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Auto Repair Shop with Fenced Yard

10550 S Michigan Ave, Chicago, IL 60628

For Sale
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Equipped for automotive service, the property includes a paint booth, customer office, and secured outdoor storage area.

Property Size12,500 SF
Lot Size0.93 Acres
Price / SF$55.92
Days on Market25

Property Features for 10550 S Michigan Ave

General Information

Standard status Active
Size 12,500 SF
Lot size 0.93 Acres
Property subtype Retail, Industrial
Zoning B1-1

Financials

Business Included Yes
Opportunity Zone Yes

Site & Location

Neighborhood Roseland
Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Automotive Uses auto repair, collision/body shop, towing
Real Estate Included Yes

Amenities

3 drive-in doors
paint booth
finished customer office

Building Details

Buildings 1
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Steven Rapoport, CCIM · License IL #471006648
Source: Crexi
Added: Oct 16 Changed: Nov 8 Last Checked: Nov 8 at 3:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago Real Estate Resources Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding automotive property in Roseland contains a 12,500-square-foot building on 40,722 square feet of land. Its three drive-in doors, paint booth, and finished customer office support an existing repair and collision operation. A fenced, secured yard provides additional outdoor space. The property is zoned B1-1, and the operating business and shop equipment may also be acquired by a qualified operator; further details require a signed confidentiality agreement.

The site fronts Michigan Avenue, with access to I-57 and I-94. A planned Red Line extension includes a station at 103rd Street, approximately half a mile away, and another at Michigan Avenue and 115th Street, roughly one mile south. A mixed-use project with residential units and retail anchored by a grocery store is planned near the latter station.

Key Highlights

  • 12,500‑square‑foot freestanding building on 40,722 square feet of land
  • Three drive‑in doors, a paint booth, and a finished customer office
  • Fenced and secured yard

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby
50k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 48%
Dollar Tree Shops & Services
13,668 visits/mo 0.3 miles
White Castle Dining
11,401 visits/mo 0.3 miles
Church's Chicken Dining
9,720 visits/mo 0.4 miles
Family Dollar Shops & Services
6,551 visits/mo 0.4 miles
SUBWAY Dining
4,638 visits/mo 0.4 miles

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Auto shops in Chicago, IL

$214 Jul
$211 Aug
$166 Sep
$160 Oct

Properties on Market for Auto shops in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Similar Off Market Nearby

  • SouthSide Auto Services, INC. & SouthSide Hot Rods — 401 W 111th St, Chicago, IL 60628
  • Complete Auto Repair — 123 E 111th St, Chicago, IL 60628
  • C & O Auto Rebuilders — 10554 S Michigan Ave, Chicago, IL 60628
  • A B Automotive bandz — 560 E 105th Pl, Chicago, IL 60628
  • D and A Auto Repair — 33 W 104th Pl, Chicago, IL 60628

Frequently Asked Questions

What type of property is this?
Auto shop - Equipped for automotive service, the property includes a paint booth, customer office, and secured outdoor storage area.
Where is this auto shop located?
The property is located at 10550 S Michigan Ave Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 12,500‑square‑foot freestanding building on 40,722 square feet of land; Three drive‑in doors, a paint booth, and a finished customer office; Fenced and secured yard
(847) 863-2707 · Office Call to check price and availability
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