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1602 E Riverside Blvd
Loves Park, IL 61111
Sonic Drive-In · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,620 SF
Building Class
C
Year Built/Renovated
2008/2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.16 AC
Zoning
CR

AMENITIES

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

ABOUT 1602 E RIVERSIDE BLVD , LOVES PARK, IL 61111

Sonic-Drive In Will Sign A Brand New 20-Year Absolute NNN Lease Commencing at Close of Escrow • High Drive-By Visibility & Strong Traffic Counts – Subject Sonic Sits on Rare Three-Way Thoroughfare with Direct Frontage to Forest Hills Rd (±23,000 VPD) & East Riverside Blvd (±27,000 VPD) and is also in Immediate Benefit from N Alpine Rd which Sees Over ±23,500 VPD • Prime Location on Large Self Contained 1.16 Acre Parcel – Subject Site Provides Ample On-Site Parking & Strong Access with Three Points of Entry from the Surrounding Thoroughfares • The property is a 2-Mile Drive from Rock Valley College with over 9,000 total students and staff • Dominant Corridor & Excellent Retail Synergy – Directly Across the Street from Walmart Supercenter, the Subject Sonic is Surrounded by Some of the Nation’s Strongest Retailers Including McDonalds, Burger King, CVS, Dairy Queen Grill & Chill, Applebee’s, Walgreens, Hardee’s, O’Reillys, and Many More • New Development & Consistent Job Creation – Highlighted by the Well-Underway Proposed New Home for a Costco in Loves Park, IL, along with a New 100,000 SF Expansion to Logistics Company Danfoss, Totaling Danfoss’ Footprint to a Combined 450,000 SF, there is a Substantial Amount of New Development in the Immediate Area • Dense Consumer Region and Residential Zone – Subject Property is Surrounded by Residential Neighborhoods; Population Exceeds ±65,000 in a 3-Mile Radius and ±155,000 Residents in a 5-Mile Trade Area • Dependable Consumer Base & Ideal Average Household Income – Avg HH Income is Approximately ±$75,000 in a 1-Mile Radius and ±$78,000 in a 3-Mile Radius

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-05-177-012
Land Assessment
$129,363
Improvements Assessment
$124,031
Total Assessment
$253,394
  • Listing ID: 14793106

  • Date on Market: 2019-01-07

  • Last Updated:

  • Address: 1602 E Riverside Blvd, Loves Park, IL 61111

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