Sold Convenience Store with Rental Income in Crystal Lake

Overview

  • Business Sold
  • 1309 North Ave., Crystal Lake, IL, 60014
  • Price: $950,000
  • 4,254 sq. ft.

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Highlights

  • 2 Rental Apartments
  • Next to busy Park District beach
  • Owner's Apartment

Popular neighborhood convenience store since 1947,  completely renovated in 2007 inside and out ($1  million). Great lake location. Consists of thriving business generating $1 million+ per year;  owner’s 3 BR, 1,166 SF apartment; 911 SF air conditioned and heated detached garage, plus a 1,761 SF 2-flat (currently vacant) for additional revenue. This is the only commercial grocery/liquor store serving hundreds of residents plus all the summer lake  traffic. Confidential sale. Non-disclosure required for financial data. C-store is approximately 3,000 SF. Total land size is about .52 acre.

 

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