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    OFF-MARKET
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    1185 Elmhurst Rd, Des Plaines, IL 60016

    1 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • DN Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
    • GOGO FOOD & LIQUOR Grocery & Convenience Store
    • George's liquor & tobacco (Bike/Boat/Book/etc) Store Wine and Liquor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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