Multifamily

450 Sibley Blvd

450 Sibley Blvd, Calumet City, IL 60409

Listing Price: $700,000

Cap Rate
8.47%
Number of Units
16
GRM
6.03
Occupancy
92.0%
Price/Unit
$43,750
Price/Gross SF
$97.22
Gross SF
7,200

Investment Overview

Marcus & Millichap is pleased to present 450 Sibley Boulevard located in Calumet City, Illinois. The subject property is composed of 16 1-Bedroom/1-Bathroom units, and is a California Style property making it an easy to manage asset. The property is located in Calumet City, roughly 4 miles northeast of Hammond, Indiana, and roughly 21 miles southeast of Downtown Chicago.

Investment Highlights

  • 16 One-Bed/One-Bath Units
  • Upside in Rents
  • California Style Property
  • High Occupancy Through Covid-19

Exclusively Listed By

Listing Price: $700,000

Cap Rate
8.47%
Number of Units
16
GRM
6.03
Occupancy
92.0%
Price/Unit
$43,750
Price/Gross SF
$97.22
Gross SF
7,200

Investment Highlights

  • 16 One-Bed/One-Bath Units
  • Upside in Rents
  • California Style Property
  • High Occupancy Through Covid-19

Investment Overview

Marcus & Millichap is pleased to present 450 Sibley Boulevard located in Calumet City, Illinois. The subject property is composed of 16 1-Bedroom/1-Bathroom units, and is a California Style property making it an easy to manage asset. The property is located in Calumet City, roughly 4 miles northeast of Hammond, Indiana, and roughly 21 miles southeast of Downtown Chicago.

Exclusively Listed By

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