5100 127Th St Alsip, IL 60803

This exceptional Class A mixed-use property in Alsip, Illinois, presents a compelling investment opportunity. The 9,962 square foot building boasts a fully leased status with a strong 6.76% cap rate and a substantial net operating income (NOI) of $145,317 in 2024. The property features approximately 6,354 square feet of main floor office space, meticulously finished with a Class A build-out, and three apartments on the second floor totaling approximately 3,608 square feet (one 2-bedroom and two 1-bedroom units). The building benefits from prominent monument signage and ample parking with 14 spaces. Its strategic location adjacent to the Cicero Avenue/I-294 four-way interchange ensures high visibility and accessibility. The property sits on a sizable 13,752 square foot lot, offering potential for future expansion. The current leases are absolute NNN, with four tenants under a multi-tenant agreement, expiring January 31, 2027. This stabilized investment offers a rare combination of strong income, prime location, and significant upside potential. The mixed-use nature of the property results in lower taxes compared to solely commercial properties.