Automotive Service Building with
For Sale
$349,000
1825 S 17th Ave, Broadview, IL 60155
Includes overhead doors, a customer-facing office, repair equipment, and a fenced rear work area with alley access.
Property Size2,338 SF
Price / SF$149.27
Days on Market58
Property Features for 1825 S 17th Ave
General Information
Standard status
Active
Size
2,338 SF
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
2 overhead doors
3 lifts
customer-facing front office
fenced back lot
alley access
Building Details
Year Built
1959
Buildings
1
Listing Agency:
M Property Group LLC
Listed By:
Marisa Rohrer · License #471021730
(630) 846-0133
Source:
Realtopiare
Added: Aug 17
Changed: Oct 6
Last Checked: Oct 7 at 3:21PM
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 automotive service property includes two overhead doors, three vehicle lifts, and a customer-facing front office. The sale includes the existing repair equipment, and the building is offered in its current condition. Constructed in 1959, the facility currently complies with city building code requirements, while a Phase II ESA has been completed.
The property fronts 17th Avenue at 1825 S 17th Ave in Broadview, Illinois. A fenced back lot provides additional secured space and is shared with alley access. The building and equipment are being conveyed as-is, providing an established physical setup for automotive service use.
The property fronts 17th Avenue at 1825 S 17th Ave in Broadview, Illinois. A fenced back lot provides additional secured space and is shared with alley access. The building and equipment are being conveyed as-is, providing an established physical setup for automotive service use.
Key Highlights
- Two overhead doors and 3 vehicle lifts
- Customer‑facing front office included
- Existing automotive repair equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,064
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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- Hughes Auto Body Shop — 1839 S 21st Ave, Maywood, IL 60153
- HighPower 24hour Towing — 1839 S 21st Ave, Broadview, IL 60155
Frequently Asked Questions
What type of property is this?
Auto shop - Includes overhead doors, a customer-facing office, repair equipment, and a fenced rear work area with alley access.
Where is this auto shop located?
The property is located at 1825 S 17th Ave 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: Two overhead doors and 3 vehicle lifts; Customer‑facing front office included; Existing automotive repair equipment included
