121 Schaumburg RdSchaumburg, IL 60194

Property Details for 121 Schaumburg Rd

Year built

1960

Lot size

1.01 AC

Property size (Sq ft)

1,965 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This exceptional 1,965 square foot retail property, located at 121 W Schaumburg Rd, Schaumburg, IL 60194, presents a lucrative investment opportunity. The property, built in 1960 and extensively renovated in 2023, encompasses a well-established gas station and a three-bay auto service center. The single-story building sits on a spacious 1.01-acre lot, offering ample parking across two parcels. The gas station boasts four pumps and features brand new (installed one year ago) double-wall fiberglass fuel tanks. A significant advantage is the existing fuel supply agreement, with two years remaining. This turnkey operation benefits from high daily traffic counts and excellent road visibility. The asking price for this combined business and real estate offering is $1,300,000. This is a rare chance to acquire a profitable, established business with significant upside potential in a prime Schaumburg location. The property is zoned for auto shop, convenience store, and gas station uses.

Location Insight

City

Schaumburg

County

Cook

State

Illinois

Latitude

42.0305

Longitude

-88.1121

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