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7250 W 157th St 27 Unit Apartment Building For Sale Orland Park, IL 60462
Investment Highlights
- All units are 1480 SF 2 Bedroom/2 Full Bath
- 27 Garages & 31 Surface Parking Spaces
- Current Rents are 15%-20% Below Market Value
- Tenant Heated
- Average HH Income $125,919 - 3 Mile Radius
- Property is in Excellent Condition
Executive Summary
27 Condominium quality multifamily units, all measuring 1480 SF. Each unit features: 2 bedrooms, 2 full bathroom, walk in closets, in unit washer and dryer, tenant paid central HVAC, large patio/balcony and fully equipped kitchen with granite countertops.
Property Facts
| Sale Type | Investment | Lot Size | 2.32 AC |
| No. Units | 27 | Building Size | 44,400 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2012 |
| Building Class | B | Parking Ratio | 1.31/1,000 SF |
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.32 AC |
| Building Size | 44,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2012 |
| Parking Ratio | 1.31/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Freezer
- Patio
- Smoke Free
- Large Bedrooms
Site Amenities
- Controlled Access
- Smoke Free
- Storage Space
- Pond
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 27 | $2,222 | 1,480 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 27-13-401-043-0000 | Improvements Assessment | $216,382 |
| Land Assessment | $121,337 | Total Assessment | $337,719 |
Property Taxes
Parcel Number
27-13-401-043-0000
Land Assessment
$121,337
Improvements Assessment
$216,382
Total Assessment
$337,719
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7250 W 157th St
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