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Multifamily

7250 W 157th St

7250 W 157th St, Orland Park, IL 60462

Listing Price: $8,100,000

Cap Rate
4.80%
Number of Units
27
GRM
12.78
Price/Unit
$300,000
Price/Gross SF
$213.44
Gross SF
37,950

Investment Overview

Marcus & Millichap is pleased to present this 27-unit apartment property, built in 2007, located at 7250 West 157th in Orland Park, Illinois.

The building is comprised of 27 two-bedroom / two-bathroom units, measuring 1,400 and 1,450 square feet. The property features flexicore construction, in-unit washer and dryer, walk-in closets, security systems, a balcony or patio for each unit, designated tenant storage, garage parking and outdoor parking. The kitchens feature stainless steel appliances and granite counter tops.

This investment offers an investor the opportunity to acquire a well-maintained asset with significant upside in rent.

Investment Highlights

  • All Large Two-Bedroom / Two-Bathroom Units
  • Flexicore Construction
  • In-Unit Washer and Dryer, Walk-In Closets, Security System, Balcony or Patio for Each Unit, Designated Tenant Storage, Garage and Outdoor Parking
  • Kitchens Feature Stainless Steel Appliances and Granite Counter Tops
  • Easy Access to Route 45, Route 6 and Route 43
  • Five and One-Half Miles to Orland Park Metra Station and Walking Distance to PACE Bus Stop
  • Close Proximity to Retail Options including Aldi, Meijer, Amazon Fresh, Sam's Club, Menards and Home Depot and Nearby Dining Options include Cooper's Hawk, Outback Steakhouse, Dunkin', Starbucks, Panda Express and Chili's
  • Near Arnold W. Kruse Elementary School and Surrounded by Recreational Parks, including Forest Preserves of Cook County

Exclusively Listed By

Multifamily

7250 W 157th St

Listing Price: $8,100,000

Cap Rate
4.80%
Number of Units
27
GRM
12.78
Price/Unit
$300,000
Price/Gross SF
$213.44
Gross SF
37,950

Investment Highlights

  • All Large Two-Bedroom / Two-Bathroom Units
  • Flexicore Construction
  • In-Unit Washer and Dryer, Walk-In Closets, Security System, Balcony or Patio for Each Unit, Designated Tenant Storage, Garage and Outdoor Parking
  • Kitchens Feature Stainless Steel Appliances and Granite Counter Tops
  • Easy Access to Route 45, Route 6 and Route 43
  • Five and One-Half Miles to Orland Park Metra Station and Walking Distance to PACE Bus Stop
  • Close Proximity to Retail Options including Aldi, Meijer, Amazon Fresh, Sam's Club, Menards and Home Depot and Nearby Dining Options include Cooper's Hawk, Outback Steakhouse, Dunkin', Starbucks, Panda Express and Chili's
  • Near Arnold W. Kruse Elementary School and Surrounded by Recreational Parks, including Forest Preserves of Cook County

Investment Overview

Marcus & Millichap is pleased to present this 27-unit apartment property, built in 2007, located at 7250 West 157th in Orland Park, Illinois. The building is comprised of 27 two-bedroom / two-bathroom units, measuring 1,400 and 1,450 square feet. The property features flexicore construction, in-unit washer and dryer, walk-in closets, security systems, a balcony or patio for each unit, designated tenant storage, garage parking and outdoor parking. The kitchens feature stainless steel appliances and granite counter tops. This investment offers an investor the opportunity to acquire a well-maintained asset with significant upside in rent.

Exclusively Listed By

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