16610 76th AVE new Save Request In-Person Tour Request Virtual Tour
Tinley Park,IL 60477
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $199
MLS Listing ID 12494513
Style Step Ranch
Bedrooms 5
Full Baths 3
Year Built 1977
Annual Tax Amount $6,214
Tax Year 2023
Lot Size 9,191 Sqft
Property Sub-Type Detached Single
Property Description
LOCATION, LOCATION, LOCATION! This property delivers the ultimate investment trifecta: prime location, strong bones, and value-add potential. Situated just steps from Centennial Park and Hilbert Siemsen Meadow Nature Preserve with restaurants and shopping within walking distance, this home sits in a high-demand neighborhood where location alone commands premium rental rates and strong resale values. The numbers work from multiple angles. This 5 bedroom, 3 full bathroom home offers great rental income potential or an excellent fix-and-flip opportunity. The spacious layout includes a 2-car attached garage, an outdoor entertaining space above the garage with railing, and above-ground pool as a seasonal amenity. The property is in good overall condition with cosmetic updates needed, presenting a clearly defined scope of work that allows investors to control renovation costs and maximize ROI. Perfect for rehabbers seeking a cosmetic project with fast market turn, buy-and-hold investors looking for immediate rental income with appreciation upside, or portfolio builders wanting a stable neighborhood with proven fundamentals. First-time rehabbers will appreciate the manageable scope and reduced risk profile while seasoned investors will recognize the multiple exit strategies this property offers. Given the unbeatable location near parks, nature preserves, dining and shopping combined with the value-add opportunity, this property will move quickly in the current market. Serious investors should act immediately. Property sold strictly AS-IS. Cash, conventional or renovation financing preferred. Bring your offers today and don't let this one slip by!
Location
State IL
County Cook
Area Tinley Park
Interior
Heating Natural Gas
Cooling Central Air
Flooring Hardwood
Laundry In Unit
Exterior
Garage Spaces 2.0
Community Features Park,Curbs,Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Lot Description Corner Lot
Dwelling Type Detached Single
Building Description Brick,Wood Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Wood Siding
New Construction false
Schools
School District 140 ,140, 230
Others
Special Listing Condition None