15230 El Cameno Terrace
Orland Park, IL 60462
$920,000
***MULTIPLE OFFERS-HIGHEST & BEST BY 12 NOON TODAY, FRIDAY, AUGUST 28TH***Investment opportunity in the heart of Orland Park. Cap Rate of 8.0 Located on a quiet cul-de-sac, this fully leased four-unit building is a profitable investment for immediate cash flow. Contains owner's unit with 3 spacious bedrooms, 2 full bathrooms, and a fully finished basement-ideal for a primary residence or a premium rental. Another unit is a 3 bedroom and 2 full bathrooms. 2 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 FULLY REHABBED. Also has new roof and new windows. 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.
| Listing Id: | 12729604 |
|---|---|
| List Price: | $895,000 |
| Close Price: | $920,000 |
| Close Date: | 2026-09-29 |
| Property Type: | Residential Income |
| Property Type: | Two to Four Units |
| Status: | Closed |
| Bedrooms Total: | 20 |
| Bathrooms Full: | 6 |
| Parking On Site: | Yes |
| Tax Annual Amount: | $12,042 |
| City: | Orland Park |
| County Or Parish: | Cook |
| Postal Code: | 60462 |
| Year Built: | 1972 |
| Basement: | true |
| Basement: | Partially Finished, Exterior Entry, Partial |
| Bathrooms Total Integer: | 6 |
| Bedrooms Possible: | 20 |
| Community Features: | Park, Sidewalks, Street Lights, Street Paved |
| Construction Materials: | Brick |
| Directions: | LAGRANGE RD TO 153RD WEST TO EL CAMENO TERRACE NORTH TO PROPERTY. NO SIGN ON PROPERTY |
| Electric Expense: | $360 |
| Elementary School District: | 135 |
| Heating: | Baseboard |
| High School District: | 230 |
| Insurance Expense: | $2,880 |
| Listing Contract Date: | 2026-08-28 |
| Lot Size Dimensions: | 67x35x68x35 |
| Middle Or Junior School District: | 135 |
| MLS Area Major: | Orland Park |
| Age: | 51-60 Years |
| Agent Owned/Interest (Y/N): | No |
| Built Before 1978 (Y/N): | Yes |
| Basement Bathrooms (Y/N): | No |
| 3 Br Un In Bldg (Y/N): | Yes |
| Corporate Limits: | Orland Park |
| Electric Expense Source: | Owner Projection |
| Finance Code: | Conventional |
| # Full Baths In Building: | 6 |
| Other Expenses $: | 3480 |
| # Half Baths In Building: | 0 |
| General Information: | School Bus Service |
| Insurance Expense Source: | Owner Projection |
| Lot Size: | Less Than .25 Acre |
| Market Code: | Off-Market |
| Other Addl Income: | Coin Laundry |
| Other Expense Source: | Owner Projection |
| Rebuilt (Y/N): | No |
| Rehab Year: | 2026 |
| Rehab (Y/N): | Yes |
| Total Rental Income $: | 93, 600 |
| Special Assessments: | U |
| Short Sale: | Not Applicable |
| Special Service Area: | N |
| Type Multi: | 4 Flat |
| Tax Exemptions: | None |
| Update Date: | 2026-09-29T13:07:51 |
| Water Expense Source: | Owner Projection |
| Net Operating Income: | $69,720 |
| Original List Price: | $895,000 |
| Ownership: | Fee Simple w/ HO Assn. |
| Parcel Number: | 27162050320000 |
| Parking Features: | Yes |
| Parking Total: | 6 |
| Possession: | Closing |
| Rooms Total: | 22 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | List Broker Must Accompany |
| State Or Province: | IL |
| Tax Year: | 2025 |
| Township: | Orland |
| Water Sewer Expense: | $3,960 |
| Water Source: | Public |
| Actual Status: | Closed |
| Broker Notices: | Multiple offers received, Highest and best called for |
| Total # Units In Building: | 4 |
| Total # Units In Building: | 4 |
Listing Courtesy of: Village Realty, Inc.
Listing Agent: Al Vallejo
708-220-2383
Buyer Represented by: RE/MAX 10 in the Park
Selling Agent: Maria Homenda
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Information deemed reliable but not guaranteed.
Midwest Real Estate Data LLC data last updated on October 08, 2026 04:22 PM - CT
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Property Last Updated: October 08, 2026 04:22 PM - CT
