9-Unit Strip
For Sale
Contact for pricing
Pending
562 Torrence Ave, Calumet City, IL 60409
B (Commercial Business) zoning supports a multi-tenant retail layout.
Property Size10,000 SF
Lot Size0.69 Acres
Days on Market141
Property Features for 562 Torrence Ave
General Information
Standard status
Pending
Size
10,000 SF
Lot size
0.69 Acres
Property subtype
Retail
Zoning
B
Net Operating Income
$181,741
Financials
Asking Price
$2,125,000
Gross Income
$226,614
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial AMH
(631) 903-3739
Listed By:
Anthony Briguglio · License #10491212878
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 5:29PM
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 Coldwell Banker Commercial AMH
Investment Insights
Based on property information with market context.
Located at 562 Torrence Ave in Calumet City, Illinois, this commercial strip center contains 10,000 square feet across 9 units. The property occupies a 30,049-square-foot lot and is designated B (Commercial Business) zoning.
The multi-tenant configuration offers multiple retail spaces within one commercial property. Its Torrence Avenue address places the center within Calumet City’s established commercial area.
The multi-tenant configuration offers multiple retail spaces within one commercial property. Its Torrence Avenue address places the center within Calumet City’s established commercial area.
Key Highlights
- 10,000 square feet of commercial space
- 9‑unit multi‑tenant configuration
- 30,049‑square‑foot lot
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
Dunkin' Donuts
Dining
10,734 visits/mo
0.0 miles
Huntington Bank
Shops & Services
9,037 visits/mo
0.1 miles
AutoZone
Shops & Services
5,091 visits/mo
0.4 miles
BMO Harris Bank
Shops & Services
4,485 visits/mo
0.1 miles
Mr. Submarine
Dining
4,007 visits/mo
0.2 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 - B (Commercial Business) zoning supports a multi-tenant retail layout.
Where is this strip mall located?
The property is located at 562 Torrence Ave Calumet City, IL.
What are key features of this property?
This property features: 10,000 square feet of commercial space; 9‑unit multi‑tenant configuration; 30,049‑square‑foot lot
