GRANDCAL CITY PLAZA 2 Retail Properties Offered at $4,041,189 CAD in Calumet City, IL

This 2.153-acre property features two buildings totaling 21,241 SF and 4,368 SF, both equipped with drive-thru and loading dock capabilities, and offers abundant parking for tenants and customers. The site is 100% leased to three tenants and shadow-anchored by Chase Bank, ensuring steady traffic and visibility. Located at a signalized corner on highly trafficked 159th Street with an average daily traffic count of 28,500 vehicles, the property benefits from excellent accessibility just 0.7 miles east of the US 94 Expressway and only 20 miles south of the Chicago Loop. The surrounding area boasts a population of 103,602 within three miles and an average household income of $79,751, with River Oaks Mall adjacent to the site. This investment opportunity offers a net operating income of $271,194 and a 9.4% cap rate, with a new asking price of $2,895,000. Ownership is open to considering all reasonable offers.