Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$799,000

For Sale - Active
16705 Wolf Rd, Orland Park, IL 60467
3 Beds
2 Baths
2,600 Square Feet
0.00 Acres Lot
Built in 1958
For Sale - Active
Units n/a
Checked: 18 hours ago
Updated: Aug 03, 2025 at 05:35AM

Investment Summary


Monthly Cash Flow
-$2,261
Cap Rate
2.3%
Cash-on-Cash Return
-14.8%
Debt Coverage Ratio
0.40
Internal Rate of Return (5 years)
-10.3%

Property Description


0.00 Acres Lot
Built in 1958
For Sale - Active
Units n/a

4 Bed-2 Bath Home. Experience the perfect blend of tranquility, luxury, and opportunity with this extraordinary property situated on over an acre of fully usable land, surrounded by towering mature trees and beautiful natural landscaping that creates a private, park-like atmosphere rarely found within city limits. With over an acre of land and excellent layout potential, there is room to subdivide or build additional residential homes-making it an ideal investment for builders or home owners. As you approach, a custom-designed iron gate with integrated lighting welcomes you in with elegance and security, setting the tone for what lies beyond. The property has been thoughtfully upgraded with newly poured concrete throughout, including the driveway, walkways, and patio areas-offering a clean, modern look and effortless maintenance for years to come. At the heart of the outdoor space is a newly constructed pergola, complete with a custom ramp-ideal for entertaining, unwinding, or simply enjoying the serene sounds of nature under a canopy of majestic high trees. Step inside to find a home that blends refined finishes with functional design. The interior showcases premium Italian tile flooring throughout, paired with newly refinished hardwood floors that add warmth and timeless charm. The chef's kitchen features brand-new stainless steel appliances, sleek quartz countertops, and a stunning marble backsplash, making it the perfect centerpiece for both casual meals and formal entertaining. Second kitchen in lower level. Beyond its beauty, this property presents a rare development opportunity. Seller will be connecting public sewer and water to the property.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Detached Garage
  • Details: On Site, Detached, Driveway, Other, Garage
  • Garage Spaces: 3
  • Spaces Total: 9

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 0
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 9
  • # of Stories: 1
  • Attic: Yes
  • Basement: Yes
  • Basement Description: Finished, Full
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Wood
  • Foundation: Concrete Perimeter
  • Roof Material: Asphalt

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 2729100002
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1958

Tax Information

  • Annual Tax: $8,255

Utilities

  • Water & Sewer: Well
  • Heating: Natural Gas
  • Cooling: Central Air

Location

  • County: Cook

Listing Details


Listed by:
Daniel Nierman
4 Sale Realty Advantage
(847) 601-9359

Source:
Midwest Real Estate Data (MRED)
MLS#: 12420511
Midwest Real Estate Data (MRED)

Investment Summary


Monthly Cash Flow
-$2,261
Cap Rate
2.3%
Cash-on-Cash Return
-14.8%
Debt Coverage Ratio
0.40
Internal Rate of Return (5 years)
-10.3%

Purchase Details

Find an Agent

Purchase price:
$799,000
Amount financed:
-$639,200
Down payment:
$159,800
Closing costs:
$23,970
Rehab costs:
$0
Initial cash invested:
$183,770
Square feet:
2,600
Cost per square foot:
$307
Monthly rent per square foot:
$1.23

Financing Details

Find a Lender

Loan amount:
$639,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,781
Property tax:
$688
Insurance:
$224
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,693

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,200 $38,400
Vacancy loss: (6%)
6% -$192 -$2,304
Operating income:
$3,008 $36,096

Operating Expenses


% Rent Monthly Yearly
Property taxes: (21%)
21%-$688-$8,255
Insurance: (7%)
7%-$224-$2,688
Property management: (8%)
8%-$256-$3,072
Repairs & maintenance: (5%)
5%-$160-$1,920
Capital expenditures: (5%)
5%-$160-$1,920
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (46%)
46%-$1,488-$17,855

Cash Flow


Monthly Yearly
Net operating income:
$1,520 $18,240
Mortgage payments:
-$3,781 -$45,372
Cash flow:
$2,261 $27,132