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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1968 Sibley Blvd Calumet City, IL 60409-2115

Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-3908422
Property summary
AI-generated overview

This exceptional retail outlot opportunity in Calumet City, Cook County, presents a unique investment prospect. Situated on approximately one acre at a signalized corner along Sibley Boulevard (Route 83), just east of the I-94 and Sibley interchange, this location boasts exceptional visibility and accessibility. The site benefits from extremely high traffic volume, with 130,000 vehicles per day (VPD) at the interchange and 30,000 VPD along Sibley Boulevard itself. The property includes an existing outlot building that is currently 100% leased, providing immediate income potential. Furthermore, there's potential for new construction of up to 16,200 square feet of junior box space. The site is grocery-anchored by Pete's Fresh Market, enhancing its appeal to potential tenants and customers. The total building square footage of the existing structure and potential new construction is 82,000 square feet. This multi-tenant property offers a compelling combination of existing income and significant future development potential in a high-traffic location. The property's strategic location and strong anchor tenant make it an ideal investment for those seeking a high-return retail opportunity. This is a rare opportunity to acquire a prime retail outlot in a thriving commercial area.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
APN 29-12-128-036
UPID US28-3908422
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pete’s Freash Produce Market Grocery & Convenience Store Food Market
  • TRTC Testosterone Replacement Therapy Clinic Health Counselor
  • Pete's Fresh Market #7 - Calumet City Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
4938 South Kedzie LLC · 6 yrs held
4938 South Kedzie LLC
since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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