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    OFF-MARKET
    Office Spaces

    19 River Oaks Dr, Calumet City, IL 60409

    3,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,000-square-foot Class A office building, located at 19 River Oaks Drive in Calumet City, Illinois, presents a unique investment opportunity. Currently configured as a medical office facility, it's easily adaptable to various uses, including executive or traditional office spaces. The property boasts multiple exam rooms, a spacious lobby, a break room, an IT room, private offices, and a lab, all in excellent, well-maintained condition. Ample parking is available on-site. Its strategic location on the Illinois-Indiana border, minutes from downtown Hammond, ensures convenient access for clients from both states. The building's previous tenant, Illinois Dermatology Institute, will soon vacate, making it immediately available for occupancy. The turnkey nature of this property, combined with its versatile layout and prime location within the Chicago metropolitan area, makes it an attractive option for businesses seeking a high-quality, adaptable workspace. Calumet City offers a blend of residential and commercial activity, with convenient access to shopping, parks, and recreational facilities. The property's history as part of a significant industrial and transportation hub contributes to its strong location within a diverse and growing community. The asking price is $399,000, representing a price per square foot of $133. This represents a compelling investment opportunity in a thriving area.

    Property profile
    Verified
    Property type Office Spaces
    Total area 3,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Janet Biedron, APN Physician
    • Dr. Keith A. Lopatka, MD Physician Medical Clinic
    • Maureen Wynne Physician
    • Margarita Vega Suarez Physician
    • Ruchik Desai, MD - Calumet City Office Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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