Established Auto Repair Business
For Sale
Contact for pricing
2908 W Cermak Road, Chicago, IL 60623
Turnkey auto repair business with real estate in Chicago.
Property SizeContact for details
Days on Market194
Property Features for 2908 W Cermak Road
General Information
Standard status
Active
Property subtype
Retail, Business for Sale
Zoning
COMMR
Listing Agency:
Coldwell Banker Commercial NRT Chicago
Listed By:
sylvia magllanes · License #IL
Source:
Crexi
Added: Feb 7
Changed: Aug 18
Last Checked: Aug 19 at 11:41PM
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 Coldwell Banker Commercial NRT Chicago
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire an established auto repair business, including the real estate, in Chicago's Little Village area. The business has been under the same ownership for over 25 years. The sale encompasses both the real estate and the business, complete with all inventory and equipment. The property features seven service bays, each equipped with lifts, along with an alignment machine and a tire repair station suitable for both cars and large trucks. Access is facilitated by front and rear overhead doors. The property also includes an air-conditioned customer lobby and two private offices. Situated in a high-traffic area, the property benefits from outstanding visibility and consistent drive-by exposure. The location has a long-standing history as an auto repair shop, fostering community goodwill and repeat clientele. This is suitable for an owner-operator seeking a turnkey business or an investor seeking an income-producing asset in an automotive corridor.
Key Highlights
- Turnkey auto repair business opportunity including real estate, business, inventory, and equipment.
- Established business with a 25+ year operating history and strong community goodwill.
- Seven fully equipped service bays with lifts, alignment machine, and tire repair station suitable for cars and large trucks.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,786
Businesses Nearby
58k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 36%
Electronics 3%
BP
Shops & Services
16,196 visits/mo
0.2 miles
Church's Chicken
Dining
13,470 visits/mo
0.3 miles
Dunkin' Donuts
Dining
10,845 visits/mo
0.2 miles
Panda Express
Dining
9,349 visits/mo
0.5 miles
U.S. Bank
Shops & Services
3,754 visits/mo
0.2 miles
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Mandu's Auto Service — 2551 S Spaulding Ave, Chicago, IL 60623
- AJ Window Tinting — 3439 W 26th St, Chicago, IL 60623
- Kedzie Auto Repair — 2723 S Kedzie Ave, Chicago, IL 60623
- Pitts Auto Tech Inc. — 2657 S Kedzie Ave, Chicago, IL 60623
- AJ Electronics Chicago — 3437 W 26th St, Chicago, IL 60623
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto repair business with real estate in Chicago.
Where is this auto shop located?
The property is located at 2908 W Cermak Road Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Turnkey auto repair business opportunity including real estate, business, inventory, and equipment.; Established business with a 25+ year operating history and strong community goodwill.; Seven fully equipped service bays with lifts, alignment machine, and tire repair station suitable for cars and large trucks.
