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$305,000
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Property Description
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
Full Property Details for 16242 Olcott Ave
General
- Sold For: $305,000
- Taxes: $7,499 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12733866
- Added to Site: 48 day(s) ago
Interior
- 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
- 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
- Midd School District: 146
- 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
- Water: Lake Michigan, Public
Structural Information
- Architectural Style: Bi-Level
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 27242110360000
Listed by @properties Christie�s International Real Estate
Sold by Smart Home Realty
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Schools
Schools serving 16242 Olcott Ave
| Name | Grades | Distance |
|---|---|---|
Arnold W Kruse Ed Center 7617 Hemlock Drive, Orland Park, IL 60462 | K-5 | 1.1 mi |
Central Middle School, Tinley Park, IL 18146 Oak Park Avenue, Tinley Park, IL 60477 | 6-8 | 2.5 mi |
Victor J Andrew High School 9001 171st Street, Orland Hills, IL 60487 | 9-12 | 2.4 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
Date
Details
Price
Change
Source
9/28/2026
Sold
$305,000
1.7%
MLS
8/14/2026
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16242 Olcott Avenue, Tinley Park, IL 60477 (MLS# 12733866) is a Single Family property that was sold at $305,000 on September 28, 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.

