1968 Sibley Blvd Calumet City, IL 60409-2115
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.
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Pete’s Freash Produce Market Grocery & Convenience Store Food Market
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TRTC Testosterone Replacement Therapy Clinic Health Counselor
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Pete's Fresh Market #7 - Calumet City Specialty Food Shop Supermarket
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.