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$499,999
1 Day On Site

1250 W 127th Street
Calumet Park, IL 60827

For Sale|Retail|Active
0
Beds
0
Total Baths
7,035
SqFt
$71
/SqFt
1946
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Kawash Group
Call Now: 312-767-7744
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312-767-7744
1250 W 127th Street1250 W 127th Street1250 W 127th Street1250 W 127th Street
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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

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Listing Snapshot
Price 
$499,999
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
7,035 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1946
MLS® Number 
12602678
Status 
Active
Property Tax 
$11,209
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Number Of Stories 
1
Property Sub Type 
Retail
SqFt Total 
7035
Zoning 
RTAIL
Interior Features
Cooling 
Central Air
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Community Features
MLS Area 
Calumet Park
Township 
Calumet
Listing Courtesy of MRED as distributed by MLS Grid of Kawash Group



Based on information submitted to the MLS GRID as of 2026-03-29 06:44 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-03-29 06:44 AM UTC
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Neighborhood & Commute
Source: Walkscore
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