Listing provided courtesy of Better Homes & Gardens Real EstateMREDMLS# 12574637MLS Provider
  • 127 days on site
  • 0 views

Live in one space and rent the other-or maximize both. Opportunity, flexibility, and land-all in one. Welcome to this beautifully updated 4-bedroom, 3-bath ranch offering over 2,000 square feet of finished living space on a rare 1.2-acre lot in Tinley Park-a property that delivers exceptional flexibility and serious income potential. The standout feature? A fully equipped, private living space above the oversized garage with its own entrance, full kitchen, and full bath-perfect for rental income, short-term stays, related living, or a home-based business setup. Inside the main home, you'll find a fully renovated interior with vaulted ceilings, abundant natural light, and designer-updated bathrooms. The spacious layout flows seamlessly into the outdoor entertaining area, complete with a heated deck and wet bar-ideal for hosting year-round. Set on an expansive 1.2-acre lot, the property offers rare land value and versatility. Multiple stalls, a pavilion, and wide-open space provide room for recreational vehicles, equipment, hobbies, or potential commercial use. Properties with this much land and built-in income potential are hard to find.

Source: MRED, MLS#: 12574637

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  • Property Type
    Residential
  • Lot
    1.20 acres

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Owning this Home

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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.

Life at 16938 Cicero Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/12/2026Source: MRED Status Change
Active
4/7/2026Source: MRED Price Reduction
$529,900 -1.9%
4/7/2026Source: MRED Status Change
Price Change
2/27/2026Source: MRED Status Change
Active
2/22/2026Source: MRED Added to Database
February 22, 2026