Calumet City, IL 60409 626 River Oaks Drive
$1,357,000


Presented By: Brookline Real Estate LLC
Home Details
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 7.00% CAP rate with tremendous cash flow and continued growth.
Presented By: Brookline Real Estate LLC
General for 626 River Oaks Drive
Additional Parcels Y/NYes
CityCalumet City
CoolingCentral Air
CountyCook
DirectionsI-94 to River Oaks Drive east to property
ElectricCircuit Breakers
Leasable Area12855
Lease TypeNet
Lot Size Square Feet28750
MLS AreaCalumet City
ModificationTimestamp2025-03-11T08:40:07.950Z
Net Operating Income95000
Property SubtypeRetail
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount34726
Tax Year2023
TownshipThornton
Year Built1998
ZoningCOMMR
Exterior for 626 River Oaks Drive
Building Area Total12855
Lot Dimensions279X179
Additional Details
Price History
