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Tinley Park 60477
7261 W 173rd Place
$227,000
● House - Off Market

7261 W 173rd Place

TINLEY PARK, IL 60477
bedrooms
3 Beds
bathrooms
2 Baths
$434,764
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Great price**Totally updated brick split on big 60x125 lot!LR w/vaulted ceils."Awesome to-die-for"kit(over 35K spent)w/oak cabs,SS appls(Miele dbl oven+cooktop),roll-out shelves,cer backsplash!New full bath('03)w/jacuzzi,cer tiles/flr.Big fam rm.New windows,tear-off roof(05),furn & c/a(00),wtr htr(07)*NO C.O.S*Fenced yard w/ab gr"heated 15x30 pool w/deck & shed.Side dr to 2.5 car garage.Absolute move-in cond-run!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1958

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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

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,116
  • Gross Building Area: 1,116
  • Building Area: 1,116
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,116
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNDALE HILLS ADD TO TINLEY
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SUNDALE)(HILLS) ADD TO (TINLEY) PK SUB OF PT OF SE L YING S OF CNTR LINE OF 173RD A T MCINTOSH UNIT2 ALSO E 40FT S OF CNTR 1

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 825304

Geography

  • District: 28
  • Parcel: 27-25-410-028-0000
  • Block: 15
  • Lot: 6
  • Meridian: SEC 25 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5757
  • Longitude: -87.7955

    Address

  • Full Address: 7261 173rd Pl
  • Legal Unit: IT2
  • Address - House Number: 7261
  • Address - Street Name: 173rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 3258
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $635,698
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 299,189
  • High Value: 368,028
  • Low Value: 230,350

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $46,800
  • Market Improvement Value: $193,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,680
  • Assessed Improvements Value: $19,320

    Sales

  • Current Sale Contract Date: Jun 03, 2010
  • Current Sale Recording Date: Jun 18, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1016947065
  • Previous Sale Recording Date: Jul 15, 2008
  • Previous Sale Contract Date: Jul 01, 2008
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: 71
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:

$344,945

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1742 ft²

Average Home Age

34.8 years

Currently For Sale

111 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 6661 Glenview Drive, Tinley Park, IL, 60477

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,125 ft²
6661 Glenview Drive, Tinley Park, IL, 60477 Listing by Amber Holup
Unit for rent at 7745 Woodstock Drive, Tinley Park, IL, 60477

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 2,026 ft²
7745 Woodstock Drive, Tinley Park, IL, 60477 Listing by Danielle Moy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kathy Toscas, RE/MAX Team 2000
Data Source: MRED, MLS# MRD06920013
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 7261 173rd Place built and last sold?
The property at 7261 173rd Place was built in 1958 and last sold on Jun 3, 2010 for $217,000.
How much is this home worth?
The estimated value of the home located at 7261 173rd Place is $232,199.
What are some comparable homes to 7261 173rd Place?
There are currently no comparable homes to 7261 173rd Place.
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