For Lease
$100,000/SF/YR

1968 Sibley Blvd Calumet City, IL 60409

Grocery-anchored, high-traffic retail space available.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional retail outlot opportunity in Calumet City, Cook County, presents a unique investment prospect. Situated on approximately one acre at a signalized corner along Sibley Boulevard (Route 83), just east of the I-94 and Sibley interchange, this location boasts exceptional visibility and accessibility. The site benefits from extremely high traffic volume, with 130,000 vehicles per day (VPD) at the interchange and 30,000 VPD along Sibley Boulevard itself. The property includes an existing outlot building that is currently 100% leased, providing immediate income potential. Furthermore, there's potential for new construction of up to 16,200 square feet of junior box space. The site is grocery-anchored by Pete's Fresh Market, enhancing its appeal to potential tenants and customers. The total building square footage of the existing structure and potential new construction is 82,000 square feet. This multi-tenant property offers a compelling combination of existing income and significant future development potential in a high-traffic location. The property's strategic location and strong anchor tenant make it an ideal investment for those seeking a high-return retail opportunity. This is a rare opportunity to acquire a prime retail outlot in a thriving commercial area.

Highlights

  • Grocery-anchored retail outlot with Pete's Fresh Market.
  • One acre site with one available space.
  • Located at a signalized corner on Sibley Blvd (Route 83), east of I-94 & Sibley interchange, high traffic count (130,000 VPD).
  • Sibley Blvd traffic count: 30,000 VPD.
  • Potential for up to 16,200 SF of new junior box construction.
  • Existing outlot building is 100% leased.

Property Details for 1968 Sibley Blvd

Property type
Retail properties, Retail space
RSF (Rentable sq. ft)
82,000 SF

Unit(s) available at that property

Space
Available Space 1
Size
30,492 SF
Rate per SF
$100,000

Location Insight

City
Calumet City
County
Cook
State
Illinois
Latitude
41.623293830446
Longitude
-87.572159372113

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FAQs

What type of property is this?
Retail property - Grocery-anchored, high-traffic retail space available.
Where is the retail property located?
The property is located at 1968 Sibley Blvd Calumet City, IL.
What is the lease rate?
The lease rate is $100,000/SF/YR.
What are key features of this property?
This property features: Grocery-anchored retail outlot with Pete's Fresh Market.; One acre site with one available space.; Located at a signalized corner on Sibley Blvd (Route 83), east of I-94 & Sibley interchange, high traffic count (130,000 VPD).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Dino Geroulis
Dino Geroulis
Visit Broker Website

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Sibley Blvd
Calumet City, IL 60409

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Sibley Blvd
Calumet City, IL 60409

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1968 Sibley Blvd
  • Dino Geroulis
    Dino Geroulis
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