1234 W 127th Street Calumet Park, IL ^$ 625,000

1234 W 127th Street

^$ 625,000

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1234 W 127th Street

Calumet Park, IL, 60827

^$ 625,000

Bedrooms2 Baths0.0 Sq 6,000

Monthly Estimate*

^$ 3,899

1234 W 127th Street, Calumet Park, IL 60827 - Image 1

1234 W 127th Street, Calumet Park, IL 60827 - Image 2

1234 W 127th Street, Calumet Park, IL 60827 - Image 3

1234 W 127th Street, Calumet Park, IL 60827 - Image 4

1234 W 127th Street, Calumet Park, IL 60827 - Image 5

1234 W 127th Street, Calumet Park, IL 60827 - Image 6

Multi-Family Home for sale in Calumet Park, IL

for $625,000 with 2 bedrooms. This 6,000 square foot home was built in 1965 on a lot size of 0.13.

Pleased to present 1234 W 127th St. an 8 unit multifamily building in the Calumet Park neighborhood. The unit mix consists of (8) 2 bed 1 bath apartments. Capital Improvements Include: Modern kitchens and bathrooms. The Mechanical systems include: Separately metered electrical service, newer gas meters, and boiler systems / electrical baseboard heat. Cash flowing asset with the ability to increase rents.

Multi-Family Active

Price

^$ 625,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 15,435

Style

Lot Size

0.13

Year Built

1965

Town/City

Calumet Park

County/Region

Cook

MLS | Web ID

12504896

Features

General

Year Built 1965

Stories Count 2

Tax Year 2023

Gross Income 98895

County Cook

Net Operating Income 59060

Operating Expense 39835

Insurance Expense 4000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 2800

Status Active

Directions South on Elizabeth east on 127th st.

City Calumet Park

Number Of Units Total 8

MLS Area Calumet Park

Lot Size Square Feet 5837

Tax Annual Amount 15435

Electric Expense 472

Fuel Expense 3868

Trash Expense 1400

Water Sewer Expense 4140

Additional Parcels Y/N N

Standard Status Active

Cap Rate 9.45

Exterior

Building Area Total 6000

Lot Dimensions 57x100

Lot Size Acres 0.13

* Excluded Features

List By

Sperry Van Ness

Broker

David.Szymanowski@svn.com

Affordability Calculator

$5,185

Per Month

Monthly Principal & Interest: $3,899
Monthly Property Taxes: $1,286
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Calumet Park, IL

Average List Price ^$778,167

Percent of Sale Price 25%

About Calumet Park, IL

7,538 Population

-11% Since 2002

^$45,001 Median Income

37.1 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2025	$625,000		Listed Price

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1234 W 127th Street, Calumet Park, IL, 60827 is a Multi-Family Home for sale at $625,000 with 6,000 sqft and a lot size of 0.13. 1234 W 127th Street has 2 bedrooms, 0.0 baths, and was built in 1965. The property's zip code is 60827 which is in Calumet Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/12/2025.

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1234 W 127th Street

Multi-Family Home for sale in Calumet Park, IL

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