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Storefront Space with Office Flexibility
For Lease
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5418 W 127th Street, Alsip, IL 60803

A versatile commercial space with a newer heat and air conditioning unit for office or retail use.

Space Size1,000 SF
Days on Market407

Property Features for 5418 W 127th Street

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Zoning COMMR

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Space Use Office

Taxes and HOA fees

Annual Taxes $999,999

Building Details

Year Built 1980
Stories 1
Units 8
Listing Agency: Realpoul Realty
Listed By: Peter Poulopoulos
Source: Cavanaghrealty
Added: Jul 23, 2025 Changed: Sep 1 Last Checked: Aug 17 at 6:30AM

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 Realpoul Realty

Investment Insights

Based on property information with market context.

This 1,000-square-foot storefront space was built in 1980 and includes a newer heat and A/C unit. The property is configured for use as either an office or retail store, offering flexibility for professional or commercial occupancy.

Located at 5418 W 127th St in Alsip, Illinois, the space is available for rent.

Key Highlights

  • 1,000 square feet of storefront space
  • Newer heat and A/C unit
  • Suitable for office or retail use

Property Analytics

Current Use

The Self Beauty Bar ... Hair Salon Designer Cuts Barber Shop

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Catering Service Bakery Daycare 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Alsip, IL

$29.43 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,798 SF
Avg Space Size

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?
Storefront property - A versatile commercial space with a newer heat and air conditioning unit for office or retail use.
Where is this storefront property located?
The property is located at 5418 W 127th Street Alsip, IL.
What are key features of this property?
This property features: 1,000 square feet of storefront space; Newer heat and A/C unit; Suitable for office or retail use
More about this property
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