Building Details

Building Size 4,138 SF

Tenancy Multi

Spaces For Lease

at 1427 W 127th St Calumet Contact us

1427 W 127th St

Size

2,115 SF

Lease Type

NNN

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Listing Agency: Colliers International | Chicago

Listed By: Bradley Belden Show Phone

Source: Thebrokerlist

Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 1:27PM

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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 Colliers International | Chicago

Investment Insights

Based on property information with market context.

The freestanding building offers 2,115 square feet of former clothing and retail space within a two-tenant configuration. Available features include a large monument sign, two-way facade exposure, and access from both 127th St and Bishop St. The building occupies the southwest corner of a signalized intersection, with 140 feet of frontage along 127th St.

The property is located 0.3 miles east of I-57 in Calumet Park, providing a position along 127th St and near the interstate. Multiple national and local tenants surround the site, adding established commercial context. The available space combines a freestanding building format with prominent signage and multiple points of entry.

Key Highlights

• 2,115 SF former clothing and retail shop
• Freestanding two‑tenant building at a southwest signalized corner
• 140' of frontage along 127th St

Property Analytics

Property Profile

Current Use

StyleGods 127 Clothing Clothing Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Electrical Service (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

27,300 VPD

Traffic count

Multi-tenant

Tenancy

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

536

Businesses Nearby

176k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 47% Shops & Services 40% Groceries 10% Electronics 2%

McDonald's Dining

40,770 visits/mo 0.2 miles

Aldi Groceries

18,036 visits/mo 0.3 miles

Wendy's Dining

15,806 visits/mo 0.1 miles

Dollar Tree Shops & Services

14,374 visits/mo 0.4 miles

Burger King Dining

10,505 visits/mo 0.1 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

Lease Benchmarks for Riverdale, IL

$29.38 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

3,745 SF

Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Former retail space with dual access, monument signage, and a signalized corner position near I-57.

Where is this storefront property located?

The property is located at 1427 W 127th St Calumet Riverdale, IL.

What are key features of this property?

This property features: 2,115 SF former clothing and retail shop; Freestanding two‑tenant building at a southwest signalized corner; 140' of frontage along 127th St