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Tinley Park 60477
7625 173rd Place
$325,000
● House - Off Market

7625 173rd Place

Tinley Park, IL 60477
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$341,088
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

INTERIOR AND EXTERIOR UPDATES GALORE MAKES THIS ONE OF THE NICEST HOMES IN TINLEY. FULLY REMODELED KITCHEN INCLUDES GRANITE COUNTERS, PORCELAIN TILE, TRAVERTINE BACKSPLASH AND SS APPLIANCES.  BOTH BATHS UPDATED WITH GRANITE COUNTERS, CERAMIC TILE SHOWER AMD PORCELAIN FLOORING.  BEAUTIFUL HARDWOOD FLOORS AND VAULTED CEILINGS ON MAIN LEVEL INCLUDING A LOVELY BAY WINDOW IN THE LIVING ROOM.  NEWER CARPETING UPSTAIRS IN SPACIOUS BEDROOMS AND HALLWAY.  LAUNDRY ROOM INCLUDES BEAUTIFUL CUSTOM CABINETRY AND GRANITE COUNTERS.  NEWER WINDOWS THROUGHOUT ALL LEVELS.  UPDATED SIDING, SOFFITS, FASCIA AND GUTTERS.  NEWER ROOF AND REBUILT CHIMNEY. BRICK PAVER BACK PATIO LEADING TO YOUR PICTURESQUE YARD. PERFECT CEMENT DRIVEWAY AND WALKWAY TO YOUR FRONT DOOR.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$194
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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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 #11452916)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jul 1, 2022 Listed by RE/MAX 10 $329,900
Listed by RE/MAX 10

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • 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: 9,240
  • Total Building Area: 1,125
  • Gross Building Area: 1,125
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNDALE RIDGE
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (SUNDALE)(RIDGE) SUB OF PT ALSO EH SW LYING S OF 173R D TO 175TH ST SE SEC 25-36-12

Neighborhood

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

Geography

  • District: 28
  • Parcel: 27-25-309-043-0000
  • Block: 8
  • Lot: 32
  • Meridian: SEC 25 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5753
  • Longitude: -87.8043

    Address

  • Full Address: 7625 173rd Pl
  • Address - House Number: 7625
  • Address - Street Name: 173rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 3207
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535,292
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 326,307
  • High Value: 400,589
  • Low Value: 252,025

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $55,440
  • Market Improvement Value: $224,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $5,544
  • Assessed Improvements Value: $22,456

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4333
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:

$344,990

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1800 ft²

Average Home Age

32 years

Currently For Sale

118 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 18030 66th Court, Tinley Park, IL, 60477

$2,325 /mo

  • 2 Beds
  • 2 Baths
  • 1,316 ft²
18030 66th Court #2N, Tinley Park, IL, 60477 Listing by Sarah Martinath

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Clendenning, RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 11452916
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 7625 173rd Place built and last sold?
The property at 7625 173rd Place was built in 1972 and last sold on Aug 19, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 7625 173rd Place is $334,413.
What are some comparable homes to 7625 173rd Place?
There are currently no comparable homes to 7625 173rd Place.
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