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Mixed-Use Property with Auto Shop

1319 - 1321 CHICAGO Avenue, Savanna, IL 61074

For Sale
$160,000

Commercial space across multiple levels includes automotive equipment and an apartment above.

Property Size7,128 SF
Price / SF$22.45
Days on Market344

Property Features for 1319 - 1321 CHICAGO Avenue

General Information

Standard status Active
Size 7,128 SF
Property subtype Commercial
Zoning Comme

Site & Location

Corner Location Yes
Mixed-Use Components retail, residential

Automotive

Service Bays 2
Automotive Uses auto repair, tire service

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Real Estate Included Yes

Additional Details

Gross Income $14,400

Taxes and HOA fees

Annual Taxes $3,593

Building Details

Building Size 7,128 SF
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Howes & Jefferies REALTORS
Listed By: Dennis Lauver · License IL B63532000
Source: Icandyrealty
Added: Dec 4, 2025 Changed: Nov 11 Last Checked: Nov 11 at 9:13PM

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 Coldwell Banker Howes & Jefferies REALTORS

Rey
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Investment Insights

Based on property information with market context.

This 7,128-square-foot mixed-use property has business areas on the basement and main levels, with an apartment upstairs. The basement includes two 8,000-pound vehicle lifts, an industrial air compressor, a tire changer, and a tire mounting machine. The main-floor space is vacant and has accommodated retail and bar or tavern uses. An apartment and a separate business occupy the other areas of the building.

The property sits on a corner at 1319–1321 Chicago Avenue in Savanna, Illinois. A parking lot is part of the site, and a national quick-service restaurant is nearby.

Key Highlights

  • 7,128‑square‑foot mixed‑use property with business areas and an upstairs apartment
  • Basement equipped with two 8,000‑pound vehicle lifts
  • Includes an industrial air compressor, tire changer, and tire mounting machine

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Auto shops

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Hair Salon Restaurant Auto Parts 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

2
Service bays
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby

Demographics for 61074, IL

4,023
Population
2,344
Households
1.7
Avg Household Size
48
Median Age
15%
College-Educated
85%
High-School Grad
73.5 sq mi
ZIP Area
55
Density / Sq Mi
$48,387
Median Household Income
$35,033
Median Earnings
$807
Median Rent
$93,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space across multiple levels includes automotive equipment and an apartment above.
Where is this mixed-use property located?
The property is located at 1319 - 1321 CHICAGO Avenue Savanna, IL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 7,128‑square‑foot mixed‑use property with business areas and an upstairs apartment; Basement equipped with two 8,000‑pound vehicle lifts; Includes an industrial air compressor, tire changer, and tire mounting machine
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