Automotive Service
For Sale
$349,000
1825 S 17th Avenue, Broadview, IL 60155
For-sale automotive property located north of Roosevelt on 17th Avenue in Cook County.
Property Size2,338 SF
Days on Market341
Property Features for 1825 S 17th Avenue
General Information
Standard status
Active
Size
2,338 SF
Zoning
COMMR
Taxes and HOA fees
Annual Taxes
$10,874
Amenities
Central Air
Building Details
Building Size
2,338 SF
Year Built
1959
Stories
1
Listing Agency:
M Property Group LLC
(630) 846-0133
Listed By:
Marisa Rohrer · License #471021730
(630) 846-0133
Source:
Evrealestate
Added: Sep 5, 2025
Changed: Aug 8
Last Checked: Aug 11 at 7:01AM
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 M Property Group LLC
Investment Insights
Based on property information with market context.
This offering is an automotive service shop-type commercial property being marketed for sale. It is categorized among automotive properties and retail properties & spaces, aligning with uses typically associated with vehicle-focused service and related commercial activity.
The property is located at 1825 S 17th Avenue in Broadview, Illinois, in Cook County. The provided directions note the site is north of Roosevelt on 17th Avenue, which may help tenants and buyers plan route access and area orientation during the search process.
Given its automotive/retail property designation, this asset may be suitable for an owner-operator or investor seeking a vehicle-oriented commercial location for ongoing use. Prospective buyers should review the property specifics in person and with their advisors to confirm condition and suitability for their intended automotive and related retail operations.
The property is located at 1825 S 17th Avenue in Broadview, Illinois, in Cook County. The provided directions note the site is north of Roosevelt on 17th Avenue, which may help tenants and buyers plan route access and area orientation during the search process.
Given its automotive/retail property designation, this asset may be suitable for an owner-operator or investor seeking a vehicle-oriented commercial location for ongoing use. Prospective buyers should review the property specifics in person and with their advisors to confirm condition and suitability for their intended automotive and related retail operations.
Key Highlights
- Cook County for‑sale automotive property located north of Roosevelt on 17th Avenue
- Central air conditioning
- Built in 1959
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,064
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$201,280
$201.3K
Cap Rate 7%
$143,771
$143.8K
Cap Rate 9%
$111,822
$111.8K
Market Conditions
NOI Build-Up for 2,338 SF
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.
Gross rent
$15.2K $6.48/SF
− Vacancy
−$773 −$0.33/SF
EGI
$14.4K $6.15/SF
− OpEx
−$4.3K −$1.84/SF
NOI
$10.1K $4.30/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$201,280
Cap Rate 7%
$143,771
Cap Rate 9%
$111,822
Alternative Uses
Best Use
Retail
$463.6K
$405.7K – $540.9K
NOI $32,452 @ 7.0% cap · market cap 9.30%
Second Best
Industrial
$143.8K
$125.8K – $167.7K
NOI $10,064 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$807.2K
$706.3K – $941.7K
NOI $56,504 @ 7.0% cap · market cap 16.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60155, IL
8,011
Population
3,231
Households
2.5
Avg Household Size
44
Median Age
15%
College-Educated
85%
High-School Grad
1.9 sq mi
ZIP Area
4,216
Density / Sq Mi
$59,688
Median Household Income
$52,897
Median Earnings
$1,091
Median Rent
$240,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - For-sale automotive property located north of Roosevelt on 17th Avenue in Cook County.
Where is this auto shop located?
The property is located at 1825 S 17th Avenue Broadview, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Cook County for‑sale automotive property located north of Roosevelt on 17th Avenue; Central air conditioning; Built in 1959
