Courtesy: Land of Lincoln Realty, Inc.
708-699-2767
2 (2) bedroom 1 bath apartment, and (2) 1000 Sqft store fronts or office space on lower level. Currently spaces are combined but utilities are separate and can be re-divided with simply a wall. 2 parking spaces in rear of building as well. Building is as-is but recently renovated. The commercial space has endless opportunities with it being on busy 127th st. Start your new business with the confidence of continued money flow while renting 2 apartments on 2nd Flr. Property is only 2 blocks east of i57 highway. Bring all offers! Property is AS-IS room count and size is estimated. Broker interest.
Courtesy: Keller Williams ONEChicago
312-216-2422
Pleased to present the exclusive offering of Vermont Riverbend Residences, a 60-unit apartment community located at 1025-1049 W. Vermont St, Calumet Park, IL 60827 near the Little Calumet River. This investment opportunity consists of 3 contiguous, 20-unit yellow brick flexicore buildings totaling 60,459 SF and offering a desirable unit mix, strong in-place income, and significant upside potential through a light value-add repositioning strategy. The property offers 68 off-street parking spaces, private balconies for each unit, and convenient on-site laundry facilities. The community features a well-maintained exterior with excellent curb appeal in a quiet residential neighborhood, supported by recent capital improvements including newer roofs, upgraded common areas, and unit renovations with new flooring, appliances, and fixtures. Unit Mix & Rents (20) Two-Bedroom / One-Bath Units (40) One-Bedroom / One-Bath Units Investment Highlights 2 buildings situated side-by-side and the 3rd located directly across the street - Efficient layout with Flexicore construction for durability and noise reduction. Attractive Unit Features - Balconies for all units, modernized finishes in renovated apartments, and on-site laundry facilities. Strong Upside Potential - Below-market rents present opportunity for rental rate growth to market levels through continued interior upgrades. Recent Capital Improvements - Newer roofs, updated common areas, and renovated units with new flooring, appliances, and fixtures. Desirable Suburban Location - Nestled in a residential neighborhood with strong tenant demand and convenient access to transportation, retail, employment centers, and the Little Calumet River Vermont Riverbend Residences presents investors with a stabilized, cash-flowing asset in a strong rental market, with the added advantage of immediate light value-add potential to push rents and increase returns without major capex.
Courtesy: Keller Williams ONEChicago
312-216-2422
Pleased to present the exclusive offering of Vermont Street Apartments, a 20-unit apartment community located at 1025-1029 W. Vermont St, Calumet Park, IL 60827. This exceptional investment opportunity consists of a 20-unit yellow brick flexicore building totaling 20,153 SF and offering a desirable unit mix, strong in-place income, and significant upside potential. The property offers 23 off-street parking spaces, private balconies for each unit, and convenient on-site laundry facilities. The community features a well-maintained exterior with excellent curb appeal in a quiet residential neighborhood, supported by recent capital improvements including newer roofs, upgraded common areas, and unit renovations with new flooring, appliances, and fixtures. Unit Mix (7) Two-Bedroom / One-Bath Units (13) One-Bedroom / One-Bath Units Vermont Street Apartments presents investors with a stabilized, cash-flowing asset in a strong rental market, with the added advantage of immediate value-add potential to push rents and increase returns.
Courtesy: Kawash Group
630-337-9126
1250-54 W 127th Street presents a compelling opportunity to acquire a multi-tenant retail asset located along a highly trafficked commercial corridor in Calumet Park. The property consists of a three-unit commercial building totaling approximately 7,035 square feet, offering investors immediate in-place income with significant upside through lease optimization and tenant repositioning. Strategically positioned on W. 127th Street, the property benefits from strong visibility, consistent vehicle traffic, and proximity to dense residential neighborhoods, making it an ideal location for service-oriented and neighborhood retail tenants. The surrounding retail corridor features a mix of national and local businesses, providing a stable commercial environment that supports long-term tenancy. The asset has undergone recent renovations, reducing near-term capital expenditure requirements while enhancing its appeal to prospective tenants. Additionally, the property offers ample on-site parking. Multi-Tenant Retail Asset - Three-unit configuration provides diversified income streams and reduces single-tenant exposure Strong In-Place Income with Upside - Existing cash flow with the opportunity to increase rents to market and improve overall returns - Value-Add Opportunity Ability to lease vacant or underutilized space and reposition tenant mix to maximize NOI - Recent Capital Improvements - Renovated building minimizes near-term maintenance costs and enhances tenant appeal Flexible Tenant Use Potential - Ideal for retail, medical, office, or service-oriented users, broadening leasing opportunities
Courtesy: Millennium Properties RE, Inc.
312-338-3000
Subject property is a three-unit retail center containing approximately 7035 sq feet sitting along 127th in south suburban Calumet Park. Recently renovated, the property is currently fully occupied
Calumet Park is located in Illinois. Calumet Park, Illinois has a population of 7,167. Calumet Park is less family-centric than the surrounding county with 24.3% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Calumet Park, Illinois is $52,696. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Calumet Park is 37.5 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 37.9 inches per year, with 31.6 inches of snow per year.
