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0 Beds
7,035 sqft

$499,999

1250 W 127th Street, Calumet Park IL, 60827

Price per sqft$71.07
Built in1946
Property size7,035 sqft
Property typeCommercial
Listed by Heba Rashed with Kawash Group 630-337-9126

Overview

Active

Listed Mar 26, 2026

Updated May 29

1250-54 W 127th Street presents a compelling opportunity to acquire a multi-tenant retail asset located along a highly trafficked commercial corridor in Calumet Park. The property consists of a three-unit commercial building totaling approximately 7,035 square feet, offering investors immediate in-place income with significant upside through lease optimization and tenant repositioning. Strategically positioned on W. 127th Street, the property benefits from strong visibility, consistent vehicle traffic, and proximity to dense residential neighborhoods, making it an ideal location for service-oriented and neighborhood retail tenants. The surrounding retail corridor features a mix of national and local businesses, providing a stable commercial environment that supports long-term tenancy. The asset has undergone recent renovations, reducing near-term capital expenditure requirements while enhancing its appeal to prospective tenants. Additionally, the property offers ample on-site parking. Multi-Tenant Retail Asset - Three-unit configuration provides diversified income streams and reduces single-tenant exposure Strong In-Place Income with Upside - Existing cash flow with the opportunity to increase rents to market and improve overall returns - Value-Add Opportunity Ability to lease vacant or underutilized space and reposition tenant mix to maximize NOI - Recent Capital Improvements - Renovated building minimizes near-term maintenance costs and enhances tenant appeal Flexible Tenant Use Potential - Ideal for retail, medical, office, or service-oriented users, broadening leasing opportunities

Additional information

MLS® ID
12602678

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$11,209
Tax Frequency
Annually
MLS provider logo

Listed by Heba Rashed with Kawash Group 630-337-9126

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Michael LaFido are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 2:13 PM UTC on 5/29/2026. 

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