Retail Corner
2680 N River Road River Grove, IL 60171
For Sale
$1,500,000
High-traffic stoplight corner retail building with on-site signage and a street-level bus stop.
Property Size3,550 SF
Lot Size0.37 Acres
Price / SF$422.54
Days on Market502
Property Features for 2680 N River Road
General Information
- Standard status
- Active
- Size
- 3,550 SF
- Lot size
- 0.37 Acres
- Property subtype
- Commercial/Industrial
Listing Agency:
Strauss Realty Ltd
(847) 334-2587
Listed By:
Moshe Weinberger · License #475183341
(847) 334-2587
Source:
Exitrealty
Added: Mar 10, 2025
Changed: Jul 22
Last Checked: Jul 24 at 6:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Strauss Realty Ltd
Investment Insights
Based on property information with market context.
For sale, this retail corner property sits just south of Gene & Jude’s and offers a stoplight-controlled intersection presence with strong street visibility. The offering includes a 3,550 SF building on a 16,000 SF lot with signage, positioned for easy customer approach from the main thoroughfare.
The property is directly across the street from McDonald’s and a BP gas station, supporting consistent day-to-day commercial activity. Traffic is supported by an estimated 46,000 vehicles passing the location daily, and a bus stop is located in front of the property. River Grove Metra is approximately a 12-minute walk away, and Chicago O’Hare Airport is about a 12-minute drive.
Within a 3-mile radius, the area population is listed at 180,042 with 63,435 households and an average household income of $92,000.
The property is directly across the street from McDonald’s and a BP gas station, supporting consistent day-to-day commercial activity. Traffic is supported by an estimated 46,000 vehicles passing the location daily, and a bus stop is located in front of the property. River Grove Metra is approximately a 12-minute walk away, and Chicago O’Hare Airport is about a 12-minute drive.
Within a 3-mile radius, the area population is listed at 180,042 with 63,435 households and an average household income of $92,000.
Key Highlights
- High‑traffic stoplight corner retail building just south of Gene & Jude's
- 3,550 SF building on 16,000 SF land with on‑site sign
- Directly across from McDonald's and BP gas station
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.7k | $21.60 |
| − Vacancy | −$6.3k | −$1.77 |
| EGI | $70.4k | $19.83 |
| − OpEx | −$21.1k | −$5.95 |
| NOI | $49.3k | $13.88 |
3,550 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$703.9K
$615.9K – $821.3K
NOI $49,275 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,796 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - High-traffic stoplight corner retail building with on-site signage and a street-level bus stop.
Where is this storefront property located?
The property is located at 2680 N River Road River Grove, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High‑traffic stoplight corner retail building just south of Gene & Jude's; 3,550 SF building on 16,000 SF land with on‑site sign; Directly across from McDonald's and BP gas station
