$2,100,000

12500 S Lincoln St Calumet Park, IL 60827

Estimated payment $15,844/month

Total Views 2,567
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.22 Acre Lot
  • Baseboard Heating
  • 3-minute walk to Veteran's Park
  • Courtyard

About This Home

Pleased to present a two building 32 Unit Multifamily opportunity located at 12500 & 12510 S Lincoln St. Located in the Calumet Park neighborhood. Each of the two buildings consists of (8) Studios and (8) 1 bed 1 bath apartments. Capital Improvements Include: Modern kitchens and bathrooms. Newer roofs, newer windows and updated tuckpointing. The Mechanical systems include: Separately metered electrical service, newer gas meters, and boiler systems / electrical baseboard heat. Each building has 16 parking spaces. Room to increase rents.

Listing Agent

David Szymanowski

Sperry Van Ness License #475206149 Listed on: 10/28/2025

Sperry Van Ness

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $57,706

Year Built

  • Built in 1965

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 150 x 125
  • Additional Parcels

Additional Features

  • 2-Story Property
  • Courtyard
  • Baseboard Heating

Community Details

Overview

  • 32 Units

Building Details

  • Electric Expense $1,090
  • Fuel Expense $10,689
  • Insurance Expense $11,200
  • Maintenance Expense $10,080
  • Manager Expense $16,000
  • Other Expense $5,600
  • Trash Expense $2,340
  • Water Sewer Expense $12,384
  • Operating Expense $130,769
  • Gross Income $321,684
  • Net Operating Income $190,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$57,706

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Courtyard
  • Stories: 2
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Baseboard

Condo/Co-op/Association

  • Manager Expense: 16000

Fee Information

  • Trash Expense: 2340
  • Water Sewer Expenses: 12384

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.22
  • Lot Dimensions: 150 x 125

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 190915
  • Fuel Expense: 10689
  • Insurance Expense: 11200
  • ElectricExpense: 1090
  • GrossIncome: 321684
  • Maintenance Expense: 10080
  • NumberOfUnitsTotal: 32
  • OperatingExpense: 130769
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 57706
  • Tax Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
10/28/2025 10/28/25 For Sale $2,100,000 0.0% --
07/06/2016 07/06/16 Rented $500 0.0% --
03/16/2016 03/16/16 For Rent $500 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12505965

Midwest Real Estate Data (MRED)

APN: 25-30-411-072-0000