12601 S Winchester Ave — Sale in Calumet Park, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Calumet Park, IL 60827
Photos
Investment Figures
- Cap rate
- 8.03%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap have been selected to exclusively market for sale a 12-unit multifamily property at 12601 South Winchester Avenue in Calumet Park, Illinois. This investment offers an investor the opportunity to acquire a well-maintained asset from a long-term owner with significant upside in rents. Investment Highlights: • Flexicore Construction • Long-Term Owners • Ample Off-Street Parking and On-Site Laundry Facility • One-Half Mile North of the Burr Oak Metra Station • PACE Bus Stops Located Footsteps Away on 127th Street
Market Context
This multifamily in Calumet Park, IL is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Calumet Park, IL — view the full market.
As of Q1 2026, the Chicago multifamily market showed average asking rents near $2018.50/unit/mo, and rents up 3.1% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Contact
- Ryan Engle · (630) 570-2230 · ryan.engle@marcusmillichap.com
- Andrean Angelov · (630) 570-2232 · andrean.angelov@marcusmillichap.com
- Trent Nicioli · (630) 570-2269 · trenton.nicioli@marcusmillichap.com
Explore this market
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