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About This Home
This 9-bedroom, 6-bathroom residential multi family at 9761 Ravinia Lane in Orland Park, IL is listed for $849,900. Built in 1971, on a 0.31 acres lot.
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!
Key Features
- Built in 1971
- 0.31 acre lot
- 8 parking spaces
Property Details
Monthly Cost Estimate
$4,545/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9761 Ravinia Lane
Orland Park, IL 60462
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Questions & Answers
This 9-bedroom, 6-bathroom residential multi family at 9761 Ravinia Lane is listed at $849,900. The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1971, 0.31 acre lot, 8 parking spaces. Exterior Features: Balcony.
This property is listed by Greg Mucha and can be reached at (815) 553-2411 or greg@gregmucha.com.