1200 W 127th St Calumet Park, IL 60827
Estimated payment $6,211/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 12505325
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