Auto Repair Shop with
1701 Algonquin Road, Mount Prospect, IL 60056
For Sale
$1,599,999
The sale combines an operating repair business with its commercial property.
Property Size2,759 SF
Lot Size0.77 Acres
Price / SF$579.92
Days on Market40
Property Features for 1701 Algonquin Road
General Information
Standard status
Size
Lot size
Property subtype
Tenancy & Operations
Currently Operating
Real Estate Included
Additional Details
Business Included
Automotive Uses
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Listing Agency:
Insight Real Estate Advisors, LLC
(847) 812-0410
Listed By:
Phillip Desai
Source:
Purveyproperties
Added: Oct 1
Changed: Nov 8
Last Checked: Nov 8 at 8:46PM
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 Insight Real Estate Advisors, LLC
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Investment Insights
Based on property information with market context.
The offering includes an existing auto repair business and the real estate occupied by the operation. The building contains 2,759 square feet and sits on a 33,498-square-foot commercial lot. The business and property are being sold together.
Key Highlights
- Existing auto repair business included with the real estate
- 2,759‑square‑foot building
- 33,498‑square‑foot commercial lot
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
38k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 30%
Electronics 6%
Home Improvements & Furnishings 1%
Culver's
Dining
12,047 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
7,985 visits/mo
0.2 miles
Shell
Shops & Services
6,027 visits/mo
0.2 miles
Wingstop
Dining
4,210 visits/mo
0.2 miles
BP
Shops & Services
3,978 visits/mo
0.3 miles
Demographics for 60056, IL
57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value
Market
Average Price Trend$/SF for Auto shops in Cook County, IL
Properties on Market for Auto shops in Cook County
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Dreisilker Electric Motors — 140 Crossen Ave, Elk Grove Village, IL 60007
- Cosmetic Collision Center — 1200 E Higgins Rd b, Elk Grove Village, IL 60007
- Mobil — 2312 Terminal Dr, Arlington Heights, IL 60005
- Schaeffer Auto Body — 1100 E Higgins Rd, Elk Grove Village, IL 60007
- Benjamin Auto Repair — 1040 Addison Ct, Arlington Heights, IL 60005
Frequently Asked Questions
What type of property is this?
Auto shop - The sale combines an operating repair business with its commercial property.
Where is this auto shop located?
The property is located at 1701 Algonquin Road Mount Prospect, IL.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Existing auto repair business included with the real estate; 2,759‑square‑foot building; 33,498‑square‑foot commercial lot
