Address
445 S Arlington Heights Road, Arlington Heights, IL
Price
$ 995,000
Property Attributes
  • MLS#11714013
  • TypeBusiness Op
  • CountyCOOK
  • CityArlington Heights
  • AreaArlington Heights
  • Zip60005
  • StyleAuto Dealer,Auto Service
  • Taxes$ 28784
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size9,000 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Located on Busy Arlington Heights Rd & Park Street, this Marathon Gas Station sits at a prime location for over 60 years. It serves the most affluent neighborhood of Scarsdale in Arlington Heights. Park St is also a thoroughfare for South Middle school, only 4 blocks away. The 3 Bay Auto Repair shop has many long term customers. The Convenient Store is small and does not offer much merchandise. Monthly gasoline sales are about 30 K/Month. The Mechanic Shop has 3 Bays and generates sales of $900,000 annually. There is no long term fuel contract. There are two Gas storage Tanks of 8,000 Gallons each. Steel Tanks with Fiberglass lining. The Station leases about 20 Parking spaces from the adjacent religious institution for its needs at 450/month. With New Developments in Arlington Heights and Chicago Bears Stadium, there is going to be significant traffic increase on Arlington Height Rd in future. The Owner wants to retire. Please do not talk or disturb anyone at the site.

Price History
2/7/2023 Listed $1,050,000
7/19/2023 6% - $995,000

General Features

Additional Parcels Y/N Yes
Business Name SCARSDALE SERVICE
Business Type Auto Dealer, Auto Service
City Arlington Heights
Construction Materials Brick, Block
Cooling Central Air
County Cook
Current Use Commercial
Days on Market 277
Directions Take NW Highway to Arlington Heights Rd. Go South or Arlington Heights Rd to the address. Property is on the NE Corner of Park an Arlington Heights Rd.
Lot Size Square Feet 9000
MLS Area Arlington Heights
Operating Expense 500000
Possession Closing
Property Type Bus / Bus w/Real Est
Property Type Business Opportunity
Roof Composition
Standard Status Active
Status Active
Stories 1
Street Name Arlington Heights
Tax Annual Amount 28784.2
Tax Year 2021
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Structure, Sewer
Waterfront Y/N No
Zoning COMMR

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 3000
Frontage Type City Street, Public Road, Signal Intersection
Lot Dimensions 75X120
Total Parking 28

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60005

Price
AVG $1,000K
$1,000K
Taxes
AVG $29,274
$28,784
Visits
AVG 113
140
Data Provided by Inside Real Estate®
Walkscore
AVG 61
86
Data Provided by Walkscore® not using MLS data