Property profile

1185 Elmhurst Rd Des Plaines, IL 60016

OFF-MARKET
Specialty properties
1 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional opportunity presents a thriving liquor store located at 1185 Elmhurst Road, Des Plaines, IL, 60016, in Cook County. Priced at $199,000, this turnkey business boasts a prime location within a shopping center, benefiting from ample on-site parking and proximity to both residential and commercial districts. The 1-square-foot store enjoys 100% occupancy and operates seven days a week from 11:00 a.m. to 11:00 p.m., generating approximately $50,000-$55,000 in monthly gross sales. All fixtures, features, and equipment are included in the sale, along with the valuable inventory. The current lease is a NNN (Net Lease) agreement with a monthly cost of $3,200, featuring 3 years remaining and a 3-year option. The seller is motivated to sell due to an inability to maintain the long working hours required. This is a fantastic opportunity for an entrepreneur seeking a well-established, profitable business in a high-traffic area with convenient access to public transportation. The business is currently operating under a single tenancy. Serious inquiries only. Please note that the business is for sale only

Property profile

Verified
Property type Specialty properties
Total area 1 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Grocery & Convenience Store
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

1185 Elmhurst Rd Des Plaines, IL 60016
Des Plaines metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1185 Elmhurst Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message