799 Riv Oaks Dr Calumet City, IL 60409-5116
- Retail space
- 0.74 lot acres
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
-
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