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1330 Torrence Ave

5,887 SF 100% Leased Retail Building Calumet City, IL 60409 For Sale

Executive Summary

Please call for pricing.
Approximately $180,000 annual NOI
5,887-sf out lot building with 2 tenants on a 1.25 acre lot
Property is leased by Metro by T-Mobile and Mission Dispensary
55 parking spaces on newly resealed and re-striped parking lot
New exterior and parking lot LED lighting
Located in the heart of the Calumet City retail business corridor
Immediate access to I-94
No other dispensaries within a 5-mile radius
Bordering the Indiana state line
22,000 average daily traffic count on Torrence

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,887 SF
Building Class
B
Year Built
1984
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.34 AC
Zoning
B-3
Parking
55 Spaces (9.34 Spaces per 1,000 SF Leased)
Frontage
254 FT on Torrence Ave

Amenities

  • Drive Thru

Nearby Major Retailers

US Bank ATM
Denny's
Great Steak
Buffalo Wild Wings
Starbucks
ALDI
Chase Bank
Olive Garden Italian Rstrnt
Strack & Van Til
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-24-200-051-0000
Land Assessment
$32,174
Improvements Assessment
$36,989
Total Assessment
$69,163
  • Listing ID: 32423869

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 1330 Torrence Ave, Calumet City, IL 60409

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