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Tinley Park 60477
88 Odyssey Drive
$375,000
● House - Off Market

88 Odyssey Drive

Tinley Park, IL 60477
bedrooms
2 Beds
bathrooms
4 Baths
square feet
2,197 Ft²
$2,943
Est. Monthly
$294
HOA / Fees
3.60%
Cap Rate

About This Property

Very nice and very large two story townhome in the Odyssey subdivision in Tinley Park. This end unit townhome has three bedrooms and 4 full bathrooms.  A very large and open living space on the main level. Additional open loft area ideal for an office or an entertainment space. A very spacious dining area. You'll love the huge, fully finished basement that has a bedroom and a large shared bathroom.  Hardwood floors in the main floor living areas. This townhome sits quietly in a cul-de-sac nestled near a serene pond and golf course.
Unit Size
2,197 Ft²
Days on Market
-
Land Size
-
Price per sqft
$171
Property Type
House
Property Taxes
$803
HOA Dues
$294
Year Built
2005

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 10
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 6,219
  • Total Building Area: 2,197
  • Gross Building Area: 2,197
  • Building Area: 2,197
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,197
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ODYSSEY CLUB PH 06
  • Land Acres: 0000000143
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-95

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 829904

Geography

  • District: 32
  • Parcel: 31-07-203-031-0000
  • Lot: 7
  • Municipality: RICH
  • Latitude: 41.5372
  • Longitude: -87.7745

    Address

  • Full Address: 88 Odyssey Dr
  • Address - House Number: 88
  • Address - Street Name: Odyssey
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: R018
  • 4-Digit Zip Code: 4847
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $854,755
  • Tax Rate Code Area: 32083

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 347,273
  • High Value: 426,327
  • Low Value: 268,218

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $79,290
  • Market Improvement Value: $210,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $7,929
  • Assessed Improvements Value: $21,071

    Sales

  • Current Sale Contract Date: May 31, 2006
  • Current Sale Recording Date: Jul 06, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0618743320
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

1844 ft²

Average Home Age

32.3 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 48 Churn Road, Matteson, IL, 60443

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
48 Churn Road, Matteson, IL, 60443 Listing by Amber Holup
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: Trevor Nightengale, Basis Real Estate Group
Data Source: MRED, MLS# MRD12465605
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 88 Odyssey Drive built and last sold?
The property at 88 Odyssey Drive was built in 2005 and last sold on May 31, 2006 for $309,500.
How much is this home worth?
The estimated value of the home located at 88 Odyssey Drive is $0.
What are some comparable homes to 88 Odyssey Drive?
There are currently no comparable homes to 88 Odyssey Drive.
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