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6950 E Riverside Blvd 2,076 SF Retail Building Loves Park, IL 61111 $750,000 ($361.27/SF)

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Investment Highlights

  • Excellent location on busy thoroughfare with over 22,400 vehicles per day close to I-90 and Perryville Road.
  • Ideal location for fast food, drive through, or other retail uses.
  • CG Zoning allows for numerous uses.
  • Seller will provide environmental indemnity.

Executive Summary

Rare opportunity to redevelop a 1-acre former gas station site strategically positioned on a bustling thoroughfare! Located at the signalized intersection of Riverside Blvd and McFarland Rd less than 1 mile to I-90 interchange and 1 block from the busy Perryville Road intersection.

Property Facts Under Contract

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,076 SF
Building Class
C
Year Built
1991
Price
$750,000
Price Per SF
$361.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.98 AC
Zoning
IL_CR
Parking
7 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
265’ on E Riverside Blvd

Nearby Major Retailers

UMB Bank
Toyota
Starbucks
Dotty's
Chase
Fifth Third Bank
Famous Dave's
Woodman's Food Markets
Pancheros Mexican Grill
Club Pilates

Property Taxes

Property Taxes

Parcel Number
12-03-278-006
Land Assessment
$92,984
Improvements Assessment
$147,858
Total Assessment
$240,842
  • Listing ID: 32413099

  • Date on Market: 7/10/2024

  • Last Updated:

  • Address: 6950 E Riverside Blvd, Loves Park, IL 61111

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