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Tinley Park 60477
16065 Pine Drive
$257,500
● House - Off Market

16065 Pine Drive

Tinley Park, IL 60477
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$2,062
Est. Monthly
$415
HOA / Fees
3.61%
Cap Rate

About This Property

Premium End unit Ranch with no steps located in The Eagle Ridge Estate of Tinley Park! Ceramic entry foyer with guest closet into spacious living room with brick gas stater fireplace, upgraded kitchen with adjoining dining room and separate laundry room offering a utility sink! Private master bedroom suite with full bath & double closets. Second bedroom with double closets & second bath with linin closet. All Oak trim & doors throughout. The 2.5 car attached garage with shelving and pull down stairs to the attic for storage. Brick construction by Voss!  Great location!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$345
HOA Dues
$415
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 593,124
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEARVIEW CONDO
  • Land Acres: 0000013616
  • Standard Land Use Code: 1004
  • County Land Use Code: 2-99

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824122

Geography

  • District: 28
  • Parcel: 27-23-200-015-1046
  • Meridian: SEC 23 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5981
  • Longitude: -87.8213

    Address

  • Full Address: 16065 Pine Dr
  • Address - House Number: 16065
  • Address - Street Name: Pine
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C036
  • 4-Digit Zip Code: 6326
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $329,970
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 228,636
  • High Value: 272,299
  • Low Value: 184,972

    Market Valuation

  • Market Total Value: $212,220
  • Market Land Value: $27,610
  • Market Improvement Value: $184,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,222
  • Assessed Land Value: $2,761
  • Assessed Improvements Value: $18,461

    Sales

  • Current Sale Contract Date: Mar 17, 2003
  • Current Sale Recording Date: Apr 07, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0030457944
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tinley Park

Stats & Trends

Median Asking:

$344,900

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1734 ft²

Average Home Age

35.4 years

Currently For Sale

107 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7109 Laverne Lane, Tinley Park, IL, 60477

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
7109 Laverne Lane #2A, Tinley Park, IL, 60477 Listing by Andrew Kowalkowski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mary Ellen Considine, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12356610
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 16065 Pine Drive built and last sold?
The property at 16065 Pine Drive was built in 1989 and last sold on Mar 17, 2003 for $173,000.
How much is this home worth?
The estimated value of the home located at 16065 Pine Drive is $0.
What are some comparable homes to 16065 Pine Drive?
There are currently no comparable homes to 16065 Pine Drive.
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