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Listing Courtesy of First Western Properties

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1024 E Sibley Boulevard - Strong historical occupancy by nationally recognized brands. Pro Forma NOI of $475,401 and CAP rate of 10.6%. Cross access to new Food4Less development. Main artery; Sibley Blvd (37,000 VPD), and epicenter of Dolton retail. Current tenants are at low rents with plenty of room for upside. Outlots offer potential for additional rent revenues or sale proceeds to recoup down payment.

Listing information

  • MLS® ID: 09219231
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1985
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $323,297

Features

Air Conditioning Central Air
Approximate Age 16-25 Years
Electrical Service Other/Unknown
Fire Protection Other
Franchisor Feed(y/n) No
Geographic Locale South Suburban
Heat/Ventilation Forced Air
Information Listing Agent Must Accompany, Show-Call Listing Office
Other # Of Drive In Doors - 0, # Of TL Docks - 0, # Of Units - 10, Approx Total Bldg Sq Ft - 50886, Gross Rental Income $ - 34099, Net Oper Income $ - 26860, Tax Year - 2014, Total Annual Exp - 340614, Total Annual Income - 609219, Zoning Type - Rtail
Property Offered For Sale Only
Property Type Retail/Stores
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Real Property Taxes, Scavenger
Listing Courtesy of First Western Properties