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Rehabilitated Four-Unit Quadplex
For Sale
Under Contract
$895,000

15230 El Cameno Terrace, Orland Park, IL 60462

Residential Income, Orland Park, IL

Property SizeContact for details
Days on Market34

Property Features for 15230 El Cameno Terrace

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 20
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 6, Bedroom 17, Bedroom 20, Bedroom 19, Bedroom 18, Bedroom 10, Bathroom 1, Bedroom 11, Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 13, Basement, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 9, Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 5, Bedroom 12, Bedroom 15, Bedroom 14, Bedroom 8, Bedroom 16
Parking 6
Basement Exterior Entry, Partially Finished, Partial
Elementary school district 135
Middle school district 135
High school district 230
Directions LAGRANGE RD TO 153RD WEST TO EL CAMENO TERRACE NORTH TO PROPERTY. NO SIGN ON PROPERTY
Subdivision Orland Park
Standard status Active Under Contract
APN 27162050320000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12042

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public

Building Details

Year built 1972
Building materials Brick
Listing Agency: Village Realty, Inc.
Listed By: Al Vallejo · License #471011352
Added: Aug 22 Changed: Sep 23 Last Checked: Sep 24 at 11:06AM
MLS# 12729604

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1972 brick quadplex is fully leased and includes four residential units with a varied layout. One unit offers 3 bedrooms, 2 full bathrooms, and a fully finished basement. A second unit also provides 3 bedrooms and 2 full bathrooms, while the remaining two units each contain 2 bedrooms and 1 bathroom. The property has undergone a full rehabilitation and features a new roof, new windows, baseboard heating, public water, and public sewer.

Residents have access to a large private parking lot on the cul-de-sac property. The building is located at 15230 El Cameno Terrace in Orland Park, near the Metra station, shopping, dining, and the Orland Park school district. The property also carries an 8.0 cap rate.

Key Highlights

  • Fully leased four‑unit building at 15230 El Cameno Terrace, Orland Park, IL 60462
  • Unit mix includes 1 three‑bedroom/two‑bath unit, 1 three‑bedroom/two‑bath unit, and 2 two‑bedroom/one‑bath units
  • Owner's unit includes 3 bedrooms, 2 full bathrooms, and a fully finished basement

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Storage Facility Garden Center HVAC Service Catering Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

4
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,883
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Fully leased quadplex with a finished basement, private parking, and recently replaced roof and windows.
Where is this quadplex located?
The property is located at 15230 El Cameno Terrace Orland Park, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Fully leased four‑unit building at 15230 El Cameno Terrace, Orland Park, IL 60462; Unit mix includes 1 three‑bedroom/two‑bath unit, 1 three‑bedroom/two‑bath unit, and 2 two‑bedroom/one‑bath units; Owner's unit includes 3 bedrooms, 2 full bathrooms, and a fully finished basement
More about this property
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