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Mixed-Use Office and Apartment Building
For Sale
Contact for pricing
Pending

5100 W 127th St, Alsip, IL 60803

Fully leased property combines office improvements, apartments, monument signage, parking, and adjacency to a four-way interchange.

Property SizeContact for details
Days on Market145

Property Features for 5100 W 127th St

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily, Office
Listing Agency: Midwest Commercial Real Estate
Listed By: Larry Hanley · License #IL 471001976
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 9:04AM

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 Midwest Commercial Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property is fully leased and combines a professional office component with residential units above. The main floor contains approximately 6,354 SF of office area with a Class A build-out, while the second floor provides approximately 3,608 SF of apartments configured as one two-bedroom unit and two one-bedroom units. Monument electric signage and 14 parking spaces support the property’s commercial presence.

The property occupies an approximately 13,752 SF parcel at 5100 W 127th St in Alsip, Illinois. It is adjacent to the four-way interchange at Cicero Ave. and I-294 and is contiguous to a large rear lot. The mixed-use configuration brings office and apartment space together within one leased asset.

Key Highlights

  • Fully leased mixed‑use property with office and apartment components
  • Approximately 6,354 SF main floor office area with Class A build‑out
  • Second floor includes approximately 3,608 SF of apartments: one 2‑bedroom and two 1‑bedroom units

Property Analytics

Current Use

American Heritage Protective ... Security Service

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon

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

668
Businesses Nearby

Demographics for 60803, IL

22,189
Population
9,563
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
2,845
Density / Sq Mi
$66,555
Median Household Income
$42,245
Median Earnings
$1,113
Median Rent
$200,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased property combines office improvements, apartments, monument signage, parking, and adjacency to a four-way interchange.
Where is this mixed-use property located?
The property is located at 5100 W 127th St Alsip, IL.
What are key features of this property?
This property features: Fully leased mixed‑use property with office and apartment components; Approximately 6,354 SF main floor office area with Class A build‑out; Second floor includes approximately 3,608 SF of apartments: one 2‑bedroom and two 1‑bedroom units
More about this property
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