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1605 S River Road Des Plaines, IL 60018 Commercial - Investment New

New - 46 Hours Ago
  • 1605 S River Road, Unit B, Des Plaines, IL 60018 Main Photo

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Description

Prime Gas Station opportunity at a highly trafficked Des Plaines intersection! It includes property, equipments plus business located on the hard corner of Oakton and River Road. There is open space ideal for a national or regional franchise. 3 newer underground fiber glass tanks for regular, premium gas and diesel. It was rebuilt from ground up few years ago. It has a studio on the upper floor with shower and kitchen. The price does not include the gas and inventory. Total sq feet is 6,970 with .16 ac lot area. 4 years remaining on supply agreement. It has two vacant spaces for franchise fast food or ice cream and another one for retail space. The City of Des Plaines, strategically branded as the City of Destiny, offers a premier environment for retail growth by combining world-class connectivity with a deeply stable economic base. Situated immediately adjacent to O'Hare International Airport and the I-294 corridor, the city serves as a critical regional hub, capturing a massive influx of daily commuters, corporate employees, and international travelers. This logistical advantage is paired with a diverse and affluent residential population boasting a median household income of approximately $97,875, ensuring that local businesses have access to a consumer base with significant discretionary spending power. The city's commitment to commercial success is evidenced by its aggressive 2026 revitalization initiatives, including multi-million-dollar investments in the downtown theater district and the modernization of the Northwest Highway corridor, which continue to drive foot traffic and increase property values across the area. At 1605 S River Rd, businesses benefit from being at the epicenter of this activity, occupying a high-visibility hard corner that bridges the gap between Des Plaines' residential neighborhoods and its bustling industrial and transit sectors. The community is notably multicultural, with a vibrant demographic creating a unique demand for a wide variety of specialized retail, international services, and diverse dining options.

Property Highlights

Property Type: Commercial - Investment
Building Description: 2.0 stories

General Information

County: Cook
Listed By:
Coldwell Banker Realty 630-954-4600
MRED MLS
$4,000,000
Est. $26,698/mo
New to the Market New
SQUARE FEET6,970 MLS#12696183
STATUSNew PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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1605 S River Road, Unit B, Des Plaines, IL 60018.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $4,000,000$4,000,000
Down Payment $140,000$800,000
Monthly Mortgage Amount $23,864$19,964
Taxes $5567$5567
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,399$0
Monthly Estimated Total $32,997$26,698

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