15812 Orlan Brook DR, Orland Park, IL 60462
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15812 Orlan Brook DR, Orland Park, IL 60462
15812 Orlan Brook DR, Orland Park, IL 60462
15812 Orlan Brook DR, Orland Park, IL 60462
15812 Orlan Brook DR, Orland Park, IL 60462
Listed by Jeff Binkowskiof Century 21 Affiliated
Bought with John Campas of Dream Town Realty

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15812 Orlan Brook DR Orland Park, IL 60462


Key Details

Sold Price -

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11241089

Sold Date -

Year Built 1980

Annual Tax Amount $14,300

Tax Year 2020

Lot Dimensions 75X135

Property Sub-Type Multi Family 5+

Property Description

10/9 offer verbally accepted, paperwork pending. Beautiful, well maintained, 6 flat building with 4 car detached garage and 10 exterior parking spaces. Check the LOW taxes and HIGH net income compared to other buildings. Plus, some rents are low due to long term tenants so rental potential can be even higher! Amazing owners unit features 3 bedrooms, 2 full baths, remodeled kitchen with maple cabinets, stainless steel appliances, hardwood floors, walk in closet, formal dining, full private master bath and huge BASEMENT with laundry capabilities giving private laundry possible, strictly for the owners unit. There's also four-2 bedroom units and one-1 bedroom unit. 3 fireplaces for decor only. The 3 bedroom tenant has been there over 20 years so rent is very low. Building passed Orland Park building inspection April/May 2021. All 6 units have leases. Tremendous income present plus approximately $2,400/yr income from common laundry. Four caged storage areas in laundry room. HOA fees are $1,000 per year and includes cutting the common grass areas, snow removal and parking lot maintenance. Small area of grass for each owner to cut themselves or have your long term tenants cut it in exchange for small rent concession. Each apartment has 2 wall air conditioning units. Tenant pays their own electric, phone and cable. Owner pays gas, water, sewer, garbage removal. Hot water (healthy) heat. Water expenses include sewer and garbage removal. Nicely landscaped, beautifully kept building with long term tenants who take pride in how they keep their apartments. Fire extinguisher in each apartment plus 2 in the common hallway. Expenses are actual, not estimated so the net income of $50K+ is accurate. This building has potential $60K/yr NET income after expenses if rents were are current market amount. Blinds included, curtains & drapes excluded. 24-48 hour notice needed as listing agent has to meet you. Strong, Pre-Approval or proof of funds should be obtained before setting an appointment to show. NO owner financing.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Wall Sleeve

Fireplaces Number 3

Fireplace Y

Exterior

Utilities Available Sanitary Sewer, Water to Site

View Y/N true

Roof Type Composition,Fiberglass

Building

Foundation Concrete Perimeter

Others

HOA Fee Include Insurance,Lawn Care,Other

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Wade Marshall

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+1(773) 450-1247

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