ON MARKET – MULTI-FAMILY
10600-10618 Alice Mae Court Orland Park, IL 60462
PRICE
$5,990,000
NUMBER OF UNITS
16
CAP RATE
5.09%
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 10600-10618 Alice Mae Court, a 16-unit townhome complex in Orland Park, IL. The property consists of twelve (12) three bedroom three and a half bathroom units and four (4) four bedroom three and a half bathroom units. Each spacious unit contains high-end finishes, in-unit laundry, and a private balcony. Furthermore, each unit has an attached two-car garage for a total of thirty-two heated garage parking spaces.

Additionally, this location provides residents with easy access to restaurants, entertainment, grocery, and fitness options available in downtown Orland Park. 10600-10618 Alice Mae Ct. is conveniently located just 0.6 miles from Orland Park 153rd Street Metra Station, making the commute to downtown Chicago easily accessible. Furthermore, the property is situated within an 8-minute drive to downtown Orland Park.

Due to the property’s ideal location and unique attributes, this is an excellent opportunity for a purchaser to acquire a rarely available brand new construction asset in the affluent suburb of Orland Park, IL.

LOCATION DETAILS

Orland Park, Illinois, a desirable suburb of Chicago, is located 26 miles southwest of Chicago’s Central Business District. Bordered by Bolingbrook to the west, Palos Park to the north, Oak Lawn to the east, and Tinley Park to the south. Chicago’s Central Business District is easily accessible via the Southwest Services Metra Line at Orland Park 143rd Station and Orland Park 153rd Station.

Ranked as one of the best suburbs to live in by Chicago Magazine, Orland Park, has bustling restaurants, transportation systems, beautiful parks, and a robust downtown area. Orland Park has a diverse population that includes young professionals and community-minded families and features an abundance of shopping centers, cultural institutions, and outdoor activities. Due to recent economic development initiatives, the city has experienced significant quality developments. The “Triangle” is the most recent development to date, which features a pedestrian-friendly, urban-inspired district with residential, commercial, office, and entertainment uses.

HIGHLIGHTS
  • High Cash-Flow, Low Maintenance Investment Opportunity
  • 16 New Construction Luxury Townhomes
  • Affluent Suburb of Orland Park
  • Directly Next to Orland Park 153rd Street Metra Station
  • High-End Finishes, Spacious Tri-Level Townhome Layouts, In-Unit Laundry, and More
  • 32 Heated Garage Parking Spaces
  • 8 Minutes From Downtown Orland Park
LISTING BROKERS
Matt Feo
Director
224.305.4102
Anthony Citriglia
Director
773.305.4844