1330 Torrence Ave, Calumet City, IL

Listing agent Mark Montana

Listing office Avison Young | Chicago Show Phone

Listing date Jan 29, 2025

Source Moodyscre

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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

-87.5595

Latitude

41.5981

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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