See Home Value
Tinley Park 60477
7420 162nd Place
$385,000
● House - Off Market

7420 162nd Place

Tinley Park, IL 60477
bedrooms
3 Beds
bathrooms
2 Baths
$2,523
Est. Monthly
5.07%
Cap Rate

About This Property

Beautifully updated and ready to welcome you home! Modernized Raised Ranch 4-bedroom, 2-bathroom home. This inviting property boasts contemporary updates throughout.  Step inside and discover a thoughtfully designed interior, perfect for both comfortable living and entertaining. The spacious bedrooms offer a peaceful retreat, while the updated bathrooms provide a touch of luxury.  A modern kitchen with black stainless steel appliances seamlessly connects to the living spaces, creating a flowing and functional layout.  Natural wooden floors, highlighting the stylish finishes and creating an airy ambiance. Attached, screened-in porch, perfect for relaxing or entertaining. Outside, a private backyard provides a serene escape for relaxation or outdoor gatherings. Utility room with newer washer and dryer for convenience. Attached 2-car garage for secure parking and storage. Located in a desirable neighborhood, this home offers both comfort and convenience.  Don't miss the opportunity to make this exceptional property your own. Located in the desirable Tinley Park area, close to shopping, dining, and parks. This home is a rare find-contact me today to schedule a tour!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12218477)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Sold
Jan 18, 2025 In contract -
In contract
Jan 1, 2025 Price Decreased $399,999
↓ $10K (2.4%)
Price Decreased
Dec 7, 2024 Price Decreased $409,999
↓ $5K (1.2%)
Price Decreased
Nov 30, 2024 Temporarily off market -
Temporarily off market
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Property Highlights


Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BREMENTOWNE ESTATES UNIT4
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (BREMENTOWNE) ESTATES (UNIT4) SUB OF PT SW NE SE, NW SE & NE SW SEC 24-36-12

Neighborhood

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

Geography

  • District: 28
  • Parcel: 27-24-208-032-0000
  • Lot: 423
  • Meridian: SEC 24 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.596
  • Longitude: -87.8006

    Address

  • Full Address: 7420 162nd Pl
  • Legal Unit: 4
  • Address - House Number: 7420
  • Address - Street Name: 162nd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C017
  • 4-Digit Zip Code: 1543
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $562,209
  • Tax Rate Code Area: 28027

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 305,657
  • High Value: 375,984
  • Low Value: 235,330

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $45,000
  • Market Improvement Value: $215,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $21,500

    Sales

  • Current Sale Contract Date: Aug 26, 2003
  • Current Sale Recording Date: Oct 01, 2003
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0327431098
  • Previous Sale Recording Date: Jul 19, 1999
  • Previous Sale Contract Date: Apr 28, 1999
  • Previous Sale Amount: $140,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tinley Park


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 17007 Marilyn Drive, Tinley Park, IL, 60477

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,479 ft²
17007 Marilyn Drive, Tinley Park, IL, 60477 Listing by Anthony Vorres


Frequently Asked Questions

When was property at 7420 162nd Place built and last sold?
The property at 7420 162nd Place was built in 1971 and last sold on Aug 26, 2003 for $220,000.
How much is this home worth?
The estimated value of the home located at 7420 162nd Place is $0.
What are some comparable homes to 7420 162nd Place?
There are currently no comparable homes to 7420 162nd Place.