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    2.1 Confidential Mount Prospect, IL 60056

    Sponsored
    For Sale
    $2,100,000

    Established gas station & convenience store with high sales.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional owner-user opportunity presents a thriving gas station and convenience store located in Mount Prospect, Illinois (zip code 60056), Cook County. The property, situated on a busy corner with high daily traffic counts, boasts a single-story building encompassing a well-established business. Annual sales figures demonstrate consistent profitability, averaging 500,000 gallons of fuel sold per year and $500,000 in convenience store revenue. The property includes four steel fuel tanks and benefits from a current supply agreement with six years remaining. The asking price of $2,100,000 includes both the real estate and the established business, excluding inventory. The property is zoned for commercial retail use, making it an ideal investment for an owner-operator seeking a turnkey operation in a prime location. This is a rare opportunity to acquire a profitable, established business with significant growth potential. Serious inquiries only. Principals only.

    Property Features for 0 2.1 Confidential

    General Information

    Property type
    Automotive properties

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Thriving gas station and convenience store in Mount Prospect, IL (60056).
    • High‑traffic corner location with strong sales: 500,000 gallons of fuel and $500,000 in convenience store revenue annually.
    • Turnkey operation including real estate, business (excluding inventory), and four steel fuel tanks. $2,100,000 asking price.
    • Six‑year remaining supply agreement.
    • Commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.9383822
    Latitude
    42.0646736

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    FAQs

    What type of property is this?
    Automotive property - Established gas station & convenience store with high sales.
    Where is this automotive property located?
    The property is located at 2.1 Confidential Mount Prospect, IL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Thriving gas station and convenience store in Mount Prospect, IL (60056).; High-traffic corner location with strong sales: 500,000 gallons of fuel and $500,000 in convenience store revenue annually.; Turnkey operation including real estate, business (excluding inventory), and four steel fuel tanks. $2,100,000 asking price.
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    2.1 Confidential Mount Prospect, IL 60056
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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
    2.1 Confidential Mount Prospect, IL 60056
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