Westchester Retail/Auto Shop
2150 South Mannheim Road Westchester, IL 60154
2150 South Mannheim Road, Westchester, IL, 60154
$1,500,000
Pending
For Sale
$1,500,000
Pending
9,950 SF property suitable for retail or auto shop.
Property Size9,950 SF
Days on Market377
Property Features for 2150 South Mannheim Road
General Information
- Standard status
- Pending
- Size
- 9,950 SF
Building Details
- Year Built
- 1950
Listing Agency
Avenue 1 Realty Group
(708) 250-5882
Listed by
William Pileggi · License #475164218
(708) 250-5882
Source
Compass
Added: Jul 6, 2025 Checked: Jul 17 at 5:26 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 Avenue 1 Realty Group
Investment Insights
Based on property information with market context.
This 9,950 square foot property is suitable for retail or automotive businesses. Located in Westchester, Illinois, the property presents a commercial real estate opportunity for prospective buyers.
Key Highlights
- 9,950 SF property suitable for retail or auto shop.
- Year Built: 1950
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 | $179.1k | $18.00 |
| − Vacancy | −$14.3k | −$1.44 |
| EGI | $164.8k | $16.56 |
| − OpEx | −$49.4k | −$4.97 |
| NOI | $115.3k | $11.59 |
9,950 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.65M
$1.44M – $1.92M
NOI $115,340 @ 7.0% cap · market cap 7.69%
Second Best
Industrial
$850.7K
$744.4K – $992.5K
NOI $59,551 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $171,005 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- W Auto Works — 2316 high ridge pkwy, hillside, il 60162
- B & D Import Car Repair — 9830 Derby Ln, Westchester, IL 60154
- Towing Westchester IL CO. — 1610 suffolk ave, westchester, il 60154
- George's Auto Service — 1835 S Mannheim Rd, Westchester, IL 60154
FAQs
What type of property is this?
Auto shop - 9,950 SF property suitable for retail or auto shop.
Where is this auto shop located?
The property is located at 2150 South Mannheim Road Westchester, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,950 SF property suitable for retail or auto shop.; Year Built: 1950
