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Tinley Park 60487
8612 Brookside Glen Drive
$457,500
● House - Off Market

8612 Brookside Glen Drive

Tinley Park, IL 60487
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,265 Ft²
$3,507
Est. Monthly
4.25%
Cap Rate

About This Property

Two story Fane model with 4 bedroom upstairs and one downstairs  2.5 bathrooms with quartz counter tops, undermount sinks and new faucets  Large loft open to living room  Gas brick fireplace  Kitchen with quartz counter tops, stainless steel applicances and undermount sink  Laundry room with newer washer and dryer  Updates to house over the last few years include roof, two new air conditioners, two new furnaces, new flooring and backup/battery sump pump  Gazebo and shed included  Original siding replaced with solid core vinyl siding  Fenced in back yard and sprinkler system
Unit Size
3,265 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$1,150
HOA Dues
-
Year Built
1998

Payment Calculator

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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 #11942555)

Price History

Date / Event Date Event Price
Mar 11, 2024 Sold
Premium
Sold
Dec 6, 2023 Listed by City Gate Real Estate Inc. $480,000
Listed by City Gate Real Estate Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 575
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,083
  • Total Building Area: 3,350
  • Building Area: 3,350
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 3,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKSIDE GLEN
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 320 IN BROOKSIDE GLEN UNIT 3, A SUB OF PRT OF THE W1/2 NW1/4 PRT OF THE SW1/4 OF SEC 11, T35N-R12E.

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883514

Geography

  • Parcel: 19-09-11-304-017
  • Lot: 320
  • Meridian: SEC 11 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5347
  • Longitude: -87.8259

    Address

  • Full Address: 8612 Brookside Glen Dr
  • Legal Unit: 3
  • Address - House Number: 8612
  • Address - Street Name: Brookside Glen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: R001
  • 4-Digit Zip Code: 7077
  • Zip Code: 60487

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,379,494
  • Tax Rate Code Area: 1961

    Appraisal Valuation

  • Standard Deviation: 0.0862
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 471,290
  • High Value: 511,930
  • Low Value: 430,650

    Market Valuation

  • Market Total Value: $426,138
  • Market Land Value: $72,648
  • Market Improvement Value: $353,490

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $142,046
  • Assessed Land Value: $24,216
  • Assessed Improvements Value: $117,830

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11862
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

1668 ft²

Average Home Age

33 years

Currently For Sale

102 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 8161 W Orchard Drive, Frankfort, IL, 60423

$3,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
8161 W Orchard Drive, Frankfort, IL, 60423 Listing by Beata Krasowski
Unit for rent at 18768 S Burnside Station Drive, Mokena, IL, 60448

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,440 ft²
18768 S Burnside Station Drive, Mokena, IL, 60448 Listing by Mary Maloney

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Garrett Horkan, City Gate Real Estate Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11942555
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 8612 Brookside Glen Drive built and last sold?
The property at 8612 Brookside Glen Drive was built in 1998 and last sold on Mar 7, 2024 for $457,500.
How much is this home worth?
The estimated value of the home located at 8612 Brookside Glen Drive is $0.
What are some comparable homes to 8612 Brookside Glen Drive?
There are currently no comparable homes to 8612 Brookside Glen Drive.
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