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12619 & 12623 Lincoln Street

2 Residential Properties Offered at £1,025,700 in Calumet Park, IL

Investment Highlights

  • Superior Location
  • Strong Demographics
  • Value-Add Potential

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 12619 and 12623 S Lincoln Street in Calumet Park, Illinois (the “Property”). The Property consists of two adjacent two-story brick buildings and contains sixteen (16) residential units comprised of eight (8), 2-Bedroom/1-Bathroom unit and eight (8), 1-Bedroom/1-Bathroom units with 13,500 square feet of living area in 15,000 square feet of total area on a combined 0.26-acres of land. The Property is situated along S Lincoln Street in the center of a dense residential neighborhood and 0.3-miles from W 127th Street, a heavily travelled commercial corridor and 0.8-miles from Western Avenue, the area’s primary North-South roadway and commercial corridor. The location offers convenient access to grocers, restaurants, retail amenities, and outdoor activities. 12619 and 12623 S Lincoln Street are ideally positioned for commuters with quick and convenient access to public transportation including Metra commuter rail service on the Metra Electric and Rock Island District lines, bus service on CTA and Pace bus lines, as well as Interstate 57. Calumet Park is a city in the southern end of Cook County, 15 miles south of the Chicago Loop and offers convenient access to the city via Interstates and public transit.

Property Facts

Price £1,025,700
Price / SF £47.75 / SF
Net Initial Yield 7.83%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 21,480 SF
Total Land Area 0.26 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
12619 S Lincoln St, Calumet Park, IL 60827 Residential 10,740 SF - -
12623 S Lincoln St, Calumet Park, IL 60827 Residential 10,740 SF 1972 -
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  • Listing ID: 33856233

  • Date on Market: 13/11/2024

  • Last Updated:

  • Address: 12619 & 12623 Lincoln Street, Calumet Park, IL

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