12500-12510 W 127Th St Calumet Park, IL 60827
Property Features for 12500-12510 W 127Th St
General Information
- Size
- 35,700 SF
Source:
Svnchicago
Listing Agent: Joe Connelly
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Calumet Park Multifamily Investment Opportunity
This multifamily investment opportunity features a portfolio of four buildings totaling 52 units, situated in the Calumet Park neighborhood of Chicago's South Suburbs. The unit mix includes sixteen studios, twenty-eight one-bedroom, one-bathroom apartments, and eight two-bedroom, one-bathroom apartments. Many of the units have been recently renovated with modern kitchens and bathrooms. Capital improvements include newer roofs, newer windows, and updated tuckpointing. The mechanical systems feature separately metered electrical service, newer gas meters, and boiler systems with electrical baseboard heat. Ample parking spaces are available for most of the portfolio. The properties are located in Calumet Park, Illinois. The in-place rents are 10%-15% below market value. The portfolio can be purchased in its entirety, or individual acquisitions can be made at 12500-12510 S. Lincoln Street, 1200 W. 127th Street, and 1234 W. 127th Street.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Calumet Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.7674946
- Latitude
- 41.6615585
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 52-unit multifamily portfolio in Calumet Park, Illinois.
Where is this apartment building located?
The property is located at 12500-12510 W 127Th St Calumet Park, IL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: - Recently renovated units with **modern kitchens and bathrooms.**; - Desirable unit mix of studios, 1-bed, and 2-bed apartments.; - Newer roofs, newer windows, and updated tuckpointing.