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Calumet Park 52-Unit, 4 Bldg Portfolio 4 Multifamily Properties Offered at $5,025,312 CAD in Calumet Park, IL
INVESTMENT HIGHLIGHTS
- Strong Location
- Low In-Place Rents (10%-15%) upside
- High Quality Renovations
EXECUTIVE SUMMARY
SVN is pleased to present a 4-building 52 Unit Multifamily opportunity located in the strong Calumet Park neighborhood of the Chicago South Suburbs. The desirable unit mix consists of (16) Spacious Studios, (28) 1 Bed 1 Bath, (8) 2 Bed 1 Bath apartments.
Major Capital Improvements include: The majority of the units are recently renovated with 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 that are heated through electrical baseboard heat throughout the portfolio. The majority of the portfolio is equipped with ample parking spaces.
Option to purchase the entire portfolio or acquire 12500–12510 S. Lincoln Street, 1200 W. 127th Street, and/or 1234 W. 127th Street individually.
Major Capital Improvements include: The majority of the units are recently renovated with 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 that are heated through electrical baseboard heat throughout the portfolio. The majority of the portfolio is equipped with ample parking spaces.
Option to purchase the entire portfolio or acquire 12500–12510 S. Lincoln Street, 1200 W. 127th Street, and/or 1234 W. 127th Street individually.
PROPERTY FACTS
| Price | $5,025,312 CAD | Number of Properties | 4 |
| Price / SF | $110.20 CAD / SF | Individually For Sale | 3 |
| Sale Type | Investment | Total Building Size | 45,600 SF |
| Status | Active | Total Land Area | 0.69 AC |
| Price | $5,025,312 CAD |
| Price / SF | $110.20 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 3 |
| Total Building Size | 45,600 SF |
| Total Land Area | 0.69 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1200 W 127th St, Calumet Park, IL 60827 | Multifamily | 16,200 SF | 1964 | $1,221,430 CAD |
| 12510 S Lincoln St, Calumet Park, IL 60827 | Multifamily | 12,000 SF | 1966 | - |
| 12500 S Lincoln St, Calumet Park, IL 60827 | Multifamily | 10,200 SF | 1966 | $2,931,432 CAD |
| 1234 W 127th St, Calumet Park, IL 60827 | Multifamily | 7,200 SF | 1965 | $872,450 CAD |
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Calumet Park 52-Unit, 4 Bldg Portfolio
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