Property profile

19 River Oaks Dr Calumet City, IL 60409

OFF-MARKET
Office Spaces
3,000 SF
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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

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Physician
  • Physician
  • Physician Medical Clinic

Location

19 River Oaks Dr Calumet City, IL 60409
Calumet City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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