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Tinley Park 60477
7341 170th Place
$255,000
● House - Off Market

7341 170th Place

Tinley Park, IL 60477
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,209 Ft²
$285,996
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Estate Sale, Beautiful and well kept home has so much to offer to a new buyer! Be greeted to an open area with living and dining room combined, freshly painted with neutral colors and serene views throughout. Large kitchen with lots of cabinets and table area with door that will lead you to your private backyard.Second level with 3 bedrooms and brand new carpet, full bath with double sink, tub and shower.  The lower level has a finished recreation area, could also be a bedroom! laundry area with access to back yard and huge crawl space for additional storage.  Attached 2 car garage and much more!  Furnace 2019, Roof 2003 with a 30 year warranty, newer A/C and much more!
Unit Size
1,209 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$207
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1972

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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 #11135933)

Price History

Date / Event Date Event Price
Aug 13, 2021 Sold
Premium
Sold
Jun 30, 2021 Listed by HomeSmart Realty Group $249,900
Listed by HomeSmart Realty Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,675
  • Total Building Area: 1,209
  • Gross Building Area: 1,209
  • Building Area: 1,209
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,209
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TINLEY HEIGHTS UNIT FIVE
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824123

Geography

  • District: 28
  • Parcel: 27-25-220-020-0000
  • Meridian: SEC 25 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5825
  • Longitude: -87.7975

    Address

  • Full Address: 7341 170th Pl
  • Address - House Number: 7341
  • Address - Street Name: 170th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C041
  • 4-Digit Zip Code: 2676
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $586,068
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 305,018
  • High Value: 378,442
  • Low Value: 231,593

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $58,050
  • Market Improvement Value: $231,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $5,805
  • Assessed Improvements Value: $23,195

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2123028418

    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:

$344,900

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1738 ft²

Average Home Age

35.6 years

Currently For Sale

110 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 7929 163rd Court, Tinley Park, IL, 60477

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,150 ft²
7929 163rd Court #7929, Tinley Park, IL, 60477 Listing by Joanna Staszel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maria Miller, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11135933
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 7341 170th Place built and last sold?
The property at 7341 170th Place was built in 1972 and last sold on Aug 9, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 7341 170th Place is $0.
What are some comparable homes to 7341 170th Place?
There are currently no comparable homes to 7341 170th Place.
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