Retail Space
611 Wentworth Avenue Calumet City, IL 60409
Details & Description
Price: $729,000
    HighlightsRetail Strip Center Available For Sale9.5 Cap Rate with upsideClean lines of visibility and ample parking on siteHealthy mix of tenantsValue add playDescriptionTremendous opportunity to purchase existing 9.5 cap rate strip mall with upside in an Opportunity Zone Area (QOZ)! The property has one vacancy that will bring cap rate to 11.5%. Located next to beautiful Memorial Park in and up and coming Calumet City.LocationLocated at 611-25 Wentworth Avenue in Calumet City, IL. Across from beautiful Memorial Park. Chicago South Suburban.
    Listing Agents
    Sandra Hatzopoulos
    First Western Properties
    O: 847-970-2541
    M: 847-970-2541
    Sandy@1stwesternproperties.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    611 Wentworth Avenue

    Calumet City, IL 60409

    Listing ID: 203491
    611 Wentworth Avenue Calumet City, IL 60409 | for Sale | Photo 1
    Building Size: 10,680 SF
    Lot Size: 0.517 AC
    Land Size: 22,500 SF
    Building $/SF: $68.26
    Land $/SF: $32.40
    Price
    $729,000
    Description

    Highlights

    Retail Strip Center Available For Sale

    9.5 Cap Rate with upside

    Clean lines of visibility and ample parking on site

    Healthy mix of tenants

    Value add play

    Description

    Tremendous opportunity to purchase existing 9.5 cap rate strip mall with upside in an Opportunity Zone Area (QOZ)! The property has one vacancy that will bring cap rate to 11.5%. Located next to beautiful Memorial Park in and up and coming Calumet City.

    Location

    Located at 611-25 Wentworth Avenue in Calumet City, IL. Across from beautiful Memorial Park. Chicago South Suburban.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Retail Space for Sale

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    Calumet City Area Market Trends

    Listing Demographics for 611 Wentworth Avenue Calumet City, IL 60409

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,784108,698249,419
    Population Median Age353737
    Population by Age0-9 Yrs1944 (12%)13667 (12%)32555 (13%)
    10-19 Yrs2840 (17%)16881 (15%)37833 (15%)
    20-29 Yrs2340 (14%)15855 (14%)34991 (14%)
    30-39 Yrs1751 (11%)13602 (12%)30386 (12%)
    40-49 Yrs2213 (14%)13854 (12%)31326 (12%)
    50-59 Yrs2326 (14%)14648 (13%)32349 (12%)
    60-69 Yrs1399 (8%)10868 (9%)26896 (10%)
    70+ Yrs971 (6%)9323 (8%)23083 (9%)
    Median HH Income$36,258$43,293$47,174
    Total Household Income< 24K2068 (36%)11844 (29%)24697 (26%)
    25-49K1389 (24%)10634 (26%)23240 (25%)
    50-74K1169 (20%)7785 (19%)17330 (18%)
    75-99K512 (9%)4399 (10%)11022 (12%)
    100-199K414 (7%)5105 (12%)13647 (14%)
    200K+62 (1%)577 (1%)1720 (1%)
    Highest Education LevelNo Diploma18771236124185
    Diploma or GED31892344752889
    Some College28451801340988
    Assoc. Degree853556613214
    Bachelors Degree723699419820
    Higher Degree18334449880
    Total Housing Units6,88147,173105,268
    --Owner-Occupied2,32122,39456,417
    --Renter-Occupied3,29317,95035,240
    Owner-Occupied Values< 100K14701220024335
    100-199K684862625676
    200-299K639884314
    300-399K352791164
    400-499K033346
    500K+70269581
    Total Working Age Population12,04585,082194,132
    In Work Force7,02652,215119,224
    Not In Work Force5,01932,86774,908
    Workforce Employed6,00345,711105,745
    Workforce Unemployed1,0236,49513,388
    Civlian Workforce7,02652,205119,133
    Military Workforce01091
    Total Households5,61540,34491,657
    Family Households3,49825,11759,355
    Non-Family Households2,11715,22732,302
    Married Couple1,53012,50231,238
    Other Family1,96712,61428,117
    Married w/Child7214,96611,843
    Single Male w/Child2881,1902,611
    Single Female w/Child8705,14811,860

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    Will County502,266+35677,560+34907,625+201,093,207
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Lake County484,564+2496,005-3479,815+1482,321

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 611 Wentworth Avenue in Calumet City?
    The asking price for 611 Wentworth Avenue is $729,000
    What is the building size of this Retail property in Calumet City, IL?
    The size of the building/unit at 611 Wentworth Avenue in Calumet City is 10,680 square feet
    How much land does the Calumet City, IL property at 611 Wentworth Avenue include?
    611 Wentworth Avenue in Calumet City includes 0.517 acres of land
    What kind of Retail is the propery at 611 Wentworth Avenue?
    The property at 611 Wentworth Avenue Calumet City, IL 60409 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 611 Wentworth Avenue in Calumet City?
    The population within 1 mile of 611 Wentworth Avenue Calumet City, IL 60409 is 15,784 people.
    Who do I contact for questions about 611 Wentworth Avenue?
    You should contact the listing agent, Sandra Hatzopoulos, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    17060 Torrence Avenue, Lansing, IL $3,846,000 5358 1.24
    1024 Sibley Boulevard, Dolton, IL $2,995,000 50886 4.8
    844 Sibley Boulevard, Dolton, IL $1,229,268 7000 1
    901 East 162nd Street, South Holland, IL $775,000 4225 0.23
    3234 Ridge Road, Lansing, IL $259,000 438 0.42

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 16
    Chicago O'Hare International Airport (ORD) 32
    South Bend Regional Airport (SBN) 63
    Price
    $729,000
    Listing Agent
    Sandra Hatzopoulos - CRE Agent at First Western Properties

    Sandra Hatzopoulos

    First Western Properties

    CONTACT AGENT

    More listings from Sandra Hatzopoulos
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