550 E Northwest Highway
Des Plaines, IL, 60016 $ 1,500,000
Baths0.0 Sq 8,810 Monthly Estimate*
$ 9,969
Studio
for $1,500,000. This 8,810 square foot building was built in 1958 on a lot size of 0.523806.
Prime Car Dealership Location Now Available for Sale and Lease! Welcome to your next business venture located at the bustling intersection of Northwest Highway & Golf. This exceptional property offers a lucrative opportunity for both ownership and leasing, strategically positioned for success. Size & Zoning: Spanning over 22,817 SF and zoned as C-3, this commercial parcel provides ample space and flexibility for various business endeavors. Modern Infrastructure: The property boasts a meticulously renovated two-level, 8810 SF building, featuring contemporary design elements and elegant touches throughout. Showroom: The spacious 4400 SF showroom on the main level is equipped with epoxy floors, LED lighting, and essential amenities including private offices, conference room, waiting area with beverage station, and restrooms. Versatile Lower Level: With a footprint mirroring the main level, the lower level offers a flexible layout, complete with a ramp, drive-in doors, employee facilities, and mechanicals. Its expansive configuration caters to diverse business needs. Functional Utilities: Powering the establishment is a robust 200 amp electrical service, complemented by three furnaces, a water heater, and two sump pumps, ensuring seamless operations.The property's maintenance-free infrastructure provides a hassle-free environment for businesses to thrive from day one. Endless Possibilities: While tailored for retail car sales, the adaptable space welcomes a myriad of ventures, including home remodeling suppliers, trades with extensive fleets, and businesses necessitating showroom facilities and ample gated parking. Seize the opportunity to elevate your enterprise in a prime location with endless potential for growth and expansion. Unlock Your Business's Potential Today! Don't miss out on this rare chance to establish your presence in a sought-after locale. Move-in ready and primed for success, this property sets the stage for your business to flourish. Take the next step toward realizing your entrepreneurial vision and secure your future in this thriving commercial hub!
See more
FeaturesGeneralCooling Central Air
Possession Closing
Roof Slate
Zoning COMMR
Year Built 1958
Electric Circuit Breakers
Tenant Pays Common Area Maintenance Taxes Insurance
Stories 1
Property SubType Automotive Free Standing Store
Tax Year 2022
Current Use Commercial
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Corner of Golf & Northwest Hwy
City Des Plaines
Total Units 1
MLS Area Des Plaines
Lot Size Square Feet 22817
Street Name Northwest
Tax Annual Amount 27340
Additional Parcels Y/N N
Leasable Area 8810
Days on Market 5
Lease Type Net
Standard Status Active
Total Actual Rent 13288
See more
InteriorFlooring Concrete Sealed
Street Suffix Highway
See more
ExteriorFoundation Details Concrete Perimeter
Building Area Total 8810
Lot Dimensions 130X197
Frontage Type City Street Public Road
Exterior Brick
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $9,969
- Monthly Property Taxes
- $2,278
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Des Plaines, IL
Average List Price $968,241
Percent of Sale Price 35%
About Des Plaines, IL 58,932 Population
2% Since 2002
$ 65,417 Median Income
42.72 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/23/2024 | $1,500,000 | | Listed Price |