Established Auto Repair Business For
For Sale
Contact for pricing
2421 S Wabash Ave, Chicago, IL 60616
Operating auto repair and body shop in high-demand location.
Property Size12,800 SF
Lot Size0.29 Acres
Price / SF$19.53
Days on Market188
Property Features for 2421 S Wabash Ave
General Information
Standard status
Active
Size
12,800 SF
Lot size
0.29 Acres
Property subtype
Business for Sale
Zoning
M1-3
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
1967
Buildings
1
Stories
1
Units
1
Listing Agency:
Infiniti Properties Inc
(708) 859-7846
Listed By:
Ned Malley · License #IL 471007341
Source:
Crexi
Added: Feb 13
Changed: Aug 8
Last Checked: Aug 19 at 9:51AM
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 Infiniti Properties Inc
Investment Insights
Based on property information with market context.
An established and operating auto repair and body shop business is available for purchase. The business is situated in a favorable location within the Motor Row District. The property encompasses 12,800 square feet of space, including an office area. The single-story building features approximately 2,500 square feet of parking. The location offers significant exposure to the feeder ramp between Lake Shore Drive and the Dan Ryan Expressway. The asking price includes the business only. The monthly rent is $20,000 gross lease. The property offers multiple revenue streams from mechanical repair and collision work.
Key Highlights
- Established auto repair and body shop business for sale.
- High‑demand asset with multiple revenue streams (mechanical repair and collision).
- Located in a great location: Motor Row District with high exposure.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,275
Businesses Nearby
141k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Hotels & Casinos 24%
Shops & Services 17%
McDonald's
Dining
37,263 visits/mo
0.4 miles
Marriott Marquis Chicago
Hotels & Casinos
33,862 visits/mo
0.3 miles
White Castle
Dining
23,545 visits/mo
0.3 miles
Pizanos Pizza
Dining
13,973 visits/mo
0.3 miles
Chase Bank
Shops & Services
11,972 visits/mo
0.5 miles
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
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- Hyundai Service — Chicago, IL 60616
- Chevrolet Service — 2720 S Michigan Ave, Chicago, IL 60616
Frequently Asked Questions
What type of property is this?
Auto shop - Operating auto repair and body shop in high-demand location.
Where is this auto shop located?
The property is located at 2421 S Wabash Ave Chicago, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Established auto repair and body shop business for sale.; High‑demand asset with multiple revenue streams (mechanical repair and collision).; Located in a great location: Motor Row District with high exposure.
