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$849,900

Est. payment - /mo

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9 Beds

6 Baths

0.31 Acres Lot

New

9761 Ravinia LN Orland Park, IL 60462

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Gus Morquecho

mba@re-consultinggroup.com +1(219) 308-2266

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12675736

Style Traditional

Bedrooms 9

Maintenance Fees $400

Year Built 1971

Annual Tax Amount $11,495

Tax Year 2024

Lot Size 0.310 Acres

Lot Dimensions 60 x 122 x 72 x 92 x 115

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Cook

Area Orland Park

Zoning MULTI

Body of Water 4 Unit Apartment

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Baseboard

Equipment CO Detectors

Fireplace N

Exterior

Exterior Feature Balcony

Roof Type Asphalt

Building

Lot Description Cul-De-Sac

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 135 , 135, 230

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Greg Mucha of Coldwell Banker Real Estate Group

Nearby Locations

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Gus Morquecho

Broker Associate | License ID: RB140551680

+1(219) 308-2266