Calumet City, IL
Commercial Real Estate Market Trends & Data

$130 Avg asking sale price
$16 Avg asking lease rate
15,004 SF Avg unit lease size
33,975 SF Avg building size for sale
8.93% Average cap rate

Calumet City's Demographic Profile

Calumet City has 14,496 households and a median income of $52,637, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 36,850
# Households 14,496
Median age 40
Median household income $52,637
Avg household size 3.0
Renter-occupied housing units 6,891
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Calumet City, IL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lansing $127 13,170 SF 9.25%
Munster $137 10,423 SF 9.25%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Calumet City $59 94,050 SF 19.21%
South Holland $91 28,632 SF 19.21%
Lansing $38 82,216 SF 19.21%
Nearby Retail Markets Avg Cost/SF Typical Size
Calumet City $227 22,235 SF
South Holland $409 17,974 SF
Dolton $271 3,508 SF
Lansing $257 20,844 SF
Phoenix $120 6,953 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Calumet City $82 13,132 SF 11.09%
South Holland $88 6,500 SF 7.84%
Lansing $115 6,041 SF 7.97%
Munster $113 6,082 SF 7.97%
Hammond $144 49,045 SF 11.09%

Commercial Properties For Sale in Calumet City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

3069 Bernice Rd

Lansing, IL 60438

  • 6,082 SF Multifamily
  • 7.97% Cap Rate
  • $690,000
For Sale

Industrial Manufacturing Facility 18,000 SF

South Holland, IL 60473

  • 18,000 SF Industrial Building
  • $500,000
For Sale

14446 & 14500 S Torrence Ave

Burnham, IL

  • 8.45% Cap Rate
  • $1,950,000
For Sale

2121 176th Pl

Lansing, IL 60438

  • 6,000 SF Multifamily
  • 7.84% Cap Rate
  • $695,000
For Sale

11 157th St

Calumet City, IL 60409

  • 5,000 SF Multifamily
  • 9.28% Cap Rate
  • $400,000
For Sale

Sleep Inn near I-80 and I-94

Lansing, IL 60438

  • 33,116 SF Hospitality
  • $3,399,900

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Calumet City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Calumet City $130 33,975 SF
Burnham $84 116,212 SF
South Holland $230 22,291 SF
Dolton $148 8,411 SF
Lansing $153 33,655 SF

Regional Demographic Comparison

This comparison places Calumet City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Calumet City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Calumet City 36,850 14,496 40 $52,637 3 6,891 -1%
Burnham 3,912 1,402 42 $50,818 3 573 -3%
South Holland 21,183 7,329 43 $74,436 3 1,308 -2%
Dolton 22,285 7,989 40 $51,985 3 2,803 -1%
Lansing 28,893 11,019 41 $64,829 3 3,641 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Calumet City, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Calumet City

View All Commercial Real Estate For Sale in Calumet City
Is Calumet City a good market for a first-time commercial real estate investor?

Calumet City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Calumet City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Calumet City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Calumet City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Calumet City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Calumet City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Calumet City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Calumet City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Calumet City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends