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    7101 W 166Th St, Unit 1C Tinley Park, IL 60477

    For Sale
    $109,000

    One-bedroom condo with balcony, suitable for investment or owner-occupancy.

    Property size:
    705 SF

    Property Features for 7101 W 166Th St

    General Information

    Size
    705 SF

    Building Details

    Year built
    1974

    Source: Keller Williams Preferred Realty Agent Michelle Ward

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    First Floor Condo with Balcony

    This first-floor, one-bedroom condo features a balcony with western exposure. The unit is located next to the laundry room and includes a furnace and dedicated central AC. The refrigerator is functional, but the ice maker and water dispenser are offered as-is. This property presents a potential investment opportunity, as rentals are permitted. Pets are allowed, subject to weight and count restrictions. The property size is 705 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tinley Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7906163
    Latitude
    41.5892485

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    FAQs

    What type of property is this?
    Single family property - One-bedroom condo with balcony, suitable for investment or owner-occupancy.
    Where is this single family property located?
    The property is located at 7101 W 166Th St, Unit 1C Tinley Park, IL.
    What is the asking price?
    The asking price for this property is $109,000.
    What are key features of this property?
    This property features: - First-floor unit: Offers convenience and accessibility.; - Rental potential: Presents a great investment opportunity.; - Pets allowed: Welcomes pet owners (subject to limitations).
    Request Owner's contact information
    7101 W 166Th St, Unit 1C Tinley Park, IL 60477
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7101 W 166Th St, Unit 1C Tinley Park, IL 60477
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