1901 River Oaks Dr, Calumet City, IL, 60409

1901 River Oaks Dr Calumet City, IL 60409

1901 River Oaks Dr, Calumet City, IL, 60409
1901 River Oaks Dr, Calumet City, IL, 60409 1901 River Oaks Dr, Calumet City, IL, 60409 1901 River Oaks Dr, Calumet City, IL, 60409 1901 River Oaks Dr, Calumet City, IL, 60409 1901 River Oaks Dr, Calumet City, IL, 60409 1901 River Oaks Dr, Calumet City, IL, 60409
FOR SALE
Property Type:
Free Standing Building
Amount:
$950,000
Last Verified:
Oct 17, 2024

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Description

• SINGLE TENANT MODIFIED NET LEASE
• PRIMARY LEASED TO DOORDASH, SUBLET TO WEST MARINE
• ADJACENT TO RIVER OAKS MALL
• 103,602 POPULATION & AHI OF $79,751 W/I 3 MILES
• CHICAGO MSA
• LOCATED ON HIGHLY TRAFFICKED 159TH ST. (28,500 ADT) AT SIGNALIZED CORNER
• JUST .7 MILE EAST OF US 94 EXPRESSWAY
• JUST 20 MILES SOUTH OF CHICAGO LOOP

Discover the vibrant business opportunities and rich amenities surrounding the property located in Calumet City, IL. Situated in a thriving commercial district, this location offers convenient access to major transportation routes and an array of local attractions. Nearby, the stunning River Oaks Center provides a premier shopping experience, while a variety of dining establishments cater to every taste. For outdoor enthusiasts, the vast Green Lake Park and River Oaks Golf Course offer leisure activities just minutes away. With a strategic location that balances business convenience with lifestyle amenities, the area presents an appealing opportunity for office building investors seeking a dynamic and well-connected location.

Building Size: 9980sq ft
Lot Size: 1.07 acres

Map of 1901 River Oaks Dr, Calumet City, IL, 60409

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.