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Freestanding Auto Shop on Corner Lot
For Sale
Contact for pricing
Pending

940 W 31st Street, Chicago, IL 60608

Corner-lot property with an existing freestanding building configured for auto mechanic use.

Property Size1,200 SF
Lot Size0.22 Acres
Days on Market142

Property Features for 940 W 31st Street

General Information

Standard status Pending
Size 1,200 SF
Lot size 0.22 Acres
Property subtype Retail

Site & Location

Road Frontage 125 ft
Road Access Yes

Additional Details

Land Use commercial

Building Details

Buildings 1
Listing Agency: Coldwell Banker Commercial West
Listed By: Frank Paganis · License #IL475.161105
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:37PM

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 Commercial West

Investment Insights

Based on property information with market context.

This auto shop property combines a corner lot with an existing freestanding building currently used as an auto mechanic shop. The site contains approximately 9,759 SF, while the building measures 1,200 SF and offers an established physical setting for automotive operations or future repositioning.

The property fronts 31st Street for 125 feet and is located at 940 W 31st Street in Chicago, Illinois. Its lot configuration and existing automotive improvement provide a compact commercial asset with both an operating shop component and additional site area.

Key Highlights

  • Approximately 9,759 SF corner lot
  • 125' frontage on 31st street
  • 1,200 SF freestanding building

Property Analytics

Current Use

Recover Apostolic Ministry Church

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Carpet & Flooring Store Nursing Home

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,654
Businesses Nearby
108k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Shops & Services 27% Electronics 6%
McDonald's Dining
23,587 visits/mo 0.2 miles
Starbucks Dining
16,181 visits/mo 0.2 miles
BP Shops & Services
13,483 visits/mo 0.2 miles
Wings & Rings Dining
12,656 visits/mo 0.5 miles
SUBWAY Dining
6,755 visits/mo 0.2 miles

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Bridgeport Tires & Auto 3600 S Iron St, Chicago, IL 60609
  • Ed's Auto Center 3623 S Halsted St, Chicago, IL 60609
  • XTC Detail / Ceramic Pro Chicago | Elite Dealer 506 W 36th St, Chicago, IL 60609
  • Good Luck Auto Repair 3448 S Morgan St, Chicago, IL 60608
  • Root Brothers Auto Repair 912 W 35th St, Chicago, IL 60609

Frequently Asked Questions

What type of property is this?
Auto shop - Corner-lot property with an existing freestanding building configured for auto mechanic use.
Where is this auto shop located?
The property is located at 940 W 31st Street Chicago, IL.
What are key features of this property?
This property features: Approximately 9,759 SF corner lot; 125' frontage on 31st street; 1,200 SF freestanding building
More about this property
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