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Financial
Distress signals
Property profile

626 River Oaks Dr Calumet City, IL 60409

FOR SALE
Other industrial properties
Property ID
US28-2538037
0.14 ac lot Built 2009
Last sale Jan 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 626 River Oaks Drive in Calumet City, Illinois, near the Illinois/Indiana state line at the northwest corner of River Oaks Road and Burnham Avenue, the property consists of a 12,855-square-foot brick retail building on approximately 0.66 acres. The site includes accessible front and side parking areas totaling 38 spaces and is configured with multiple entrances on River Oaks Drive as well as access from Burnham Avenue to support vehicle circulation. The building’s location is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value$6k
Assessed land$4k
Assessed improvement$2k
Effective rate85.27%

Value estimate

· Oct 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$278k
Vacancy & credit loss−$23k
Operating expenses−$76k
NOI · 14.57% cap applied$178k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146

Cap rate analysis

How does the asset earn?
14.57%
$178k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.1
Law Firm11.5
HVAC Service11.2

Location

626 River Oaks Dr Calumet City, IL 60409
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
906 Lucas, Calumet City, IL 60409 $130,000 Jun 2025 No data
928 Lucas, Calumet City, IL 60409-2404 $130,000 Jun 2025 No data
326 State, Calumet City, IL 60409 $920,000 May 2025 No data
185 Plummer, Calumet City, IL 60409-2799 $920,000 May 2025 No data
1926 State, Calumet City, IL 60409-1705 $4,600,000 May 2025 32,188 SF
510 End, Calumet City, IL 60409-2804 $4,999,000 Mar 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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