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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1150 Irving Park Rd, Itasca, IL 60143

    1 SF
    Entity Owned 4-yr Hold
    Property ID
    US28-2653137
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a prime commercial property located at 1150 W Irving Park Rd, Itasca, IL 60143, in the heart of DuPage County. The property boasts a high-traffic location at the major intersection of Irving Park Road and Route 53, maximizing visibility and accessibility. The offering includes a Mobil gas station situated on a substantial land parcel, featuring six pump stations and three fiberglass tanks. Current monthly sales figures show approximately 50,000 gallons of fuel and $45,000 in convenience store revenue. While the self-service car wash tunnel is currently out of operation and requires repairs, it presents significant upside potential for a new owner. The property operates 24/7 and benefits from a long-term supply agreement with Casey's (Buchanan Oil), extending until 2032. The current absentee ownership structure provides an opportunity for hands-on management and increased profitability. The 2023 annual real estate tax was $23,000. This property is priced at $1,499,000 and offers a compelling return on investment for a savvy buyer looking to capitalize on a well-established business with expansion possibilities. The substantial land size also allows for future development or expansion opportunities.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1 SF
    UPID US28-2653137
    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
    • Micro HVAC Repair-Service Co Hardware & Home Improvement HVAC Service
    • Mobil Gas Station
    • Micro Heating & Cooling Hardware & Home Improvement HVAC Service
    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
    Itasca Building LLC · 4 yrs held
    Itasca Building LLC
    since 2021
    1 recorded transaction
    2021
    $1.4M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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