2392 S Wolf Rd Des Plaines, IL 60018
Property profile & analytics
2392 S Wolf Rd Des Plaines, IL 60018
- Gas stations
- 3.65 lot acres
Property ID
US28-5882195
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- Exxon / Gas Station
- Mobil / Gas Station
- Laredo Taco Company / Restaurant
- Amazon Locker - Tancredi / Courier Service / Postal Service
Property Details for 2392 S Wolf Rd
- Year built
- 1964
- Lot size
- 3.65 lot acres
- Property type
- Gas stations
- APN
- 09-30-400-042
- APU
- 930400042
Description
This exceptional investment opportunity presents a 6,865 square foot 7-Eleven convenience store and gas station, built in 2021, situated on a 3.5-acre lot in Des Plaines, Illinois. The property boasts a strong 5.00% cap rate, with a Net Lease structure providing a stable income stream. The current lease, with a corporate guarantee from 7-Eleven (S&P rated A), has 11.5 years remaining, featuring 7.5% rent bumps every five years and four 5-year renewal options, extending the lease to 2036. The property's prime location directly off Interstate 90, near O'Hare International Airport and major expressways, ensures high visibility and significant traffic. The $10,500,000 asking price translates to $1,529.50 per square foot, reflecting the property's exceptional value and potential for long-term growth within the Chicago MSA's 9.4+ million population. The annual net operating income (NOI) is $525,000. This is a turnkey investment with minimal management requirements, offering a secure and lucrative return for discerning investors. The property's strategic location, coupled with the strength of the 7-Eleven brand and the favorable lease terms, makes this an unparalleled opportunity in the Chicago metropolitan area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,980,000
- ML approach
- $10,855,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Des Plaines
- County
- Cook
- State
- Illinois
- Longitude
- -87.9099
- Latitude
- 42.0095
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$292,249
$556,867
$578,899
$1,135,766
-
$2,227,468
$2,315,596
$4,543,064
