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5-Unit Brick Apartment Building
New
For Sale
$450,000

12548 S Ashland Ave, Calumet Park, IL 60827

The property offers varied one- and two-bedroom layouts, a shared laundry room, and rear off-street parking.

Property Size5,004 SF
Price / SF$89.93
Days on Market7

Property Features for 12548 S Ashland Ave

General Information

Standard status Active
Size 5,004 SF
Property subtype Commercial

Units

Unit Mix 3 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 5

Amenities

encosed staircases
off-street parking
laundry room

Building Details

Year Built 1961
Buildings 1
Construction brick
Listing Agency: @properties Christie's International Real Estate
Listed By: Duval Williams · License #475182244
Source: Illianahomesource
Added: Oct 10 Changed: Oct 15 Last Checked: Oct 16 at 8:55AM

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 @properties Christie's International Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 5,004-square-foot, all-brick apartment building in Calumet Park contains five units: three two-bedroom, one-bathroom apartments and two one-bedroom, one-bathroom apartments. Enclosed stairwells provide interior access between floors. A rear asphalt parking area supplies off-street spaces, and a dedicated room serves laundry and storage needs, with a token-operated washer and dryer. The property was built in 1961.

Key Highlights

  • Five apartments: three 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • 5,004 square feet; built in 1961
  • All‑brick construction with enclosed staircases

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Storage Facility

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

536
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property offers varied one- and two-bedroom layouts, a shared laundry room, and rear off-street parking.
Where is this apartment building located?
The property is located at 12548 S Ashland Ave Calumet Park, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Five apartments: three 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; 5,004 square feet; built in 1961; All‑brick construction with enclosed staircases
More about this property
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