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Tinley Park 60477
7439 159th Place
$266,500
● House - Off Market

7439 159th Place

Tinley Park, IL 60477
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$306,278
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

THIS HOME SHOWS VERY WELL !! Updated  windows. Tear off roof in 2018. Updated bathrooms, six panel oak doors, updated trim and Pergo floors, appliances 2017 and 2018, big fenced in backyard. A few personal items included in price: living room couch (2018), TV with stand (2018), children's bed with mattress, and table with 4 chairs. Walking distance to many local retail stores and restaurants. Excellent school district. Schedule your viewing today!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$237
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1970

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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 #11089664)

Price History

Date / Event Date Event Price
Jul 14, 2021 Sold
Premium
Sold
May 15, 2021 Listed by Keller Williams Preferred Rlty $265,000
Listed by Keller Williams Preferred Rlty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 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: 7,620
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 650
  • 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: BREMEN TOWNE ESTATES 01
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 28
  • Parcel: 27-24-203-012-0000
  • Lot: 18
  • Meridian: SEC 24 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.6007
  • Longitude: -87.8011

    Address

  • Full Address: 7439 159th Pl
  • Address - House Number: 7439
  • Address - Street Name: 159th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C053
  • 4-Digit Zip Code: 1310
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $572,066
  • Tax Rate Code Area: 28027

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 304,530
  • High Value: 374,067
  • Low Value: 234,994

    Market Valuation

  • Market Total Value: $265,940
  • Market Land Value: $45,720
  • Market Improvement Value: $220,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,594
  • Assessed Land Value: $4,572
  • Assessed Improvements Value: $22,022

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2120245452
  • Previous Sale Recording Date: Jan 15, 2016
  • Previous Sale Contract Date: Jan 12, 2016
  • Previous Sale Document Type: 64

    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:

$344,945

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1770 ft²

Average Home Age

33.6 years

Currently For Sale

119 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

Rentals Near You

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MRED

Listed by: Boguslawa Bodnar, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11089664
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 7439 159th Place built and last sold?
The property at 7439 159th Place was built in 1970 and last sold on Jul 7, 2021 for $266,500.
How much is this home worth?
The estimated value of the home located at 7439 159th Place is $0.
What are some comparable homes to 7439 159th Place?
There are currently no comparable homes to 7439 159th Place.
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