Mixed-Use Building with
1506 W 127th Street, Calumet Park, IL 60827
For Sale
$225,000
Two upstairs apartments accompany ground-floor commercial space with separate utilities.
Property Size2,900 SF
Price / SF$77.59
Days on Market82
Property Features for 1506 W 127th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Mixed-Use Components
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Land of Lincoln Realty, Inc.
Listed By:
Theresa Williams-Miles
(708) 699-2767
Source:
Amberrealty
Added: Aug 20
Changed: Nov 7
Last Checked: Nov 8 at 4:04PM
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 Land of Lincoln Realty, Inc.
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Investment Insights
Based on property information with market context.
This mixed-use building combines two apartments on the upper floor with two ground-level storefront or office spaces, each approximately 1,000 square feet. The commercial areas are currently joined, but separate utilities allow them to be divided with a wall. The property is offered as-is and has undergone recent renovations. Two parking spaces are located behind the building.
The property fronts W 127th Street, with I-57 two blocks to the west. Zoning is designated MULTI. The building dates to 1966, and its stated 2,900-square-foot size is an estimate.
The property fronts W 127th Street, with I-57 two blocks to the west. Zoning is designated MULTI. The building dates to 1966, and its stated 2,900-square-foot size is an estimate.
Key Highlights
- Two upper‑floor apartments, each with 2 bedrooms and 1 bathroom
- Two ground‑floor storefront or office spaces of approximately 1,000 square feet each
- Separate utilities serve the combined commercial areas, which can be split with a wall
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
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
$123,800
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Cook County, IL
Properties on Market for Mixed-use properties in Cook County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two upstairs apartments accompany ground-floor commercial space with separate utilities.
Where is this mixed-use property located?
The property is located at 1506 W 127th Street Calumet Park, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two upper‑floor apartments, each with 2 bedrooms and 1 bathroom; Two ground‑floor storefront or office spaces of approximately 1,000 square feet each; Separate utilities serve the combined commercial areas, which can be split with a wall
