Property profile

1652 Sibley Blvd Calumet City, IL 60409

OFF-MARKET
Retail properties & Spaces
5,202 SF 0.36 ac lot Built 1968
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1968
Total area 5,202 SF
Lot 0.36 ac (15,682 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

1652 Sibley Blvd Calumet City, IL 60409
Calumet City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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