1602 River Rd Des Plaines, IL 60018
- Gas stations
- 0.06 lot acres
Current Use by Public Records
- Mobil / Gas Station
- Cardtronics ATM / Atm
Property Details for 1602 River Rd
- Year built
- 1986
- Lot size
- 0.06 lot acres
- Property type
- Gas stations
- APN
- 09-28-105-023
- APU
- 928105023
Description
This exceptional Des Plaines property, located at 1602 S River Rd, 60018, offers a prime retail opportunity. Currently operating as a Mobil gas station, this site presents significant potential for redevelopment. The asking price is $1,475,000. The substantial lot size allows for a variety of uses beyond its current configuration. A detailed business pro-forma is available upon request, outlining the financial projections for various development scenarios. The property's strategic location in Des Plaines, Illinois, ensures high visibility and accessibility, making it an attractive investment for entrepreneurs and developers alike. The property's high traffic count and prominent positioning along S River Rd offer exceptional exposure to a large customer base. Consider the possibilities of converting this site into a fast-food franchise or exploring other lucrative retail ventures. This is a rare opportunity to acquire a well-situated property with significant upside potential in a thriving market. Further information regarding other similar properties in the Northwest Suburban Chicago area, ranging from $1,700,000 to $3,750,000, is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Des Plaines
- County
- Cook
- State
- Illinois
- Longitude
- -87.877
- Latitude
- 42.024
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
