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Tinley Park 60477
16101 76TH Avenue
$226,000
● House - Off Market

16101 76TH Avenue

TINLEY PARK, IL 60477
bedrooms
4 Beds
bathrooms
2 Baths
$386,984
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

DON'T JUST DRIVE BY! THIS HOME IS MUCH BIGGER THAN IT LOOKS! OVERSIZED 4 BEDROOM RAISED RANCH WITH 2 FAMILY ROOMS. ALL ROOMS ARE GOOD SIZED AND THE LOWER LEVEL IS SET UP PERFECTLY FOR RELATED LIVING.BEAUTIFUL LIVING ROOM/DININGROOM WITH GREAT LIGHTING. MAIN LEVEL HAS UPDATED FULL CERAMIC BATH. NICE KITCHEN THAT LEADS TO A LARGE DECK THAT IS GREAT FOR ENTERTAINING. LOWER LEVEL IS HUGE!! A 22X12 REC ROOM, PLUS A 18X10 FAMILY ROOM. A 4TH BEDROOM AND 3/4 SHOWER CAN MAKE A MINI APARTMENT. BIG 2 1/2 CAR GARAGE WITH THE AN 8 MONTH OLD DOOR. ROOF IS 5 YEARS OLD. UPDATED WINDOWS. FURNACE AND A/C ONLY 1.5 YEARS OLD. SOME NEWER DOORS ON UPPER LEVEL. SOME RECENT PAINTING AND NEWER CARPETING. GET INSIDE TO SEE THE SIZE!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #09483884)

Price History

Date / Event Date Event Price
May 30, 2017 Sold
Premium
Sold
Jan 23, 2017 Listed by Harthside Realtors, Inc. $239,500
Listed by Harthside Realtors, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,472
  • Total Building Area: 1,218
  • Gross Building Area: 1,218
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BREMENTOWNE ESTATES UNIT2
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (BREMENTOWNE) ESTATES (UNIT2) SUB OF PT NE SEC 24-36-12

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824123

Geography

  • District: 28
  • Parcel: 27-24-206-001-0000
  • Lot: 127
  • Meridian: SEC 24 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.598
  • Longitude: -87.8035

    Address

  • Full Address: 16101 76th Ave
  • Legal Unit: 2
  • Address - House Number: 16101
  • Address - Street Name: 76th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C017
  • 4-Digit Zip Code: 1524
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $716,538
  • Tax Rate Code Area: 28027

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 311,535
  • High Value: 382,671
  • Low Value: 240,399

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $56,830
  • Market Improvement Value: $213,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $5,683
  • Assessed Improvements Value: $21,317

    Sales

  • Current Sale Contract Date: May 25, 2017
  • Current Sale Recording Date: Jun 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1715808340

    Financing

  • First Mortgage Financing Type: UNK
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:

$345,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1788 ft²

Average Home Age

34.9 years

Currently For Sale

115 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 17007 Marilyn Drive, Tinley Park, IL, 60477

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,479 ft²
17007 Marilyn Drive, Tinley Park, IL, 60477 Listing by Anthony Vorres

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Harthside Realtors, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09483884
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 16101 76th Avenue built and last sold?
The property at 16101 76th Avenue was built in 1971 and last sold on May 25, 2017 for $224,000.
How much is this home worth?
The estimated value of the home located at 16101 76th Avenue is $0.
What are some comparable homes to 16101 76th Avenue?
There are currently no comparable homes to 16101 76th Avenue.
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