For Sale

1701 Algonquin Rd

1701 Algonquin Road,
Mount Prospect, IL 60056

Asset Snapshot

Retail, Land
Additional Types
Service/Gas Station
Retail Subtype
Retail
Land Subtype
1955
Year Built
36
Parking Spots
55,000
Vehicles Per Day
0.77 Acres
Land Area
Single-Tenant
Retail Tenancy

Offering Summary

For Sale: Turnkey Auto Repair Shop or Prime Commercial Redevelopment Site


A well-maintained auto repair facility on a signalized corner in Mount Prospect, offered with all equipment and a tow truck. Step into a fully equipped operation on day one, or reposition a 0.77-acre corner site for its next commercial use.


Path One: Keep It an Auto Shop

  • Turnkey operation. The sale includes all shop equipment and a tow truck, so a mechanic or operator can start working without buying lifts, tools, or a fleet vehicle.
  • Well-maintained facility, ready to operate with minimal capital work.
  • Built-in visibility. A stop light corner means steady drive-by traffic and easy ingress and egress, which matters for any service business that lives on convenience.
  • Tow truck included. Towing adds a second revenue line and a feeder of repair work into the shop.
  • Good fit for an owner-operator, a multi-location shop group looking to add a site, or a fleet service or collision operator.

Path Two: Commercial Redevelopment

  • ±0.77-acre corner lot on a signalized intersection, a combination that is hard to find in an established suburban corridor.
  • Strong frontage and visibility for retail, quick-service restaurant, drive-thru, convenience, medical, or other commercial use, subject to zoning and village approval.
  • Single existing structure, so no multi-tenant relocation or lease buyouts to manage.
  • Established surrounding market with rooftops, daytime traffic, and infrastructure already in place.


Property Facts

  • Site area: ±0.77 AC
  • Zoning: Commercial
  • Location: signalized corner, Algonquin Road/Busse Rd in Mount Prospect, IL
  • Included in sale: all shop equipment and a tow truck


Why This Location Works

  • Corner position at a traffic light on Algonquin Road, a major commercial corridor - Combined 55k+ VPD!
  • Close to the Mount Prospect, Des Plaines, Arlington Heights, and Elk Grove Village trade areas
  • Surrounded by established residential and commercial neighborhoods that support steady local demand

Due Diligence

How it Works

Need Help?

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For Sale
$1,599,999
Asking Price

Investment Sales Broker

MZ
Mark Zeglen
Insight REA
IL License: 475.159468