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Listing provided courtesy of HomeSmart Realty GroupMREDas Distributed by MLSGrid- MLS# 12368071MLS Provider

1475 Sibley BoulevardCalumet City, IL 60409

Commercial · 1,800 Sq. ft.
$194,500 Active

1475 Sibley Boulevard Overview

Time on Site:
409 days
Visits:
4

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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1475 Sibley Boulevard Facts & Features

  • Type Commercial
  • Sq. ft. 1,800
  • Price/Sq.ft. $108

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 180
  • Fuel Expense: 960
  • Gross Income: 16200
  • Gross Scheduled Income: 16200
  • Insurance Expense: 2200
  • Operating Expense: 3796
  • Trash Expense: 136
  • Water Sewer Expense: 320

Building Information

  • Year Built: 1961

Business Information

  • Current Use: Legal Non Conforming

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Calumet City
  • Township: Thornton

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $5,189.20
  • Tax Year: 2024

General Information

  • Parcel Number: 29124060370000
  • Possible Use: Commercial,Retail
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Office SqFt.: 900
  • Retail SqFt.: 900

Building Interior

  • Building Area Total: 1800

General Information

  • Cooling: Central Air
  • Electric: Service - 0 to 100 Amps
  • Fireplaces Total: 0
  • Flooring: Tile, Vinyl, Wood
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 37X122
  • Lot Size Square Feet: 4514

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 2

1475 Sibley Boulevard Neighborhood

Community

60409 (CALUMET CITY) Demographics

37
Median Age
4,789
Population Density (per sq. mile)
28%
College Educated
$50,640
Estimated Median Income
8,110
Estimated Total Home Owners
6,056
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1475 Sibley Boulevard Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1475 Sibley Boulevard Market Data

Based on the last 30 days in this zip code

$157,868
Average List Price
$118
Average Price per Square Foot
27
Properties Sold
102
Average Days on Market
200
Properties for Sale
Calculations provided by Reliance Network

1475 Sibley Boulevard History

Date Event Value Agent
5/4/2026Source: MRED Status Change
Active
4/29/2026Source: MRED Status Change
Re-activated
4/22/2026Source: MRED Status Change
Contingent
3/7/2026Source: MRED Status Change
Active
3/2/2026Source: MRED Status Change
Re-activated
11/22/2025Source: MRED Status Change
Active
11/17/2025Source: MRED Status Change
Re-activated
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Price Reduction
$194,500 -2.7%
5/21/2025Source: MRED Status Change
Active
5/16/2025Source: MRED Added to Database
May 16, 2025