Real Estate Agent Elmo Dowd

Elmo Dowd REALTOR®

(815) 520-3939
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626 River Oaks Drive, Calumet City, IL 60409

$1,225,000
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  • 626 River Oaks Drive, Calumet City, IL 60409 Main Photo

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Active
SQUARE FEET12,855 MLS#12561089
STATUSActive PROPERTY TYPECommercial - Retail
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Property Description

Presenting the opportunity to acquire a Dollar General Redevelopment NNN investment positioned in a strong, transit-oriented location in the Chicago suburb of Calumet City. 626 River Oaks Drive contains 12,855 square-feet and is situated on approximately 0.66 acres. Near IL/IN state line at the northwest corner of River Oaks Road and Burnham Avenue, the property benefits greatly from its position next to McDonald's and Dunkin', and a few blocks from River Oaks Mall. The brick construction building has been remarkably-maintained and offers its visitors 38 total parking spots in accessible front and side lots. Multiple entrances on River Oaks Drive and access from Burnham Avenue aid traffic flow and allow the business to operate smoothly. Currently in year three of a ten-year corporate lease, Dollar General has shown stability and continued success at the location. This asset is being offered at a 7.75 CAP rate with tremendous cash flow and continued growth.

626 River Oaks Drive | MLS# 12561089

This commercial property located at 626 River Oaks Drive, Calumet City, IL 60409 is currently listed for sale with an asking price of $1,225,000. Search Calumet City real estate on elmo.bhhscrosby.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.66 Acres
Stories: 1.0
Taxes: $34,726
Year Built: 1998

Feature Descriptions

Electric: Separate Meters
Fire Protection: Sprinklers-Wet
HVAC: Forced Air
Lot Dimensions: 0x0
Parcel#: 30192040050000

Listed By / Shown By

Listed By

Agency Name: Brookline Real Estate LLC
Agency Phone: 630-590-5910

Shown By

Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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