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    15500 Vincennes Rd Phoenix, IL 60426

    Sponsored
    For Sale
    $249,900

    Large freestanding building, ideal for auto businesses.

    Property size:
    4,906 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 4,906 square foot brick building, situated on a 0.22-acre corner lot in Phoenix, IL, presents a remarkable opportunity for entrepreneurs. Currently operating as a truck repair shop, its versatile design and prime location at 15500 Vincennes Road offer endless possibilities. The building's substantial size allows for the indoor and outdoor capacity of up to 15 trucks, making it perfect for various automotive-related businesses, including auto shops and car washes. The property boasts excellent street exposure, ensuring high visibility and attracting potential customers. The existing infrastructure includes high-quality surveillance cameras (16 and 4 camera systems) and a robust 20/air compressor (Ingersoll Rand, 80 gallons, 24.5 CFM, 7.5 HP, 3 years old). This is a significant price reduction for a quick sale, representing an exceptional value for a ready-to-use commercial space. The building is being sold as real estate only. Serious inquiries are encouraged to explore this lucrative investment opportunity.

    Property Features for 15500 Vincennes Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,906 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    TJ Transit Truck ... Truck Repair Shop M P Auto ... Motor Vehicle Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Cook
    State
    Illinois
    Longitude
    -87.63315
    Latitude
    41.60792

    Nearby Comparable

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    Nearby Similar for Sale

    • $199,000
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      Phoenix Commercial Building For Sale

      Commercial building suitable for auto shops, car washes, and more.
      15500 Vincennes Rd, Phoenix, IL 60426
      View Details
    • $55,000

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      Two-unit property in Phoenix, Illinois, with income potential.
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      View Details
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      Illinois Multifamily Value-Add Opportunity
      611 151St Pl, Phoenix, IL 60426
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    • $299,900
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      Prime Phoenix Auto Shop - $299,900

      Retail space, ideal for auto repair. High visibility location.
      15500 Vincennes Rd, Phoenix, IL 60426
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Large freestanding building, ideal for auto businesses.
    Where is this commercial real estate located?
    The property is located at 15500 Vincennes Rd Phoenix, IL.
    What is the asking price?
    The asking price for this property is $249,900.
    (708) 859-0909
    Request Owner's contact information
    15500 Vincennes Rd Phoenix, IL 60426
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    Phoenix, IL 60426
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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
    15500 Vincennes Rd Phoenix, IL 60426
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