480 S River Rd, Des Plaines, IL
Retail for Sale - $735,000
Property Info
CIMLS# | 1062199 |
Location 480 S River Rd Des Plaines IL 60016 | |
Updated | January 23rd, 2020 |
Type | Retail |
Price | $735,000 |
Property Description
* 100% Leased Automotive Retail Center
* Internet Proof Tenant Line-Up
* Investment Opportunity in Stable Market w/ Growth Potential
* High-Profile Heavily Traveled Retail Location
* Located on Hot River Road Retail Corridor along all the Major Retailers w/in the Heart of Downtown Busy Des Plaines Area
* Situated on the Hard Corner Stoplight Intersection of River Rd, Lee Rd & Elk Blvd
* Outstanding Frontage, High Visibility, & Accessibility
* Retail Investment Property in Prime Suburban Chicagoland Market
* Located Across from McDonald's
* Upscale Community w/ Strong Outstanding Demos
* Over 312,933 People Living Within 5 Mile Radius
* Average Annual Household Income in Excess of $108,579
* Dense Area | Within 5 Miles Daytime Population of 395,533
* In the Vicinity of Metropolitan Square (100,000 SF Retail & 142 Luxury Condos), Ample Restaurants, Entertainment Venues, Metra Station, Rivers Casino, & I-294
* Robust Traffic Counts at your Footsteps | 40,700+ VPD
* Outstanding Hard Corner for Future Redevelopment
* Priced to Move @ Well-Below Replacement Cost!!!
* 9.52% Cap Rate!!!