Date
Details
Price
Change
Source
2/03/2026
Listed
$1,225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,225,000
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Property Description
Presenting the opportunity to acquire a Dollar General Redevelopment NNN investment positioned in a strong, transit-oriented location in the Chicago suburb of Calumet City. 626 River Oaks Drive contains 12,855 square-feet and is situated on approximately 0.66 acres. Near IL/IN state line at the northwest corner of River Oaks Road and Burnham Avenue, the property benefits greatly from its position next to McDonald's and Dunkin', and a few blocks from River Oaks Mall. The brick construction building has been remarkably-maintained and offers its visitors 38 total parking spots in accessible front and side lots. Multiple entrances on River Oaks Drive and access from Burnham Avenue aid traffic flow and allow the business to operate smoothly. Currently in year three of a ten-year corporate lease, Dollar General has shown stability and continued success at the location. This asset is being offered at a 7.75 CAP rate with tremendous cash flow and continued growth.
Full Property Details
Full Property Details for 626 River Oaks Dr
General
- Price: $1,225,000
- Taxes: $34,726 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12561089
- Updated: 5/5/2026
- Added to Site: 100 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Calumet City
- County: Cook
- Township: Thornton
- Driving Directions: River Oaks Drive to property
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 12,855
- Year Built: 1998
Lot Features
- Lot Size (Sq. Ft.): 28,750
- Lot Dimensions: 0 x 0
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1998
- Tax Amount: $34,726
- Tax Year: 2023
Disclosures and Reports
- Property ID: 30192040050000
Listed by Brookline Real Estate LLC
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Listing agent
— 626 River Oaks Dr —
Brookline Real Estate LLC
NMLS#: 1598647
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Schools
Schools serving 626 River Oaks Dr
School Districts:Hoover-Schrum Memorial School District 157, Thornton Fractional Township High School District 215
| Name | Grades | Distance |
|---|---|---|
Hoover Elementary School, Calumet City, IL 1260 Superior Avenue, Calumet City, IL 60409 | PK-5 | 0.3 mi |
Schrum Memorial School 485 165th Street, Calumet City, IL 60409 | 6-8 | 0.7 mi |
Thornton Fractional North High School 755 Pulaski Road, Calumet City, IL 60409 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 626 River Oaks Dr
Tax History
Tax History for 626 River Oaks Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,337
-55%
$3,554
-41%
2022
$5,148
-59%
$6,037
-60%
2021
$12,628
18%
$15,094
—
2020
$10,667
—
$15,094
5%
2019
$10,645
-1%
$14,318
—
2018
$10,712
5%
$14,318
—
2017
$10,173
24%
$14,318
18%
2016
$8,196
2%
$12,162
—
2015
$8,074
4%
$12,162
—
2014
$7,766
11%
$12,162
2%
2013
$7,020
8%
$11,884
—
2012
$6,506
—
$11,884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 626 River Oaks Dr
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,600Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,078Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,300Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,252Sq. Ft.
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- Single Family
- Active
- Updated 11 hours ago
- 4Beds
- 2Total Baths
- 2,000Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,320Sq. Ft.
Listed by Ellsbury Group
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
- 1,036Sq. Ft.
Listed by Briar Executive Realty
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,408Sq. Ft.
Listed by Integrity Realty Partners
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- Single Family
- Closed
- 3Beds
- 5Total Baths
- 6,198Sq. Ft.
Listed by Coldwell Banker Realty and Meagan Skinner
Sold by RE/MAX Diamond Properties
Sold by RE/MAX Diamond Properties
- Multi-Family
- Closed
Listed by Simplify Your Move! Realty Inc
Sold by Simplify Your Move! Realty Inc
Sold by Simplify Your Move! Realty Inc
626 River Oaks Drive, Calumet City, IL 60409 (MLS# 12561089) is a Commercial property. 626 River Oaks Drive is currently listed for $1,225,000 and was received on February 03, 2026. Want to learn more about 626 River Oaks Drive? Do you have questions about finding other Commercial real estate for sale in Calumet City? You can browse all Calumet City real estate or contact a Coldwell Banker agent to request more information.