121 Schaumburg Rd Schaumburg, IL 60194
- Retail properties
- 1,965 SF
- 1.01 lot acres
Current Use by Public Records
- Marathon Gas / Gas Station / Convenience Store
- Platinum Heating & Cooling / Corporate Office / Furnace Repair Service
Property Details for 121 Schaumburg Rd
- Year built
- 1960
- Lot size
- 1.01 lot acres
- Property size
- 1,965 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional 1,965 square foot retail property, located at 121 W Schaumburg Rd, Schaumburg, IL 60194, presents a lucrative investment opportunity. The property, built in 1960 and extensively renovated in 2023, encompasses a well-established gas station and a three-bay auto service center. The single-story building sits on a spacious 1.01-acre lot, offering ample parking across two parcels. The gas station boasts four pumps and features brand new (installed one year ago) double-wall fiberglass fuel tanks. A significant advantage is the existing fuel supply agreement, with two years remaining. This turnkey operation benefits from high daily traffic counts and excellent road visibility. The asking price for this combined business and real estate offering is $1,300,000. This is a rare chance to acquire a profitable, established business with significant upside potential in a prime Schaumburg location. The property is zoned for auto shop, convenience store, and gas station uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Schaumburg
- County
- Cook
- State
- Illinois
- Longitude
- -88.1121
- Latitude
- 42.0305
