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3702 W Elm ST Mchenry, IL 60050
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Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12781374
Annual Tax Amount $13,549
Tax Year 2025
Property Sub-Type Bus / Bus w/Real Est
Property Description
An exceptional opportunity to acquire a newly remodeled gas station and convenience store with significant future development potential, including a large rear lot, private boat launch, and boat dock, in McHenry, Illinois. This turnkey property combines a modern, fully upgraded fueling operation with multiple potential revenue streams and valuable additional land that may offer opportunities for future expansion or development. The property has undergone extensive renovations and features brand-new DWFRP gasoline storage tanks, underground piping, underground electrical infrastructure, and upgraded Gilbarco fuel dispensers, providing a modern and efficient fueling operation. The property also features two separate retail storefronts, offering flexibility for multiple uses. The first storefront is dedicated to the gas station and convenience store, while the second provides an excellent opportunity for a sandwich shop, quick-service food concept, specialty retailer, or other complementary business, creating potential for additional rental or operating income. Adding to the property's appeal is its large rear lot with future expansion or development potential, as well as a private boat launch and boat dock, making this a unique opportunity that combines a traditional fuel and convenience business with valuable recreational and waterfront attributes. Approximately 18,000-gallon total fuel storage capacity 3,000 gallons - Premium gasoline 12,000 gallons - Regular gasoline 3,000 gallons - Diesel Gasoline supply agreement with a reputable distributor - 76 Brand Modernized equipment and fueling infrastructure Multiple potential revenue streams Attractive opportunity for an owner-operator or investor This is a rare and versatile investment opportunity offering an established gas station and convenience store, modern infrastructure, additional retail space, and substantial land, all in one property. The combination of fueling, retail, potential future development, and boating access provides a strong foundation for an owner-user, investor, or entrepreneur seeking to capitalize on the property's multiple income and growth opportunities.
Location
State IL
County Mchenry
Area Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom Lake / Sunnyside / Ringwood
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Bus / Bus w/Real Est
Structure Type Concrete
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Listed by Fawad Shahid of Carnelian Realty Group
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