There are multiple listings for this address:
1250-54 W 127th Street presents a compelling opportunity to acquire a multi-tenant retail asset located along a highly trafficked commercial corridor in Calumet Park. The property consists of a three-unit commercial building totaling approximately 7,035 square feet, offering investors immediate in-place income with significant upside through lease optimization and tenant repositioning. Strategically positioned on W. 127th Street, the property benefits from strong visibility, consistent vehicle traffic, and proximity to dense residential neighborhoods, making it an ideal location for service-oriented and neighborhood retail tenants. The surrounding retail corridor features a mix of national and local businesses, providing a stable commercial environment that supports long-term tenancy. The asset has undergone recent renovations, reducing near-term capital expenditure requirements while enhancing its appeal to prospective tenants. Additionally, the property offers ample on-site parking. Multi-Tenant Retail Asset – Three-unit configuration provides diversified income streams and reduces single-tenant exposure Strong In-Place Income with Upside – Existing cash flow with the opportunity to increase rents to market and improve overall returns – Value-Add Opportunity Ability to lease vacant or underutilized space and reposition tenant mix to maximize NOI – Recent Capital Improvements – Renovated building minimizes near-term maintenance costs and enhances tenant appeal Flexible Tenant Use Potential – Ideal for retail, medical, office, or service-oriented users, broadening leasing opportunities
Property Details
Price:
$495,000
MLS #:
MRD12307954
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
calumetpark
Listed Date:
Mar 10, 2025
Total Sq Ft:
7,035
Year Built:
1946
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2024
Taxes
$11,209
Map
Community
- Address1250 W 127th Street Calumet Park IL
- CityCalumet Park
- CountyCook
- Zip Code60827
Market Summary
Current real estate data for Commercial in Calumet Park as of Jun 17, 2026
4
Commercial Listed
145
Avg DOM
$2,208,750
Avg List Price
Property Summary
- 1250 W 127th Street Calumet Park IL is a Commercial for sale in Calumet Park, IL, 60827. It is listed for $495,000
Similar Listings Nearby

Copyright 2026. All rights reserved.
1250 W 127th Street
Calumet Park, IL
1250-54 W 127th Street presents a compelling opportunity to acquire a multi-tenant retail asset located along a highly trafficked commercial corridor in Calumet Park. The property consists of a three-unit commercial building totaling approximately 7,035 square feet, offering investors immediate in-place income with significant upside through lease optimization and tenant repositioning. Strategically positioned on W. 127th Street, the property benefits from strong visibility, consistent vehicle traffic, and proximity to dense residential neighborhoods, making it an ideal location for service-oriented and neighborhood retail tenants. The surrounding retail corridor features a mix of national and local businesses, providing a stable commercial environment that supports long-term tenancy. The asset has undergone recent renovations, reducing near-term capital expenditure requirements while enhancing its appeal to prospective tenants. Additionally, the property offers ample on-site parking. Multi-Tenant Retail Asset – Three-unit configuration provides diversified income streams and reduces single-tenant exposure Strong In-Place Income with Upside – Existing cash flow with the opportunity to increase rents to market and improve overall returns – Value-Add Opportunity Ability to lease vacant or underutilized space and reposition tenant mix to maximize NOI – Recent Capital Improvements – Renovated building minimizes near-term maintenance costs and enhances tenant appeal Flexible Tenant Use Potential – Ideal for retail, medical, office, or service-oriented users, broadening leasing opportunities
Property Details
Price:
$499,999
MLS #:
MRD12602678
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
calumetpark
Listed Date:
Mar 26, 2026
Total Sq Ft:
7,035
Year Built:
1946
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2024
Taxes
$11,209
Map
Community
- Address1250 W 127th Street Calumet Park IL
- CityCalumet Park
- CountyCook
- Zip Code60827
Market Summary
Current real estate data for Commercial in Calumet Park as of Jun 17, 2026
4
Commercial Listed
145
Avg DOM
$2,208,750
Avg List Price
Property Summary
- 1250 W 127th Street Calumet Park IL is a Commercial for sale in Calumet Park, IL, 60827. It is listed for $499,999


