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27-Unit Apartment Building
For Sale
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7250 W 157th St, Orland Park, IL 60462

Two-bedroom units offer private laundry, balconies or patios, and separate storage.

Property SizeContact for details
Days on Market143

Property Features for 7250 W 157th St

General Information

Standard status Active
Total Parking Spaces 58
Property subtype Multifamily

Units

Unit Mix 27 x 2BR/2BA
Multifamily Units 27
Listing Agency: Prime Equities Corp
Listed By: Tara Mathew · License #IL 471.010016
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime Equities Corp

Investment Insights

Based on property information with market context.

This 27-unit apartment property offers approximately 1,480 square feet per residence, with two bedrooms and two full bathrooms. Individual units include central HVAC, in-unit laundry, an oversized balcony or patio, and dedicated storage located across the hall. Primary suites include walk-in closets, private bathrooms with walk-in showers, and whirlpool hot tubs. Kitchens feature stainless steel appliances, built-in microwaves, dishwashers, granite countertops, and generous dining areas. Third-floor residences add vaulted living room and kitchen ceilings along with tray ceilings in the bedrooms.

Half of the units have pond views. The property also includes 27 detached garages and 31 surface parking spaces. The address is 7250 W 157th St in Orland Park, Illinois.

Key Highlights

  • 27 units, each approximately 1480 SF with two bedrooms and two full bathrooms
  • 27 detached garages and 31 surface parking spaces
  • In‑unit laundry, central HVAC, oversized balcony or patio, and separate storage for every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods Acupuncture Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27
Residential units

Location Intelligence

Trade Area within ½ mile

1,096
Businesses Nearby

Demographics for 60462, IL

40,539
Population
17,335
Households
2.3
Avg Household Size
45
Median Age
45%
College-Educated
94%
High-School Grad
16.0 sq mi
ZIP Area
2,534
Density / Sq Mi
$96,747
Median Household Income
$52,902
Median Earnings
$1,393
Median Rent
$330,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-bedroom units offer private laundry, balconies or patios, and separate storage.
Where is this apartment building located?
The property is located at 7250 W 157th St Orland Park, IL.
What are key features of this property?
This property features: 27 units, each approximately 1480 SF with two bedrooms and two full bathrooms; 27 detached garages and 31 surface parking spaces; In‑unit laundry, central HVAC, oversized balcony or patio, and separate storage for every unit
More about this property
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