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15119 Catalina Drive

Updated Oct 2, 2026

Essex Realty Group Represents Sale Of Orland Park Multifamily Asset For $13.6M
SOLDMultiFamily

Essex Realty Group Represents Sale Of Orland Park Multifamily Asset For $13.6M

15119 Catalina Drive

$13,600,000

Units

84

Asset Type

MultiFamily

Closing

Sep 30, 2026

About this deal

AI

The transaction involved a multifamily property located at 15119 Catalina Drive in Orland Park. The asset consists of 84 units and was sold for a total price of $13,600,000, resulting in a price per unit of $161,904.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $13,600,000
  • Units: 84
  • Price Per Unit: $161,904
  • Market: Orland Park

Brian Karmowski, Kate Varde, and Jimmy Donahue from Essex Realty Group represented the deal, facilitating the transaction between the involved parties.

The multifamily sale at 15119 Catalina Drive in Orland Park, Illinois sold for $13.6M in 2026. Reported inventory is 84 units across 84 units. Jimmy Donahue, Brian Karmowski, Kate Varde, Essex Realty Group appear on the sale alongside Essex Realty Group. This page is the Orland Park, Illinois file for the 15119 Catalina Drive multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Orland Park sit in the Market section below. Filter that Orland Park multifamily set by closing date to see what else sold near 15119 Catalina Drive around 2026. Published consideration for 15119 Catalina Drive is $13.6M, dated 2026. Cite this Essex Realty Group Represents Sale Of Orland Park Multifamily Asset For $13.6M sale when underwriting similar multifamily product around Orland Park, Illinois.

On the Map

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$13,600,000

MultiFamily

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Players

Kate Varde

Essex Realty Group

Broker

$319.1M

vol

39 deals

Broker
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Orland Park MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $161.9K per unit across 84 units on a published $13.6M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.17%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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