$ 1,310,000
-
$1,310,000
Price -
0
Bed - Bath
-
12,855
SqFt
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About the Listing 24880 - 231694
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 Highlights for 626 River Oaks Dr
Status
Active
Days on Site
195
Property Type
Commercial Sale
MLS ®
12304779
Year Built
1998
Total Square Footage
12,855
Lot/Acreage
0.66
County
Cook
Area
Calumet City
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Bldg Heat
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 279X179
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $34,726
- Taxes w/Assessments: N/A
- Tax/Property ID: 30192040050000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
626 River Oaks Dr Calumet City, IL 60409
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