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Tinley Park 60477
7537 170th Place
$434,000
● House - Off Market

7537 170th Place

Tinley Park, IL 60477
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,004 Ft²
$2,649
Est. Monthly
7.07%
Cap Rate

About This Property

Well maintained forester built in 1996 with a newer roof and siding. Freshly painted inside with new carpets ready to move in condition.   4 spacious bedrooms and 3 full bathrooms with a semi-finished basement.   Outdoor deck connected to the main home from the kitchen to easily enjoy your summer evenings, including a built in barbecue grill and patio area.   Very nice, quiet neighborhood  near shopping centers and public transportation  Listing broker is related to seller
Unit Size
2,004 Ft²
Days on Market
-
Land Size
-
Price per sqft
$229
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1997

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,450
  • Total Building Area: 2,004
  • Gross Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRMONT VILLAGE 04A/GALLAGHER & H
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: GALLAGHER & HENRYS FAIRMO LOT 184

Neighborhood

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

Geography

  • District: 28
  • Parcel: 27-25-115-006-0000
  • Lot: 184
  • Meridian: SEC 25 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5833
  • Longitude: -87.8033

    Address

  • Full Address: 7537 170th Pl
  • Address - House Number: 7537
  • Address - Street Name: 170th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C041
  • 4-Digit Zip Code: 4750
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $627,759
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 467,347
  • High Value: 574,061
  • Low Value: 360,633

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $56,700
  • Market Improvement Value: $323,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $5,670
  • Assessed Improvements Value: $32,330

    Sales

  • Current Sale Contract Date: May 04, 1998
  • Current Sale Recording Date: Jun 11, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 98492486
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

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MRED

Listed by: Nikolaos Kuruklis, Hometown Real Estate Group LLC
Data Source: MRED, MLS# MRD12273553
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 7537 170th Place built and last sold?
The property at 7537 170th Place was built in 1997 and last sold on May 4, 1998 for $227,500.
How much is this home worth?
The estimated value of the home located at 7537 170th Place is $0.
What are some comparable homes to 7537 170th Place?
There are currently no comparable homes to 7537 170th Place.
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