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: Sperry Van Ness
312-676-1866
Pleased to present 1234 W 127th St. an 8 unit multifamily building in the Calumet Park neighborhood. The unit mix consists of (8) 2 bed 1 bath apartments. Capital Improvements Include: Modern kitchens and bathrooms. The Mechanical systems include: Separately metered electrical service, newer gas meters, and boiler systems / electrical baseboard heat. Cash flowing asset with the ability to increase rents.
Courtesy: Sperry Van Ness
312-676-1866
Pleased to present 1200 W 127th St a 12 Unit Multifamily opportunity located in the Calumet Park neighborhood of the Chicago South Suburbs. The unit mix consists of (12) 1 Bed 1 Bath apartments. Major Capital Improvements Include: The majority of the units have been recently renovated with modern kitchens and bathrooms, newer roofs, newer windows, and updated tuck-pointing. The Mechanical systems include: Separately metered electrical service, newer gas meters, and boiler systems that are heated through electrical baseboard heating. 1200 W 127th St. allows investors to acquire strong, cash-flowing assets that are well-maintained with a strong upside potential for rental increases.
Courtesy: Sperry Van Ness
312-676-1866
Pleased to present a two building 32 Unit Multifamily opportunity located at 12500 & 12510 S Lincoln St. Located in the Calumet Park neighborhood. Each of the two buildings consists of (8) Studios and (8) 1 bed 1 bath apartments. Capital Improvements Include: Modern kitchens and bathrooms. Newer roofs, newer windows and updated tuckpointing. The Mechanical systems include: Separately metered electrical service, newer gas meters, and boiler systems / electrical baseboard heat. Each building has 16 parking spaces. Room to increase rents.
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.
