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    Sec Dundee Rd And Arlington Hts Rd Buffalo Grove, IL 60089

    Sponsored
    For Lease
    Contact for pricing

    Gas station, 60,638 SF, redevelopment potential.

    Lot size:
    60,638 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 60,638 square foot retail property, situated at the high-traffic intersection of Dundee Road and Arlington Heights Road, presents a compelling investment opportunity. Currently configured as a single-tenant gas station, the site boasts unparalleled visibility and accessibility. Its strategic location is surrounded by a dense residential population, ensuring a consistent customer base. The property's prime position offers significant redevelopment potential, allowing for a variety of uses to capitalize on the area's strong demographics and high traffic counts. Nearby established businesses include Walgreens, Starbucks, Noodles & Company, and Dunkin' Donuts, further enhancing the site's desirability and potential for success. The asking price is available upon request. This is a rare chance to acquire a substantial retail property in a thriving location with significant upside potential. Serious inquiries are encouraged to explore this unique opportunity. The property is offered as a single-tenant site, providing a streamlined ownership experience. The substantial square footage allows for flexibility in future development plans.

    Property Features for 0 Sec Dundee Rd And Arlington Hts Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,638 SF

    Unit(s) available at that property

    Space
    Size
    60,638 SF

    HighLights

    • 60,638 SF single‑tenant retail gas station.
    • Price available upon request.
    • High visibility corner lot at Dundee and Arlington Heights Roads.
    • Surrounded by a dense residential population.
    • Strong redevelopment potential.
    • Nearby retailers include Walgreens, Starbucks, Noodles & Company, and Dunkin'.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Buffalo Grove
    County
    Lake
    State
    Illinois
    Longitude
    -87.9850542
    Latitude
    42.1391834

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    FAQs

    What type of property is this?
    Retail property - Gas station, 60,638 SF, redevelopment potential.
    Where is this retail property located?
    The property is located at Sec Dundee Rd And Arlington Hts Rd Buffalo Grove, IL.
    What are key features of this property?
    This property features: 60,638 SF single-tenant retail gas station.; Price available upon request.; High visibility corner lot at Dundee and Arlington Heights Roads.
    Request Owner's contact information
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    Buffalo Grove, IL 60089
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sec Dundee Rd And Arlington Hts Rd Buffalo Grove, IL 60089
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