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626 River Oaks Drive, Calumet City, IL 60409
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$1,310,000
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Home Details for 626 River Oaks Drive
Price
$1,310,000
Type
Commercial/Industrial
Year Build
1998
County
Cook
Tax
$34,726
MLS®️ Listing#
12304779
On exitrealty.com
282 days
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.
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Listing Courtesy: Brookline Real Estate LLC - 630-590-5910
Based on information submitted to the MLS GRID as of 2025-09-03 21:30:43. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2025-09-03 21:30:43
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$1,310,000
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