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Tinley Park 60487
8524 Steeple Drive
$335,000
● House - Off Market

8524 Steeple Drive

Tinley Park, IL 60487
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,010 Ft²
$332,708
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Step into your easy flowing 3 bedroom 2.5 bath Forrester style home in the heart of Tinley Park! As you enter the home, the high vaulted ceiling draws you into the spacious living room with tons of natural light pouring in from the beautiful windows. Step up to the connected formal dining room for social dining. The kitchen features stainless steel appliances with an eating area that overlooks the big backyard with its freshly painted deck! The family room has a beautiful brick fireplace to cozy up to in the winter months. Head upstairs to all 3 bedrooms and enjoy an en-suite bathroom in the primary bedroom. Windows are two-years old. Move in and make it your own! The home needs new carpet, seller is providing a $2,500 CREDIT for carpeting!!!
Unit Size
2,010 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$159
Property Type
House
Property Taxes
$722
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11477258)

Price History

Date / Event Date Event Price
Sep 1, 2022 Sold
Premium
Sold
Jul 28, 2022 Listed by Keller Williams Preferred Rlty $319,900
Listed by Keller Williams Preferred Rlty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 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: 10,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,010
  • Gross Building Area: 2,010
  • Building Area: 2,010
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,010
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHEASANT CHASE SUB PHASE1
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (PHEASANT) (CHASE) SUB (PHASE1) A SUB OF PT OF THE SW SEC 26-36-12

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824126

Geography

  • District: 28
  • Subdivision Phase Number: 1
  • Parcel: 27-26-314-004-0000
  • Lot: 45
  • Meridian: SEC 26 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5767
  • Longitude: -87.8257

    Address

  • Full Address: 8524 Steeple Dr
  • Address - House Number: 8524
  • Address - Street Name: Steeple
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: R004
  • 4-Digit Zip Code: 2253
  • Zip Code: 60487

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $907,709
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 399,399
  • High Value: 488,605
  • Low Value: 310,193

    Market Valuation

  • Market Total Value: $360,010
  • Market Land Value: $60,380
  • Market Improvement Value: $299,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,001
  • Assessed Land Value: $6,038
  • Assessed Improvements Value: $29,963

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18171
  • Previous Sale Recording Date: Aug 22, 2002
  • Previous Sale Contract Date: Jul 01, 2002
  • Previous Sale Amount: $277,000
  • 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:

$344,990

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1743 ft²

Average Home Age

34.6 years

Currently For Sale

107 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 7965 164th Place, Tinley Park, IL, 60477

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
7965 164th Place #7965, Tinley Park, IL, 60477 Listing by Mark Wright
Unit for rent at 7969 164th Court, Tinley Park, IL, 60477

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
7969 164th Court #7969, Tinley Park, IL, 60477 Listing by Mary Maloney
Unit for rent at 16661 Liberty Circle, Orland Park, IL, 60467

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
16661 Liberty Circle #2S, Orland Park, IL, 60467 Listing by Michele Beckers

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Sintich, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11477258
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 8524 Steeple Drive built and last sold?
The property at 8524 Steeple Drive was built in 1986 and last sold on Sep 1, 2022 for $335,000.
How much is this home worth?
The estimated value of the home located at 8524 Steeple Drive is $0.
What are some comparable homes to 8524 Steeple Drive?
There are currently no comparable homes to 8524 Steeple Drive.
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