Des Plaines, IL 60016,550 E Northwest HWY
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Des Plaines, IL 60016,550 E Northwest HWY
Des Plaines, IL 60016,550 E Northwest HWY
Des Plaines, IL 60016,550 E Northwest HWY
Des Plaines, IL 60016,550 E Northwest HWY

$1,365,000

Est. payment /mo

$1,500,000

9.0%
Est.Price: ?

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550 E Northwest HWY Des Plaines, IL 60016

8,810 SqFt

SOLD DATE : 09/13/2024

Key Details

Sold Price $1,365,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 8,810 sqft

Price per Sqft $154

MLS Listing ID 12036695

Sold Date 09/13/24

Year Built 1958

Annual Tax Amount $27,340

Tax Year 2022

Lot Dimensions 130X197

Property Description

Prime Car Dealership Location Now Available for Sale and Lease! Welcome to your next business venture located at the bustling intersection of Northwest Highway & Golf. This exceptional property offers a lucrative opportunity for both ownership and leasing, strategically positioned for success. Size & Zoning: Spanning over 22,817 SF and zoned as C-3, this commercial parcel provides ample space and flexibility for various business endeavors. Modern Infrastructure: The property boasts a meticulously renovated two-level, 8810 SF building, featuring contemporary design elements and elegant touches throughout. Showroom: The spacious 4400 SF showroom on the main level is equipped with epoxy floors, LED lighting, and essential amenities including private offices, conference room, waiting area with beverage station, and restrooms. Versatile Lower Level: With a footprint mirroring the main level, the lower level offers a flexible layout, complete with a ramp, drive-in doors, employee facilities, and mechanicals. Its expansive configuration caters to diverse business needs. Functional Utilities: Powering the establishment is a robust 200 amp electrical service, complemented by three furnaces, a water heater, and two sump pumps, ensuring seamless operations.The property's maintenance-free infrastructure provides a hassle-free environment for businesses to thrive from day one. Endless Possibilities: While tailored for retail car sales, the adaptable space welcomes a myriad of ventures, including home remodeling suppliers, trades with extensive fleets, and businesses necessitating showroom facilities and ample gated parking. Seize the opportunity to elevate your enterprise in a prime location with endless potential for growth and expansion. Unlock Your Business's Potential Today! Don't miss out on this rare chance to establish your presence in a sought-after locale. Move-in ready and primed for success, this property sets the stage for your business to flourish. Take the next step toward realizing your entrepreneurial vision and secure your future in this thriving commercial hub!

Location

State IL

County Cook

Area Des Plaines

Zoning COMMR

Interior

Cooling Central Air

Flooring Concrete, Sealed

Fireplace N

Exterior

Roof Type Slate

Building

Level or Stories 1

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Midwest Real Estate Data (MRED) IDX
Listed by Gabriela Chawla • Compass
Bought with Non Member • NON MEMBER

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

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