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Tinley Park 60477
16236 76th Avenue
$163,000
● House - Off Market

16236 76th Avenue

TINLEY PARK, IL 60477
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$279,739
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Estate Sale Sold AS-IS. In need of some updating. Great home in the Brementowne priced to sell. Renters in till End of Oct. Not many homes like this one, rare find with the Larger lower level! 1120 sq ft is just the upper level! Another 1100 lower! Features 3 bedrooms, 2 bath, eat-in kitchen, dining room, Over-sided Family Room, huge 4th Bedroom & Laundry in lower level with a Full Bath. 2 car detached garage. All appliances stay. Ideally located near parks, shopping & transportation.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$156
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1973

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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.

Last updated: 3 years ago (MRED MLS #09340217)

Price History

Date / Event Date Event Price
Jul 19, 2017 Sold
Premium
Sold
Sep 12, 2016 Listed by Baird & Warner $175,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,871
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BREMENTOWNE ESTATES UNIT4
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (BREMENTOWNE) ESTATES (UNIT4) SUB OF PT SW NE SE, NW SE & NE SW SEC 24-36-12

Neighborhood

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

Geography

  • District: 28
  • Parcel: 27-24-109-001-0000
  • Lot: 445
  • Meridian: SEC 24 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5955
  • Longitude: -87.8042

    Address

  • Full Address: 16236 76th Ave
  • Legal Unit: 4
  • Address - House Number: 16236
  • Address - Street Name: 76th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C017
  • 4-Digit Zip Code: 1575
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $692,534
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 308,205
  • High Value: 378,581
  • Low Value: 237,829

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $53,230
  • Market Improvement Value: $216,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $5,323
  • Assessed Improvements Value: $21,677

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Jul 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1720708031

    Financing

  • First Mortgage Financing Type: FIX
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:

$344,990

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1792 ft²

Average Home Age

33.5 years

Currently For Sale

112 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 6456 W 175th Street, Tinley Park, IL, 60477

$3,400 /mo

  • 3 Beds
  • 3 Baths
  • 2,100 ft²
6456 W 175th Street, Tinley Park, IL, 60477 Listing by Steven Loerop

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09340217
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 16236 76th Avenue built and last sold?
The property at 16236 76th Avenue was built in 1973 and last sold on Jul 17, 2017 for $160,000.
How much is this home worth?
The estimated value of the home located at 16236 76th Avenue is $178,882.
What are some comparable homes to 16236 76th Avenue?
There are currently no comparable homes to 16236 76th Avenue.
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