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$849,900 Just Listed
Property Description
Superb investment opportunity in the heart of Orland Park. Cap Rate of 6.7 and GRM of 10.3 Located on a quiet cul-de-sac, this fully leased four-unit building is an exceptional find for a savvy investor looking for immediate cash flow or an owner-occupant wanting to live rent-free while tenants pay the mortgage. The building features a massive owner's unit with 3 spacious bedrooms, 3 full bathrooms, and a fully finished basement-ideal for a primary residence or a premium rental. The other three 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 meticulously maintained with numerous updates throughout the years, keeping capital expenditures low for the next owner. A full list of these updates is uploaded in the additional information section of the MLS. The location couldn't be better for tenant retention. 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. LIVE, INVEST, ENJOY!
Full Property Details
Full Property Details for 9761 Ravinia Ln
General
- Price: $849,900
- HOA FEE: $400
- Taxes: $11,495 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12675736
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 6
- Upper - Full Baths: 6
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Carbon Monoxide Detectors
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 8
- Parking Features: Assigned, Off-Street, Yes, Owned
Location
- Area: Orland Park
- County: Cook
- Township: Orland
- Driving Directions: 143rd West of LaGrange to Ravinia S to Ravinia Lane West to building
School Information
- School District: 135
- Elem School District: 135
- Midd School District: 135
- High School District: 230
Heating & Cooling
- Heating Type: Natural Gas, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Model: 4 Unit Apartment
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1971
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Manufactured Home
- Model: 4 Unit Apartment
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.31
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 60 x 122 x 72 x 92 x 115
- Lot Features: Cul-De-Sac
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $400
- Insurance Fee: $4,293
- Parking Included: Yes
- Assessment Year: 1971
- Tax Amount: $11,495
- Tax Year: 2024
- Pays Electric: 560
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 27092130340000
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 9761 Ravinia Ln
School Districts:Consolidated High School District 230, Orland School District 135
| Name | Grades | Distance |
|---|---|---|
Orland Park Elementary School 9960 West 143rd Street, Orland Park, IL 60462 | K-2 | 0.3 mi |
High Point Elementary School 14825 West Avenue, Orland Park, IL 60462 | 3-5 | 0.6 mi |
Orland Jr High School 14855 West Avenue, Orland Park, IL 60462 | 6-8 | 0.7 mi |
Carl Sandburg High School 13300 LaGrange Road, Orland Park, IL 60462 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 9761 Ravinia Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,183
—
$48,001
—
2023
$11,183
-13%
$47,999
4%
2022
$12,789
3%
$46,111
—
2021
$12,377
3%
$46,111
—
2020
$11,977
11%
$46,111
8%
2019
$10,818
3%
$42,840
—
2018
$10,519
2%
$42,840
—
2017
$10,297
10%
$42,840
27%
2016
$9,380
1%
$33,615
—
2015
$9,290
2%
$33,615
—
2014
$9,152
-2%
$33,615
-8%
2013
$9,355
-10%
$36,500
-10%
2012
$10,353
—
$40,426
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 9761 Ravinia Ln
9761 Ravinia Lane, Orland Park, IL 60462 (MLS# 12675736) is a Multi-Family property with 4 units containing 9 bedrooms and 0 full bathrooms. 9761 Ravinia Lane is currently listed for $849,900 and was received on June 17, 2026. Want to learn more about 9761 Ravinia Lane? Do you have questions about finding other Multi-Family real estate for sale in Orland Park? You can browse all Orland Park real estate or contact a Coldwell Banker agent to request more information.
