Price Reduction
Address
1652 Sibley Boulevard, Calumet City, IL
Price
$ 350,000
Property Attributes
- MLS#12034771
- TypeCommercial
- CountyCOOK
- CityCalumet City
- AreaCalumet City
- NeighborhoodGreenwood
- Zip60409
- StyleCommercial
- Year Built1968
- Taxes$ 39628
- Price$ 350,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5202
- Lot Size0.358701 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Prime corner location in a bustling commercial area, boasting high traffic counts and excellent walk-in foot traffic. All three stores are currently leased to long-term tenants, ensuring consistent rental income. This presents a fantastic opportunity to own and occupy the building, leveraging rental income to cover mortgage expenses. Benefit from the convenience of a basement for additional storage space.
| Price History | |
|---|---|
| 4/20/2024 | Listed $389,900 |
| 5/4/2024 | 11% - $350,000 |
General Features
| Cooling | Central Air,Zoned |
|---|---|
| Utilities | Electric to Site,Gas to Site,Water-Municipal,Water to Site |
| Possession | Closing |
| Roof | Membrane |
| Zoning | RTAIL |
| Construction Materials | Brick |
| Year Built | 1968 |
| Electric | Circuit Breakers |
| Tenant Pays | Electricity,Heat,Janitorial Service,Scavenger,Sewer,Varies by Tenant |
| Stories | 1 |
| Township | Thornton |
| Property SubType | Strip Center |
| Tax Year | 2022 |
| Current Use | Commercial |
| Gross Income | 72600 |
| County | Cook |
| Net Operating Income | 32972 |
| Operating Expense | 40668 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Bishop Ford Expressway to Sibley Blvd. East to property on North side of road. |
| City | Calumet City |
| Total Units | 3 |
| MLS Area | Calumet City |
| Lot Size Square Feet | 15625 |
| Street Name | Sibley |
| Tax Annual Amount | 39628 |
| Additional Parcels Y/N | Yes |
| Days on Market | 19 |
| Lease Type | Gross |
| Standard Status | Active |
| Property Type | Retail/Stores |
Interior Features
| Flooring | Concrete,Tile,Other |
|---|---|
| Street Suffix | Boulevard |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 5202 |
| Lot Dimensions | 125 X125 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60409
Price
Taxes
Visits
Year Built
