Cambridge Place, Tinley Park, IL
Cambridge Place — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Cambridge Place, Tinley Park, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Cambridge Place Neighborhood Overview
Cambridge Place is a residential neighborhood located in Tinley Park, Illinois, within the 60477 ZIP code. Situated at approximate coordinates 41.5825, -87.8050, it offers a suburban living experience within a well-established community. The area is known for its family-friendly atmosphere and convenient access to local amenities.
Lifestyle & Amenities
Residents of Cambridge Place enjoy a quiet, neighborhood-centric lifestyle with easy access to Tinley Park's broader offerings. The village provides numerous parks, shopping centers, and dining options along Oak Park Avenue and 159th Street. Community events throughout the year foster a strong local connection among neighbors.
Real Estate Market
The real estate market in Cambridge Place features primarily single-family homes. According to Census data, the median home value is $247,000, while current market metrics show an asking price per square foot of approximately $147. This indicates a stable and accessible housing market for the south suburban Chicago area.
Schools & Education
Families in Cambridge Place are served by the highly regarded Kirby School District 140 and Consolidated High School District 230. These districts operate several elementary and middle schools in the area, along with Andrew High School. The community places a strong emphasis on quality public education.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major roads like Interstate 80 and Harlem Avenue. Public transportation options include Metra's Rock Island District line, with stations in Tinley Park offering a direct commute to Chicago's LaSalle Street Station. This makes Cambridge Place a viable option for commuters.
Why Choose Cambridge Place
Cambridge Place is an ideal choice for those seeking an affordable, family-oriented suburb with a strong sense of community. With a median household income of $90,712, the area offers financial stability and access to top-tier schools. Its combination of quiet streets, convenient amenities, and transportation links makes it a balanced and desirable place to live.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Cambridge Place Market Data
| Metric | Value |
|---|---|
| Median Home Price | $247K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $91K |
| Homeownership Rate | 82.6% |
| Renter-Occupied | 17.4% |
| Rental Vacancy Rate | 6.8% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60477 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Cambridge Place, Tinley Park
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Cambridge Place, Tinley Park, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14