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    1699 River Oaks Dr Calumet City, IL 60409

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    For Lease
    Contact for pricing

    Calumet City Shopping Center Opportunity

    Lot size:
    159,145 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at River Oaks West Shopping Center in Calumet City, Cook County. The property, built in 1974, offers a total of 159,145 square feet, with up to 18,934 square feet currently available for lease. Spaces range from a minimum of 15,010 square feet to a maximum contiguous space of 28,400 square feet. The center boasts a strong tenant mix, including Marshalls, Big Lots, Ross Dress for Less, DD's Discounts, Petco, and Party City, among others. Benefit from high visibility and traffic counts exceeding 46,000 vehicles per day (VPD) on Torrence Avenue and River Oaks Road. Ample parking is provided with 763 surface-level spaces (a ratio of 4.79 spaces per 1,000 square feet). The property enjoys a prime location just over one mile east of Interstate-94, directly across the street from River Oaks Center, the seventh largest mall in the Chicago metropolitan area. This strategic location provides access to a vast customer base and numerous national retailers, including Sam's Club, Aldi, Home Depot, Burlington, and a wide array of popular restaurants such as Buffalo Wild Wings, Starbucks, McDonald's, and more. The available space, previously occupied by Fallas Paredes, features high ceilings and a spacious open interior, and benefits from dual-sided monument signage.

    Property Features for 1699 River Oaks Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    159,145 SF

    Building Details

    Year Built
    1974

    Unit(s) available at that property

    Space
    Available Space
    Size
    15,010 SF
    Space
    Available Space
    Size
    28,400 SF

    HighLights

    • 159,145 square foot retail shopping center with multiple tenants available for lease in Calumet City, Cook County.
    • Up to 18,934 square feet available, divisible to 15,010 square feet minimum, with a maximum contiguous space of 28,400 square feet.
    • Strong co‑tenancy includes Marshalls, Big Lots, Ross Dress for Less, DD's Discounts, Petco, and Party City.
    • High visibility location with over 46,000 vehicles per day (VPD) on Torrence Avenue and River Oaks Road, and 763 surface parking spaces (4.79/1,000 sq ft).
    • Located across the street from River Oaks Center, the 7th largest mall in the Chicago metro area, and just over one mile east of I‑94, with numerous national retailers and restaurants nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Big Lots Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Calumet City
    County
    Cook
    State
    Illinois
    Longitude
    -87.5631456
    Latitude
    41.6006249

    Nearby Comparable

    • Contact for pricing
      66,000 SF

      River Oaks Mall Anchor Space

      66,000 SF Retail Space, Prime Location
      145 River Oaks Center Dr, Calumet City, IL 60409
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      1,170,258 SF

      River Oaks Center Retail Space

      Prime Calumet City retail, multiple spaces available.
      96 River Oaks Center Dr, Calumet City, IL 60409
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      Retail Space in River Oaks

      Retail space available in a high-traffic shopping center.
      96 River Oaks Ctr, Calumet City, IL 60409
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      3,000 SF

      Retail Space in Cook County

      Retail space available in a busy Cook County shopping center.
      16749 Torrence Ave, Lansing, IL 60438
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      14,750 SF

      Calumet City Warehouse For Lease

      14,750 SF Industrial Space Available
      1480 Huntington Dr, Calumet City, IL 60409
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    • $22 SF/Yr
      128,466 SF

      Retail Space in Cook County

      Retail property with anchor, in-line, and outparcel availabilities.
      16771-16797 Torrence Ave, Lansing, IL 60438
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Cook County

      Retail spaces available in a shopping center with high traffic.
      16831 Torrence Ave, Lansing, IL 60438
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    • $20 SF/Yr
      22,315 SF

      Torrence Commons Retail Space

      Lansing, IL Retail - 2 Suites Available
      16901 Torrence Ave, Lansing, IL 60438
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    • $20 SF/Yr
      2,932 SF

      Retail Space with Modern Facelift

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      16901-16915 Torrence Ave, Lansing, IL 60438
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      313,982 SF

      Lansing Manufacturing Space Available

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      16801 Exchange Ave, Lansing, IL 60438
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      1,330 SF

      Retail Space in River Oaks

      Retail space in the heart of the River Oaks trade area.
      668-702 River Oaks Dr, Calumet City, IL 60409
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      15,010 SF

      Retail Space in Calumet City

      Retail space with high visibility and ample parking.
      410-500 River Oaks Dr, Calumet City, IL 60409
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    Nearby Similar for Lease

    • Contact for pricing

      Calumet City Retail Space Available

      Open retail space in Calumet City with high visibility.
      1688 Dolton Rd, Calumet City, IL 60409
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      15,010 SF

      Retail Space in Calumet City

      Retail space with high visibility and ample parking.
      410-500 River Oaks Dr, Calumet City, IL 60409
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      14,750 SF

      Calumet City Warehouse For Lease

      14,750 SF Industrial Space Available
      1480 Huntington Dr, Calumet City, IL 60409
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    • $18 SF/Yr
      1,200 SF

      Retail Space Near Memorial Park

      Retail space available across from Memorial Park with competitive rates.
      611-625 Wentworth Ave, Calumet City, IL 60409
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      66,000 SF

      River Oaks Mall Anchor Space

      66,000 SF Retail Space, Prime Location
      145 River Oaks Center Dr, Calumet City, IL 60409
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    • Contact for pricing
      1,170,258 SF

      River Oaks Center Retail Space

      Prime Calumet City retail, multiple spaces available.
      96 River Oaks Center Dr, Calumet City, IL 60409
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      1,330 SF

      Retail Space in River Oaks

      Retail space in the heart of the River Oaks trade area.
      668-702 River Oaks Dr, Calumet City, IL 60409
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    • Contact for pricing
      2,360 SF

      Retail Space in River Oaks

      Retail space available in a high-traffic shopping center.
      96 River Oaks Ctr, Calumet City, IL 60409
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    • $15 SF/Yr
      900 SF

      Retail Space on Sibley Blvd

      Retail space for lease with high traffic exposure.
      1555 Sibley Blvd, Calumet City, IL 60409
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Calumet City Shopping Center Opportunity
    Where is this lifestyle center located?
    The property is located at 1699 River Oaks Dr Calumet City, IL.
    What are key features of this property?
    This property features: 159,145 square foot retail shopping center with multiple tenants available for lease in Calumet City, Cook County.; Up to 18,934 square feet available, divisible to 15,010 square feet minimum, with a maximum contiguous space of 28,400 square feet.; Strong co-tenancy includes Marshalls, Big Lots, Ross Dress for Less, DD's Discounts, Petco, and Party City.
    Request Owner's contact information
    1699 River Oaks Dr Calumet City, IL 60409
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1699 River Oaks Dr Calumet City, IL 60409
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