• Sibley Shoppes - 31 East Sibley Street, Hammond, IN 46320

For Sale

Retail

For Sale

This property is available for sale
1.37
Acres
$1,509,000
Sale Price
  • Year Built
    2004
  • Total Building Size
    10,010 RSF
  • Overview

    The Sibley Shoppes is located on an outlot of Strack & Van Til's in downtown Hammond, Indiana. The property is located 1/2 block from the Illinois/Indiana stateline and provides retailers with significant tax savings compared to Illinois. Hammond is part of the Chicago metropolitan area. The population was 80,830 at the 2010 census, and is the most populous city in Lake County, Indiana. The property is also just down the street from Franciscan St. Margaret Hospital which is an accredited chest pain center serving Northwest Indiana and the south suburbs of Chicago. Next to the building is also a brand new national Dialysis center. Value-Add Investment Opportunity located within Downtown Hammond Opportunity Zone (Census Tract 18089020600). This is a Class A Retail/Office Space located on an outlot of Strack & Van Til's grocery store. This property is anchored by BMO Harris Bank who extended the lease early, a brand new Urgent Care, and a multi-location Tobacco Shop (that just renewed). The property is 1/2 mile to the new Hammond Gateway South Shore Train Station. This is the first Indiana stop and looks to be the largest South Shore Station to be developed in the new expansion of the system that connects Indiana to Chicago by train. The building is located within walking distance to Franciscan's St. Margaret's Hospital, so medical office space is an ideal fit for the remaining vacancy.

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For Lease

Retail

Inline Unit

Available now!
643
Square feet
$500
Per month
  • Time on Market
    almost 2 years
  • Last updated
    May 08, 2019
  • Space ID
    1598697
  • Presented By
    Latitude Commercial Real Estate Services
    AARON MCDERMOTT
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Retail

31 E Sibley St

Available now!
2,257 - 5,005
Square feet
$3,009 - $6,673
Per month
  • Expandable to
    5,005 sq. ft.
  • Time on Market
    about 2 years
  • Last updated
    May 08, 2019
  • Space ID
    784043
  • Presented By
    Latitude Commercial Real Estate Services
    AARON MCDERMOTT
Send inquiry

Property Details

The Sibley Shoppes is located on an outlot of Strack & Van Til's in downtown Hammond, Indiana. The property is located 1/2 block from the Illinois/Indiana stateline and provides retailers with significant tax savings compared to Illinois. Hammond is part of the Chicago metropolitan area. The population was 80,830 at the 2010 census, and is the most populous city in Lake County, Indiana. The property is also just down the street from Franciscan St. Margaret Hospital which is an accredited chest pain center serving Northwest Indiana and the south suburbs of Chicago. Next to the building is also a brand new national Dialysis center. Value-Add Investment Opportunity located within Downtown Hammond Opportunity Zone (Census Tract 18089020600). This is a Class A Retail/Office Space located on an outlot of Strack & Van Til's grocery store. This property is anchored by BMO Harris Bank who extended the lease early, a brand new Urgent Care, and a multi-location Tobacco Shop (that just renewed). The property is 1/2 mile to the new Hammond Gateway South Shore Train Station. This is the first Indiana stop and looks to be the largest South Shore Station to be developed in the new expansion of the system that connects Indiana to Chicago by train. The building is located within walking distance to Franciscan's St. Margaret's Hospital, so medical office space is an ideal fit for the remaining vacancy.

  • Property Type
    Retail
  • Submarket
  • Year Built
    2004
  • Sale Price
    $1,509,000
  • Total Building Size
    10,010RSF
  • Total Acres
    1.37
  • Total Available
    2,900RSF
  • Largest Contiguous
    5,005RSF
  • Sale Status
    Available
  • Last updated
    May 08, 2019
  • Property ID
    1299009

Landlord's Leasing/Sales Representative

  • AARON MCDERMOTT
    Latitude Commercial Real Estate Services
     
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