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670 Northwest Hwy 2,900 SF Retail Building Fox River Grove, IL 60021 $699,500 ($241.21/SF)
Investment Highlights
- Price Reduced
- Also available for Lease $4000/mo. NNN
Executive Summary
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.
$4,000/mo. NNN. (Year 1, $5,000/mo. year 2)
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
Space Availability
- Space
- Size
- Space Use
- Position
- Available
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. $4,000/mo. NNN. (Year 1, $5,000/mo. year 2)
| 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 |
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. $4,000/mo. NNN. (Year 1, $5,000/mo. year 2)
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
Presented by
670 Northwest Hwy
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