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$332,900

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,128 Sq. Ft.
  • 2.5 Car Garage
  • Updated 15 hours ago
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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.

Full Property Details for 16242 Olcott Ave

General

  • Price: $332,900
  • Taxes: $7,499 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12680970
  • Updated: 7/2/2026
  • Added to Site: 13 day(s) ago

Rental Information

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

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Equipment: Cable TV, Ceiling Fan(s)
  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2.5
  • Total Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Tinley Park
  • County: Cook
  • Township: Orland
  • Subdivision: Brementowne
  • Driving Directions: Take S Harlem Ave North, West on 167th St, North on 76th Ave, East on 163rd Street, Lovely Home on Corner of Olcott Ave to Home.

School Information

  • School District: 146
  • Elem School District: 146
  • Midd School District: 146
  • High School District: 230
  • High School: Victor J Andrew High School
  • Private School: Victor J Andrew High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Architectural Info: Bi-Level
  • Architectural Style: Bi-Level
  • Model: Raised Ranch
  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Windows: Screens
  • Doors: Sliding Glass Door(s)
  • Square Feet: 1,128
  • Sq. Ft. Source: Assessor
  • Year Built: 1971
  • Built Before 1978: Yes

Manufactured Home

  • Model: Raised Ranch

Lot Features

  • Lot Size (Acres): 0.2041
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 71 x 122 x 71 x 122
  • Fence: Yes
  • Lot Features: Corner Lot, Landscaped
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1971
  • Tax Amount: $7,499.89
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 27242110360000

Listed by @properties Christie's International Real Estate

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— 16242 Olcott Ave —

  • @properties Christie's International Real Estate

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Schools serving 16242 Olcott Ave

School Districts:Community Consolidated School District 146, Consolidated High School District 230
NameGradesDistance
Arnold W Kruse Ed Center
7617 Hemlock Drive, Orland Park, IL 60462
K-51.1 mi
Central Middle School, Tinley Park, IL
18146 Oak Park Avenue, Tinley Park, IL 60477
6-82.4 mi
Victor J Andrew High School
9001 171st Street, Orland Hills, IL 60487
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16242 Olcott Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$332,900
9.15%
MLS
6/01/2022
Sold
$305,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16242 Olcott Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,294
21%
$28,000
39%
2022
$6,035
2%
$20,089
—
2021
$5,938
-2%
$20,089
—
2020
$6,029
19%
$20,089
13%
2019
$5,072
2%
$17,760
—
2018
$4,969
-19%
$17,760
-18%
2017
$6,166
12%
$21,611
20%
2016
$5,503
2%
$17,989
—
2015
$5,385
1%
$17,989
—
2014
$5,347
1%
$17,989
-6%
2013
$5,300
2%
$19,191
—
2012
$5,196
—
$19,191
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by @properties Christie's International Real Estate

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16242 Olcott Avenue, Tinley Park, IL 60477 (MLS# 12680970) is a Single Family property with 3 bedrooms and 2 full bathrooms. 16242 Olcott Avenue is currently listed for $332,900 and was received on June 19, 2026. Want to learn more about 16242 Olcott Avenue? Do you have questions about finding other Single Family real estate for sale in Tinley Park? You can browse all Tinley Park real estate or contact a Coldwell Banker agent to request more information.

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