Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6416 175th St Tinley Park, IL 60477-4070

    • Residential income homes
    • 1,820 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $515,000
    Last Sale
    Nov 21, 2023
    $500,000
    Location Intelligence
    Property ID
    US28-1482632
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 6416 175th St

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    1,820 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    28-30-423-042
    APU
    2830423042

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $440,000
      6.5%
      $410,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $395,000
      Mixed-Use
      $455,000
      Hospitality
      $445,000
      Educational
      $460,000
      Residential Income
      $405,000
      Energy
      $435,000
      Income-Based Land
      $480,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Tinley Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7752
    Latitude
    41.5736
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,639
    $2,500
    $17,781
    $20,281
    -
    $25,000
    $177,810
    $202,810

    Comparable in this City

    • Value Estimation by Request
      4,256 SF

      7156 166th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,256 SF
      7156 166th St, Tinley Park, IL 60477-2562
      View Details
    • Value Estimation by Request
      2,474 SF

      6842 179th Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,474 SF
      6842 179th Pl, Tinley Park, IL 60477-4298
      View Details
    • Value Estimation by Request
      2,474 SF

      6800 179th Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,474 SF
      6800 179th Pl, Tinley Park, IL 60477-4280
      View Details
    • Value Estimation by Request
      2,474 SF

      6818 179th Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,474 SF
      6818 179th Pl, Tinley Park, IL 60477-4285
      View Details
    • Value Estimation by Request
      2,474 SF

      6825 179th Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,474 SF
      6825 179th Pl, Tinley Park, IL 60477-4310
      View Details
    • Value Estimation by Request
      2,474 SF

      6824 179th Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,474 SF
      6824 179th Pl, Tinley Park, IL 60477-4287
      View Details

    Similar Nearby for Sale

    • $229,900
      1,100 SF

      First Floor Condo with Garage

      Two-bedroom condo with garage, in-unit laundry, and updated features.
      17960 Royal Oak Ct, Tinley Park, IL 60477
      View Details
    • $274,900

      Spacious Condo with Sunset Views

      2 bed, 2 bath condo near shopping, restaurants, and transit.
      7928 Trinity Cir, Tinley Park, IL 60477
      View Details
    • $179,900

      Comfortable Condo Near Amenities

      Well-maintained 2-bedroom condo with convenient access to local amenities.
      6015 Lakeside Pl, Tinley Park, IL 60477
      View Details
    • $264,000

      Updated Condo in 55+ Building

      Move-in ready, updated 2-bedroom, 2-bath condo in Tinley Park.
      6320 Pine Ridge Dr, Tinley Park, IL 60477
      View Details
    • Contact for pricing

      Redevelopment Site in Tinley Park

      Office condo deconversion to multi-family or mixed-use redevelopment site.
      17704 Oak Park Ave, Tinley Park, IL 60477
      View Details
    • $325,000
      1,800 SF

      Well-Maintained Townhome Near Downtown

      Two-story townhome with open floor plan, close to downtown.
      6840 179Th St, Tinley Park, IL 60477
      View Details

    Similar Nearby for Lease

    • $1,650 /Mo

      Spacious Top Floor Apartment

      Large 2-bedroom apartment with recent updates and great location.
      17544 71St Ave, Tinley Park, IL 60477
      View Details
    • $1,800 /Mo

      Clean Condo in Quiet Neighborhood

      Two-bedroom condo with garage in a convenient, quiet location.
      7766 159Th Pl, Tinley Park, IL 60477
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space Near Convention Center

      Retail property near Tinley Park Convention Center and First Midwest Bank.
      7132-7164 183Rd St, Tinley Park, IL 60477
      View Details
    • $10 SF/Yr
      5,858 SF

      Tinley Park Medical/Office Space

      Efficient medical and office space near I-80 and amenities.
      18425 W Creek Dr, Tinley Park, IL 60477
      View Details
    • $14 SF/Yr
      1,400 SF

      Retail Space in Tinley Park

      Retail spaces available in busy Tinley Park shopping center.
      9510-9536 W 179Th St, Tinley Park, IL 60477
      View Details
    • $22 SF/Yr
      1,213 SF

      Tinley Park Office Space Available

      Move-in ready office space in a busy strip center.
      9410 179Th St, Tinley Park, IL 60477
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6416 175th St
    Tinley Park, IL 60477-4070
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.