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Retail Investment Property
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Pending

1401-1413 West 127th Street, Calumet Park, IL 60827

Retail investment offering an 8.79% cap rate and 15,023 SF available for purchase.

Property Size15,023 SF
Days on Market112

Property Features for 1401-1413 West 127th Street

General Information

Standard status Pending
Size 15,023 SF
Property subtype Retail

Additional Details

Cap Rate 8.79%
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 29 at 9:28AM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This retail investment property is offered for sale as a single asset totaling 15,023 SF, with the current offering indicated at an 8.79% cap rate in the provided materials.

The property is located at 1401-1413 West 127th Street in Calumet Park, Illinois 60827. Additional details on the building layout, unit configuration, or tenant occupancy are not provided in the information available.

Key Highlights

  • Retail investment offering an 8.79% cap rate
  • 15,023 SF retail space available for purchase

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Cafe & Coffee Shop Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby
143k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 39% Electronics 2% Hotels & Casinos 1%
McDonald's Dining
40,770 visits/mo 0.2 miles
Wendy's Dining
15,806 visits/mo 0.2 miles
Burger King Dining
10,505 visits/mo 0.1 miles
Dunkin' Donuts Dining
8,963 visits/mo 0.2 miles
Citgo Shops & Services
8,880 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail investment offering an 8.79% cap rate and 15,023 SF available for purchase.
Where is this retail space located?
The property is located at 1401-1413 West 127th Street Calumet Park, IL.
What are key features of this property?
This property features: Retail investment offering an 8.79% cap rate; 15,023 SF retail space available for purchase
(847) 780-8062 Call to check price and availability
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