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9761 Ravinia Lane Orland Park, IL 60462

$849,900
New / MLS# 12675736 / Multi Unit - Multiple / Orland Park
9 Beds
6 Baths

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!

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Baird & Warner Deb Kantor Broker Associate Agent Cell: 630.404.4435 Email

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Estimated Payment

$ 3,094.47 per month $1,888.67 Principal & Interest $957.92 Property Tax $247.89 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Heating: Natural Gas, Baseboard
Home Style: Traditional
Lot Size: 0.31 Acres
Roof Type: Asphalt
Taxes: $11,495
Year Built: 1971

Feature Descriptions

Additional Structures: Shed(s)
Exterior: Brick
Lot: Cul-De-Sac
Lot Dimensions: 60 x 122 x 72 x 92 x 115
Other Equipment: CO Detectors
Parcel#: 27092130340000
Parking: Assigned, Off Street, Yes, Owned
Sewer: Public Sewer
Total Rooms: 20
Township: Orland
Water: Lake Michigan

Schools

School District: District 230

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Coldwell Banker Real Estate Group

Listing Office Phone: 708-301-4700



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