Property profile

799 River Oaks Dr Calumet City, IL 60409

FOR SALE
Retail space
Property ID
US28-0176754
0.74 ac lot Built 1986
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,100 square foot restaurant space, formerly a Popeyes location, presents a fantastic opportunity in Calumet City, Illinois. Situated at 799 River Oaks Drive, in Cook County, this single-tenant property offers a turnkey solution for established or emerging food service businesses. The building's existing infrastructure includes a valuable drive-thru, a significant advantage for streamlining operations and increasing customer convenience. The property's "second-generation restaurant" status means it's already equipped with much of the necessary commercial kitchen equipment and point-of-sale systems, potentially reducing initial setup costs and time. This ready-to-occupy space is ideal for a quick-service restaurant, fast-casual eatery, or similar concept. The location within Cook County, Illinois, offers easy access to major transportation routes and a substantial customer base. The property's address is 799 River Oaks Drive, Calumet City, IL 60409. This is a rare opportunity to acquire a well-positioned restaurant space with existing infrastructure and a proven track record. The property's size and features make it an attractive investment for those seeking a profitable venture in a thriving community. The existing drive-thru lane is a key feature that adds significant value and potential for increased revenue. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Lot 0.74 ac (32,437 SF)
APN 30-19-218-023
UPID US28-0176754

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

799 River Oaks Dr Calumet City, IL 60409
Calumet City metro Census 826202 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2025
Last sale
$299,000
7 recorded transactions
2025
$299,000
2019
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
2013
Price N/A

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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