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$450,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,004 Sq. Ft.
  • Updated 2 hours ago
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Solid all-brick five-unit building in Calumet Park! The property features three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Enclosed staircases provide convenient interior access, while an asphalt parking pad in the rear offers off-street parking. A dedicated laundry/storage room includes a token-operated washer and dryer. A great opportunity to expand your investment portfolio!

Full Property Details for 12548 S Ashland Ave

General

  • Price: $450,000
  • HOA FEE: $400
  • Taxes: $12,165 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12771155
  • Updated: Today (10/12/2026)
  • Added to Site: Today

Rental Information

  • Lease/Rent Term: Month To Month

Location

  • Area: Calumet Park
  • County: Cook
  • Township: Calumet
  • Driving Directions: Halsted to 127th St. West to Ashland Ave. North to property.

Heating & Cooling

  • Cooling Type: Wall Sleeve
  • Heating Type: Gas, Hot Water

Utilities

  • Trash: 80

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Stories/Levels: 2
  • Square Feet: 5,004
  • Current Bldg. Use: Multi-Family
  • Year Built: 1961
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 5
  • Units w/Range/Oven: 5
  • # Dryers: 1

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 4,375
  • Lot Dimensions: 35 x 125
  • Potential Use: Commercial
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $400
  • Insurance Fee: $2,580
  • Operating Expenses: $21,205
  • Assessment Year: 1961
  • Tax Amount: $12,165.03
  • Tax Year: 2024
  • Tenant Pays: Electricity
  • Pays Electric: 960
  • Pays Trash: 80

Disclosures and Reports

  • Property ID: 25304160460000

Listed by @properties Christie's International Real Estate

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— 12548 S Ashland Ave —

  • @properties Christie's International Real Estate

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 12548 S Ashland Ave

School Districts:Calumet Public School District 132, Community High School District 218
NameGradesDistance
Burr Oak Elementary School, Calumet Park, IL
1440 West 125th Street, Calumet Park, IL 60827
3-50.2 mi
Burr Oak Academy
1441 West 124th Street, Calumet Park, IL 60827
PK-20.3 mi
Calumet Elementary School
1440 West Vermont Street, Calumet Park, IL 60827
6-80.8 mi
H L Richards High Sch(Campus)
10601 Central Avenue, Oak Lawn, IL 60453
9-125.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12548 S Ashland Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/12/2026
Listed
$450,000
81.82%
MLS
7/20/2021
Sold
$247,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12548 S Ashland Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,426
-27%
$4,825
-6%
2022
$3,309
4%
$5,152
—
2021
$3,191
2%
$5,152
—
2020
$3,138
3%
$5,152
-4%
2019
$3,057
-2%
$5,351
—
2018
$3,105
4%
$5,351
—
2017
$2,994
33%
$5,351
26%
2016
$2,259
4%
$4,234
—
2015
$2,166
-1%
$4,234
—
2014
$2,192
-4%
$4,234
-17%
2013
$2,277
2%
$5,102
—
2012
$2,239
—
$5,102
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by @properties Christie's International Real Estate

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12548 S Ashland Avenue, Calumet Park, IL 60827 (MLS# 12771155) is a Commercial property. 12548 S Ashland Avenue is currently listed for $450,000 and was received on October 12, 2026. Want to learn more about 12548 S Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in Calumet Park? You can browse all Calumet Park real estate or contact a Coldwell Banker agent to request more information.

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