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Shopping Neighborhood

Auction - Calumet City Shopping Center | 2007 Built | $131K NOI | 32K Traffic Count

636 Sibley Blvd, Calumet City, IL 60409

Listing Price: $400,000

Rentable SF
16,900
Lot Size
1.19 acres
Year Built
2007

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a 100% occupied Chicagoland shopping center with excellent historical occupancy. The Property is located at the hard corner of Sibley Blvd and Burnham Avenue providing direct access and visibility to more than 32,000 vehicles per day.

Constructed in 2007, the Property consists of three single-story buildings totaling 16,900 square feet positioned on 1.19 acres. The Property offers 64 surface parking spaces, building signage, and five points of ingress/egress. The Property benefits from strong historical occupancy and is anchored by Little Tots Daycare, who has been at the property for more than 15 years and has expanded multiple times.

Located less than 20 miles from downtown Chicago, the Property bene?ts from its strategic neighborhood location with more than 100,000 residents in a 3-mile radius. This neighborhood retail provides ease and convenience for residents, which has helped Little Tots Daycare thrive for nearly two decades.

Investment Highlights

  • STARTING BID $400,000 | $131k NOI | AUCTION NOVEMBER 13-15, 2023
  • 100% Occupied Retail Strip Center in Dense Chicago Suburb
  • Long Tenured Anchor Tenant with Little Tots Daycare Anchoring the Property for More Than 15 Years
  • Year 1 NOI of $131,714
  • Located At Signalized Hard Corner with Direct Access and Visibility to More Than 32,000 Vehicles Per Day
  • Positioned in a Dense Residential Area with 240,487 People and an Average Household Income of $64,329 within a 5-mile Radius
  • Federal Opportunity Zone

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Shopping Neighborhood

Auction - Calumet City Shopping Center | 2007 Built | $131K NOI | 32K Traffic Count

Listing Price: $400,000

Rentable SF
16,900
Lot Size
1.19 acres
Year Built
2007

Investment Highlights

  • STARTING BID $400,000 | $131k NOI | AUCTION NOVEMBER 13-15, 2023
  • 100% Occupied Retail Strip Center in Dense Chicago Suburb
  • Long Tenured Anchor Tenant with Little Tots Daycare Anchoring the Property for More Than 15 Years
  • Year 1 NOI of $131,714
  • Located At Signalized Hard Corner with Direct Access and Visibility to More Than 32,000 Vehicles Per Day
  • Positioned in a Dense Residential Area with 240,487 People and an Average Household Income of $64,329 within a 5-mile Radius
  • Federal Opportunity Zone

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a 100% occupied Chicagoland shopping center with excellent historical occupancy. The Property is located at the hard corner of Sibley Blvd and Burnham Avenue providing direct access and visibility to more than 32,000 vehicles per day. Constructed in 2007, the Property consists of three single-story buildings totaling 16,900 square feet positioned on 1.19 acres. The Property offers 64 surface parking spaces, building signage, and five points of ingress/egress. The Property benefits from strong historical occupancy and is anchored by Little Tots Daycare, who has been at the property for more than 15 years and has expanded multiple times. Located less than 20 miles from downtown Chicago, the Property bene?ts from its strategic neighborhood location with more than 100,000 residents in a 3-mile radius. This neighborhood retail provides ease and convenience for residents, which has helped Little Tots Daycare thrive for nearly two decades.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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