$875,000

1200 W 127th St Calumet Park, IL 60827

Estimated payment $6,211/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

SVN is pleased to present 1200 W 127th St a 12 Unit Multifamily opportunity located in the Calumet Park neighborhood of the Chicago South Suburbs. The unit mix consists of (12) 1 Bed 1 Bath apartments. Major Capital Improvements Include: The majority of the units have been recently renovated with modern kitchens and bathrooms, newer roofs, newer windows, and updated tuck-pointing. The Mechanical systems include: Separately metered electrical service, newer gas meters, and boiler systems that are heated through electrical baseboard heating. 1200 W 127th St. allows investors to acquire strong, cash-flowing assets that are well-maintained with a strong upside potential for rental increases.

Listing Agent

David Szymanowski

Sperry Van Ness License #475206149 Listed on: 10/30/2025

Sperry Van Ness

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,575

Year Built

  • Built in 1964

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 100x50
  • Additional Parcels

Additional Features

  • 2-Story Property
  • Baseboard Heating

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $434
  • Fuel Expense $4,053
  • Insurance Expense $4,800
  • Maintenance Expense $4,200
  • Manager Expense $6,550
  • Other Expense $2,700
  • Trash Expense $1,120
  • Water Sewer Expense $3,222
  • Operating Expense $48,034
  • Gross Income $1,297,763
  • Net Operating Income $81,729

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,575

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1964
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Baseboard

Condo/Co-op/Association

  • Manager Expense: 6550

Fee Information

  • Trash Expense: 1120
  • Water Sewer Expenses: 3222

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.13
  • Lot Dimensions: 100x50

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 81729
  • Fuel Expense: 4053
  • Insurance Expense: 4800
  • ElectricExpense: 434
  • GrossIncome: 1297763
  • Maintenance Expense: 4200
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 48034
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 19575
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $875,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12505325

Midwest Real Estate Data (MRED)