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22514 N IL Route 83 6,500 SF Retail Building Long Grove, IL 60060 $1,600,000 ($246.15/SF)

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EXECUTIVE SUMMARY

Approx 2 Acres of Real estate with 6,500 SF of buildings + 4 rental apartments that generate $4,750/mo in residential rental income. Turnkey RV dealership and/or car dealer and service facility
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

ATTACHMENTS

83RV OM

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
6,500 SF
Year Built
1980
Price
$1,600,000
Price Per SF
$246.15
Business Value
$1
Building Height
1 Story
Building FAR
0.07
Lot Size
2.00 AC
Zoning
B-2 - Car dealer or RV dealer plus more
Parking
115 Spaces (17.69 Spaces per 1,000 SF Leased)

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
  • 1st Floor
  • 6,500 SF
  • Retail
  • -
  • 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

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

U.S. Bank
Chase Bank
PNC Bank
LA Fitness
Goldfish Swim School
Jewel-Osco
StorageMart

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-06-106-012
  • 15-06-106-014
Land Assessment
$123,269 (2024)
Improvements Assessment
$121,700 (2024)
Total Assessment
$244,969 (2024)
  • Listing ID: 36883464

  • Date on Market: 7/23/2025

  • Last Updated:

  • Address: 22514 N IL Route 83, Long Grove, IL 60060

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