Home/Case Studies/25514 IL-83, Unit B, Long Grove
Case Study · Retail / Automotive · Long Grove, IL

Too Much to Sell in One Bite — So the Lease Became the Exit

25514 IL-83, Unit B, Long Grove: an RV dealership site with roughly 75 years of history, owned for about 35 of them by three brothers ready to retire. Selling the property and everything tied to it in one transaction proved too big a bite for buyers. Jason Bitton reshaped the problem — a three-year lease to a semi-truck dealer at the owners’ target rate, closed June 2026, with a purchase the likely next step. Income now, exit later.

~75 yrs
One Dealership Site
3-yr lease
Structured Toward a Sale
$13,000 /mo
At the Target Rate
2 ac
On IL Route 83
The Deal at a Glance

25514 IL-83, Unit B, Long Grove, Illinois

Property
Freestanding retail / showroom
Site
6,500 SF on 2 acres
History
RV dealership · ~75 yrs
Owners
3 brothers · ~35 yrs
Assignment
Landlord / seller rep
Structure
3-yr lease → likely sale
Leased
~5,000 SF · $13,000/mo
Closed
June 2026
How the Deal Got Done

Challenge → Move → Outcome

01 · Challenge

Three retiring brothers and a property too big to swallow

For roughly 75 years, 25514 IL-83, Unit B sold RVs — the last 35 or so under three brothers who were finally ready to retire. They weren’t selling just a building: a 6,500 SF dealership facility, two acres of Route 83 frontage, and everything tied to a working operation had to go — and they were unwinding other holdings too, including a six-unit Mundelein building.

For buyers, that was the problem. Everything at once was too much — too much property, too much commitment, too much risk in one signature. The interest that showed up didn’t match what the site was worth.

02 · The Move

Split the decision: rent it now, buy it later

Jason reshaped the exit instead of discounting it. He found a semi-truck dealer that wanted exactly this kind of high-visibility Route 83 site and structured a three-year lease at the owners’ full target rate — about 5,000 SF of the building on the two-acre site at $13,000 a month, with ownership retaining the balance of the space.

The structure does the selling from here: the dealer builds its business on the property, and a purchase is the likely next step. The brothers didn’t lower the price of retiring — they changed the shape of the transaction.

03 · Outcome

Income now, a buyer already in the building

The lease closed in June 2026. The owners collect target-rate income immediately, the property stays active instead of sitting dark on the market — and when the purchase conversation happens, it’s with a tenant already invested in the site. Retirement started on time.

What the Broker Actually Covered
1
Held the rate
Refused to let urgency reprice the property.
2
Matched
Found the semi-truck dealer the corridor actually fit.
3
Structured
A 3-year lease shaped as a path to purchase.
4
Closed
Lease signed — June 2026.
5
Positioned
The future sale, to a buyer already on site.

“The brothers didn’t lower the price of retiring — they changed the shape of the deal.”

The short version of this deal
Why It Matters

The Lease-First Exit Playbook

When a property is too big, too specialized, or too tangled to sell in one transaction, the answer isn’t always a lower price. Sometimes it’s a different structure — one that pays the owner now and grows a buyer in place.

Rent the bite
A lease-first structure lets a buyer commit in stages — occupy now, purchase once the business proves the site.
Target rate held
Structure absorbed what price cuts usually do. The owners got their number, not the market’s mood.
Tenant → buyer
Every month the dealer operates there, the eventual sale gets easier. The best buyer is one already inside.
Keep Exploring

Related on JasonCRE

25514 IL-83, Unit B — property page Long Grove commercial real estate Full sold & leased track record For property owners

Own Too Much to Sell in One Bite?

Retiring, downsizing, unwinding an estate — tell Jason what you’re holding. He’ll show you the structures buyers actually say yes to, and what each one pays you. Confidential, before anything is listed.

Just want a number first? Same door: For Owners or call.