Calumet Park IL Commercial for Sale

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Type:
Office
Sq.Ft.:
1,959
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
12213907

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1971
Baths:
MLS#:
12207753

ADDITIONAL INFORMATION

9+ CAP - Exclusive opportunity to purchase these multi-family investment properties located at 12619 and 12623 S Lincoln Street in Calumet Park, IL. The Property consists of two adjacent two-story brick buildings and contains sixteen (16) residential units comprised of eight (8), 2-Bedroom/1-Bathroom unit and eight (8), 1-Bedroom/1-Bathroom units with 13,500 square feet of living area in 15,000 square feet of total area on a combined 0.26-acres of land. The Property is situated along S Lincoln Street in the center of a dense residential neighborhood and 0.3-miles from W 127th Street, a heavily travelled commercial corridor and 0.8-miles from Western Avenue, the area's primary North-South roadway and commercial corridor. The location offers convenient access to grocers, restaurants, retail amenities, and outdoor activities. 12619 and 12623 S Lincoln Street are ideally positioned for commuters with quick and convenient access to public transportation including Metra commuter rail service on the Metra Electric and Rock Island District lines, bus service on CTA and Pace bus lines, as well as Interstate 57. Calumet Park is a city in the southern end of Cook County, 15 miles south of the Chicago Loop and offers convenient access to the city via Interstates and public transit.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1972
Baths:
MLS#:
12207703

ADDITIONAL INFORMATION

9+ CAP - Exclusive opportunity to purchase the multi-family investment property located at 12619 and 12623 S Lincoln Street in Calumet Park, IL. These properties consists of two adjacent two-story brick buildings and contains sixteen (16) residential units comprised of eight (8), 2-Bedroom/1-Bathroom unit and eight (8), 1-Bedroom/1-Bathroom units with 13,500 square feet of living area in 15,000 square feet of total area on a combined 0.26-acres of land. The Property is situated along S Lincoln Street in the center of a dense residential neighborhood and 0.3-miles from W 127th Street, a heavily travelled commercial corridor and 0.8-miles from Western Avenue, the area's primary North-South roadway and commercial corridor. The location offers convenient access to grocers, restaurants, retail amenities, and outdoor activities. 12619 and 12623 S Lincoln Street are ideally positioned for commuters with quick and convenient access to public transportation including Metra commuter rail service on the Metra Electric and Rock Island District lines, bus service on CTA and Pace bus lines, as well as Interstate 57. Calumet Park is a city in the southern end of Cook County, 15 miles south of the Chicago Loop and offers convenient access to the city via Interstates and public transit.

Type:
Other
Sq.Ft.:
5,298
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
11978593

ADDITIONAL INFORMATION

Great investment opportunity. 8 STORES . GREAT Income producing property, Over 10% Cap Rate . Call listing Broker for details. the Garage section unit #7 is under planning to divide to two store fronts .

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Calumet Park Real Estate

The median home value in Calumet Park, IL is $138,250. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Calumet Park, IL is $138,250. Approximately 50.88% of Calumet Park homes are owned, compared to 33.65% rented, while 15.47% are vacant. Calumet Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Calumet Park real estate agent to arrange a tour today!

Calumet Park, Illinois has a population of 7,167. Calumet Park is less family-centric than the surrounding county with 24.3% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Calumet Park, Illinois is $52,696. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Calumet Park is 37.5 years.

Calumet Park Weather

The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 37.9 inches per year, with 31.6 inches of snow per year.

Calumet Park Real Estate Market Conditions

  • Median sales price

    $138,250
    14.3% change since last quarter
  • # Active listings

    41
    30-day change

Calumet Park Schools and Demographics

Education near Calumet Park, IL

Metric City County
High School Graduates 90.26 87.97
College Degree - 2 year 14.17 6.73
College Degree - 4 year 19.25 40.75
Graduate Degree 8.14 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Calumet Park, IL

School Grades Students P/T Ratio ZIP
Barnard Elementary Comp Math & Sci Center PK - 08 303 17.3 60643
Barton Elementary School PK - 08 528 18.1 60620
Bennett Elementary School PK - 08 371 18.6 60628
Brown R Elementary Community Academy PK - 08 307 21 60628
Burr Oak Academy PK - 02 410 18.8 60827
Burr Oak Elementary School 03 - 05 377 15.8 60827
Cassell Elementary School KG - 08 394 18.5 60655
Clissold Elementary School KG - 08 545 17.3 60643
Colemon J Elementary Academy PK - 08 267 17.5 60643
Cook Elementary School PK - 08 398 16.6 60620
Cuffe Math-Sci Tech Elementary Academy PK - 08 455 21.2 60620
Cullen Elementary School KG - 08 243 17.8 60628
Curtis Elementary School PK - 08 647 18.9 60628
Dunne Technology Acad Elementary School PK - 08 243 16.8 60628
Esmond Elementary School PK - 08 327 16.7 60643
Evers Elementary School PK - 08 358 18.3 60628
Fernwood Elementary School PK - 08 342 20.7 60628
Fort Dearborn Elementary School PK - 08 385 16.5 60620
Foster Park Elementary School PK - 08 351 15.2 60620
Garvey M Elementary School PK - 08 289 20 60643
Green W Elementary School PK - 08 329 22.1 60643
Gresham Elementary School PK - 08 351 21.8 60620
Haley Elementary Academy PK - 08 592 15.6 60628
Harvard Elementary School PK - 08 459 18.3 60620
Higgins Elementary Community Academy PK - 08 336 17.1 60643
Horizon Sci Academy - Chatham Charter KG - 08 0 60620
Hughes L Elementary School PK - 08 538 14.4 60628
Jackson M Elementary School PK - 08 355 15.6 60620
Joplin Elementary School PK - 08 451 18.8 60620
Keller Elementary Gifted Magnet School 01 - 08 244 17.8 60655
Kellogg Elementary School KG - 08 251 16.5 60643
Kipling Elementary School KG - 08 370 16.4 60620
Lavizzo Elementary School PK - 08 391 21.3 60628
Lenart Elementary Regional Gifted Center PK - 08 287 20.8 60620
Metcalfe Elementary Community Academy PK - 08 484 18.8 60628
Mount Greenwood Elementary School KG - 08 1,059 21.2 60655
Mount Vernon Elementary School PK - 08 287 20.9 60643
Nkrumah Academy Elementary School KG - 07 311 18.3 60628
Northeast Elementary School PK - 06 344 13 60805
Northwest School PK - 06 336 13.2 60805
Oglesby Elementary School PK - 08 475 16.9 60620
Owens Community Academy ES PK - 08 530 17.6 60628
POE Elementary Classical School KG - 06 199 18.3 60628
Pullman Elementary School PK - 08 281 18.4 60628
Schmid Elementary School PK - 08 205 15.4 60628
Shoop Math-Sci Tech Elementary Academy PK - 08 495 21.4 60643
Smith W Elementary School PK - 08 360 17.8 60628
Southeast Elementary School KG - 06 333 10.9 60805
Southwest Elementary School KG - 06 340 14.5 60805
Sutherland Elementary School KG - 08 721 18.9 60643
Turner-Drew Elementary Language Academy KG - 08 306 13.8 60620
Vanderpoel Elementary Magnet School KG - 08 297 20.9 60643
Vick Early Childhood & Family Center PK - PK 312 14.2 60655
Wacker Elementary School PK - 08 243 17.3 60643
Westcott Elementary School PK - 08 376 19.5 60620
Whistler Elementary School PK - 08 288 15.9 60643
White Elementary Career Academy PK - 08 170 21.6 60643

Middle Schools near Calumet Park, IL

School Grades Students P/T Ratio ZIP
Calumet Elementary School 06 - 08 375 15.7 60827
Central Junior High School 07 - 08 383 11.8 60805
Chicago Collegiate Charter School 04 - 06 173 17.7 60628
Foundations College Prep. Charter 06 - 07 110 14.3 60643

High Schools near Calumet Park, IL

School Grades Students P/T Ratio ZIP
Brooks College Prep Academy High School 09 - 12 786 18.9 60628
Chicago Excel Academy HS 09 - 12 370 30.8 60643
Chicago HS for Agricult Sciences 09 - 12 687 16 60655
Corliss High School 09 - 12 415 12.6 60628
Evergreen Park High School 09 - 12 830 14.8 60805
Fenger Academy High School 09 - 12 324 13.8 60628
Harlan Community Academy High School 07 - 12 744 13.3 60628
Julian High School 09 - 12 848 14.6 60643
Morgan Park High School 07 - 12 1,425 17.6 60643
Prologue - Johnston Fine Arts High School 09 - 12 240 20 60643
Simeon Career Academy High School 09 - 12 1,401 18.3 60620

Ungraded Schools near Calumet Park, IL

School Grades Students P/T Ratio ZIP
Excel Academy - Southwest HS 10 - 10 2 60620
Ryder Elementary Math & Science Special School PK - 08 375 14.4 60620

Demographics near Calumet Park, IL

Metric City County
Neighborhood Type
Population 7,167 5,265,398
Population Density 6,445 5,572
Median Age 37.5 37.3
People per Household 2.6 2.5
Median Household Income 52,696 72,121
Average Income per Capita 25,689 41,706