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    6.7 Gas Sta Chicago, IL 60600

    Sponsored
    For Sale
    $6,700,000

    Established Business & Real Estate Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a thriving, owner-user convenience store and gas station in Chicago, Illinois. Located at 6.7 Gas Station, Cook County, zip code 60600, this single-story, single-unit property boasts impressive annual sales figures. Fuel sales consistently reach 2,000,000 gallons annually, while the convenience store generates an additional $2,400,000 in yearly revenue. Importantly, the store currently does not sell liquor or lottery tickets. The asking price of $6,700,000 encompasses both the business and the real estate, offering a turnkey operation with 100% occupancy. The property is zoned for commercial use and presents a significant opportunity for a hands-on owner or an experienced investor seeking a high-performing asset. Note that there is no existing fuel contract associated with this property. Serious inquiries only; proof of funds is required. This is a rare chance to acquire a well-established business with substantial revenue streams in a prime Chicago location. The property is situated at 41.870546480608745 latitude and -87.61857362704983 longitude.

    Property Features for 0 6.7 Gas Sta

    General Information

    Property type
    Automotive properties

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $6,700,000 asking price.
    • Retail property, convenience store and gas station combination.
    • Owner/user investment opportunity.
    • 100% occupancy.
    • Located in Chicago, IL.
    • Annual fuel sales: 2,000,000 gallons; annual store sales: $2,400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.61857362705
    Latitude
    41.870546480609

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    FAQs

    What type of property is this?
    Automotive property - Established Business & Real Estate Included
    Where is this automotive property located?
    The property is located at 6.7 Gas Sta Chicago, IL.
    What is the asking price?
    The asking price for this property is $6,700,000.
    What are key features of this property?
    This property features: $6,700,000 asking price.; Retail property, convenience store and gas station combination.; Owner/user investment opportunity.
    Request Owner's contact information
    6.7 Gas Sta Chicago, IL 60600
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    Chicago, IL 60600
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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
    6.7 Gas Sta Chicago, IL 60600
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