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1901-1915 River Oaks Dr
South Holland, IL 60473

Retail Property For Sale

Investment Highlights

  • LESS THAN 1 MILE EAST OF US 94 EXPRESSWAY, JUST 20 MILES SOUTH OF CHICAGO LOOP
  • LOCATED ON 159TH ST, THE MAJOR EAST-WEST TRAFFIC ARTERY to CALUMET CITY (28,500 ADT)
  • EXCELLENT SUPPORTING DEMOGRAPHICS W/I 3 MILES (103,602 POPULATION & AVERAGE HOUSEHOLD INCOME OF $79,75

Executive Summary

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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,890 SF
Building Class
C
Year Built
2000
Price
$950,000
Price Per SF
$96
Cap Rate
9%
NOI
$85,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
10.19 AC
Parking
30 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
91 FT on River Oaks Dr

Amenities

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-24-200-092-0000
Land Assessment
$34,991
Improvements Assessment
$78,343
Total Assessment
$113,334
  • Listing ID: 34008184

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 1901-1915 River Oaks Dr, South Holland, IL 60473

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