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1250-1254 W 127th St
Calumet Park, IL 60827
Retail Property For Sale
Executive Summary
PRICE DROP
Subject property is a three-unit retail center containing approximately 7035 sq feet sitting along 127th in south suburban Calumet Park. Recently renovated, the property is currently fully occupied, generating $87,986 in annual gross rents.
Subject property is a three-unit retail center containing approximately 7035 sq feet sitting along 127th in south suburban Calumet Park. Recently renovated, the property is currently fully occupied, generating $87,986 in annual gross rents.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,035 SF
Building Class
C
Year Built
1946
Price
$495,000
Price Per SF
$70.36
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.46
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
20 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
156’ on 127th St
Amenities
- Bus Line
- Signage
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $66,573 | |
| Land Assessment | $10,592 | Total Assessment | $77,165 |
Property Taxes
Parcel Numbers
Land Assessment
$10,592
Improvements Assessment
$66,573
Total Assessment
$77,165
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