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670 Northwest Hwy 2,900 SF Retail Building Fox River Grove, IL 60021 $850,000 ($293.10/SF)
Investment Highlights
- Price Reduced
- Also available for Lease $6000/mo. NNN
Executive Summary
Commercial Corner
Currently Used Car Lot
Possible Redevelopment
Rare commercial corner used car lot with ±1,000 SF 2-story sales office/garage (down) and one ±780 SF 2-bedroom apartment (up), plus 1,120 SF pole building with 3 drive in doors.
Possible redevelopment play with approximately .26 acres and 2 curb cuts on Route 14 with direct access to School Street on the north side. Possible coffee shop? Nice traffic counts of 25,500 vpd.
Lease price does not include upstairs apartment. $6,000/mo. NNN.
Currently Used Car Lot
Possible Redevelopment
Rare commercial corner used car lot with ±1,000 SF 2-story sales office/garage (down) and one ±780 SF 2-bedroom apartment (up), plus 1,120 SF pole building with 3 drive in doors.
Possible redevelopment play with approximately .26 acres and 2 curb cuts on Route 14 with direct access to School Street on the north side. Possible coffee shop? Nice traffic counts of 25,500 vpd.
Lease price does not include upstairs apartment. $6,000/mo. NNN.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,900 SF
Building Class
B
Year Built
1978
Price
$850,000
Price Per SF
$293.10
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.11 AC
Zoning
B2
Parking
10 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
128’ on Northwest Hwy
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Used Car shop available for lease. Great for potential redevelopment!
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,120 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 2,120 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 2,120 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
Used Car shop available for lease. Great for potential redevelopment!
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
60/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-20-130-020 | Total Assessment | $36,568 |
| Land Assessment | $15,959 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $20,609 | Tax Year | 2024 |
Property Taxes
Parcel Number
20-20-130-020
Land Assessment
$15,959
Improvements Assessment
$20,609
Total Assessment
$36,568
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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670 Northwest Hwy
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