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Shopping Strip

Calumet City Strip Center

636 Sibley Blvd, Calumet City, IL 60409

Listing Price: $1,300,000

Cap Rate
9.15%
Gross SF
16,900
Rentable SF
16,900
Price/Gross SF
$76.92
Lot Size
1.19 acres
Year Built
2007

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 100 percent occupied Chicagoland shopping center with excellent historical occupancy. The Property is located at the hard corner of Sibley Blvd and Burnham Ave providing direct access and visibility to more than 32,000 Vehicles Per Day.

The Property is anchored by Little Tots Daycare, who has been at the property for more than 15 years and has expanded multiple times. The Property consists of three retail strip centers featuring ?ve points of egress/ingress. Little Tots recently exercised another 5-year option extending their lease through 2029.

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

  • Long Tenured Anchor Tenant With Little Tots Daycare Anchoring The Property For More Than 15-Years
  • Located At Hard Corner With Direct Access And Visibility To More Than 32,000 Vehicles Per Day
  • 100 Percent Occupied Retail Strip Center Located In Dense Chicago Suburbs With More Than 100,000 Residents In A Three-Mile Radius

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Shopping Strip

Calumet City Strip Center

Listing Price: $1,300,000

Cap Rate
9.15%
Gross SF
16,900
Rentable SF
16,900
Price/Gross SF
$76.92
Lot Size
1.19 acres
Year Built
2007

Investment Highlights

  • Long Tenured Anchor Tenant With Little Tots Daycare Anchoring The Property For More Than 15-Years
  • Located At Hard Corner With Direct Access And Visibility To More Than 32,000 Vehicles Per Day
  • 100 Percent Occupied Retail Strip Center Located In Dense Chicago Suburbs With More Than 100,000 Residents In A Three-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 100 percent occupied Chicagoland shopping center with excellent historical occupancy. The Property is located at the hard corner of Sibley Blvd and Burnham Ave providing direct access and visibility to more than 32,000 Vehicles Per Day. The Property is anchored by Little Tots Daycare, who has been at the property for more than 15 years and has expanded multiple times. The Property consists of three retail strip centers featuring ?ve points of egress/ingress. Little Tots recently exercised another 5-year option extending their lease through 2029. 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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