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16-Unit Apartment Building
For Sale
Contact for pricing
Pending

450 Sibley Blvd, Calumet City, IL 60409

California-style apartment property with a consistent one-bedroom, one-bathroom unit layout.

Property SizeContact for details
Days on Market147

Property Features for 450 Sibley Blvd

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 16 x 1BR/1BA
Multifamily Units 16

Building Details

Construction California Style
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Thomas Heitzman · License #IL 475173512
Source: Crexi
Added: Apr 12 Changed: Sep 3 Last Checked: Sep 4 at 8:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This California-style apartment property contains 16 residential units, each configured with one bedroom and one bathroom. The consistent floor plan supports a straightforward multifamily layout and property profile.

The building is located at 450 Sibley Boulevard in Calumet City, Illinois. It sits approximately 4 miles northeast of Hammond, Indiana, and about 21 miles southeast of Downtown Chicago, placing the property within reach of both nearby regional centers.

Key Highlights

  • 16 units, each with 1 bedroom and 1 bathroom
  • California‑style apartment property
  • Located at 450 Sibley Blvd, Calumet City, IL 60409

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Cafe & Coffee Shop Carpet & Flooring Store

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

869
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - California-style apartment property with a consistent one-bedroom, one-bathroom unit layout.
Where is this apartment building located?
The property is located at 450 Sibley Blvd Calumet City, IL.
What are key features of this property?
This property features: 16 units, each with 1 bedroom and 1 bathroom; California‑style apartment property; Located at 450 Sibley Blvd, Calumet City, IL 60409
More about this property
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