Commercial corner and former 7/11 store is available for redevelopment. This high profile corner has two existing curb cuts on Addison and additional curb cut on Lorraine. Adjoins Starburst Bowl. Well located between North Avenue and Lake Avenue with per day traffic count. Approx. 190 feet frontage on Addison by 150 feet on Lorraine. Many end user possibilities: convenience store with fuel, free standing restaurant with drive through, multi unit strip center, franchise coffee shop with drive through, tunnel car wash, professional office building, flex office/warehouse, etc...Contact city of Addison with your ideas and discuss possible new business incentives. Seller may consider joint venture but prefers to sell to pursue other opportunities.
Listed By
Agency Name: Robert E. Frank Real Estate
Agency Phone: 847-356-5263
Shown By
Agent Name: Melody Williams
Agent Phone: (815) 505-9284
Agency Title: Gambino Realtors
Estimated Payment
$ 2,846.05 per month $2,130.34 Principal & Interest $578.92 Property Tax $136.79 Homeowner's Insurance
525 S Addison Road | MLS# 12573995
This land located at 525 S Addison Road , Addison, IL 60101 is currently listed for sale with an asking price of $469,000. The property has approximately 0.65 Acres. S Addison Road is located within the District 88 school district. Search Addison real estate on melody.gogambino.com today.