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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23578097
23578098

1435 River Oaks Dr, Calumet City, IL 60409

PF
IL 475118789
Matthews
AR
IL 475.212633
Matthews
Listed by Matthews
$549,000
370 days on market
Updated 69 days ago

DRIVE-THRU FOR SALE/LEASE | CHICAGO MSA

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 3,029
Tenancy Vacant
Year Built 2000
Buildings 1
Investment Type Owner/User
Ownership Fee Simple
Sale Condition Distressed

VACANT BUILDING | 3,029 SF | 0.97 AC

Investment highlights

  • FREESTANDING DRIVE-THRU RESTAURANT
    This single-tenant, quick-service restaurant features an existing drive-thru and functional layout built for high-volume traffic and fast-paced service—ideal for national and regional food operators seeking a turnkey opportunity.

  • ELIGIBLE FOR CLASS 8 TAX INCENTIVE - UP TO 60% PROPERTY TAX REDUCTION
    The property qualifies for Cook County’s Class 8 incentive, which reduces the assessed value from 25% to 10% for a period of 10 years, significantly lowering the property tax burden and enhancing investment returns.

  • PRIME RETAIL CORRIDOR
    Strategically positioned along a dominant retail corridor, River Oaks Drive, the site is adjacent to River Oaks West Center—anchored by Ross Dress For Less, Marshalls, and Foot Locker—and surrounded by national retailers such as Target, Walmart, and The Home Depot.

  • PROVEN LOCATION
    The immediate area boasts a dense concentration of high-performing retailers and national QSR brands, including Chick-fil-A, Buffalo Wild Wings, Culver’s, Wendy’s, Chili’s, and Olive Garden. This established retail presence reinforces the location’s strength and helps drive consistent consumer traffic and cross-shopping activity throughout the day.

  • EXCELLENT VISIBILITY WITH EXISTING PYLON SIGNAGE
    Located on River Oaks Drive, a major arterial with over 52,200 vehicles per day, the property offers strong exposure with building frontage and an existing pylon sign providing prominent brand visibility to both local and pass-through traffic.

  • DENSE, ESTABLISHED TRADE AREA
    The site is supported by a robust local population of approximately 250,643 residents within five miles, including families, professionals, and commuters driving steady demand for food and retail services.

  • HIGH DAYTIME ACTIVITY & ACCESSIBILITY
    In addition to strong residential density, the property benefits from high daytime traffic generated by nearby employers and shopping destinations, with convenient ingress/egress enhancing accessibility and customer flow.

Listing Contacts

PF
IL 475118789
Matthews
AR
IL 475.212633
Matthews
Listed by Matthews

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Additional Information

Name
Matthew M. Fitzgerald
License
471021676, 478027547 (IL)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
600 W Fulton, Ste 100 Chicago, IL 60661
Name
Patrick Forkin
License
475118789
Brokerage
Matthews Real Estate
Title
Real Estate Broker
Name
Aaron Ramirez
License
475.212633
Brokerage
Matthews
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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