1. Illinois
  2. Calumet City
  3. 626 River Oaks Drive
$1,310,000

626 River Oaks Drive, Calumet City, IL 60409

  • 12,855 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1998
  • Property Lot Size Icon0.66acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $102/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Presenting the opportunity to acquire a Dollar General Redevelopment triple-net (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 7.25% CAP rate with tremendous cash flow and continued growth.

Listing Status:
Active
Listing Office:
Brookline Real Estate LLC : 630-590-5910
Listing Agent:
Dominick Cannata : 630-590-5910
MLS ID:
12304779
  • A/C: Central Air

This listing courtesy of Dominick Cannata, Brookline Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thornton Fractnl No High School

755 Pulaski Rd, Calumet City, IL, 60409

Grades 9-12

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.