Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1330 Torrence Ave Calumet City, IL 60409

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Dual-tenant retail building with NNN leases in Calumet City, IL.

    Property size:
    5,887 SF
    Lot size:
    1.18 Acres

    Property Features for 1330 Torrence Ave

    General Information

    Size
    5,887 SF
    Lot size
    1.18 Acres

    Source: Avison Young | Chicago Agent Mark Montana

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Calumet City Retail Investment Property

    This 5,887-square-foot retail building is located in Calumet City, Illinois, on a 1.25-acre lot. The property is currently leased to two tenants: Metro by T-Mobile and Mission Dispensary. The property benefits from its location in the heart of the Calumet City retail business corridor, with immediate access to I-94 and bordering the Indiana state line. The average daily traffic count on Torrence is 22,000. There are 55 parking spaces available on a newly resealed and re-striped parking lot. New exterior and parking lot LED lighting has been installed. The property generates approximately $180,000 in annual net operating income. Notably, there are no other dispensaries within a 5-mile radius.
    Insight Report Location Intelligence

    Current Use by Public Records

    Charles E Antonietti ... Attorney Metro by T-Mobile Cell Phone Store Mission Calumet City ... Cannabis Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Calumet City
    County
    Cook
    State
    Illinois
    Longitude
    -87.559488
    Latitude
    41.5980973

    Nearby Similar for Sale

    • $180,000

      Mixed-Use Property in Calumet City

      Unique property with business and residential potential on spacious lots.
      591 Burnham Ave, Calumet City, IL 60409
      View Details
    • $144,000

      All-Brick 3-Unit Building Opportunity

      All-brick 3-unit building with 3-car garage in Calumet City.
      321 Memorial Dr, Calumet City, IL 60409
      View Details
    • $285,000

      Calumet City Income Property

      Four-unit residential income property in Calumet City, Illinois.
      502 154Th Pl, Calumet City, IL 60409
      View Details
    • $194,500
      1,800 SF

      Renovated Mixed-Use Property For Sale

      Fully renovated mixed-use property with commercial space and rental income.
      1475 Sibley Blvd, Calumet City, IL 60409
      View Details
    • $234,900

      Calumet City Two-Unit Building

      Two-unit building with updated finishes, basement, and garage.
      1677 Patricia Pl, Calumet City, IL 60409
      View Details
    • $344,999

      Calumet City Townhouse Investment Package

      Four townhouses in Calumet City, generating cash flow.
      1420-1424 Wentworth Ave, Calumet City, IL 60409
      View Details

    FAQs

    What type of property is this?
    Retail space - Dual-tenant retail building with NNN leases in Calumet City, IL.
    Where is this retail space located?
    The property is located at 1330 Torrence Ave Calumet City, IL.
    What are key features of this property?
    This property features: - Approximately $180,000 annual NOI; - NNN Leases in place with two tenants: Metro by T-Mobile and Mission Dispensary; - No other dispensaries within a 5-mile radius
    (312) 957-7600
    Request Owner's contact information
    1330 Torrence Ave Calumet City, IL 60409
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1330 Torrence Ave
    Calumet City, IL 60409
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1330 Torrence Ave Calumet City, IL 60409
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.