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    7523-7525 N Wolcott Ave Chicago, IL 60626

    Sponsored
    For Sale
    $1,499,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.36 Acres
    Days on Market:
    45
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 7523-7525 N Wolcott Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    11304020080000
    Lot size
    0.36 Acres

    Building Details

    Floors in Building
    1
    Building materials
    Concrete
    Roof type
    Metal

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 983-1553

    Listing date Nov 22, 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

    Rogers Park Commercial Opportunity

    Located in the Rogers Park area, across the street from Evanston, this commercial property includes both the real estate and the existing business. The property features approximately 16,000 square feet of land and 15,000 square feet of building space, including a mezzanine level. Currently operating as a repair, transmission, and body shop for the past decade, the property includes a second-level mezzanine space of approximately 2,500 square feet, suitable for storage and office use. The location holds two city business licenses for mechanical and transmission repairs, as well as body shop services. Equipment includes a waste oil tank, seven lifts, exhaust fans, an in-ground dynamometer, and a paint booth. The property is equipped with five ceiling-hanging heat units. The L-shape high ceiling roof was updated in 2017, and the smaller front northwest corner ceiling portion was updated in 2023. The property presents possibilities for conversion into a gym, warehouse, distribution site, storage facility, or condominium development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    Meineke Car Care Center, Primos Body Shop, All Automotive Repair, andres auto clinic, K & K Auto Reconstruction Inc

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6705502
    Latitude
    41.7567769

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    FAQs

    What type of property is this?
    Auto shop - Commercial property with business included in Rogers Park area.
    Where is this auto shop located?
    The property is located at 7523-7525 N Wolcott Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Large property: 16,000 sq ft land, 15,000 sq ft building including mezzanine.; - Existing business and real estate included: Operating repair/transmission/body shop with 2-city business licenses.; - Potential for conversion: Suitable for gym, warehouse, distribution, storage, or condominium development.
    (773) 983-1553
    Request Owner's contact information
    7523-7525 N Wolcott Ave Chicago, IL 60626
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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
    7523-7525 N Wolcott Ave Chicago, IL 60626
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