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1610 Walnut Ave
Hanover Park, IL 60133

$927,273 USD

Convenience Store For Sale  •  2,542 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,542 SF
  • Lot Size 0.27 AC
  • Building Class B
  • Year Built 1987
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning B-2, Hanover Park
0 Transit Score
62 Walk Score

Highlights

Positioned within the Chicago MSA
Low absolute rent ($51,000)
Recent 10-year lease extension through December 2034
Operating history since 1999
Affluent area – Six figure average household income within five miles ($119,836)
Located just off Barrington Road (28,500 VPD)

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
7-Eleven 12/31/2034

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Hanover Park Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 12 min 0.7 mi
Schaumburg Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 3.0 mi
AirportDriveWalkDistance
Chicago O'Hare International 32 min - 23.1 mi
Chicago Midway International 44 min - 31.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group