USAILCalumet Park1206 W 127Th St
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$50,000

Sold

A year ago

1206 W 127 Th St, Calumet Park, IL

MLS® 12314588

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Approx. Age 1961
MLS® Number 12314588

Property Address: 1206 W 127th St, Calumet Park, IL, 60827-6107

Average square foot calculated using Size range provided by listing agent.

Description

Investors, developers, and small business owners: Don't miss out on this prime redevelopment opportunity at 1206 W 127th St, Calumet Park! This 1, 959 sq ft commercial building, built in 1961, sits on a 2, 500 sq ft lot and is ready for a complete gut rehab. Located between I-57 and I-94, this high-visibility property offers excellent access to major expressways and public transportation, including CTA and Metra Electric, making it convenient for commuters and clients alike. The building's strategic location in a growing commercial corridor is complemented by daily traffic counts of over 16, 500 vehicles on nearby Ashland Ave, offering significant exposure to potential customers and tenants. The area is experiencing exciting revitalization with new developments, attracting businesses and residents, making this property a prime location for small business owners, service providers, and developers looking to expand or start a new project. As part of a Tax Increment Financing (TIF) district, developers may also benefit from financial incentives for redevelopment, further enhancing the appeal of this investment. Whether you're envisioning retail, office spaces, or a mixed-use development, the possibilities are endless. The surrounding community includes local businesses, schools, and a growing residential population, offering a built-in customer base for future businesses. This is your opportunity to invest in Calumet Park's rising commercial market and build a property that serves the evolving needs of the area. Property sold as-is. Bring your architect and contractor to explore the limitless possibilities.
MLS® Number12314588
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1961
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

May 23, 2025End Date
$50,000Sold Price

Sold

Mar 17, 2025List Date
$50,000List Price
  • Commute

Commute

Starting Address
Destination Address
1206 W 127 Th St, Calumet Park, IL

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