$485,000

1812 W 127th St Calumet Park, IL 60827

Estimated payment $4,022/month

Total Views 5,476
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

A 6-unit, all brick, fully leased, some renovations to the 5 spacious 2-bedroom units and 1 comfortable 1-bedroom unit. Just steps away from the Metra station, bus stops, Interstate 57 access, this building's prime location offers easy commuting options. This solid, income generating property won't last long. A MUST SEE! Calumet Park investment just west of I-57 at 127th/Burr Oak.

Listing Agent

Yolanda Davis

Realty Boutique License #471021251 Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,117

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x150
  • Additional Parcels

Additional Features

  • 3-Story Property
  • Baseboard Heating

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $550
  • Fuel Expense $4,009
  • Insurance Expense $3,684
  • Maintenance Expense $3,000
  • Other Expense $713
  • Trash Expense $1,525
  • Water Sewer Expense $5,560
  • Operating Expense $20,471
  • Gross Income $74,100
  • Net Operating Income $37,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,117

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1962
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 485000

Utilities

  • Heat/Ventilation: Baseboard

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1525
  • Water Sewer Expenses: 5560
  • Janitor Expense: 1430

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X150

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 37512
  • Fuel Expense: 4009
  • Insurance Expense: 3684
  • ElectricExpense: 550
  • GrossIncome: 74100
  • Maintenance Expense: 3000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20471
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16117
  • Tax Year: 2023

Map

Range of Values:

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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 Change Sq Ft Price
06/17/2025 06/17/25 For Sale $485,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12391273

Midwest Real Estate Data (MRED)