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    1413 W 127Th St Calumet Park, IL 60827

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    For Lease
    $20 SF/Yr ($1,966 /Mo)

    Retail space in a densely populated business and shopping district.

    Property size:
    1,180 SF
    Lot size:
    0.77 Acres

    Property Features for 1413 W 127Th St

    General Information

    Size
    1,180 SF
    Lot size
    0.77 Acres

    Source: Network Commercial Real Estate Agent Neil Haleem

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near I-57

    This retail space, constructed in 2007, is situated on 127th Street, providing convenient access and is located minutes from I-57. The property is positioned within a major business and shopping district in a densely populated area. The property offers a total area of 1,180 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tony's Phillysteak & Sharks ... Gyro Restaurant Shrimps and Tony's American Restaurant FH Jerk Food Manufacturer Dreams Pizza Restaurant Tony's Original Steak ... Seafood Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -87.656783
    Latitude
    41.662712

    Nearby Similar for Lease

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      Raceway Park Shopping Center Opportunity

      Calumet Park Retail Space Available
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    • $10 SF/Yr
      86,310 SF

      Raceway Park Retail Center - Calumet Park

      High-visibility retail space, Cook County, IL.
      13001 Ashland Ave, Calumet Park, IL 60827
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    • $10 SF/Yr
      3,600 SF

      Retail Space with I-57 Visibility

      Retail space in community center visible from I-57.
      13053-13085 S Ashland Ave, Calumet Park, IL 60620
      View Details
    • $27 SF/Yr
      8,000 SF

      Calumet Park Retail Space Available

      8,000 SF retail space for rent in Calumet Park.
      11900 S Marshfield Ave, Calumet Park, IL 60827
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in a densely populated business and shopping district.
    Where is this retail space located?
    The property is located at 1413 W 127Th St Calumet Park, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Minutes from I-57 for easy access.; - Located in a major business & shopping district.; - Built in 2007.
    (708) 927-8000
    Request Owner's contact information
    1413 W 127Th St Calumet Park, IL 60827
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    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
    1413 W 127Th St Calumet Park, IL 60827
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