End-Unit Residential Income
18040 Delaware Court Unit 104, Orland Park, IL 60467
For Sale
$359,900
Pending
A two-bedroom, two-bath layout includes a full basement and attached garage.
Property Size1,690 SF
Days on Market26
Property Features for 18040 Delaware Court Unit 104
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fireplace
walkout patio
hardwood floors
stainless steel appliances
attached garage
full basement
Building Details
Building Size
Year Built
Listing Agency:
Cucci Realty
(708) 505-7088
Listed By:
Chasty Chapas · License #475173784
(219) 713-2231
Source:
Purveyproperties
Added: Oct 15
Changed: Nov 5
Last Checked: Nov 8 at 9:51AM
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 Cucci Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,690-square-foot end-unit townhome was built in 1990 and offers two bedrooms and two bathrooms. The kitchen has stainless steel appliances, extensive cabinetry, and ample counter space. Hardwood flooring runs throughout, and the living and dining areas connect with a family room featuring a brick fireplace and patio access. A full basement, attached garage, and corner-lot setting round out the property.
Recent improvements include a roof replaced 1 year ago, furnace and air conditioning replaced 2 years ago, and windows replaced within the past eight years. The refrigerator is new. The home backs onto walking trails, with parks nearby.
Recent improvements include a roof replaced 1 year ago, furnace and air conditioning replaced 2 years ago, and windows replaced within the past eight years. The refrigerator is new. The home backs onto walking trails, with parks nearby.
Key Highlights
- 1,690‑square‑foot end‑unit townhome with 2 bedrooms and 2 bathrooms
- Full basement, attached garage, and corner‑lot location
- Kitchen with stainless steel appliances, extensive cabinetry, and ample counter space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,605
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,100
$392.1K
Cap Rate 7%
$280,071
$280.1K
Cap Rate 9%
$217,833
$217.8K
Market Conditions
NOI Build-Up for 1,690 SF
Gross rent
$38.3K $22.68/SF
− Vacancy
−$2.7K −$1.59/SF
EGI
$35.6K $21.09/SF
− OpEx
−$16.0K −$9.49/SF
NOI
$19.6K $11.60/SF
Area
Cook County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,100
Cap Rate 7%
$280,071
Cap Rate 9%
$217,833
Alternative Uses
Best Use
Apartment 5plus
$280.1K
$245.1K – $326.8K
NOI $19,605 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$649.0K
$567.8K – $757.1K
NOI $45,427 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Explore this area
Business Placement
Demographics for 60467, IL
26,098
Population
10,055
Households
2.6
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
1,763
Density / Sq Mi
$109,329
Median Household Income
$63,685
Median Earnings
$2,202
Median Rent
$392,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Residential income properties in Cook County
Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom, two-bath layout includes a full basement and attached garage.
Where is this residential income property located?
The property is located at 18040 Delaware Court Unit 104 Orland Park, IL.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 1,690‑square‑foot end‑unit townhome with 2 bedrooms and 2 bathrooms; Full basement, attached garage, and corner‑lot location; Kitchen with stainless steel appliances, extensive cabinetry, and ample counter space
