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Orland Park 60467
16640 Stuart Avenue
$465,000
● House - Off Market

16640 Stuart Avenue

Orland Park, IL 60467
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,629 Ft²
$530,497
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Gorgeous, well cared for home and full of updates! Stunning bathroom remodels! Gleaming hardwood floors. Kitchen has quartz countertops and is newly updated. Beautiful 2 story family room that features a wood burning/gas starter fireplace. Main level laundry. 4 large bedrooms with large closets. The finished  basement adds additional space with plenty of storage! The beautiful decor allows you to simply move in and enjoy. Amazing large yard with a beautiful patio and 4 person hot tub. Amazing low taxes! This home offers great entertaining space inside and out. Truly move in ready!
Unit Size
2,629 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$175
Property Type
House
Property Taxes
$558
HOA Dues
$13
Year Built
1999

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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 #11095615)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
May 20, 2021 Listed by Keller Williams Preferred Rlty $459,000
Listed by Keller Williams Preferred Rlty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • 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: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,629
  • Gross Building Area: 2,629
  • Building Area: 2,629
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,629
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALPINE HEIGHTS SUB OF SW SEC 20-36-12
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

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

Geography

  • District: 28
  • Parcel: 27-20-323-056-0000
  • Block: 29
  • Lot: 15,14
  • Meridian: SEC 20 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.587
  • Longitude: -87.8853

    Address

  • Full Address: 16640 Stuart Ave
  • Address - House Number: 16640
  • Address - Street Name: Stuart
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Orland Park
  • Carrier Code: R022
  • 4-Digit Zip Code: 5382
  • Zip Code: 60467

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $763,698
  • Tax Rate Code Area: 28007

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 506,359
  • High Value: 622,342
  • Low Value: 390,377

    Market Valuation

  • Market Total Value: $500,010
  • Market Land Value: $65,630
  • Market Improvement Value: $434,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,001
  • Assessed Land Value: $6,563
  • Assessed Improvements Value: $43,438

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2121433213
  • Previous Sale Recording Date: Dec 23, 1994
  • Previous Sale Contract Date: Dec 20, 1994
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: 71

    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 Orland Park

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2424 ft²

Average Home Age

35.8 years

Currently For Sale

134 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 10609 Paige Circle, Orland Park, IL, 60462

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,873 ft²
10609 Paige Circle, Orland Park, IL, 60462 Listing by Montoya Poindexter

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jamie Lemmons-Svoboda, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11095615
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 16640 Stuart Avenue built and last sold?
The property at 16640 Stuart Avenue was built in 1999 and last sold on Jun 30, 2021 for $465,000.
How much is this home worth?
The estimated value of the home located at 16640 Stuart Avenue is $470,410.
What are some comparable homes to 16640 Stuart Avenue?
There are currently no comparable homes to 16640 Stuart Avenue.
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