Strip Mall with Opportunity
For Sale
Contact for pricing
Pending
611-25 Wentworth Ave., Calumet City, IL 60409
Strip mall with one vacancy and an Opportunity Zone location next to Memorial Park.
Property SizeContact for details
Days on Market126
Property Features for 611-25 Wentworth Ave.
General Information
Standard status
Pending
Property subtype
Retail
Financials
Cap Rate
9.5%
Opportunity Zone
Yes
Listing Agency:
First Western Properties
(773) 355-4780
Listed By:
Fahim Lakhani · License #IL9999
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 12 at 3:25PM
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 First Western Properties
Investment Insights
Based on property information with market context.
This strip mall presents a value-add profile with one unit currently vacant. The property is described as an existing 9.5 cap rate strip mall, with the stated objective of bringing the cap rate to 11.5% after the vacancy is filled.
The center is located in Calumet City, Illinois, in an Opportunity Zone area, next to Memorial Park. The asset is available for sale at 611-25 Wentworth Ave.
The center is located in Calumet City, Illinois, in an Opportunity Zone area, next to Memorial Park. The asset is available for sale at 611-25 Wentworth Ave.
Key Highlights
- Existing strip mall with a reported 9.5% cap rate
- One vacancy on‑site; projected to bring the cap rate to 11.5% once filled
- Property is located in an Opportunity Zone area (QOZ)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
72k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 48%
Dining 36%
Shops & Services 14%
Electronics 2%
Strack & Van Til
Groceries
34,947 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
9,820 visits/mo
0.3 miles
Wendy's
Dining
9,407 visits/mo
0.2 miles
Wingstop
Dining
6,903 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,864 visits/mo
0.4 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?
Strip mall - Strip mall with one vacancy and an Opportunity Zone location next to Memorial Park.
Where is this strip mall located?
The property is located at 611-25 Wentworth Ave. Calumet City, IL.
What are key features of this property?
This property features: Existing strip mall with a reported 9.5% cap rate; One vacancy on‑site; projected to bring the cap rate to 11.5% once filled; Property is located in an Opportunity Zone area (QOZ)
