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Calumet City Retail Redevelopment Opportunity
For Sale
$1,225,000

626 River Oaks Dr, Calumet City, IL 60409

Dollar General NNN investment in a transit-oriented Chicago suburb location.

Property Size12,855 SF
Lot Size0.66 Acres
Price / SF$95.29
Days on Market195

Property Features for 626 River Oaks Dr

General Information

Standard status Active
Size 12,855 SF
Lot size 0.66 Acres

Taxes and HOA fees

Annual Taxes $34,726
Listing Agency: Brookline Real Estate LLC
Listed By: Dominick Cannata · License #00000
Source: Exprealty
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 8 at 1:11PM

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.

This is an opportunity to acquire a Dollar General redevelopment triple-net (NNN) investment property located in Calumet City, Illinois. The property is positioned in a strong, transit-oriented location in the Chicago suburb. Situated near the Illinois/Indiana state line at the northwest corner of River Oaks Road and Burnham Avenue, the property benefits from its location next to McDonald's and Dunkin', and a few blocks from River Oaks Mall. The building, constructed of brick, has been remarkably maintained. The structure contains 12,855 square feet and is situated on approximately 0.66 acres. It 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.

Key Highlights

  • Triple‑net (NNN) Dollar General redevelopment investment, offering passive income and reduced landlord responsibilities.
  • Strong, transit‑oriented location in Calumet City, near the IL/IN state line and River Oaks Mall.
  • High visibility location next to McDonald's and Dunkin', benefiting from established customer traffic.

Property Analytics

Current Use

Western Union Bank Guadalupe Castaneda Pharmacy Jerome Shallon Pharmacy Dollar General Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Building Supply 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.

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
42k
Monthly Visits Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Dollar General NNN investment in a transit-oriented Chicago suburb location.
Where is this nnn property located?
The property is located at 626 River Oaks Dr Calumet City, IL.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Triple‑net (NNN) Dollar General redevelopment investment, offering passive income and reduced landlord responsibilities.; Strong, transit‑oriented location in Calumet City, near the IL/IN state line and River Oaks Mall.; High visibility location next to McDonald's and Dunkin', benefiting from established customer traffic.
More about this property
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