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    1149 Irving Park Rd Itasca, IL 60143

    Sponsored
    For Sale
    $950,000

    High-Volume BP Station, Great Location

    Property size:
    400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This lucrative BP gas station, located at 1149 W Irving Park Rd in Itasca, IL (DuPage County, zip code 60143), presents a compelling investment opportunity. The 400 square foot property boasts a prime location at a major intersection of Irving Park Road and Route 53, ensuring high traffic volume. Monthly sales figures are impressive, averaging approximately 25,000 gallons of fuel, $30,000 in C-store sales, and $3,000 in lottery commission. The station features four pumps and two steel tanks. Currently operating under an absentee owner, this presents significant potential for increased profitability under active management. The property operates from 6:00 PM to 11:00 PM daily. A supply agreement with Parent Petroleum is in place, extending until 2030. The annual real estate tax is $12,000. Asking price is $950,000. This single-tenancy retail property offers a strong return on investment for the right buyer.

    Property Features for 1149 Irving Park Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    400 SF

    HighLights

    • Excellent location in Itasca Village, DuPage County.
    • High‑traffic intersection of Irving Park Rd. and Route 53.
    • Monthly sales: 25,000 gallons fuel, $30,000 C‑store, $3,000 lottery.
    • Four pumps and two steel tanks.
    • Absentee ownership; significant upside potential.
    • Operating hours: 6 PM to 11 PM daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    bp Convenience Store Unbank Bitcoin ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Itasca
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0434966
    Latitude
    41.9752086

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    FAQs

    What type of property is this?
    Automotive property - High-Volume BP Station, Great Location
    Where is this automotive property located?
    The property is located at 1149 Irving Park Rd Itasca, IL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Excellent location in Itasca Village, DuPage County.; High-traffic intersection of Irving Park Rd. and Route 53.; Monthly sales: 25,000 gallons fuel, $30,000 C-store, $3,000 lottery.
    Request Owner's contact information
    1149 Irving Park Rd Itasca, IL 60143
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    Itasca, IL 60143
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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
    1149 Irving Park Rd Itasca, IL 60143
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