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1652 Sibley Blvd

5,202 SF 100% Leased Retail Building Calumet City, IL 60409 $250,000 ($48/SF) 9.60% Cap Rate

Mixed Use Properties Illinois Calumet City 1652 Sibley Blvd, Calumet City, IL 60409

Investment Highlights

  • Occupied by established long-term tenants providing a secure investment opportunity.
  • Premier corner location in a vibrant commercial hub.
  • Spacious basement for extra storage capacity.

Executive Summary

This property is situated in a prime corner location within a highly active commercial district, renowned for its high traffic counts and excellent walk-in foot traffic. The building currently houses three stores, all leased to long-term tenants, providing a reliable and steady stream of rental income. This presents a fantastic opportunity for potential owners to occupy the building while utilizing rental income to offset mortgage expenses. Additionally, the property includes a convenient basement space, ideal for additional storage. Don't miss out on this unique opportunity to invest in a high-demand location with built-in income potential.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,202 SF
Building Class
B
Year Built
1968
Price
$250,000
Price Per SF
$48
Cap Rate
9.60%
NOI
$24,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.36 AC
Parking
21 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
120 FT on Sibley Blvd
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Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Pete's Market
Harold's Chicken
Dotty's
BMO
Huntington National Bank
Schoop's Hamburgers
U.S. Bank

PROPERTY TAXES

Parcel Number 29-12-226-025-0000 Improvements Assessment $15,936
Land Assessment $2,344 Total Assessment $18,280

PROPERTY TAXES

Parcel Number
29-12-226-025-0000
Land Assessment
$2,344
Improvements Assessment
$15,936
Total Assessment
$18,280
(773) 396-4833

Contact

  • Listing ID: 31706547

  • Date on Market: 5/4/2024

  • Last Updated:

  • Address: 1652 Sibley Blvd, Calumet City, IL 60409

More public record information on 1652 Sibley Blvd, Calumet City, IL 60409

The Retail Property at 1652 Sibley Blvd, Calumet City, IL 60409 is currently available for sale. Contact Mega USA Properties, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1652 Sibley Blvd
(773) 396-4833 x

1652 Sibley Blvd

Adrianne Han

(773) 396-4833

(773) 396-4833

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