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Marathon Gas Station & Auto Repair Shop 445 S Arlington Heights Rd

3,000 SF Retail Building Arlington Heights, IL 60005 $1,050,000 ($350/SF)

Investment Highlights

  • Signalized Corner Property on Busy Arlington Heights Rd
  • Serves Affluent Neighborhood
  • Significant Foot Traffic to/from Middle School
  • Steady and loyal customers

Executive Summary

Great Opportunity for Owner/Operator. Established Auto Repair shop with Gas Station operations.

Financial Summary (Pro forma - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
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
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts In Escrow

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
3,000 SF
Year Built/Renovated
1965/2005
Price
$1,050,000
Price Per SF
$350
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.21 AC
Zoning
B-2
Parking
28 Spaces (9.33 Spaces per 1,000 SF Leased)
Frontage
74 FT on Arlington Heights Rd

Amenities

  • Corner Lot
  • Pylon Sign

About 445 S Arlington Heights Rd , Arlington Heights, IL 60005

Located on Busy Arlington Heights Rd & Park Street, this Marathon Gas Station sits at a prime location for over 60 years. It serves the most affluent neighborhood of Scarsdale in Arlington Heights. Park St is also a thoroughfare for South Middle school, only 4 blocks away. The 3 Bay Auto Repair shop has many long term customers. The Convenient Store is small and does not offer much merchandise. Monthly gasoline sales are about $30 K/Month. The Mechanic Shop has 3 Bays and generates sales of $900,000 annually. There is no long term fuel contract. There are two Gas storage Tanks of 8,000 Gallons each. Steel Tanks with Fiberglass lining. The Station leases about 20 Parking spaces from the Church for its needs at 450/month. With New Developments in Arlington Heights and Chicago Bears Stadium, there is going to be significant traffic increase on Arlington Height Rd in future. The Owner wants to retire. Please do not talk or disturb anyone at the site.

Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Mariano's
Noodles & Company
Old National Bank
Starbucks
Citi
Corepower Yoga
Chase Bank
barre3
The Barre Code
Jewel-Osco

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-32-122-015-0000
  • 03-32-122-026-0000
Land Assessment
$45,000 (2024)
Improvements Assessment
$48,110 (2024)
Total Assessment
$93,110 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
  • Listing ID: 27691964

  • Date on Market: 2/6/2023

  • Last Updated:

  • Address: 445 S Arlington Heights Rd, Arlington Heights, IL 60005

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