1200 W 127th St - Apartments FOR SALE


Calumet Park, IL 60827
$875,000 USD
630-550-1515
1200 W 127th St, Calumet Park, IL for Sale
$875,000 USD
Apartments - FOR SALE
1/5
null | 9.34% Cap Rate

1200 W 127th St
Calumet Park, IL 60827


HIGHLIGHTS

  • Strong Location
  • High Quality Units
  • Long Term Tenants

OVERVIEW

SVN is pleased to present 1200 W 127th Street, a 12-unit multifamily building located in the Calumet Park neighborhood of the Chicago South Suburbs. The desirable unit mix consists of (12) 1 Bed 1 Bath apartments. Major Capital Improvements Include: The Majority of the units are recently renovated with modern kitchens and bathrooms. Newer roofs, newer windows, and updated tuckpointing. The Mechanical systems include: Separately metered electrical service, newer gas meters, and a boiler system whose heat is provided through electrical baseboard. 1200 W 127th Street presents a strong opportunity to acquire a well-performing asset in a strong location.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$54 USD /SF

# OF UNITS

12

PRICE/UNIT

$72,917

CAP RATE

9.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

25-29-328-044-0000,25-29-328-045-0000

ASK ABOUT THIS PROPERTY

Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

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Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.