$75,000
Active
1 Day Online
0 Beds0 Baths1,959 SQFT
Active

1206 W 127th Street Calumet Park, IL 60827

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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyCook
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site0 Days
  • MLS StatusActive
  • MLS ID Number12183006
  • Home Size Source N/A
  • Year Built1961
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 1
  • Zoning COMMR
  • Number Of Stories 1

Interior Features

  • Cooling None

Community Features

  • MLS Area Calumet Park

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Monthly Payment (Est.)

$364
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