Automotive Service Hub on
18 W Merchants Drive Oswego, IL 60543
18 W Merchants Drive, Oswego, IL, 60543
$1,650,000
For Sale
$1,650,000
High-traffic auto repair and oil lube center for sale.
Property Size4,904 SF
Lot Size2.00 Acres
Price / SF$336.46
Days on Market101
Property Features for 18 W Merchants Drive
General Information
- Standard status
- Active
- Size
- 4,904 SF
- Lot size
- 2.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1996
Listing Agency
@PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
(312) 682-8500
Listed by
IRENE HADDAD
Source
Corcoran
Added: Apr 9 Checked: Jul 17 at 3:03 am
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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Investment Insights
Based on property information with market context.
Located on Merchants Drive, a high-traffic corridor between US Route 30 and Douglas Road, this automotive service hub benefits from a combined traffic count exceeding 54,000 vehicles per day. The property is situated on 2 acres and features a 4,904 square foot building with an additional 2,452 square foot lower level. The facility includes six service bays, with 3 designated for mechanic work and 3 for oil and lube services, all featuring 18-foot ceilings. The building incorporates energy-efficient radiant-heated concrete floors, a spacious customer lobby, a private office, two restrooms, and ample operational storage space. There are over 60 parking spaces available. The property is conveniently located near seven auto parts distributors within a one-mile radius. Potential expansion opportunities include paint-less dent repair, rustproofing and undercoating, window tinting, remote starts and car alarms, and software reprogramming. This property is positioned as an owner-user or investment opportunity.
Key Highlights
- Prime location on high‑traffic Merchants Drive with over 54,000 vehicles per day.
- Established auto repair and oil lube center with 6 service bays (3 mechanic + 3 oil/lube).
- Substantial 4,904 SF building plus a 2,452 SF lower level on 2 acres.
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 | $105.9k | $21.60 |
| − Vacancy | −$8.7k | −$1.77 |
| EGI | $97.2k | $19.83 |
| − OpEx | −$29.2k | −$5.95 |
| NOI | $68.1k | $13.88 |
4,904 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$972.4K
$850.9K – $1.13M
NOI $68,068 @ 7.0% cap · market cap 4.13%
Second Best
Industrial
$301.6K
$263.9K – $351.8K
NOI $21,110 @ 7.0% cap · market cap 1.28%
Theoretical Best
Office A
$1.69M
$1.48M – $1.98M
NOI $118,519 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
La Michoacanita Ice ...
Grocery & Convenience Store
I & J Automotive
Auto Repair Shop
I & J Automotive ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Get Hooked Towing & Recovery — 53 afton dr, montgomery, il 60538
- River View Ford, Inc. Service — 2200 US-30, Oswego, IL 60543
- Quick Lane at River View Ford — 2200 US-30, Oswego, IL 60543
- I & J Automotive — 18 W Merchants Dr, Oswego, IL 60543
- I & J Automotive Inc - Auto Repair, Oil Change & Tune-Up Service, Brake & Radiator Repair, Engine Mechanic — 18 w merchants dr, oswego, il 60543
FAQs
What type of property is this?
Auto shop - High-traffic auto repair and oil lube center for sale.
Where is this auto shop located?
The property is located at 18 W Merchants Drive Oswego, IL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Prime location on high‑traffic Merchants Drive with over 54,000 vehicles per day.; Established auto repair and oil lube center with 6 service bays (3 mechanic + 3 oil/lube).; Substantial 4,904 SF building plus a 2,452 SF lower level on 2 acres.
