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Pheasant Ridge Apartment 9200-9330 Hunter Dr 176 Unit Apartment Building For Sale Orland Hills, IL 60487

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INVESTMENT HIGHLIGHTS

  • Recently received a weatherization/energy efficiency grant which resulted in comprehensive updates and appliance upgrades
  • Plethora of in-unit and community amenities for all residents
  • Long-term affordability restrictions in place
  • Stabilized community with minimal turnover
  • Pool planned to be ready for Spring 2026 reopening with renovated decking, tiling, membrane, mechanicals, landscaping, etc.
  • Located approximately 25 miles from downtown Chicago; conveniently situated near major thoroughfares of 159th Street and La Grange Road (US-45)

EXECUTIVE SUMMARY

Pheasant Ridge / Hunter Apartments presents investors with a rare opportunity to acquire a proven, high-performing affordable housing asset in a strong suburban Chicago market

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type Investment
No. Units 176
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 9.18 AC
Building Size 215,697 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1980/2001
Parking Ratio 2.12/1,000 SF
Zoning COR, Orland Park

AMENITIES

UNIT AMENITIES

  • Balcony
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 60 $1,340 700 - 750
2+1 88 $1,491 830 - 1,000
3+2 28 $1,740 1,000 - 1,200

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 27-22-103-040-0000
  • 27-22-103-039-0000
Land Assessment
$268,525 (2024)
Improvements Assessment
$783,600 (2024)
Total Assessment
$1,052,125 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 38691667

  • Date on Market: 12/8/2025

  • Last Updated:

  • Address: 9200-9330 Hunter Dr, Orland Hills, IL 60487

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