611-25 Wentworth Ave. Calumet City, IL 60409

Listing agency First Western Properties p***@1stwesternproperties.com Show Phone

Listed by Fahim Lakhani · License #IL9999

Source Crexi

Added: Apr 10 Updated: Jul 21 at 3:36AM Checked: Jul 21 at 3:36AM

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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.

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)

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FAQs

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)