626 River Oaks Drive Calumet City, IL $ 1,310,000
626 River Oaks Drive
$ 1,310,000
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626 River Oaks Drive

Calumet City, IL, 60409
$ 1,310,000
Bedrooms-- Baths-- Sq 12,855
626 River Oaks Drive, Calumet City, IL 60409 - Image 1
626 River Oaks Drive, Calumet City, IL 60409 - Image 2
626 River Oaks Drive, Calumet City, IL 60409 - Image 3

Property for Rent in Calumet City, IL

for $1,310,000. This 12,855 square foot property was built in 1998 on a lot size of 0.660009.

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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Rental Active

Price

$ 1,310,000

Taxes

$ 34,726

Style

Lot Size

0.660009

Year Built

1998

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12304779

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1998
Electric Circuit Breakers
Stories Count 1
Township Thornton
Property Subtype Retail
Tax Year 2023
County Cook
Net Operating Income 95000
Property Type Commercial Sale Retail/Stores
Status Active
Directions I-94 to River Oaks Drive east to property
City Calumet City
MLS Area Calumet City
Lot Size Square Feet 28750
Tax Annual Amount 34726
Additional Parcels Y/N Y
Leasable Area 12855
Lease Type Net
Standard Status Active
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Exterior
Building Area Total 12855
Lot Dimensions 279X179
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* Excluded Features
List By
Brookline Real Estate Llc

Broker

dc@brooklinellc.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2025$1,310,000 -3.46% Price Down
3/5/2025$1,357,000 Listed Price

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626 River Oaks Drive, Calumet City, IL, 60409 is a Property for Rent at $1,310,000 with 12,855 sqft and a lot size of 0.660009. 626 River Oaks Drive was built in 1998. The property's zip code is 60409 which is in Calumet City, IL