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Tinley Park 60487
18376 Lenore Lane
$247,000
● House - Off Market

18376 Lenore Lane

Tinley Park, IL 60487
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$1,330
Est. Monthly
10.75%
Cap Rate

About This Property

Discover the perfect blend of comfort and convenience with this 1120 square foot ranch, ideally situated across from a scenic park and opening to a vast field in the backyard, this 0.37 acre property boasts unparalleled views and tranquility. Step onto the expansive rear porch spanning the full length of the home, and envision countless evenings spent enjoying the outdoors. With a new roof and siding installed in2023, this home combines classic charm with contemporary durability. Inside, this charming home features three bedrooms, one bathroom, a living room, an office,and a two-car attached garage (plus a backyard shed), providing ample space for daily living and storage. Selling AS IS, this property presents a rare opportunity to personalize your oasis in a prime location. Don't miss out on this gem - schedule your showing today and turn your homeownership dreams into reality! Don't hesitate to make this picturesque retreat yours!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$214
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1960

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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 #11985094)

Price History

Date / Event Date Event Price
Mar 20, 2024 Sold
Premium
Sold
Feb 20, 2024 Listed by eXp Realty, LLC $240,000
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 396
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,945
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TINLEY GARDENS
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 69 THE S 2 FT OF LOT 2 IN TINLEY GARDENS, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 3, T35N-R12E.

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883514

Geography

  • Parcel: 19-09-03-104-005
  • Lot: 2
  • Meridian: SEC 03 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5555
  • Longitude: -87.846

    Address

  • Full Address: 18376 Lenore Ln
  • Address - House Number: 18376
  • Address - Street Name: Lenore
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: R015
  • 4-Digit Zip Code: 9503
  • Zip Code: 60487

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $180,744
  • Tax Rate Code Area: 1922

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 238,277
  • High Value: 259,000
  • Low Value: 217,555

    Market Valuation

  • Market Total Value: $180,342
  • Market Land Value: $44,010
  • Market Improvement Value: $136,332

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,114
  • Assessed Land Value: $14,670
  • Assessed Improvements Value: $45,444

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2024
  • Current Sale Recording Date: Mar 20, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13185
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 16661 Liberty Circle, Orland Park, IL, 60467

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
16661 Liberty Circle #2S, Orland Park, IL, 60467 Listing by Michele Beckers
Unit for rent at 16671 Liberty Circle, Orland Park, IL, 60467

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
16671 Liberty Circle #1N, Orland Park, IL, 60467 Listing by Timothy Good
Unit for rent at 16690 Liberty Circle, Orland Park, IL, 60467

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
16690 Liberty Circle #3N, Orland Park, IL, 60467 Listing by Daiva Barciene

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cynthia Fiene-Curfs, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11985094
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 18376 Lenore Lane built and last sold?
The property at 18376 Lenore Lane was built in 1960 and last sold on Mar 14, 2024 for $247,000.
How much is this home worth?
The estimated value of the home located at 18376 Lenore Lane is $0.
What are some comparable homes to 18376 Lenore Lane?
There are currently no comparable homes to 18376 Lenore Lane.
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