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8502 Fairfield Ln

Tinley Park, IL 60487

5 bd 3 ba 3,486 sqft Built 2008 Lot 13,939 sqft single_family
Most recent sale
$495,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $495,000 MLS #11375181
Apr 10, 2007 Sold $425,098 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $142,672 $40,702 $183,374 $15,063
2022 $116,058 $33,110 $149,168 $14,517
2021 $108,577 $30,976 $139,553 $13,178
2020 $105,517 $30,103 $135,620 $13,096
2019 $102,693 $29,297 $131,990 $12,758
2018 $99,741 $28,455 $128,196 $11,978
2017 $97,413 $27,791 $125,204 $11,974
2016 $94,073 $26,838 $120,911 $11,841
2015 $90,760 $25,893 $116,653 $11,392
2014 $90,129 $25,713 $115,842 $11,348
2013 $91,298 $26,046 $117,344 $10,963
2012 $96,103 $27,417 $123,520 $10,889
2011 $101,161 $28,860 $130,021 $10,371
2010 $104,830 $29,907 $134,737 $10,113
2009 $107,353 $30,627 $137,980 $9,736
2008 $107,353 $30,627 $137,980 $15,037

Property facts

Year built
2008
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,486 sqft
Lot size
13,939 sqft
ZIP code
60487
City
Tinley Park
Street
Fairfield Ln
Coordinates
41.52962, -87.82353

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8502 Fairfield Ln last sell?
8502 Fairfield Ln most recently sold on Jun 3, 2022 for $495,000.
What is the current tax assessment for 8502 Fairfield Ln?
The most recent total assessment for 8502 Fairfield Ln (year 2024) is $183,374 with $15,063 in property tax.
How does 8502 Fairfield Ln's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $495,000.
When was 8502 Fairfield Ln built?
8502 Fairfield Ln was built in 2008.
How does 8502 Fairfield Ln compare to others on Fairfield Ln?
We track 8 other properties on Fairfield Ln. Browse the list under "Other properties on Fairfield Ln" to compare beds, baths, and sale history.
What are the property facts for 8502 Fairfield Ln?
8502 Fairfield Ln is a 5 bed, 3 bath, 3,486 sqft, 13,939 sqft lot single_family.
Is 8502 Fairfield Ln a flip candidate?
No — 8502 Fairfield Ln does not appear in our flips dataset.
Is 8502 Fairfield Ln a tax-appeal candidate?
No — 8502 Fairfield Ln 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
0.0%
Implied 1-yr
0.0%
2026 Q2
$338.5K
2026 Q3
$338.5K
ZIP 60487 — Median Price History + Forecast

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