Property profile

145 River Oaks Center Dr Calumet City, IL 60409

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces

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
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Vending Machine
  • Atm
  • Clothing Store

Location

145 River Oaks Center Dr Calumet City, IL 60409
Calumet City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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