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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

DateEventPriceSource
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

YearBuildingLandTotal assessedTax 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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated 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 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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