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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

21W020 Lake St Addison, IL 60101

Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire a profitable, established Marathon gas station and auto body shop in Addison, Illinois. This turnkey operation boasts a prime location on a signalized corner with over 75,000 vehicles passing daily, ensuring consistent customer traffic and strong sales. The property includes two buildings totaling 2,770 square feet on a 37,897 square foot lot, zoned B-2. Eight gas pumps serve a loyal customer base, and a second building presents potential for additional lease income. Ample parking is available for customers and staff. The property's strategic location near the I-355 on-ramp provides excellent visibility and accessibility. This well-regarded business offers significant potential for increased profitability and even redevelopment into a larger convenience store or gas station operation. The asking price of $2,499,000 includes both the property and the established business. The property consists of combined parcels 21W020 Lake St. and 21W042 Lake St., with APNs 02-13-412-020 and 02-13-412-021. This is a rare opportunity to own a thriving business in a high-demand location.

Property profile
Verified
Property type Retail properties & Spaces
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
  • Brand hut Big Box & Wholesale Store
  • Marathon Gas Station Addison Illinois Grocery & Convenience Store
  • Millennium HVAC Repair-Service Co Hardware & Home Improvement HVAC Service
  • Millennium Heating & Cooling Hardware & Home Improvement HVAC Service
  • Platinum USA Grocery & Convenience 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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