Retail•Free Standing•For Sale

RIVER ROAD AUTO CENTER

480 South River Road, Des Plaines, Illinois 60016

Sale Price $735,000
Sale Type Investment
Bldg Type Multi-Tenant
Class B
Status Existing
Year Built 1999
Year Renovated 2012
Stories 1
Cap Rate 9.52%
Market Chicago
100% Leased Automotive Retail Center
  • • 100% Leased Automotive Retail Center
  • • Internet Proof Tenant Line-Up
  • • Investment Opportunity in Stable Market w/ Growth Potential
  • • High-Profile Heavily Traveled Retail Location
  • • Located on Hot River Road Retail Corridor along all the Major Retailers w/in the Heart of Downtown Busy Des Plaines Area
  • • Situated on the Hard Corner Stoplight Intersection of River Rd, Lee Rd & Elk Blvd
  • • Outstanding Frontage, High Visibility, & Accessibility
  • • Retail Investment Property in Prime Suburban Chicagoland Market
  • • Located Across from McDonald's
  • • Upscale Community w/ Strong Outstanding Demos
  • • Over 312,933 People Living Within 5 Mile Radius
  • • Average Annual Household Income in Excess of $108,579
  • • Dense Area | Within 5 Miles Daytime Population of 395,533
  • • In the Vicinity of Metropolitan Square (100,000 SF Retail & 142 Luxury Condos), Ample Restaurants, Entertainment Venues, Metra Station, Rivers Casino, & I-294
  • • Robust Traffic Counts at your Footsteps | 40,700+ VPD
  • • Outstanding Hard Corner for Future Redevelopment
  • • Priced to Move @ Well-Below Replacement Cost!!!
  • • 9.52% Cap Rate!!!
11/14/2019 12:00:00 AM 11/14/2019 9:18:39 PM
George Spirrison
Principle
Adelphia Properties
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