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.
| MLS # | 12573995 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 174 |
| Listing Provided By | Robert E. Frank Real Estate | Robert Frank |
| Zoning | COMMR |
|---|---|
| Acreage | 0.65 |
| Parking Features | Asphalt, Concrete |
|---|
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 7139.5 |
| State | IL |
|---|---|
| County | DuPage |
| City | Addison |
| Zip Code | 60101 |
| Area | Addison |
| School District | Addison Trail High School |
| Elementary School | Ardmore Elementary School |
| High School | Addison Trail High School |
| Listing VS Median (in 60101) | |
Price: $469,000 low | high Med: $399,900 On site: 174 low | high Med: 188 | |
| State | IL |
|---|---|
| County | DuPage |
| City | Addison |
| Zip Code | 60101 |
| Area | Addison |
| School District | Addison Trail High School |
| Elementary School | Ardmore Elementary School |
| High School | Addison Trail High School |
| Listing VS Median (in 60101) | |
Price: $469,000 low | high Med: $399,900 On site: 174 low | high Med: 188 | |