1652 Sibley Blvd, Calumet City, IL 60409

This exceptional Calumet City, Illinois retail property at 1652 Sibley Blvd presents a compelling owner-user or investment opportunity. The 5,202 square foot building, constructed in 1968, sits on a 0.36-acre lot and boasts a desirable Class B rating. Currently featuring multiple tenants with long-term leases, this property offers consistent rental income, making it an ideal owner-user scenario where rental income can offset mortgage expenses. The building's prime corner location in a high-traffic commercial area ensures excellent walk-in foot traffic. Additional benefits include ample parking (4.2 spaces per 1,000 sq ft) and a basement providing valuable storage space. The property is zoned Central and features a convenient 81 Walk Score and a 31 Transit Score. The asking price is $350,000, translating to a price per square foot of $67.28 and an attractive 8.57% cap rate. The APN is 29-12-226-025-0000. This is a rare chance to acquire a well-situated, income-producing retail property in a thriving commercial area.