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Gut-Rehabbed 16-Unit Apartment Building
For Sale
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12510 Lincoln Street, Calumet Park, IL 60827

Sixteen units are gut-rehabbed with new laminate and tile flooring plus updated plumbing and electric systems.

Property SizeContact for details
Days on Market123

Property Features for 12510 Lincoln Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 16

Building Details

Construction California-style
Listing Agency: 33 Realty LLC
Listed By: Gene Hart · License #IL 475.149185
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 2:25PM

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 33 Realty LLC

Investment Insights

Based on property information with market context.

This 16-unit California-style apartment building is available for sale. All units have been gut-rehabbed, with new laminate wood flooring paired with tile, along with updated plumbing and electric. The building is heated by a central hot water baseboard system.

Exterior improvements include a new roof, soffit, common exterior stairs, most individual sliding doors, windows, and tuckpointing.

Ownership currently provides a janitor/handyman with a free unit in 12500 Lincoln (unit 8). The property is also available as part of a four-property, 54-unit portfolio sale.

Key Highlights

  • 16‑unit California‑style apartment building with all units gut‑rehabbed
  • Units feature new laminate wood and tile flooring, plus updated plumbing and electric
  • Central hot water baseboard heating system for the building

Property Analytics

Current Use

Cyndigh's Amazing 5 ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Sixteen units are gut-rehabbed with new laminate and tile flooring plus updated plumbing and electric systems.
Where is this apartment building located?
The property is located at 12510 Lincoln Street Calumet Park, IL.
What are key features of this property?
This property features: 16‑unit California‑style apartment building with all units gut‑rehabbed; Units feature new laminate wood and tile flooring, plus updated plumbing and electric; Central hot water baseboard heating system for the building
(773) 355-4780 Call to check price and availability
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