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    1058 W 111Th St Chicago, IL 60643

    Sponsored
    For Sale
    $299,900

    COMMERCIAL - Chicago, IL

    Lot size:
    0.11 Acres
    Days on Market:
    282
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 1058 W 111Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    25174150090000
    Lot size
    0.11 Acres

    Building Details

    Year built
    1950
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Metal

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Michael Fegan (708) 785-0408

    Listing date Mar 30, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Commercial Building with Lot

    This brick commercial building, located in Chicago, IL, presents a business opportunity. Previously utilized as an auto repair shop, the property is zoned C1-1. It features three oversized doors, each approximately 10 feet high, along with an office/supply room, a reception area, and a half bath. A lofted storage area is also included. The building has a newer roof, upgraded electric service, and newer exhaust vents. The property includes a large, fenced lot suitable for ample parking and vehicle storage. This highly visible and conveniently located space offers many options. The lot size is 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Morgan Park Auto Service, Inc., Pee Wee's Tire Repair, Valvoline Instant Oil Change, MRFIXYOSHYT, Taylor Pumps Inc

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6494752
    Latitude
    41.6924102

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    FAQs

    What type of property is this?
    Auto shop - Commercial building with fenced lot, ideal for auto repair.
    Where is this auto shop located?
    The property is located at 1058 W 111Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Zoned C1-1, offering a great business opportunity.; - Large fenced lot provides ample parking and vehicle storage.; - Three oversized doors (approx. 10' high) suitable for various business needs.
    (708) 785-0408
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    1058 W 111Th St Chicago, IL 60643
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    Chicago, IL 60643
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1058 W 111Th St Chicago, IL 60643
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