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1580 Torrence Ave Calumet City, IL 60409

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For Sale
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6,031 SF Chili's restaurant on 1.38 AC lot.

Type:Retail
Property size:
6,031 SF
Lot size:
1.38 Acres
Added:
Nov 7, 2024
Days on Market:
516
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 1580 Torrence Ave

General Information

Standard status
Active
Size
6,031 SF
Lot size
1.38 Acres
Property subtype
Retail

Building Details

Year Built
1985

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Listing Contact
Gabriel Britti

Listing agent Gabriel Britti License #FL SL3211804

Listing office Marcus & Millichap - Issenberg Britti Group

Listing date Nov 7, 2024

Source Crexi

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 Marcus & Millichap - Issenberg Britti Group


Overview

Calumet City Chili's Restaurant ForSale

This Chili’s restaurant is located at 1580 Torrence Avenue in Calumet City, Illinois. The property features a 6,031 square foot building on a 1.38-acre lot. The restaurant was renovated in 2021 to the new Chili’s prototype. Calumet City has a population of 36,033 and is located 22 miles south of downtown Chicago, near Interstates 94 and 80. The Chili’s restaurant is located as an outparcel to a Home Depot anchored shopping center, near national tenants such as ALDI, Sam’s Club, Chase Bank, Dunkin Donuts, Burger King and Dollar Tree. Numerous apartment complexes surround the restaurant, including Lansing Riverwood, Superior Oak, Southmoore Apartments, Harrison Apartments, Douglas Pointe Apartments, Garden House of River Oaks Apartments and Regal Apartments. Colleges and universities nearby include Indiana Tech (4,384 Enrolled Students), Jeremi College (454 Enrolled Students), Purdue University Northwest (9,807 Enrolled Students), Ivy Tech (198,000 Annual Students), and South Suburban College (11,317 Enrolled Students). Hospitals nearby include UChicago Medicine at Ingalls, St. James Physician Hospital, and Hospital De Pulmon. Shopping centers nearby include The Landings, River Oaks Center, Lansing Square, Lan Ridge Plaza, River Oaks West Shopping Center, Calumet Center, Harrison Ridge Mall, Gateway Promenade and Harrison Ridge Mall. The restaurant has operated at this location for over 15 years.
Location Intelligence

Current Use by Public Records

It's Just Wings Restaurant Chili's Grill & Bar Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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
-87.5595593
Latitude
41.5878897

FAQs

What type of property is this?
Conventional restaurant - 6,031 SF Chili's restaurant on 1.38 AC lot.
Where is this conventional restaurant located?
The property is located at 1580 Torrence Ave Calumet City, IL.
What is the asking price?
The asking price for this property is $4,277,934.
What are key features of this property?
This property features: Long‑term established Chili's location operating for over 15 years.; Recently renovated in 2021 to the new Chili's prototype.; Located as an outparcel to a top‑performing Home Depot anchored shopping center, ensuring consistent foot traffic.
More about this property
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