1475 Sibley Boulevard Calumet City, IL $ 194,500
1475 Sibley Boulevard
$ 194,500
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1475 Sibley Boulevard

Calumet City, IL, 60409
$ 194,500
Bedrooms-- Baths-- Sq 1,800

Monthly Estimate*

$ 1,213

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Commercial Property for sale in Calumet City, IL

for $194,500. This 1,800 square foot building was built in 1961 on a lot size of 0.103627.

Prime Investment Opportunity! This fully renovated mixed-use property offers the perfect blend of business potential and rental income. The front unit (Unit 1) is a move-in-ready commercial space that has been newly remodeled with upgraded electrical, plumbing, heating, A/C, and windows. It includes three offices (two measuring 10x11 and one 10x16), a spacious kitchen/breakroom, a welcoming waiting area, and a modernized bathroom. This bright, open space is ideal for various businesses. The rear unit (Unit 2) is a recently updated 2-bedroom, 1-bath apartment, currently rented until the end of September, providing immediate passive income. Additional upgrades include new concrete around the building and three off-street parking spaces in the rear, in addition to the street parking. Situated on a high-traffic street with excellent visibility, this turnkey, income-producing property is perfect for investors, entrepreneurs, or owner-occupants looking to maximize returns. Don't miss out-schedule your showing today!

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Commercial Active

Price

$ 194,500

Property Type

Commercial

Taxes

$ 5,189

Style

Legal Non Conforming

Lot Size

0.103627

Year Built

1961

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12368071

Features
General
Cooling Central Air
Possession Tenant's Rights
Roof Composition
Zoning COMMR
Construction Materials Brick
Year Built 1961
Electric Service - 0 to 100 Amps
Tenant Pays Electricity Heat
Stories Count 1
Township Thornton
Tax Year 2024
Current Use Legal Non Conforming
Gross Income 16200
County Cook
Operating Expense 3796
Insurance Expense 2200
Property Type Commercial Sale Mixed Use
Possible Use Commercial Retail
Status Active
Directions 2 blocks West of Torrence on corner of Sibley & Calhoun
City Calumet City
Number Of Units Total 2
MLS Area Calumet City
Lot Size Square Feet 4514
Tax Annual Amount 5189.2
Electric Expense 180
Fuel Expense 960
Trash Expense 136
Water Sewer Expense 320
Additional Parcels Y/N N
Standard Status Active
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Interior
Flooring Tile Vinyl Wood
Total Fireplaces 0
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Exterior
Building Area Total 1800
Lot Dimensions 37X122
Frontage Type City Street
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* Excluded Features
List By
Homesmart Realty Group

Broker

tellyrayford@gmail.com

Email

Affordability Calculator

$1,646
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,213
Monthly Property Taxes
$432
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2025$194,500 -2.75% Price Down
5/17/2025$199,999 Listed Price

Map


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1475 Sibley Boulevard, Calumet City, IL, 60409 is a Commercial Property for sale at $194,500 with 1,800 sqft and a lot size of 0.103627. 1475 Sibley Boulevard was built in 1961. The property's zip code is 60409 which is in Calumet City, IL