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Marathon Gas Station

$2,500,000

21W020 Lake Street, Addison, IL 60101

Active
Last Updated: 12/02/2024

3.37

Cap Rate

84,192.4

NOI

Details:
Cap Rate:    3.37%
NOI:    $84,192.40
Building Size:    2,770 sqft
Lot Area:    0.87 acres
Occupancy:    100%
Units:    2
Highlights:
  • Signalized corner
  • 75,000 vehicles per day
  • I-355 interchange ramp along Lake St.
  • Parcels 21W020 Lake St. & 21W042 Lake St. 02-13-412-020, 02-13-412-021
Description:

Gas Station with Auto Body Shop in Prime Location. Price incudes Property and Business. This well-established gas station and auto body shop is situated on signalized corner in a high-traffic area (over 75,000 vehicles per day), ensuring consistent customer flow and strong sales. Ideal for a qualified buyer, this business offers significant potential for increased profitability. The business has a Long-standing reputation with a loyal customer base. High traffic area with excellent visibility and next to the I355 on ramp. A second building and parcel on the property can be leased for extra income. Plenty of space for customer and staff parking. Potential redevelopment for a larger convenient store, gas station operator. Combined parcels 21W020 Lake St. & 21W042 Lake St. 02-13-412-020 and 02-13-412-021


Suburban

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Offering_Memorandum__P_.pdf
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