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7505 161st St

Tinley Park, IL 60477

3 bd 2 ba 1,218 sqft Built 1969 Lot 7,500 sqft single_family
Most recent sale
$285,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $285,000 MLS #11424030
Jun 3, 2022 Listed $274,900 MLS #11424030
Dec 23, 1986 Sold $81,400 Public Record
Dec 1, 1986 Sold $81,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $22,140 $4,860 $27,000 $6,998
2022 $15,637 $3,442 $19,079 $5,669
2021 $15,637 $3,442 $19,079 $5,580
2020 $15,637 $3,442 $19,079 $5,670
2019 $18,130 $3,037 $21,167 $6,278
2018 $18,130 $3,037 $21,167 $6,150
2017 $18,130 $3,037 $21,167 $6,016
2016 $15,003 $2,835 $17,838 $5,449
2015 $15,003 $2,835 $17,838 $5,333
2014 $15,003 $2,835 $17,838 $5,295
2013 $16,313 $2,835 $19,148 $5,287
2012 $16,313 $2,835 $19,148 $5,183
2011 $16,313 $2,835 $19,148 $5,090
2010 $21,580 $2,835 $24,415 $5,061
2009 $21,580 $2,835 $24,415 $4,562
2008 $21,165 $4,536 $25,701 $4,004
2007 $18,756 $3,888 $22,644 $3,864
2006 $18,756 $3,888 $22,644 $3,689

Property facts

Year built
1969
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,218 sqft
Lot size
7,500 sqft
ZIP code
60477
City
Tinley Park
Street
161st St
Coordinates
41.59806, -87.80174

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,192
Gross rental yield
9.23%
Implied cap rate
6.00%
Trend-extrapolated value

Frequently asked questions

When did 7505 161st St last sell?
7505 161st St most recently sold on Jul 19, 2022 for $285,000.
What is the current tax assessment for 7505 161st St?
The most recent total assessment for 7505 161st St (year 2023) is $27,000 with $6,998 in property tax.
How does 7505 161st St's assessment compare to its last sale price?
The current assessment is 90.5% below the last sale price of $285,000.
When was 7505 161st St built?
7505 161st St was built in 1969.
How does 7505 161st St compare to others on 161st St?
We track 8 other properties on 161st St. Browse the list under "Other properties on 161st St" to compare beds, baths, and sale history.
What are the property facts for 7505 161st St?
7505 161st St is a 3 bed, 2 bath, 1,218 sqft, 7,500 sqft lot single_family.
Is 7505 161st St a flip candidate?
No — 7505 161st St does not appear in our flips dataset.
Is 7505 161st St a tax-appeal candidate?
No — 7505 161st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$256K
2026 Q4
$253K
ZIP 60477 — Median Price History + Forecast

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