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Operating C-Store with Gas

500 E Lake St, Addison, IL 60101

For Sale
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Operating convenience store with gas and car wash for sale.

Property SizeContact for details
Days on Market247

Property Features for 500 E Lake St

General Information

Standard status Active
Property subtype Retail
Listing Agency: NRC Realty & Capital Advisors
Listed By: Patrick Downey
Source: Crexi
Added: Mar 9 Changed: Nov 5 Last Checked: Nov 10 at 5:44AM

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 NRC Realty & Capital Advisors

Rey
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Investment Insights

Based on property information with market context.

The property features an operating convenience store with gas and a car wash. Upon closing, the dealer will vacate the premises. The car wash area presents an opportunity for redevelopment into a larger convenience store. Inspections of the gas station are permitted during normal business hours, provided they do not disrupt business operations and exclude backrooms, storage areas, or secure areas.

Key Highlights

  • Operating C‑Store with Gas and Car Wash
  • Dealer will vacate upon closing
  • Car wash can be redeveloped into a large convenience store

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shell Gas Station ... Car Wash Shell Car Wash Addison Oil Management Gas Station ATI Physical Therapy Medical Clinic Kelsey C Nevell Physician

Suggested Use

Top Pick Restaurant Spa & Massage Center Storage Facility Skin Care Clinic Gym & Fitness Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

813
Businesses Nearby
193k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Groceries 34% Shops & Services 30%
Jewel-Osco Groceries
38,118 visits/mo 0.5 miles
Angelo Caputo's Fresh Markets! Groceries
27,054 visits/mo 0.1 miles
McDonald's Dining
26,193 visits/mo 0.1 miles
Chase Bank Shops & Services
18,701 visits/mo 0.2 miles
Dollar Tree Shops & Services
17,934 visits/mo 0.4 miles

Demographics for 60101, IL

37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,302
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Gas station - Operating convenience store with gas and car wash for sale.
Where is this gas station located?
The property is located at 500 E Lake St Addison, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Operating C‑Store with Gas and Car Wash; Dealer will vacate upon closing; Car wash can be redeveloped into a large convenience store
(312) 278-6870 · Office Call to check price and availability
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