32-Unit Apartment
For Sale
$2,100,000
12500 Lincoln Street, Calumet Park, IL 60827
Two-building property with modernized kitchens, updated bathrooms, and separately metered electrical service.
Property SizeContact for details
Days on Market418
Property Features for 12500 Lincoln Street
General Information
Standard status
Active
Total Parking Spaces
32
Property subtype
Multi Family 5+ / Multi Family 5+-Courtyard
Net Operating Income
$190,915
Units
Unit Mix
16 x studio, 16 x 1BR/1BA
Multifamily Units
32
Taxes and HOA fees
Annual Taxes
$57,706
Building Details
Year Built
1965
Buildings
2
Stories
2
Listing Agency:
Sperry Van Ness
(312) 676-1866
Listed By:
David Szymanowski · License #475206149
(312) 676-1866
Source:
Compass
Added: Jul 10, 2025
Changed: Aug 30
Last Checked: Aug 30 at 4:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Van Ness
Investment Insights
Based on property information with market context.
This multifamily property comprises two apartment buildings with a combined 32 units. Each building contains 16 apartments, including 8 studios and 8 one-bedroom, one-bath units. Interior improvements include modern kitchens and bathrooms, while exterior work includes newer roofs, newer windows, and updated tuckpointing.
The buildings provide separately metered electrical service, newer gas meters, and a mix of boiler systems and electrical baseboard heat. Each building also includes 16 parking spaces. The property is located at 12500 and 12510 S Lincoln St. in Calumet Park, Illinois, and was built in 1965.
The buildings provide separately metered electrical service, newer gas meters, and a mix of boiler systems and electrical baseboard heat. Each building also includes 16 parking spaces. The property is located at 12500 and 12510 S Lincoln St. in Calumet Park, Illinois, and was built in 1965.
Key Highlights
- 32 units across two apartment buildings
- Each building includes 8 studios and 8 one‑bedroom, one‑bath apartments
- 16 parking spaces per building
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Explore this area
Business Placement
Demographics for 60827, IL
24,936
Population
11,481
Households
2.2
Avg Household Size
34
Median Age
15%
College-Educated
89%
High-School Grad
7.0 sq mi
ZIP Area
3,562
Density / Sq Mi
$37,648
Median Household Income
$31,611
Median Earnings
$1,044
Median Rent
$123,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building property with modernized kitchens, updated bathrooms, and separately metered electrical service.
Where is this apartment building located?
The property is located at 12500 Lincoln Street Calumet Park, IL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 32 units across two apartment buildings; Each building includes 8 studios and 8 one‑bedroom, one‑bath apartments; 16 parking spaces per building
