Operating

Bob's Discount Furniture

Bob’s Discount Furniture in Calumet City is a single-tenant, net-leased retail asset positioned in the heart of one of Chicagoland’s most established south-suburban retail corridors. The property sits on Torrence Avenue at the entrance to Shoppers World, Shoe Carnival, Men’s Wearhouse, and Sam’s Club, placing it directly in the path of the daily and weekend shopping traffic these regional draws generate.

The site sits less than a mile north of Interstate 94, giving it immediate access to the interstate system that connects Chicago’s south suburbs to Northwest Indiana, and it benefits from the cross-border retail demand that access creates. The intersection of Torrence Avenue and River Oaks Drive carries in excess of 42,000 vehicles per day. Directly across the street, River Oaks Mall anchors the broader trade area and reinforces the corridor’s standing as the primary shopping destination for the surrounding communities.

Location

1370 Torrence Avenue, Calumet City, IL 60409

Project Type

Retail

Current Status

Operating

BROKER CONTACT INFO

Mid-America Real Estate Corporation, Jimmy Danaher

jdanaher@midamericagrp.com

630-954-7238

Site plan

Demographics

1 Mile 3 Miles 5 Miles
Population
Population (2020 Census) 6,605 113,772 242,702
Population (ACS 2020–24 est.) 5,609 109,608 237,084
Median Age 50.3 40.0 38.8
Under 18 18.0% 23.1% 23.9%
Ages 25–44 22.1% 24.6% 25.0%
65 and Over 31.1% 16.0% 15.9%
Households
Households 2,701 43,297 90,925
Persons per Household 2.08 2.53 2.61
Housing Units (2020 Census) 3,325 47,458 100,402
Owner-Occupied 68.5% 67.4% 66.8%
Median Home Value (approx.) $185,823 $182,079 $188,025
Income
Median Household Income $54,924 $65,639 $63,622
Average Household Income $76,644 $80,648 $81,406
Per Capita Income $37,749 $32,227 $31,755
HH Income under $50K 45.0% 38.8% 40.3%
HH Income $100K+ 22.5% 28.3% 29.0%
HH Income $150K+ 11.6% 13.5% 14.0%
Education & Employment
Bachelor’s Degree or Higher (25+) 28.3% 24.8% 24.3%
Unemployment Rate 9.4% 9.2% 9.6%

Map Location

Interested in Learning More?

We are constantly evaluating new opportunities in the New England market and beyond. If you are a property owner, broker, municipality, family office or investor looking to collaborate on our next landmark project, let's connect.