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    1742 W 127Th St Calumet Park, IL 60827

    Sponsored
    For Sale
    $165,000

    MULTI_FAMILY - Calumet Park, IL

    Days on Market:
    6
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 1742 W 127Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Basement
    Bedrooms
    4
    Bathrooms
    2
    APN
    25304200370000
    Parking
    4
    Parking features
    Off Alley, Off Street
    Basement
    Full, Finished, Walk-Out Access

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Space Heater
    Water source
    Public

    Building Details

    Building materials
    Frame

    Kale Realty (312) 939-5253 [email protected]

    Listing agent Laura Young (312) 509-1244

    Listing date Jan 3, 2026

    MLS# 12539785 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Calumet Park Multifamily Investment Opportunity

    This two-unit multifamily property in Calumet Park, Illinois, offers a potential investment opportunity. The property features parking in the rear and separate utilities for each unit. A newer roof has been installed. There is a possibility of converting the property to include a third unit in the future. One unit is currently occupied by a tenant paying $1250. There is a pending application for the other unit with a rent amount of $1550. A potential third unit could generate an additional $1000 in rent. The property is located in a fantastic location and offers immediate equity. The zoning is MULTI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Calumet Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.665356
    Latitude
    41.663129

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    FAQs

    What type of property is this?
    Duplex - Two-unit property with potential for a third unit conversion.
    Where is this duplex located?
    The property is located at 1742 W 127Th St Calumet Park, IL.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Strong rental income potential with existing tenants paying $1250 and $1550.; - Potential for a third unit conversion, adding further rental income (estimated $1000).; - Separate utilities for each unit.
    (630) 587-7400
    Request Owner's contact information
    1742 W 127Th St Calumet Park, IL 60827
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1742 W 127Th St Calumet Park, IL 60827
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