Seven-Tenant Masonry Strip
New
For Sale
$715,000
5152-5160 W 127th St, Alsip, IL 60803
One-story retail and warehouse property with drive-in access, individual restrooms, and paved on-site parking.
Property Size19,822 SF
Lot Size1.03 Acres
Price / SF$36.07
Days on Market6
Property Features for 5152-5160 W 127th St
General Information
Standard status
Active
Size
19,822 SF
Total Parking Spaces
38
Lot size
1.03 Acres
Occupancy
57%
Warehouse & Industrial
Warehouse Space
4,342 SF
Drive-In Doors
7
Building Details
Year Built
1986
Buildings
1
Stories
1
Building Size
19,822 SF
Construction
masonry
Tenancy
Multi
Listing Agency:
L & B All Star Realty Advisors LLC
(312) 925-0900
Listed By:
Ira Lauter · License #471001910
Source:
Amyboston.realtopiare
Added: Aug 23
Changed: Aug 27
Last Checked: Aug 25 at 3:58AM
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 L & B All Star Realty Advisors LLC
Investment Insights
Based on property information with market context.
This one-story masonry strip center contains 19,822 square feet across seven tenant spaces at 5152-5160 W 127th St. Five front suites combine retail or office areas with warehouse sections, while two rear spaces are configured for office and warehouse use. Unit sizes range from approximately 1,470 square feet to 9,600 square feet. Each space includes a drive-in door and restroom; the 9,600-square-foot unit has three restrooms.
The 44,693-square-foot site includes an asphalt parking area with 38 exterior spaces. Four of the seven units are occupied under month-to-month tenancies. Based on the provided projections, stabilized operations indicate a 12.3% Cap Rate.
The 44,693-square-foot site includes an asphalt parking area with 38 exterior spaces. Four of the seven units are occupied under month-to-month tenancies. Based on the provided projections, stabilized operations indicate a 12.3% Cap Rate.
Key Highlights
- Seven tenant spaces totaling 19,822 square feet
- 44,693‑square‑foot site with 38 exterior parking spaces
- Five front retail/office units with rear warehouse areas
Property Analytics
Current Use
Lease Details
7
Drive-in doors
57.1%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - One-story retail and warehouse property with drive-in access, individual restrooms, and paved on-site parking.
Where is this strip mall located?
The property is located at 5152-5160 W 127th St Alsip, IL.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Seven tenant spaces totaling 19,822 square feet; 44,693‑square‑foot site with 38 exterior parking spaces; Five front retail/office units with rear warehouse areas
