22514 N IL Route 83 - Auto Dealership FOR SALE


Long Grove, IL 60060
$1,600,000 USD
847-858-2909
22514 N IL Route 83, Long Grove, IL for Sale
$1,600,000 USD
Auto Dealership - FOR SALE
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22514 N IL Route 83
Long Grove, IL 60060


OVERVIEW

Approx 2 Acres of Real estate with 6,500 SF of buildings, Turnkey RV dealership and service facility, 4 apartments generating $4,500/mo available for sale. Business assets (nominal), and optional rental fleet $1.2M floorplan also available. The offering includes a 6,492 SF building situated on 2 fenced acres with ample RV parking, multiple service bays, and office/showroom space. After over 40 years in business, ownership is retiring and seeking a qualified buyer to continue the operation. The business generates $4–6M in annual sales with $800K–$1.2M in rental revenue, and $350K–$600K EBITA. ~Optionally purchase $1.2M in inventory (new, used, rental), parts, equipment, and goodwill. Flexible sale structure available—business only, business with real estate, or full package with 5 apartments. Strong customer base and 60-day transition training included.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

115

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

B-2

APN/PARCEL ID

15-06-106-012,15-06-106-014

ASK ABOUT THIS PROPERTY

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847-858-2909

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Jason BittonRemax CommercialMore Info
847-858-2909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.