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Property profile & analytics

799 Riv Oaks Dr Calumet City, IL 60409-5116

  • Retail space
  • 0.74 lot acres
OFF-MARKET
Value Estimation
$340,000
Last Sale
Nov 25, 2024
$299,000
Location Intelligence
Property ID
US28-0176754
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 799 Riv Oaks Dr

Year built
1986
Lot size
0.74 lot acres
Property type
Retail space
APN
30-19-218-023
APU
3019218023

Description

This exceptional 2,100 square foot restaurant space, formerly a Popeyes location, presents a fantastic opportunity in Calumet City, Illinois. Situated at 799 River Oaks Drive, in Cook County, this single-tenant property offers a turnkey solution for established or emerging food service businesses. The building's existing infrastructure includes a valuable drive-thru, a significant advantage for streamlining operations and increasing customer convenience. The property's "second-generation restaurant" status means it's already equipped with much of the necessary commercial kitchen equipment and point-of-sale systems, potentially reducing initial setup costs and time. This ready-to-occupy space is ideal for a quick-service restaurant, fast-casual eatery, or similar concept. The location within Cook County, Illinois, offers easy access to major transportation routes and a substantial customer base. The property's address is 799 River Oaks Drive, Calumet City, IL 60409. This is a rare opportunity to acquire a well-positioned restaurant space with existing infrastructure and a proven track record. The property's size and features make it an attractive investment for those seeking a profitable venture in a thriving community. The existing drive-thru lane is a key feature that adds significant value and potential for increased revenue. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $295,000
  • CAP approach

    CAP return
    Estimation
    6%
    $315,000
    6.5%
    $375,000
    7%
    $360,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $355,000
    Geo Method
    $365,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $320,000
    Retail
    $380,000
    Mixed-Use
    $375,000
    Hospitality
    $375,000
    Educational
    $325,000
    Residential Income
    $360,000
    Energy
    $385,000
    Income-Based Land
    $405,000
    Food Service
    $320,000

Location Insight

  • Map
  • Local Demand
City
Calumet City
County
Cook
State
Illinois
Longitude
-87.5439
Latitude
41.6003
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$58,625
$56,764
$11,989
$68,753
-
$227,056
$47,956
$275,012
More about this property
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