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Orland Park 60467
16522 Timber Trail
Photo of 16522 Timber Trail
Sold on Jul 15, 2026

27

Map

Photo of 16522 Timber Trail
Photo of 16522 Timber Trail
$450,000
● House - Off Market

16522 Timber Trail

Orland Park, IL 60467
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,988 Ft²
$3,025
Est. Monthly
$250
HOA / Fees
Unit Size
1,988 Ft²
Days on Market
-
Land Size
-
Price per sqft
$216
Property Type
House
Property Taxes
$664
HOA Dues
$250
Year Built
2016

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 10
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,439
  • Total Building Area: 1,988
  • Gross Building Area: 1,988
  • Building Area: 1,988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWNHOMES/ALPINE HTS
  • Land Acres: 0000000079
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-95

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824129

Geography

  • District: 28
  • Parcel: 27-20-311-068-0000
  • Lot: 3
  • Municipality: ORLAND
  • Latitude: 41.5887
  • Longitude: -87.8907

    Address

  • Full Address: 16522 Timber Trail Rd
  • Address - House Number: 16522
  • Address - Street Name: Timber Trail
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Orland Park
  • Zip Code: 60467

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $614,213
  • Tax Rate Code Area: 28007

    Appraisal Valuation

  • Standard Deviation: 0.2339
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 383,039
  • High Value: 472,659
  • Low Value: 293,420

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $24,070
  • Market Improvement Value: $345,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $2,407
  • Assessed Improvements Value: $34,593

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2028544414
  • Previous Sale Recording Date: May 25, 2016
  • Previous Sale Contract Date: Apr 11, 2016
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 27

    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 Orland Park

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2383 ft²

Average Home Age

36.8 years

Currently For Sale

139 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 10901 Jillian Road, Orland Park, IL, 60467

$5,595 /mo

  • 4 Beds
  • 4 Baths
  • 4,578 ft²
10901 Jillian Road, Orland Park, IL, 60467 Listing by Jeff Salhani
Unit for rent at 10700 Churchill Drive, Orland Park, IL, 60467

$4,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,690 ft²
10700 Churchill Drive, Orland Park, IL, 60467 Listing by Kathleen Golden

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maureen McNamara, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12608983
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 16522 Timber Trail built and last sold?
The property at 16522 Timber Trail was built in 2016 and last sold on Jul 22, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 16522 Timber Trail is $0.
What are some comparable homes to 16522 Timber Trail?
There are currently no comparable homes to 16522 Timber Trail.
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