480 S River Rd, Des Plaines, IL

Retail for Sale - $735,000


Agent Info

George Spirrison
Adelphia Properties

Property Info

CIMLS#1062199
Location
  480 S River Rd
  Des Plaines IL 60016
UpdatedJanuary 23rd, 2020
TypeRetail
Price$735,000

Contact


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!!!



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