52 Unit Workforce Housing Portfolio For Sale in Calumet Park

1200 W. 127th Street; 1234 W. 127th Street; 12500 S. Lincoln Street; 12510 S. Lincoln Street, Calumet Park, IL 60827

  • For Sale $3,640,000
  • Property Type Multi-Family
  • Property Size 50,000 SF
  • Units 52
  • Lot Size 0.71 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 32
  • Property Tenancy Multi-Tenant
  • Year Renovated 2022
  • Date Updated Dec 4, 2024
South SuburbanThis 52 Unit Workforce Housing Portfolio is For Sale in Calumet Park. The portfolio comprises 4 buildings within a 0.5 mile of each other. Many updates to the properties were done within the last 12 months. There is an excellent cash flow with very stable income and low turnover and vacancies. This portfolio is surrounded by many retailers such as ALDI, Dollar Tree, and Walgreens. There are many well-known local restaurants nearby as well as schools like Brown Community Academy Elementary School and Calumet Middle School, making this portfolio an attractive choice for prospective tenants and their families. Large industrial employers such as Fabsco Corporation, MMM Freight Corp, Valente Trucking Inc are among many others in the neighborhood, which is another reason why these 4 buildings maintain a high long-term occupancy rate. On site janitor willing to stay after sale.
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Attachments

Highlights

  • 52 Unit Portfolio For Sale in Calumet Park.
  • Only $70k/Unit, True 9.24 Cap, 14.21% Cash on Cash Return, 11.4% Pro Forma Cap Rate
  • The portfolio is comprised of 4 buildings within 1/2 mile of each other.
  • Lots of updates within the last 12 months.
  • On site janitor

Contacts

broker
Paul Tsakiris

First Western Properties

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable

  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Calumet Park, IL
  • Neighborhood Calumet Park
  • Zip Code 60827
  • Market Chicago

Points of Interest

  • West Pullman

    0.90 miles

  • Burr Oak

    0.90 miles

  • Blue Island

    1.37 miles

  • 115th Street (Morgan Park)

    1.85 miles

  • Riverdale

    1.87 miles

  • 111th Street (Morgan Park)

    2.26 miles

  • Kensington (115th Street)

    2.58 miles

  • 107th Street (Beverly Hills)

    2.64 miles

  • 103rd Street (Beverly Hills)

    3.11 miles

  • 99th Street (Beverly Hills)

    3.59 miles

  • Citgo

    0.20 miles

  • Mobil

    0.48 miles

  • Shell

    0.53 miles

  • BP

    0.63 miles

  • Marshfield Citgo

    1.14 miles

  • Thorntons

    1.40 miles

  • Tesla Supercharger

    3.35 miles

  • EVgo

    7.66 miles

  • ChargePoint

    8.75 miles

  • Blue Island Park & Ride

    2.42 miles

  • Kensington / 115th Street Station Parking Lot

    2.54 miles

  • Car Parking

    3.56 miles

  • Pace Harvey Park & Ride

    3.62 miles

  • Auto Warehousing Company

    4.22 miles

  • Lot 10

    4.35 miles

  • Lot 11

    4.37 miles

  • Lot 9

    4.40 miles

  • Lot 12

    4.42 miles

  • Days Inn Calumet Park

    0.53 miles

  • Knights Inn Calumet Park

    0.53 miles

  • Plaza Inn

    0.54 miles

  • Royal Motel

    3.32 miles

  • Beverly Motel & Suites

    4.04 miles

  • Starlite Motel

    4.44 miles

  • Baymont

    4.47 miles

  • Luxe Inn

    4.49 miles

  • Holiday Inn Express Crestwood

    4.62 miles

  • Key Motel

    4.64 miles

  • Dunkin'

    0.25 miles

  • Dillingers Drive-In

    0.27 miles

  • Burger King

    0.47 miles

  • Wendy's

    0.48 miles

  • Harold's Chicken Shack

    0.49 miles

  • Taco Bell

    0.52 miles

  • McDonald's

    0.53 miles

  • Panda Express

    1.20 miles

  • Subway

    1.20 miles

  • Wingstop

    1.22 miles

  • Seven Holy Founders School

    0.35 miles

  • Calumet Middle School

    0.38 miles

  • Burr Oak Elementary School

    0.44 miles

  • Burr Oak Academy

    0.48 miles

  • Edward White Career Academy

    0.66 miles

  • Ronald Brown Academy

    0.68 miles

  • Saint Isidore School

    0.70 miles

  • Assumption School

    0.98 miles

  • Ralph H. Metcalfe Community Academy

    1.00 miles

  • Johnnie Colemon Academy

    1.00 miles

  • Council Oak Montessori School

    1.77 miles

  • Me & You Learning Academy

    1.91 miles

  • Daycare

    3.54 miles

  • Happy Days Child Care Center

    5.22 miles

  • Mari's Bumble Bee Academy

    6.46 miles

  • Shining Star Child Development

    6.60 miles

  • Childrens Hour Pre-School Center

    6.98 miles

  • Restoring the Seed Childcare

    7.13 miles

  • Shiloh Nursery

    7.34 miles

  • Child's World Academic Inc.

    7.67 miles

Frequently Asked Questions

How much does 52 Unit Workforce Housing Portfolio For Sale in Calumet Park cost?

The space currently listed for sale at 52 Unit Workforce Housing Portfolio For Sale in Calumet Park asks for $3,640,000.

What is the total square footage of 52 Unit Workforce Housing Portfolio For Sale in Calumet Park?

52 Unit Workforce Housing Portfolio For Sale in Calumet Park totals 50,000 square feet.

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Contact Listing Broker
broker
Paul Tsakiris

First Western Properties