1330 Torrence AveCalumet City, IL 60409

Property Details for 1330 Torrence Ave

Lot size

1.17 AC

Property type

Commercial real estate

APN

29-24-200-051

APU

2924200051

Description

This exceptional 5,887-square-foot retail storefront, situated on a 1.25-acre lot at 1330 Torrence Avenue in Calumet City, Illinois (zip code 60409), presents a compelling net lease investment opportunity. The property boasts a strong annual net operating income (NOI) of approximately $180,000, generated by two established tenants: Metro by T-Mobile and Mission Dispensary. The building features a newly resealed and restriped parking lot with 55 spaces, enhanced by new exterior and parking lot LED lighting. Its prime location within Calumet City's retail business corridor ensures high visibility and accessibility, with immediate access to I-94 and a daily traffic count of 22,000 vehicles on Torrence Avenue. The property benefits from its proximity to the Indiana state line and the strategic advantage of being the only dispensary within a 5-mile radius. This turnkey investment offers a rare combination of strong tenant occupancy, excellent location, and significant upside potential. Contact us for pricing and a complete offering memorandum.

• Alternative Use

  Use

  Valuation

  Residential

  $18,795,866

  Hospitality

  $17,216,912

  Educational

  $14,324,269

  Medical

  $14,816,902

  Retail

  $22,282,196

Location Insight

City

Calumet City

County

Cook

State

Illinois

Latitude

41.5979

Longitude

-87.5595

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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