9540 S Vincennes Avenue Chicago, IL 60643
COMMERCIAL - Chicago, IL
Property Features for 9540 S Vincennes Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 25082010190000
- Lot size
- 0.97 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 54104
Utilities
- Cooling system
- Other (Cooling), Window Unit(s)
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick, Concrete, Steel Siding, Wood
Listing agent Anthony Meier License #471018883 (708) 798-1111
Listing office Keller Williams Preferred Rlty 16101 108th Ave, Orland Park, IL (708) 798-1111
Listing date Jul 13, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Parking totals approximately 35 spaces, with 8–30 indoor spaces and an additional 12–18 outdoor spaces. The site is identified with zoning “COMMR.”
The property is described as having excellent expressway access and public transportation, supporting its current automotive operations and potential for related warehouse or service uses where appropriate.
Key Highlights
- Approximately 12,000+ SF automotive body/repair shop on a large corner lot with multiple buildings
- 3 trailer docks and 3 drive‑in doors, plus high ceilings of 17+ ft in the repair shop
- Secured, fenced‑in yard with inside and outside car storage
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.2k | $9.43 |
| − Vacancy | −$5.7k | −$0.47 |
| EGI | $107.5k | $8.96 |
| − OpEx | −$32.3k | −$2.69 |
| NOI | $75.3k | $6.27 |
Alternative Uses
Property Analytics
Current Use by Public Records
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