7230 194th St
Tinley Park, IL 60487
4 bd 4 ba 3,985 sqft Built 1997 Lot 19,602 sqft single_family
Most recent sale
$465,000
Mar 1, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 1, 2023 | Sold | $465,000 | MRED |
| Nov 17, 2022 | Price changed | $465,000 | MRED |
| Oct 23, 2022 | Price changed | $475,000 | MRED |
| Oct 11, 2022 | Listed | $485,000 | MRED |
| Sep 29, 1997 | Sold | $250,000 | Public Record |
| Sep 1, 1997 | Sold | $250,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $130,977 | $31,429 | $162,406 | $13,262 |
| 2022 | $106,544 | $25,566 | $132,110 | $12,787 |
| 2021 | $99,676 | $23,918 | $123,594 | $11,603 |
| 2020 | $96,867 | $23,244 | $120,111 | $11,528 |
| 2019 | $94,274 | $22,622 | $116,896 | $11,229 |
| 2018 | $91,564 | $21,972 | $113,536 | $10,541 |
| 2017 | $89,427 | $21,459 | $110,886 | $10,535 |
| 2016 | $86,361 | $20,723 | $107,084 | $10,415 |
| 2015 | $83,320 | $19,993 | $103,313 | $10,018 |
| 2014 | $82,741 | $19,854 | $102,595 | $9,979 |
| 2013 | $83,814 | $20,111 | $103,925 | $9,641 |
| 2012 | $88,225 | $21,169 | $109,394 | $9,579 |
| 2011 | $92,868 | $22,283 | $115,151 | $9,127 |
| 2010 | $96,236 | $23,091 | $119,327 | $8,902 |
| 2009 | $98,552 | $23,647 | $122,199 | $8,572 |
| 2008 | $94,762 | $23,647 | $118,409 | $8,039 |
| 2007 | $92,451 | $23,070 | $115,521 | $7,880 |
| 2006 | $86,001 | $21,460 | $107,461 | $7,423 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,985 sqft
Lot size
19,602 sqft
ZIP code
60487
City
Tinley Park
Street
194th St
Coordinates
41.53775, -87.79242
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,790
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7230 194th St last sell?
7230 194th St most recently sold on Mar 1, 2023 for $465,000.
What is the current tax assessment for 7230 194th St?
The most recent total assessment for 7230 194th St (year 2024) is $162,406 with $13,262 in property tax.
How does 7230 194th St's assessment compare to its last sale price?
The current assessment is 65.1% below the last sale price of $465,000.
When was 7230 194th St built?
7230 194th St was built in 1997.
How does 7230 194th St compare to others on 194th St?
We track 7 other properties on 194th St. Browse the list under "Other properties on 194th St" to compare beds, baths, and sale history.
What are the property facts for 7230 194th St?
7230 194th St is a 4 bed, 4 bath, 3,985 sqft, 19,602 sqft lot single_family.
Is 7230 194th St a flip candidate?
No — 7230 194th St does not appear in our flips dataset.
Is 7230 194th St a tax-appeal candidate?
No — 7230 194th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q2
$338.5K
2026 Q3
$338.5K
ZIP 60487 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 194th St