Property Listing No Longer Available for Sale

12510 S. Lincoln Ave., Calumet Park, IL

Multi-family for Sale - $350,000 - 12,000 Sq. Ft.

Property Info

  12510 S. Lincoln Ave.
  Calumet Park IL 60827
UpdatedAugust 30th, 2013
Building12,000 Sq. Ft.

Property Description

16 unit building in easy to rent Cal Park Area, next to I-57. Offers good cash flow with the potential to increase by installing laundry equipment and charging for parking. This property is part of four-building, 60-unit portfolio that includes: 12500 S. Lincoln, 1200 W. 127th and 1234 W 127th.

Location Description:

South Suburban


>> Lots of updates within last 12 months.

>> Listed at approx. 50% discount of current comparables.

>> Unit layouts are 8 one-bedrooms, and 8 Studios.

>> Part of portfolio opportunity - three other buildings within 1/2 mile.

>> Pro Forma Cap & NOI reflect a conservative 25% vacancy loss!

* Email for additional photos


Sales Info:

>> Commision split: 2.5%

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