Your email has been sent.
24061 W Eames St 4,116 SF 39% Leased Retail Building Channahon, IL 60410 $4,068,344 CAD ($988.42 CAD/SF) 16.34% Cap Rate
Executive Summary
Prime I-55 Corridor Fuel, Food, Gaming & Land Opportunity
R & J Commercial Real Estate is pleased to present a unique opportunity to acquire a BP-branded gas station with McDonald’s tenancy in Channahon, Illinois. This property combines fuel sales, convenience store income, national fast-food tenancy, gaming upside, ATM income, and excess land into a single real estate-backed investment.
Located along the I-55 corridor near Route 6, the site benefits from strong highway access, local customer traffic, commuter movement, and nearby industrial and distribution growth. The property offers direct frontage exposure and convenient access for both neighborhood customers and highway travelers.
The operating site includes a BP fuel station, a convenience store, a McDonald’s drive-thru tenant, gaming machines, an ATM, parking, and fuel infrastructure. In addition to the improved site, the offering includes approximately 2.38 acres of additional undeveloped land, creating future upside for expansion, resale, lease income, or potential commercial development.
This asset is well-positioned for an owner-operator, 1031 exchange buyer, multi-site fuel operator, or long-term investor seeking a hard real estate asset with multiple income sources and future value drivers.
## Investment Highlights
* BP-branded fuel station with convenience store operation
* McDonald’s tenant on site with drive-thru presence
* Strategic Channahon location near I-55 and Route 6
* Additional undeveloped land included for future upside
* Gaming machines recently added with growth potential
* ATM income and multiple customer traffic drivers
* Major recent improvements completed by current ownership
* Fuel, food, gaming, land, and lease income in one offering
* Suitable for operators, investors, 1031 buyers, and long-term holders
* Opportunity to acquire a repositioned site with future expansion potential
## Property Upside
This property offers more than a standard gas station acquisition. The buyer receives an operating BP station, McDonald ’s-related lease income, new gaming revenue potential, and valuable excess land that may support future commercial use, expansion, or resale.
The current owner completed substantial improvements to the property, including fuel system work, pump upgrades, canopy improvements, convenience store remodeling, fire alarm installation, security upgrades, roof repair, and land preparation. These improvements help reduce near-term capital concerns and position the site for continued operation.
The property is also represented as compliant with the upcoming 2028 Illinois Fire Marshal fuel system requirements, which may provide meaningful savings compared to other Illinois stations that still need major compliance work.
Buyer Opportunity
For the right buyer, BP Channahon offers the opportunity to acquire an income-producing operating business today while retaining long-term real estate upside. The combination of BP branding, McDonald’s tenancy, gaming income potential, highway access, and excess land makes this a compelling opportunity in the southwest Chicago/I-55 corridor market.
Confidential financials and due diligence materials are available after a signed NDA and buyer qualification.
Data Room Click Here to Access
- Operating and Financials
- Third Party Reports
- Miscellaneous
Property Facts
Amenities
- 24 Hour Access
About 24061 W EAMES ST , CHANNAHON, IL 60410
Add Truck lanes on 3.6 acres and this facility can be converted into Truck Stop and the value will be over 7 Million Dollars. This BP Gas Station represents a compelling investment opportunity for buyers seeking: • A stable, income-producing asset with a nationally recognized tenant • A strategic location with high traffic exposure and excellent accessibility • Synergistic amenities with McDonald’s, gaming machines and ATM • McDonald's lease renews in August 2026 with two, five-year options remaining • Upside potential from surrounding residential and commercial growth Whether you are a 1031 exchange buyer, a net lease investor, or a retail portfolio owner, this asset offers a rare blend of location, brand strength, and long-term growth potential.
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
-
Jan 0000
BP maintains its U.S. headquarters at 501 Westlake Park Boulevard in Houston, Texas, supporting its nationwide energy operations. Founded as part of the global BP organization, the company oversees activities across oil production, refining, marketing, and emerging energy technologies. The Houston campus serves as a central location for deepwater operations, trading, and technology development initiatives. BP’s U.S. business includes oversight of Gulf of Mexico production and onshore energy assets, supported by specialized facilities such as its remote operations centers and high-performance computing infrastructure. The organization operates as a publicly traded entity under its global parent BP p.l.c., listed on international exchanges. The Westlake complex underwent major upgrades to enhance its operational capabilities, reflecting the company’s continual investment in U.S. energy programs. BP’s presence in Houston positions it within one of the world’s largest energy hubs, enabling coordination of research, logistics, and strategic planning across multiple business segments.
-
- Accommodation and Food Services
- -
- -
-
Jan 0000
McDonald's began in 1940 when Richard and Maurice McDonald opened a restaurant in California. The modern corporation formed in 1955 when Ray Kroc joined as a franchise agent and later purchased the company. Today, it operates numerous locations worldwide through a franchise model. While primarily a fast food chain, McDonald's also generates income from owning many restaurant properties. The company has maintained its core menu while adapting to international markets. McDonald's remains one of the most recognizable brands in the global food service industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 0000 | ||
|
|
Accommodation and Food Services | - | - | Jan 0000 |
Property Taxes
| Parcel Number | 04-10-04-400-020 | Improvements Assessment | $267,008 CAD |
| Land Assessment | $526,115 CAD | Total Assessment | $793,123 CAD |
Property Taxes
Presented by
24061 W Eames St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.