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    Property profile & analytics

    599 Suburs Northwest Suburbs, IL 60000

    • Retail properties
    For Sale
    View listing
    $599,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 599 Suburs

    Property type
    Retail properties
    Property subtype
    Grocery and convenience stores

    Description

    This exceptional investment opportunity presents a vacant gas station and convenience store, situated on a one-acre lot in the Northwest Suburbs of Cook County, Illinois, zip code 60000. The property, currently listed at $599,000, is a single-story building totaling 2,464 square feet. This is an owner-user investment opportunity, ideal for an entrepreneur looking to establish or expand their business. The property is being sold as a Real Estate Owned (REO) asset. The sale includes the land and building, however, potential buyers should be aware that the underground fuel tanks require removal. This presents an opportunity for significant cost savings for a buyer who can manage the tank removal process. The property's convenient location in a bustling Northwest Suburb of Chicago offers high visibility and potential for strong customer traffic. The existing structure includes a convenience store and an auto repair shop, providing a versatile layout adaptable to various business models. The property is being offered as a direct sale, with no additional sales information currently available. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Northwest Suburbs
    County
    Cook
    State
    Illinois

    Comparable in this City

    • Value Estimation by Request
      2,230 SF

      2.1 Confidential Ave

      Automotive properties • 2,230 SF
      0 2.1 Confidential Ave, West Chicago, IL 60000
      View Details
    • Value Estimation by Request
      12,600 SF

      599 Cicero Il

      Retail properties • 12,600 SF
      599 Cicero Il, Confidential, IL 60000
      View Details

    Similar Nearby for Sale

    • $599,000

      Prime Gas Station & Store Investment

      Illinois Convenience Store & Gas Station
      599 Suburs, Northwest Suburbs, IL 60000
      View Details
    • $2,100,000
      2,230 SF

      Prime DuPage County C-Store & Gas Station

      Established business, high traffic location, strong sales.
      0 2.1 Confidential Ave, West Chicago, IL 60000
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    • $599,900
      12,600 SF

      Cicero IL Car Lot - $599,900

      Prime Used Car Dealership, High Traffic Area
      599 Cicero Il, Confidential, IL 60000
      View Details
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    599 Suburs
    Northwest Suburbs, IL 60000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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