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Operating C-Store with Gas
For Sale
Contact for pricing

500 E Lake St, Addison, IL 60101

Operating convenience store with gas and car wash for sale.

Property SizeContact for details
Days on Market156

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 · License #IL
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 11 at 9:08AM

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

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

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 Law Firm (Bike/Boat/Book/etc) Store Storage Facility Skin Care Clinic Grocery & Convenience Store Acupuncture

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

531
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 97% Hotels & Casinos 3%
Speedway Shops & Services
11,427 visits/mo 0.4 miles
Mobil Shops & Services
6,850 visits/mo 0.4 miles
Shell Shops & Services
3,394 visits/mo 0.1 miles
Citgo Shops & Services
2,968 visits/mo 0.3 miles
Baymont By Wyndham Addison Hotels & Casinos
780 visits/mo 0.3 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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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 Call to check price and availability
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