1150 Irving Park RdItasca, IL 60143
- Specialty properties
- 1 SF
Property Details for 1150 Irving Park Rd
- Property size (Sq ft)
- 1 SF
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
This exceptional investment opportunity presents a prime commercial property located at 1150 W Irving Park Rd, Itasca, IL 60143, in the heart of DuPage County. The property boasts a high-traffic location at the major intersection of Irving Park Road and Route 53, maximizing visibility and accessibility. The offering includes a Mobil gas station situated on a substantial land parcel, featuring six pump stations and three fiberglass tanks. Current monthly sales figures show approximately 50,000 gallons of fuel and $45,000 in convenience store revenue. While the self-service car wash tunnel is currently out of operation and requires repairs, it presents significant upside potential for a new owner. The property operates 24/7 and benefits from a long-term supply agreement with Casey's (Buchanan Oil), extending until 2032. The current absentee ownership structure provides an opportunity for hands-on management and increased profitability. The 2023 annual real estate tax was $23,000. This property is priced at $1,499,000 and offers a compelling return on investment for a savvy buyer looking to capitalize on a well-established business with expansion possibilities. The substantial land size also allows for future development or expansion opportunities.
Location Insight
- City
- Itasca
- County
- DuPage
- State
- Illinois
- Latitude
- 41.9724
- Longitude
- -88.0311
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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