POA
Description

Seize your chance in Calumet Park—this prime property is for sale!

House - Chicago IL

Seize your chance in Calumet Park—this prime property is for sale!

PROPERTY DETAILS

Investors, developers, and small business owners: Don’t miss out on this prime redevelopment opportunity at 1206 W 127th St, Calumet
Park! This 1,959 sq ft commercial building, built in 1961, sits on a 2,500 sq ft lot and is ready for a complete gut rehab. Located between I-57 and I-94,
this high-visibility property offers excellent access to major expressways and public transportation, including CTA and Metra Electric, making it
convenient for commuters and clients alike. The building’s strategic location in a growing commercial corridor is complemented by daily traffic counts
of over 16,500 vehicles on nearby Ashland Ave, offering significant exposure to potential customers and tenants. The area is experiencing exciting
revitalization with new developments, attracting businesses and residents, making this property a prime location for small business owners, service
providers, and developers looking to expand or start a new project. As part of a Tax Increment Financing (TIF) district, developers may also benefit
from financial incentives for redevelopment, further enhancing the appeal of this investment. Whether you’re envisioning retail, office spaces, or a
mixed-use development, the possibilities are endless. The surrounding community includes local businesses, schools, and a growing residential
population, offering a built-in customer base for future businesses. This is your opportunity to invest in Calumet Park’s rising commercial market and
build a property that serves the evolving needs of the area. Property sold as-is. Bring your architect and contractor to explore the limitless possibilities.

KEY DETAILS:

 

  • Sale Price: $50,000
  • Type: Commercial building
  • Size: 1,959 sq ft on a 2,500 sq ft lot
  • Year Built: 1961
  • Condition: Ready for complete rehab
  • Accessibility: High visibility; between I-57 and I-94; near CTA and Metra Electric
  • Zoning: TIF district; potential financial incentives

Broker

MOHALL COMMERCIAL AND URBAN DEVELOPMENT

OFFER MEMORANDUM

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PHOTO GALLERY

Property Features
  • House
  • Built 1900
  • Land is 8,929 square
  • Floor Area is 3,929 square