1815 Court StKankakee, IL 60901

For Sale
$979,900
Profitable Gas Station & Convenience Store

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional owner-user opportunity presents a 1,500 sq ft gas station and convenience store in Kankakee, IL, situated on a 1.08-acre corner lot at the intersection of Fairmont Ave and Court St. Built in 1992 and renovated in 2000, the Class C property boasts 10 gas pumps and four fuel tanks (three 10,000-gallon tanks and one 8,000-gallon fiberglass tank). The convenience store generates $600,000 in annual sales, while fuel sales reach 200,000 gallons annually with a 50-cent-per-gallon margin. Importantly, the property is offered fee simple with 100% occupancy and no existing fuel supply agreement. The asking price is $979,900, translating to $653.27 per square foot. The property is zoned C-2 and features a single-story building. This turnkey operation presents a strong investment opportunity for a buyer seeking a profitable, established business with significant revenue potential. The convenience store does not currently sell lottery tickets or liquor. The APN is 16093342402200.

Highlights

  • Gas station and convenience store business for sale, including real estate.
  • Annual fuel sales of 200,000 gallons with a $0.50/gallon margin; convenience store annual sales of $600,000 (no lottery or alcohol sales).
  • Corner lot at Fairmont Ave & Court St, situated on one acre.
  • Four fuel tanks: three 10,000-gallon tanks and one 8,000-gallon fiberglass tank.
  • No existing fuel supply contract.

Property Details for 1815 Court St

Property type
Retail properties, Gas stations
Square Feet
1,500 SF
Class
C
Year Built/Renovated
1992/2000
Buildings
1
Stories
1
Lot Size (sq. ft)
47,045 SF
Units
1

Location Insight

City
Kankakee
County
Kankakee
State
Illinois
Latitude
41.119141
Longitude
-87.8403975
1815 Court St, Kankakee, Illinois

FAQs

What type of property is this?
Retail property - Profitable Gas Station & Convenience Store
Where is the retail property located?
The property is located at 1815 Court St Kankakee, IL.
What is the asking price?
The asking price for this property is $979,900.
What are key features of this property?
This property features: Gas station and convenience store business for sale, including real estate.; Annual fuel sales of 200,000 gallons with a $0.50/gallon margin; convenience store annual sales of $600,000 (no lottery or alcohol sales).; Corner lot at Fairmont Ave & Court St, situated on one acre.
How can I contact the broker?
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1815 Court St
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