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Multi-Tenant Retail Center
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668-702 River Oaks Dr, Calumet City, IL 60409

Multi-tenant retail center totaling 22,197 square feet on about 1.13 acres in a transit-oriented River Oaks corridor.

Property Size22,197 SF
Lot Size1.13 Acres
Days on Market1313

Property Features for 668-702 River Oaks Dr

General Information

Standard status Active
Size 22,197 SF
Lot size 1.13 Acres
Property subtype RETAIL

Building Details

Tenancy Multi
Listing Agency: Brookline Real Estate
Listed By: Bill Lundy
Source: Moodyscre
Added: Feb 8, 2023 Changed: Sep 7 Last Checked: Sep 12 at 9:53AM

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

Investment Insights

Based on property information with market context.

Sherwood Plaza is a multi-tenant retail center offering a total of 22,197 square feet of retail space on approximately 1.13 acres. The property is positioned near the northwest corner of traffic-lit Burnham Avenue and River Oaks Drive (159th Street).

Sherwood Plaza sits next door to Dunkin’ and McDonald’s and is located along the active River Oaks trade corridor, which includes retailers anchored by River Oaks Mall.

As a shopping center with multiple storefronts, Sherwood Plaza is suited for tenants seeking retail frontage within an established corridor serving the surrounding Calumet City area.

Key Highlights

  • Sherwood Plaza is a multi‑tenant retail center totaling 22,197 SF
  • Approximately 1.13 acres at the property
  • Located near the northwest corner of Burnham Avenue and River Oaks Drive (159th Street)

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Pharmacy HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby
46k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 69% Shops & Services 31%
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 0.2 miles
Fifth Third Bank & ATM Shops & Services
3,730 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Market Square 1512 W Market St, Mackinaw, IL 61755
  • River Oaks Center 96 River Oaks Center Dr, Calumet City, IL 60409
  • River Oaks Shopping Mall 96 River Oaks Center Dr, Calumet City, IL 60409

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center totaling 22,197 square feet on about 1.13 acres in a transit-oriented River Oaks corridor.
Where is this shopping center located?
The property is located at 668-702 River Oaks Dr Calumet City, IL.
What are key features of this property?
This property features: Sherwood Plaza is a multi‑tenant retail center totaling 22,197 SF; Approximately 1.13 acres at the property; Located near the northwest corner of Burnham Avenue and River Oaks Drive (159th Street)
(630) 590-5910 Call to check price and availability
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