Sold for $600,000

$600,000

16800 Oak Park, Tinley Park, IL 60477

3beds

2,845sqft

MultiFamily

Built in 1867

-- sqft lot

$605,900 Zestimate^®

$211/sqft

$2,338 Estimated rent

Home value

$605,900

$570,000 - $642,000

$2,338/mo

Zestimate^® history

Owner options

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$2,338/mo

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$2,338/mo

Rent Zestimate^®

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$9,265/mo

Est. payment

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$9,265/mo

Est. payment

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What's special

This is a multi-unit home that is home to Gigi's Playhouse Tinley Park. Leased for 10 years at $17.57/sq ft gm, Gigi's Playhouse is a Down Syndrome Achievement Center that started in Hoffman Estates and has grown into an international network of 24 locations. As both a former Board Member and the Commercial Real Estate Broker for this location, I was proud to work with the other Board Members, Mack Construction and the Village of Tinley Park in making this dream ideal location be the home for Gigi's Playhouse Tinley Park.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Forced air

Cooling

Central

Features

Basement: Partially finished
Has fireplace: No

Interior area

Total interior livable area: 2,845 sqft

Property

Parking

Parking features: Garage - Attached

Lot

Size: 0.41 Acres

Details

Parcel number: 2830107007

Construction

Type & style

Home type: MultiFamily

Materials

Frame
Roof: Shake / Shingle

Condition

Year built: 1867

Community & HOA

HOA

Has HOA: Yes
HOA fee: $5,000 monthly

Location

Region: Tinley Park

Financial & listing details

Price per square foot: $211/sqft
Tax assessed value: $260,000
Annual tax amount: $9,391

Price history

Date	Event	Price
8/22/2024	Sold	$600,000-7.7%$211/sqft
Source: Public Record Report a problem
6/20/2022	Listing removed	--
Source: MRED as distributed by MLS GRID #11379034 Report a problem
4/19/2022	Listed for sale	$650,000+1115%$228/sqft
Source: MRED as distributed by MLS GRID #11379034 Report a problem
2/3/2015	Sold	$53,500+970%$19/sqft
Source: Public Record Report a problem
11/4/2014	Sold	$5,000-96.4%$2/sqft
Source: Agent Provided Report a problem
7/7/2014	Sold	$138,500-58%$49/sqft
Source: Public Record Report a problem
2/15/2006	Sold	$330,000+65%$116/sqft
Source: Public Record Report a problem
10/10/2001	Sold	$200,000$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$9,391 +6.2%	$26,000
2023	$8,844 -10.6%	$26,000 -2.4%
2022	$9,894 +0.7%	$26,647
2021	$9,830 -0.2%	$26,647
2020	$9,850 -1%	$26,647 -1.5%
2019	$9,945 +1.1%	$27,048
2018	$9,839 -0.9%	$27,048
2017	$9,928 +21%	$27,048 +26%
2016	$8,206 +2.7%	$21,461
2015	$7,993 +0.8%	$21,461
2014	$7,928 +8.8%	$21,461 -0.9%
2013	$7,288 +2.6%	$21,658
2012	$7,105 +2.8%	$21,658
2011	$6,912 -29.7%	$21,658 -32.4%
2010	$9,832 +0.4%	$32,058
2009	$9,796 +6.6%	$32,058 -5%
2008	$9,186 +4%	$33,745 +2.8%
2007	$8,836 -67.1%	$32,840 -66.2%
2006	$26,891 +217.5%	$97,284 +204%
2004	$8,471	$31,998