For Sale
$2,499,000

21W020 Lake St Addison, IL 60101

High-Traffic Gas Station & Auto Shop

Overview

Added:
Dec 11, 2024
Days on market:
130
Exceptional opportunity to acquire a profitable, established Marathon gas station and auto body shop in Addison, Illinois. This turnkey operation boasts a prime location on a signalized corner with over 75,000 vehicles passing daily, ensuring consistent customer traffic and strong sales. The property includes two buildings totaling 2,770 square feet on a 37,897 square foot lot, zoned B-2. Eight gas pumps serve a loyal customer base, and a second building presents potential for additional lease income. Ample parking is available for customers and staff. The property's strategic location near the I-355 on-ramp provides excellent visibility and accessibility. This well-regarded business offers significant potential for increased profitability and even redevelopment into a larger convenience store or gas station operation. The asking price of $2,499,000 includes both the property and the established business. The property consists of combined parcels 21W020 Lake St. and 21W042 Lake St., with APNs 02-13-412-020 and 02-13-412-021. This is a rare opportunity to own a thriving business in a high-demand location.

Highlights

  • High-traffic gas station and auto body shop on a signalized corner, exceeding 75,000 vehicles daily.
  • Established business with loyal clientele and strong sales, offering significant upside potential.
  • Prime location with excellent visibility adjacent to the I-355 on-ramp.
  • Additional building and parcel available for lease, generating supplemental income.
  • Ample parking for customers and staff.
  • Potential for redevelopment into a larger convenience store and gas station.

Property Details for 21W020 Lake St

Property type
Retail properties, Gas stations
Buildings
2

Location Insight

City
Addison
County
DuPage
State
Illinois
Latitude
41.950751086925
Longitude
-88.032285512883
21W020 Lake St, Addison, Illinois

FAQs

What type of property is this?
Retail property - High-Traffic Gas Station & Auto Shop
Where is the retail property located?
The property is located at 21W020 Lake St Addison, IL.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: High-traffic gas station and auto body shop on a signalized corner, exceeding 75,000 vehicles daily.; Established business with loyal clientele and strong sales, offering significant upside potential.; Prime location with excellent visibility adjacent to the I-355 on-ramp.
How can I contact the broker?
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21W020 Lake St
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