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22514 N IL Route 83 6,500 SF Retail Building Long Grove, IL 60060 $1,600,000 ($246.15/SF)
Executive Summary
Turnkey RV dealership with a 75-year legacy. The current owners have successfully operated it for 35 years and are now retiring, creating a rare opportunity to step into a stable, high-performing business. This is the only RV rental option of its kind in the greater Chicagoland area—truly own the market.
The rental operation is a strong revenue engine with a loyal customer base, established online booking system, and dominant market share. Units regularly book out months in advance for major events such as Air Show, college games, bike races, festivals, and more.
Significant upside remains for an operator who wants to expand RV sales and service. With interest rates trending downward, the next 5–10 years are positioned to be another growth cycle for the industry.
The property itself offers flexibility and can support any sales-driven use: RVs, marine/boats, cars, motorcycles, ATVs, and more.
Option 1 – Purchase Business + Real Estate
$1.1M – NADA wholesale value of rental fleet RV inventory
$165,000 – Parts inventory, tools, and equipment
$1.6M – 2-acre property (includes 6,500 SF office/service building + 4 one-bedroom apartments generating $4,750/month income)
Total: $2,865,000
Option 2 – Purchase Business + Lease Property
$1.1M – NADA wholesale value of rental fleet RV inventory
$165,000 – Parts inventory, tools, and equipment
$17,000/month lease for the property (includes real estate taxes and $4,750/month apartment income; tenant responsible for insurance and property maintenance)
Option 3 – Lease Property Only
$17,000/month lease for the property (includes real estate taxes and $4,750/month apartment income; tenant responsible for insurance and property maintenance)
Owners will retain business operations for up to 6 months while relocating inventory
Property Facts
About 22514 N IL ROUTE 83 , LONG GROVE, IL 60060
Approx 2 Acres of Real estate with 6,500 SF of buildings, Turnkey RV dealership and service facility, 4 apartments generating $4,750/mo available for sale. Business assets of $165,000 and rental fleet $1.1M floorplan. The offering includes a 6,492 SF building situated on 2 fenced acres with ample RV parking, multiple service bays, and office/showroom space. After over 40 years in business, ownership is retiring and seeking a qualified buyer to continue the operation. The business generates $4–6M in annual sales with $800K–$1.2M in rental revenue, and $350K–$600K EBITA. Strong customer base and 60-day transition training included. Option 1 – Purchase Business + Real Estate • $1.1M – NADA wholesale value of rental fleet RV inventory • $165,000 – Parts inventory, tools, and equipment • $1.6M – 2-acre property (includes 6,500 SF office/service building + 4 one-bedroom apartments generating $4,750/month income) Total: $2,865,000 Option 2 – Purchase Business + Lease Property • $1.1M – NADA wholesale value of rental fleet RV inventory • $165,000 – Parts inventory, tools, and equipment • $17,000/month lease for the property (includes real estate taxes and $4,750/month apartment income; tenant responsible for insurance and property maintenance) Option 3 – Lease Property Only • $17,000/month lease for the property (includes real estate taxes and $4,750/month apartment income; tenant responsible for insurance and property maintenance) • Owners will retain business operations for up to 6 months while relocating inventory
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Lease Rate: $17,000/month (includes real estate taxes and $4,750/month apartment income; tenant responsible for insurance and property maintenance) Opportunity Overview: Lease a fully operational, long-established RV dealership with buildings, apartments, and ample parking. Ownership is exploring retirement after 40+ years of community service, presenting a unique chance for the right tenant to step into a proven location. Property also allows for car sales. Property Highlights: Land: 2 acres (fenced, improved RV/car parking) Service Building: 4,160 SF Office & Parts Building: 2,332 SF Residential Income: 4 apartments generating $4,750/month Zoning: Commercial – ideal for RV sales, service, or related automotive uses Parking/Storage: Significant outdoor capacity for vehicle inventory or fleet operations
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,500 SF | Retail | - | Now |
1st Floor
| Size |
| 6,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 6,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Lease Rate: $17,000/month (includes real estate taxes and $4,750/month apartment income; tenant responsible for insurance and property maintenance) Opportunity Overview: Lease a fully operational, long-established RV dealership with buildings, apartments, and ample parking. Ownership is exploring retirement after 40+ years of community service, presenting a unique chance for the right tenant to step into a proven location. Property also allows for car sales. Property Highlights: Land: 2 acres (fenced, improved RV/car parking) Service Building: 4,160 SF Office & Parts Building: 2,332 SF Residential Income: 4 apartments generating $4,750/month Zoning: Commercial – ideal for RV sales, service, or related automotive uses Parking/Storage: Significant outdoor capacity for vehicle inventory or fleet operations
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $121,700 (2024) | |
| Land Assessment | $123,269 (2024) | Total Assessment | $244,969 (2024) |
Property Taxes
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22514 N IL Route 83
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