317-709-1682
1604-1618 Sibley Blvd, Calumet City, IL for Sale
Storefront - FOR SALE
1/3
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1604-1618 Sibley Blvd
Calumet City, IL 60409


OVERVIEW

The retail property at 1604-1618 Sibley Boulevard, encompassing 9,900 square feet, is strategically situated in the bustling Chicago suburb of Calumet City. This prime location on Sibley Boulevard, a corridor with a daily traffic count of 31,000 vehicles, ensures exceptional visibility and offers direct access to the I-94, enhancing its connectivity. Presently, the building boasts 100% occupancy, with a diverse tenant roster that includes professional office users and retailers serving the local community. For discerning investors, this asset represents a robust investment opportunity, characterized by its ability to generate strong cash flow from a stable base. The property’s advantageous positioning in a busy Chicago submarket further bolsters its potential for significant rental growth and underscores its redevelopment prospects. This combination of factors—strategic location, 100% occupancy, and redevelopment potential—makes the property an attractive proposition for those seeking to capitalize on the dynamic real estate landscape, offering both immediate returns and future growth opportunities. Owner Termination Rights - Fast termination options would allow a buyer to capture new market opportunities in an inexpensive manner

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tri City

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

B

APN/PARCEL ID

29-12-227-025-0000,29-12-227-026-0000,29-12-227-027-0000,29-12-227-028-0000,29-12-227-029-0000,29-12-227-030-0000,29-12-227-031-0000

ASK ABOUT THIS PROPERTY

Joseph CoombesMarket Commercial Real EstateMore Info
317-709-1682

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Joseph CoombesMarket Commercial Real EstateMore Info
317-709-1682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.