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Renovated Mixed-Use Property
For Sale
$194,500

1475 Sibley Boulevard, Calumet City, IL 60409

Commercial Sale, Calumet City, IL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market474

Property Features for 1475 Sibley Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions 2 blocks West of Torrence on corner of Sibley & Calhoun
Subdivision Calumet City
Standard status Active
APN 29124060370000
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5189

Utilities

Cooling system Central Air

Building Details

Year built 1961
Floors in Building 1
Number of units 2
Flooring type Tile, Wood, Vinyl
Building materials Brick
Roof type Composition
Listing Agency: HomeSmart Realty Group · HomeSmart International
Listed By: Telly Rayford · License #475164881
Added: May 16, 2025 Changed: Aug 20 Last Checked: Sep 1 at 9:06AM
MLS# 12368071

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick mixed-use property combines a renovated commercial unit with a separate residential apartment. The front space includes three offices, a kitchen and breakroom, a waiting area, and an updated bathroom. Improvements include upgraded electrical, plumbing, heating, air conditioning, windows, and concrete around the building. Tile, wood, and vinyl flooring are used throughout, with a composition roof and central air conditioning.

The rear unit is an updated two-bedroom, one-bath apartment currently leased through the end of September. Three off-street parking spaces are located behind the building, with additional street parking available. Built in 1961 and zoned COMMR, the property is positioned on Sibley Boulevard in Calumet City.

Key Highlights

  • Renovated commercial unit with three offices, kitchen/breakroom, waiting area, and updated bathroom
  • Updated 2‑bedroom, 1‑bath rear apartment rented through the end of September
  • Upgraded electrical, plumbing, heating, A/C, and windows

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 60409, IL

36,045
Population
16,868
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
88%
High-School Grad
7.7 sq mi
ZIP Area
4,681
Density / Sq Mi
$53,991
Median Household Income
$37,389
Median Earnings
$1,138
Median Rent
$133,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Updated commercial and residential units provide flexible occupancy options with rear parking and central air conditioning.
Where is this mixed-use property located?
The property is located at 1475 Sibley Boulevard Calumet City, IL.
What is the asking price?
The asking price for this property is $194,500.
What are key features of this property?
This property features: Renovated commercial unit with three offices, kitchen/breakroom, waiting area, and updated bathroom; Updated 2‑bedroom, 1‑bath rear apartment rented through the end of September; Upgraded electrical, plumbing, heating, A/C, and windows
More about this property
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