16160 Bormet Dr
Tinley Park, IL 60477
2 bd 2 ba 1,380 sqft Built 1996 Lot 1,943 sqft townhomes
Most recent sale
$228,000
Mar 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 1, 2024 | Sold | $250,000 | MRED |
| Jan 19, 2024 | Listed | $250,000 | MRED |
| Mar 17, 2022 | Sold | $228,000 | MLS #11326293 |
| Feb 16, 2022 | Listed | $227,900 | MLS #11326293 |
| Jul 30, 2018 | Sold | $158,000 | MLS #09982715 |
| Jun 12, 2018 | Listed | $165,000 | MLS #09982715 |
| Mar 26, 2008 | Sold | $191,000 | Public Record |
| Jun 30, 2005 | Sold | $180,000 | Public Record |
| Mar 2, 1999 | Sold | $121,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $21,079 | $920 | $21,999 | $6,108 |
| 2022 | $14,695 | $1,557 | $16,252 | $4,574 |
| 2021 | $14,695 | $1,557 | $16,252 | $4,458 |
| 2020 | $14,695 | $1,557 | $16,252 | $4,419 |
| 2019 | $13,718 | $1,416 | $15,134 | $3,796 |
| 2018 | $13,718 | $1,416 | $15,134 | $3,712 |
| 2017 | $13,718 | $1,416 | $15,134 | $3,632 |
| 2016 | $13,241 | $1,274 | $14,515 | $3,991 |
| 2015 | $13,241 | $1,274 | $14,515 | $3,907 |
| 2014 | $13,241 | $1,274 | $14,515 | $3,891 |
| 2013 | $16,809 | $1,274 | $18,083 | $4,667 |
| 2012 | $16,809 | $1,274 | $18,083 | $4,570 |
| 2011 | $16,809 | $1,274 | $18,083 | $4,463 |
| 2010 | $18,051 | $1,274 | $19,325 | $4,343 |
| 2009 | $18,051 | $1,274 | $19,325 | $3,911 |
| 2008 | $18,304 | $2,039 | $20,343 | $4,885 |
| 2007 | $14,757 | $1,982 | $16,739 | $3,048 |
| 2006 | $14,757 | $1,982 | $16,739 | $2,790 |
Property facts
Year built
1996
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,380 sqft
Lot size
1,943 sqft
ZIP code
60477
City
Tinley Park
Street
Bormet Dr
Coordinates
41.59652, -87.81813
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,484
Gross rental yield
13.07%
Implied cap rate
8.50%
Trend-extrapolated value
—
Frequently asked questions
When did 16160 Bormet Dr last sell?
16160 Bormet Dr most recently sold on Mar 17, 2022 for $228,000.
What is the current tax assessment for 16160 Bormet Dr?
The most recent total assessment for 16160 Bormet Dr (year 2023) is $21,999 with $6,108 in property tax.
How does 16160 Bormet Dr's assessment compare to its last sale price?
The current assessment is 90.4% below the last sale price of $228,000.
When was 16160 Bormet Dr built?
16160 Bormet Dr was built in 1996.
How does 16160 Bormet Dr compare to others on Bormet Dr?
We track 8 other properties on Bormet Dr. Browse the list under "Other properties on Bormet Dr" to compare beds, baths, and sale history.
What are the property facts for 16160 Bormet Dr?
16160 Bormet Dr is a 2 bed, 2 bath, 1,380 sqft, 1,943 sqft lot townhomes.
Is 16160 Bormet Dr a flip candidate?
No — 16160 Bormet Dr does not appear in our flips dataset.
Is 16160 Bormet Dr a tax-appeal candidate?
No — 16160 Bormet Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$256K
2026 Q4
$253K
ZIP 60477 — Median Price History + Forecast
Explore nearby
Geography
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