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    145 River Oaks Center Dr Calumet City, IL 60409

    For Lease
    Contact for pricing

    66,000 SF Retail Space, Prime Location

    Lot size:
    66,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents a substantial 66,000-square-foot anchor space, formerly occupied by Carson Pirie Scott, within the River Oaks Mall in Calumet City, Illinois. Situated at 145 River Oaks Center Drive, 60409, this two-level space boasts equal floor plates, offering unparalleled flexibility for a wide range of retail uses. The property benefits from a highly visible and prominent exterior entrance and storefront, ensuring maximum brand exposure. Its location within the seventh largest mall in the Chicago Metropolitan Area guarantees significant foot traffic. The property's strategic placement at a heavily trafficked intersection provides exceptional visibility, further enhanced by the availability of pylon signage. Convenient access is ensured by its proximity to two interchanges with I-94 and I-80/94, facilitating easy access for customers and employees. High traffic counts are confirmed by data showing 22,200 vehicles per day on Torrence Avenue and 17,500 vehicles per day on River Oaks Drive. This single-tenant space in Cook County offers a unique chance to establish a flagship presence in a thriving retail environment. The property is classified as retail, subtype anchor box, and is a single-tenant occupancy.

    Property Features for 145 River Oaks Center Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,000 SF

    Unit(s) available at that property

    Space
    Size
    66,000 SF

    HighLights

    • 66,000 SF anchor space, former Carson Pirie Scott, River Oaks Mall, Calumet City, IL.
    • Two‑level, equal floor plates, highly visible storefront.
    • Prominent location in the 7th largest Chicago‑area mall, high foot traffic.
    • High‑traffic intersection, pylon signage available.
    • Excellent access to I‑94 and I‑80/94.
    • 22,200 VPD on Torrence Ave, 17,500 VPD on River Oaks Dr.
    Property Profile Location Intelligence

    Current Use by Public Records

    House of Hoops Shoe Store Venetian Jewelers Jeweler Coca Cola Vending ... Vending Machine ATM Atm What a Women Want Clothing Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Calumet City
    County
    Cook
    State
    Illinois
    Longitude
    -87.5561377
    Latitude
    41.5984004

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    FAQs

    What type of property is this?
    Retail property - 66,000 SF Retail Space, Prime Location
    Where is this retail property located?
    The property is located at 145 River Oaks Center Dr Calumet City, IL.
    What are key features of this property?
    This property features: 66,000 SF anchor space, former Carson Pirie Scott, River Oaks Mall, Calumet City, IL.; Two-level, equal floor plates, highly visible storefront.; Prominent location in the 7th largest Chicago-area mall, high foot traffic.
    Request Owner's contact information
    145 River Oaks Center 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    145 River Oaks Center Dr Calumet City, IL 60409
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