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Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12680970MLS Provider

16242 Olcott AvenueTinley Park, IL 60477

Single Family · 3 Beds · 2 Full Baths · 1,128 Sq. ft. | 0.20 Acres
$332,900 Re-activated

16242 Olcott Avenue Overview

Time on Site:
10 days
Visits:
0

Welcome home to this beautifully updated property featuring an inviting interior designed for today's lifestyle. The tastefully painted main level is highlighted by luxury vinyl flooring throughout, creating a seamless flow from room to room. The bright and spacious living room offers recessed can lighting, while the adjoining dining area provides the perfect setting for everyday meals and entertaining. The remodeled eat-in kitchen is sure to impress with updated cabinetry, a stylish subway tile backsplash, recessed lighting, ample workspace, and direct access to the deck, making indoor and outdoor gatherings effortless. Three generously sized bedrooms and a beautifully remodeled full bathroom featuring a newer vanity, tile flooring, and a tiled tub surround complete the main level. The finished lower level expands the living space with a large family room accented by recessed lighting, a fun climbing wall, and a sliding glass door leading to the backyard. An additional office provides the perfect space for working from home, studying, or pursuing hobbies. The lower level also includes a full bathroom with a shower and a convenient laundry room. Major mechanical updates include a hot water heater replaced in 2017 and a new air conditioning system installed in 2025, providing added peace of mind. Step outside to enjoy the fully fenced backyard featuring a spacious deck, play set, and plenty of room for recreation, pets, and outdoor entertaining. Ideally located near Centennial Park, walking paths, ponds, vibrant Downtown Tinley Park, shopping, dining, and entertainment, this move-in ready home offers the perfect combination of updates, comfort, and convenience.

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16242 Olcott Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,128
  • Price/Sq.ft. $295
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 230
  • High School: Victor J Andrew High School

Building Information

  • New Construction: No
  • Year Built: 1971

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Tinley Park
  • Subdivision Name: Brementowne
  • Township: Orland

Community/Development

  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $7,499.89
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 27242110360000
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 2.5

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

General Information

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Cooling: Central Air
  • Door Features: Sliding Glass Door(s)
  • Electric: Circuit Breakers
  • Fireplaces Total: 0
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit,Sink
  • Living Area: 1128
  • Living Area Source: Assessor
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Rooms Total: 8
  • Window Features: Screens

Exterior

Parking Information

  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • Parking Total: 2.5

Lot Information

  • Additional Parcels: No
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Acres: 0.2041
  • Lot Size Dimensions: 71X122X71X122
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Bi-Level
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Room Information

Room: Family Room

  • Level: Lower
  • Dimensions: 11X15

Room: Laundry

  • Level: Lower
  • Dimensions: 8X7

Room: Office

  • Level: Lower
  • Dimensions: 11X7

Room: Bedroom 2

  • Level: Main
  • Dimensions: 13X9

Room: Bedroom 3

  • Level: Main
  • Dimensions: 11X10

Room: Dining Room

  • Level: Main
  • Dimensions: 9X12

Room: Foyer

  • Level: Main
  • Dimensions: 6X4

Room: Kitchen

  • Level: Main
  • Dimensions: 11X11

Room: Living Room

  • Level: Main
  • Dimensions: 13X16

Room: Master Bedroom

  • Level: Main
  • Dimensions: 11X12

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

16242 Olcott Avenue Neighborhood

Community

60477 (TINLEY PARK) Demographics

39
Median Age
2,885
Population Density (per sq. mile)
43%
College Educated
$73,959
Estimated Median Income
12,323
Estimated Total Home Owners
3,012
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16242 Olcott Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16242 Olcott Avenue Market Data

Based on the last 30 days in this zip code

$362,328
Average List Price
$209
Average Price per Square Foot
61
Properties Sold
44
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

16242 Olcott Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Re-activated
6/25/2026Source: MRED Status Change
Contingent
6/25/2026Source: MRED Status Change
Active
6/19/2026Source: MRED Added to Database
June 19, 2026
6/22/2022Source: MRED Status Change
Closed
6/20/2022Source: MRED Added to Database
April 21, 2022
6/1/2022Source: MRED Status Change
Pending
5/11/2022Source: MRED Status Change
Contingent
5/10/2022Source: MRED Status Change
Temporarily No Showings
5/3/2022Source: MRED Status Change
Contingent
5/2/2022Source: MRED Status Change
Active
4/29/2022Source: MRED Price Reduction
$294,900 -1.7%
4/29/2022Source: MRED Status Change
Price Change