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Multifamily

Calumet Court Apartments

12700 S Aberdeen St, Calumet Park, IL 60827

Listing Price: $2,950,000

Cap Rate
7.46%
Number of Units
60
GRM
5.02
Occupancy
96.0%
Price/Unit
$49,167
Price/Gross SF
$62.47
Gross SF
47,225

Investment Overview

The Calumet Court Apartments are located in Calumet Park, Illinois. The property consists of six buildings totaling 60 apartment units with 38 one-bedroom, 21 two-bedroom and one studio apartment in the complex. Each of the six buildings is heated with a hot water baseboard heat system and central hot water heaters. Recent improvements include three new roofs, all new gutters, new windows, three hot water heaters, and three boilers. The apartment units are large and spacious with eat-in kitchens, and each apartment has a balcony or walk-out patio. Additional features include ceiling fans, sleeve A/C units, on-site laundry facilities, secured entry system, exterior security cameras, and off street parking. Calumet Park is approximately 20 miles south of the Chicago Loop. The Calumet Court Apartments benefit from good visibly along 127th Street. The property conveniently located near public transportation, shopping, expressways and schools.

Investment Highlights

  • All Units Have Balconies or Patios
  • Great Unit Mix of 1 and 2 Bedroom Apartments
  • Many Recent Capital Improvements

Exclusively Listed By

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): IA: S58247000, WI: 15869-090, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

  • Samuel McCarthy

    Senior Associate

    (630) 570-2233

    Email Samuel

    License(s): IL: 475.176464

    Chicago Oak Brook

Listing Price: $2,950,000

Cap Rate
7.46%
Number of Units
60
GRM
5.02
Occupancy
96.0%
Price/Unit
$49,167
Price/Gross SF
$62.47
Gross SF
47,225

Investment Highlights

  • All Units Have Balconies or Patios
  • Great Unit Mix of 1 and 2 Bedroom Apartments
  • Many Recent Capital Improvements

Investment Overview

The Calumet Court Apartments are located in Calumet Park, Illinois. The property consists of six buildings totaling 60 apartment units with 38 one-bedroom, 21 two-bedroom and one studio apartment in the complex. Each of the six buildings is heated with a hot water baseboard heat system and central hot water heaters. Recent improvements include three new roofs, all new gutters, new windows, three hot water heaters, and three boilers. The apartment units are large and spacious with eat-in kitchens, and each apartment has a balcony or walk-out patio. Additional features include ceiling fans, sleeve A/C units, on-site laundry facilities, secured entry system, exterior security cameras, and off street parking. Calumet Park is approximately 20 miles south of the Chicago Loop. The Calumet Court Apartments benefit from good visibly along 127th Street. The property conveniently located near public transportation, shopping, expressways and schools.

Exclusively Listed By

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): IA: S58247000, WI: 15869-090, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

  • Samuel McCarthy

    Senior Associate

    (630) 570-2233

    Email Samuel

    License(s): IL: 475.176464

    Chicago Oak Brook

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