12623 Lincoln Street

Calumet Park, IL 60827

$650,000
Price
12
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

9+ CAP - Exclusive opportunity to purchase these multi-family investment properties located at 12619 and 12623 S Lincoln Street in Calumet Park, IL. 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...9+ CAP - Exclusive opportunity to purchase these multi-family investment properties located at 12619 and 12623 S Lincoln Street in Calumet Park, IL. 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.
  1. Listed by Anthony Spangler • Horvath & Tremblay IL, LLC

Property Details for 12623 Lincoln Street

Area
Calumet Park
LISTING UPDATED: 11/11/2024 10:54 AM

Property Details for 12623 Lincoln Street

StatusNew
MLS #12207753
Days on Market3
Taxes$16,947 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1971
Lot Size0.13 AC / 5,662 SF
CountyCook County

Building Information for 12623 Lincoln Street

Stories2Residences8Year Built1971Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 12623 Lincoln Street

General Information
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gas,Radiators,Baseboard,Radiant
  • Num of Baths: 8.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Exterior Entrance,Garden Complex
  • Lot Dimensions: 50X170
  • Stories: 2
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 16
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $538.00
  • Fuel Expense: $3,076.00
  • Gross Income: $99,210.00
  • Gross Scheduled Income: $99,210.00
  • Insurance Expense: $5,585.00
  • Maintenance Expense: $2,800.00
  • Janitor Expense: 0
  • Total Monthly Income: 8267
  • Net Operating Income: $61,542.00
  • Operating Expense: $37,667.00
  • Other Expense: $1,000.00
  • Trash Expense: $1,235.00
  • Water Sewer Expense: $6,485.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 12623 Lincoln Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12623 Lincoln Street

Taxable ValueLand$656Additions-Total$656
Tax Record2022$421 ($35 / month)
Home Facts
Beds0Lot Size1,250 SqFtStyleMiscellaneous Vacant LandCountyCOOKAPN25-30-418-045

Schools near 12623 Lincoln Street

This home is within Chsd 218 School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Burr Oak Academy
PublicPK to 2

Calumet Elementary School
Public6 to 8

A B Shepard High School (Campus)
Public9 to 12

Burr Oak Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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12623 Lincoln Street is a multi-family home for sale in Calumet Park, IL 60827. This property was listed for sale on November 11, 2024 by Horvath & Tremblay IL, LLC, it's currently listed at $650,000. It has been on the market for a total of 3 days and was last sold on June 8, 2015. This listing's school districts are Chsd 218 School District, Calumet Public School District 132. Nearby schools include Burr Oak Academy, Calumet Elementary School and A B Shepard High School (Campus). 12623 Lincoln Street is a 12-bed, 8-bath, multi-family home built in 1971.

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Listing Courtesy of Horvath & Tremblay IL, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/11/2024 10:54 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.