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Tinley Park 60477
6411 163rd Place
$261,000
● House - Off Market

6411 163rd Place

Tinley Park, IL 60477
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,044 Ft²
$269,996
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

WOW!!! Tons of Curb Appeal for this Tinley Park Split Level located on an interior lot.  Nothing to do but Move-In!!! This Well Mainained Home has so much to offer:  Three Bedrooms, Two and a Half Car Garage with Heater, Screened In Porch and Shed.  The Main Bathroom has been updated with Ceramic Tile Flooring and Ceramic Tile Shower.  The Front Door/Back Door and Storm Door were all replaced in 2017.  Gas Stone Fireplace with Gas Logs and Remote Starter was added in 2015; Furnace and A/C were replaced in 2013.  Roof Replaced in 2014.  Windows were done in 2005.  Weber Gas Grill with Gasline stays; Basketball Hoop/Net is included.  This property is located close to Downtown Tinley Park. Close to Shopping, Bike Trails and Walking Path, Golf, Commuter Train.  Quick Close possible!
Unit Size
1,044 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$230
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1969

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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 #11216264)

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold
Premium
Sold
Sep 11, 2021 Listed by RE/MAX Professionals Select $239,900
Listed by RE/MAX Professionals Select

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,897
  • Total Building Area: 1,044
  • Gross Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TINLEY TERRACE SUB UNIT9
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (TINLEY) TERRACE SUB (UNIT9) SUB OF PT OF NE SE SEC 19-36-13

Neighborhood

  • School District Name: Community Consolidated School District 146
  • Census Tract: 824507

Geography

  • District: 13
  • Parcel: 28-19-417-016-0000
  • Lot: 364
  • Meridian: SEC 19 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5946
  • Longitude: -87.776

    Address

  • Full Address: 6411 163rd Pl
  • Legal Unit: 9
  • Address - House Number: 6411
  • Address - Street Name: 163rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C040
  • 4-Digit Zip Code: 1711
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $640,745
  • Tax Rate Code Area: 13039

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 288,723
  • High Value: 357,371
  • Low Value: 220,075

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $31,040
  • Market Improvement Value: $218,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $3,104
  • Assessed Improvements Value: $21,896

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2129207442

    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:

$345,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1778 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 18030 66th Court, Tinley Park, IL, 60477

$2,325 /mo

  • 2 Beds
  • 2 Baths
  • 1,316 ft²
18030 66th Court #2N, Tinley Park, IL, 60477 Listing by Sarah Martinath

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeanne DeLaFuente Gamage, RE/MAX Professionals Select
Last Updated: 3 years ago
Data Source: MRED, MLS# 11216264
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 6411 163rd Place built and last sold?
The property at 6411 163rd Place was built in 1969 and last sold on Oct 7, 2021 for $261,000.
How much is this home worth?
The estimated value of the home located at 6411 163rd Place is $0.
What are some comparable homes to 6411 163rd Place?
There are currently no comparable homes to 6411 163rd Place.
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