$ 849,900
-
$849,900
Price -
9
Bed -
6
Bath -
0
SqFt
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About the Listing 60219 - 216474,268886
Superb investment opportunity in the heart of Orland Park. Cap Rate of 6.7 and GRM of 10.3 Located on a quiet cul-de-sac, this fully leased four-unit building is an exceptional find for a savvy investor looking for immediate cash flow or an owner-occupant wanting to live rent-free while tenants pay the mortgage. The building features a massive owner's unit with 3 spacious bedrooms, 3 full bathrooms, and a fully finished basement-ideal for a primary residence or a premium rental. The other three units, feature 2-bedroom, 1-bathroom layouts. Tenants will love the convenience of the large private parking lot with ample space for residents and guests. The property has been meticulously maintained with numerous updates throughout the years, keeping capital expenditures low for the next owner. A full list of these updates is uploaded in the additional information section of the MLS. The location couldn't be better for tenant retention. It is just minutes from the Metra station for an easy commute, close to Orland Park's best shopping and dining, and situated in the highly desirable, top-rated Orland Park school district. This is a rare, turnkey building in a premium South Suburb market that checks every single box for portfolio growth. Schedule your walkthrough today before it's gone. LIVE, INVEST, ENJOY!
Listing Highlights
Status
Pending
Days on Site
29
Property Type
Multi-Family
MLS ®
12675736
Year Built
1971
Total Square Footage
0
Lot/Acreage
0.31
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances: CO Detectors
- Air Cond:
- Heating: Natural Gas,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Lot Description: Cul-De-Sac
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 60 x 122 x 72 x 92 x 115
- Zoning: MULTI
- Roof: Asphalt
- Others: Balcony
- Sewer: Public Sewer
- Parking Features: Assigned,Off Street,Yes,Owned
Financial Details
- Tax Amount: $11,495
- Taxes w/Assessments: N/A
- Tax/Property ID: 27092130340000
- Tax Year: 2024
Payment Calculator
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Questions About..
9761 Ravinia Ln Orland Park, IL 60462
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