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Tinley Park 60487
8441 168th Place
$370,000
● House - Off Market

8441 168th Place

Tinley Park, IL 60477
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,347 Ft²
$344,059
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

MULTIPLE OFFERS RECEIVED - CALLING FOR FINAL HIGHEST AND BEST BY 6/14 AT 10 A.M. Come see this beautiful brick home on cul-de-sac street featuring hardwood floors, large kitchen with shared family room perfect for entertaining. Enjoy family and friend gatherings in a fully fenced large backyard with two decks. 2 car attached garage plus detached 3 car garage. Selling As-Is.
Unit Size
1,347 Ft²
Days on Market
-
Land Size
-
Price per sqft
$256
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1987

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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 #11805591)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
Jun 11, 2023 Listed by Cagan Realty $345,000
Listed by Cagan Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • 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
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 15,249
  • Total Building Area: 1,347
  • Gross Building Area: 1,347
  • Building Area: 1,347
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,347
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY HILL FARMS
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: LOT 52 IN CHERRY HILL FARMS UNIT 5 PHASE I PART OF NE4 NW4 OF SEC26 T3 6N R12E 3P

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824121

Geography

  • District: 28
  • Parcel: 27-26-126-017-0000
  • Lot: 52
  • Meridian: SEC 26 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.584
  • Longitude: -87.8233

    Address

  • Full Address: 8441 168th Pl
  • Address - House Number: 8441
  • Address - Street Name: 168th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: R009
  • 4-Digit Zip Code: 7661
  • Zip Code: 60487

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $770,892
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 357,456
  • High Value: 438,134
  • Low Value: 276,779

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $99,120
  • Market Improvement Value: $250,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $9,912
  • Assessed Improvements Value: $25,088

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 40261
  • Previous Sale Recording Date: Apr 16, 2010
  • Previous Sale Contract Date: Apr 02, 2010
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 71
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

1814 ft²

Average Home Age

35.8 years

Currently For Sale

108 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: Adriana Cuellar, Cagan Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11805591
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 8441 168th Place built and last sold?
The property at 8441 168th Place was built in 1987 and last sold on Jul 21, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 8441 168th Place is $0.
What are some comparable homes to 8441 168th Place?
There are currently no comparable homes to 8441 168th Place.
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