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22514 N IL Route 83
Long Grove, IL 60060

$1,600,000 USD

Auto Dealership For Sale  •  6,500 SF

Property Details

  • Property Type Auto Dealership
  • Total Building Size 6,500 SF
  • Lot Size 2 AC
  • Year Built 1980
  • Zoning B-2
0 Transit Score
43 Walk Score

Description

Approx 2 Acres of Real estate with 6,500 SF of buildings, Turnkey RV dealership and service facility, 4 apartments generating $4,750/mo available for sale. Business assets of $165,000 and rental fleet $1.1M floorplan. The offering includes a 6,492 SF building situated on 2 fenced acres with ample RV parking, multiple service bays, and office/showroom space. After over 40 years in business, ownership is retiring and seeking a qualified buyer to continue the operation. The business generates $4–6M in annual sales with $800K–$1.2M in rental revenue, and $350K–$600K EBITA.  Strong customer base and 60-day transition training included.

Option 1 – Purchase Business + Real Estate
•	$1.1M – NADA wholesale value of rental fleet RV inventory
•	$165,000 – Parts inventory, tools, and equipment
•	$1.6M – 2-acre property (includes 6,500 SF office/service building + 4 one-bedroom apartments generating $4,750/month income)
Total: $2,865,000
Option 2 – Purchase Business + Lease Property
•	$1.1M – NADA wholesale value of rental fleet RV inventory
•	$165,000 – Parts inventory, tools, and equipment
•	$17,000/month lease for the property (includes real estate taxes and $4,750/month apartment income; tenant responsible for insurance and property maintenance)
Option 3 – Lease Property Only
•	$17,000/month lease for the property (includes real estate taxes and $4,750/month apartment income; tenant responsible for insurance and property maintenance)
•	Owners will retain business operations for up to 6 months while relocating inventory

Property Flyers

Financial Summary

Total Expenses: $0 USD

Public Transportation

Commuter RailDriveWalkDistance
Vernon Hills Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.5 mi
Mundelein Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.9 mi
AirportDriveWalkDistance
Chicago O'Hare International 35 min - 24.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 115
Type: Surface
Included in Rent: Yes
Jason Bitton 847-858-2909 Remax Commercial
Jason Bitton 847-858-2909 Remax Commercial