Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17080 Dixie Hwy Hazel Crest, IL 60429

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $350,000

    Car dealership with real estate and land included in sale.

    Property size:
    1,000 SF
    Lot size:
    0.18 Acres

    Property Features for 17080 Dixie Hwy

    General Information

    Standard status
    Active
    Zoning
    B-2
    Size
    1,000 SF
    Lot size
    0.18 Acres

    Building Details

    Year built
    2000

    We can help!

    Listing Contact
    Ned Malley
    Ned Malley
    Source: Crexi

    Listing Agency: Infiniti Properties Inc Listing Agent: Ned Malley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Established Car Dealership For Sale

    An established car dealership is available for sale, including the business, real estate, and land. The dealership has been in operation for 20 years and has been fully remodeled. The property includes a building of approximately 1,000 square feet situated on 0.18 acres. The real estate taxes for 2023 were $8,283.39. The location benefits from an average daily traffic count exceeding 16,300 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Maus Motors Car Dealership Dixie Motorsports Car Dealership

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hazel Crest
    County
    Cook
    State
    Illinois
    Longitude
    -87.6659622
    Latitude
    41.5791851

    Nearby Similar for Sale

    • $400,000
      2,240 SF

      Medical Office Condo Near Hospital

      First-floor medical office condo across from Advocate South Suburban Hospital.
      3330 W 177Th St, Hazel Crest, IL 60429
      View Details
    • $200,000
      1,050 SF

      Turnkey Medical Office Opportunity

      Move-in ready medical office suite with included furniture.
      3330 W 177Th St, Hazel Crest, IL 60429
      View Details
    • $30,000
      0.06 Acres

      Commercial Property in Hazel Crest, IL

      Commercial property ready for renovation in a growing community.
      1739 W 170Th St, Hazel Crest, IL 60429
      View Details
    • $30,000
      2,500 SF

      Retail Property in Hazel Crest, IL

      2,500 sq ft retail property ready for renovation.
      1735 170Th St, Hazel Crest, IL 60429
      View Details
    • $800,000

      Retail Building on 1.84 Acres

      13,250 SF building on 1.84 acres with high traffic.
      3500 183Rd St, Hazel Crest, IL 60429
      View Details
    • $220,000
      8,000 SF

      Hazel Crest Commercial Properties Portfolio

      Five commercial properties in Hazel Crest, IL, requiring full renovation.
      16858 Park Ave, Hazel Crest, IL 60429
      View Details
    • Contact for pricing
      23,203 SF

      Hazel Crest Office Space Available

      Well-located office property with recent renovations and ample parking.
      17500-17508 E Carriageway Dr, Hazel Crest, IL 60429
      View Details
    • Contact for pricing

      Two Multifamily Buildings Opportunity

      Two multifamily buildings for sale in Hazel Crest, Illinois.
      17320 Throop St, Hazel Crest, IL 60429
      View Details
    • Contact for pricing
      13,250 SF

      Hazel Crest Retail Opportunity

      13,250 SF building on 1.84 acres for sale.
      3500 183Rd St, Hazel Crest, IL 60429
      View Details

    FAQs

    What type of property is this?
    Car wash - Car dealership with real estate and land included in sale.
    Where is this car wash located?
    The property is located at 17080 Dixie Hwy Hazel Crest, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Business, Real Estate, and Land Included in Sale; - Established Dealership (20 Years in Business); - Great Location with High Traffic Count (16,300+ vpd)
    (708) 859-7846
    Request Owner's contact information
    17080 Dixie Hwy Hazel Crest, IL 60429
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17080 Dixie Hwy
    Hazel Crest, IL 60429
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17080 Dixie Hwy Hazel Crest, IL 60429
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ned Malley
    Ned Malley
    Real Estate License ID: 471007341
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!