1401 W 127th Street, Calumet Park IL

Shopping Center for Sale - $3,150,000


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Agent Info

NameChad Arthur

Property Info

CIMLS #947197
Location1401 W 127th Street
Calumet Park IL 60827
Last UpdatedSeptember 15th, 2017
TypeShopping Center
Price$3,150,000

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Property Description

Strong cash flow with some additional upside.

Very strong retail market

Location Description:

Calumet Park Plaza is a 15,027 square foot strip center located on 127th Street ( Obama Drive) in Calumet Park, a south suburb bordering the city of Chicago. Built in 2009 of quality construction, the center features 10 units, ample parking with 50 spaces and a large pylon sign. Excellent exposure and easy accessibility. Corner location with three curb cuts and a traffic light.

Prime Location on a high traffic street in a densely populated area with 18,000 vehicles per day passing the center. Bus services runs directly to site. Located 1/2 mile from the full interchange at interstate 57 & Metra train station.

Highlights:

>> Newer building; built in 2009

>> 90% occupied

>> Great curb appeal.

>> Strong population density and traffic


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