Dollar General Redevelopment
For Sale
$1,310,000
626 River Oaks Drive, Calumet City, IL 60409
Dollar General NNN investment in Calumet City, Illinois.
Property Size12,855 SF
Lot Size0.66 Acres
Price / SF$101.91
Days on Market513
Property Features for 626 River Oaks Drive
General Information
Standard status
Active
Size
12,855 SF
Lot size
0.66 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1998
Listing Agency:
Brookline Real Estate LLC
(630) 590-5910
Listed By:
Dominick Cannata · License #471017554
(630) 590-5910
Source:
Exitrealty
Added: Mar 6, 2025
Changed: Jul 6
Last Checked: Aug 1 at 8:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brookline Real Estate LLC
Investment Insights
Based on property information with market context.
The property at 626 River Oaks Drive in Calumet City, Illinois, presents an opportunity to acquire a Dollar General redevelopment triple-net (NNN) investment. The 12,855 square-foot building is positioned on approximately 0.66 acres. The property is located near the Illinois/Indiana state line at the northwest corner of River Oaks Road and Burnham Avenue, next to McDonald's and Dunkin', and a few blocks from River Oaks Mall. The brick construction building has been remarkably maintained and offers 38 total parking spots in accessible front and side lots. Multiple entrances on River Oaks Drive and access from Burnham Avenue aid traffic flow. Currently in year three of a ten-year corporate lease, Dollar General has shown stability and continued success at the location. The property is being offered at a 7.25% CAP rate.
Key Highlights
- Triple‑net (NNN) Dollar General redevelopment investment.
- Strong, transit‑oriented location in Calumet City, a Chicago suburb.
- Currently in year three of a ten‑year corporate lease with Dollar General.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 25%
McDonald's
Dining
25,457 visits/mo
0.1 miles
Dollar General
Shops & Services
9,295 visits/mo
0.1 miles
Mr. Submarine
Dining
6,098 visits/mo
0.1 miles
Value Pawn-Calumet City
Shops & Services
1,340 visits/mo
0.3 miles
Demographics for 60409, IL
36,045
Population
16,868
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
88%
High-School Grad
7.7 sq mi
ZIP Area
4,681
Density / Sq Mi
$53,991
Median Household Income
$37,389
Median Earnings
$1,138
Median Rent
$133,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Dollar General NNN investment in Calumet City, Illinois.
Where is this grocery and convenience store located?
The property is located at 626 River Oaks Drive Calumet City, IL.
What is the asking price?
The asking price for this property is $1,310,000.
What are key features of this property?
This property features: Triple‑net (NNN) Dollar General redevelopment investment.; Strong, transit‑oriented location in Calumet City, a Chicago suburb.; Currently in year three of a ten‑year corporate lease with Dollar General.
