1602 Riv Rd Des Plaines, IL 60018-2252
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.
-
Mobil Gas Station
-
Cardtronics ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.