Current Use by 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
Property Details for 21W020 Lake St
- Property type
- Retail properties & Spaces
- Property subtype
- Gas stations
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Addison
- County
- DuPage
- State
- Illinois
- Longitude
- -88.0323
- Latitude
- 41.9508
