Turnkey Auto Repair Corner
11849 S Pulaski Road Alsip, IL 60803
New
11849 S Pulaski Road, Alsip, IL, 60803
$859,000
For Sale
$859,000
COMMERCIAL - Alsip, IL
Property Size3,000 SF
Lot Size0.24 Acres
Price / SF$286.33
Days on Market6
Property Features for 11849 S Pulaski Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active
- APN
- 24233240060000
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 18189
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Window Unit(s)
Building Details
- Floors in Building
- 1
- Building materials
- Block
Listing Agency
Compass
(773) 482-1917
55 E ERIE ST STE 1C, IL
Listed by
Michael Giliano · License #475135259
Added: Jul 13 Checked: Jul 18 at 11:06 am
MLS# 12703066
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.
Turnkey auto repair and tire shop offered as a fully equipped operation with a 3,000-square-foot concrete block building. The shop is configured as a 4-bay facility with overhead doors, includes a dedicated office area and public restrooms, and has 120V/240V power. All shop equipment is included with the sale, and the property is being priced based on its land value. The site has been EPA cleaned and certified for the next owner.
The property sits on a highly visible corner lot at the intersection of 119th & Pulaski (Crawford) in Alsip’s Central Business District. The lot provides ample outdoor parking and accommodates approximately 13–18 spaces, supporting day-to-day customer access.
Zoned COMMR, the listing materials describe redevelopment flexibility with examples including a fast-food or coffee drive-thru, cannabis dispensary, bank, or continued automotive use. TIF funding is noted as potentially available through Alsip’s Pulaski Road redevelopment initiatives, and the public remarks also mention the opportunity to expand by acquiring adjacent property. The current owner is retiring and the business is presented as a ready-to-operate option or redevelopment platform.
The property sits on a highly visible corner lot at the intersection of 119th & Pulaski (Crawford) in Alsip’s Central Business District. The lot provides ample outdoor parking and accommodates approximately 13–18 spaces, supporting day-to-day customer access.
Zoned COMMR, the listing materials describe redevelopment flexibility with examples including a fast-food or coffee drive-thru, cannabis dispensary, bank, or continued automotive use. TIF funding is noted as potentially available through Alsip’s Pulaski Road redevelopment initiatives, and the public remarks also mention the opportunity to expand by acquiring adjacent property. The current owner is retiring and the business is presented as a ready-to-operate option or redevelopment platform.
Key Highlights
- 3,000 SF concrete block corner building with a 4‑bay auto repair/tire shop layout and overhead doors
- All shop equipment included; includes dedicated office area and public restrooms
- 120V/240V power and window unit cooling; natural gas is available
Local Financial Insights For Retail
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 | $64.8k | $21.60 |
| − Vacancy | −$5.5k | −$1.84 |
| EGI | $59.3k | $19.76 |
| − OpEx | −$17.8k | −$5.93 |
| NOI | $41.5k | $13.83 |
3,000 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$592.9K
$518.8K – $691.7K
NOI $41,504 @ 7.0% cap · market cap 4.83%
Second Best
Industrial
$268.8K
$235.2K – $313.6K
NOI $18,813 @ 7.0% cap · market cap 2.19%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $99,014 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Charley's Complete Auto ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- QPW Truck Wash — 12530 S Springfield Ave, Alsip, IL 60803
- A-Emergency Auto Repair and Towing — 4208 W 124th Pl, Alsip, IL 60803
- QPW Truck Repair & Oil Change — 12530 S Springfield Ave, Alsip, IL 60803
- Top Line Truck Repair — 3500 W 127th St, Blue Island, IL 60406
- M & R COMPLETE AUTO SERVICE — 4202 W 124th Pl, Alsip, IL 60803
FAQs
What type of property is this?
Auto shop - Turnkey 4-bay auto repair and tire shop with office, restrooms, and ample outdoor parking on a highly visible corner lot.
Where is this auto shop located?
The property is located at 11849 S Pulaski Road Alsip, IL.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: 3,000 SF concrete block corner building with a 4‑bay auto repair/tire shop layout and overhead doors; All shop equipment included; includes dedicated office area and public restrooms; 120V/240V power and window unit cooling; natural gas is available