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    1250-1258 W 127Th St Calumet Park, IL 60628

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    For Sale
    $550,000

    Fully leased retail center with high traffic and great visibility.

    Property size:
    7,035 SF
    Lot size:
    0.31 Acres

    Property Features for 1250-1258 W 127Th St

    General Information

    Size
    7,035 SF
    Lot size
    0.31 Acres

    Source: Millennium Properties Real Estate Agent Brad Thompson

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

    Overview

    7,035 SF Retail Center

    This 7,035 square foot retail center is fully leased and features large storefront windows. The property generates a gross annual income of $87,986. Situated near a signalized corner on a heavily trafficked main thoroughfare, the location offers great visibility and substantial vehicular traffic, with a count of 20,270 vehicles daily. The property is part of a TIF district. The surrounding area includes businesses such as ALDI, O’Reilly Auto Parts, Planet Fitness, Ace Hardware, and Taco Bell. The zoning is C-2.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    -87.6530425
    Latitude
    41.6632675

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    FAQs

    What type of property is this?
    Strip mall - Fully leased retail center with high traffic and great visibility.
    Where is this strip mall located?
    The property is located at 1250-1258 W 127Th St Calumet Park, IL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Fully leased 3-tenant retail center providing immediate income.; - High-traffic location on a main thoroughfare with 20,270 vehicles daily.; - Gross annual income of $87,986.
    (312) 338-3000
    Request Owner's contact information
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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
    1250-1258 W 127Th St Calumet Park, IL 60628
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