Turnkey Auto Body Shop Opportunity

3241 W Cermak Road, Chicago, IL 60623

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For Sale

$799,000

Operating auto body shop with equipment and real estate included.

Type:Commercial

Property size:

5,000 SF

Price / SF:

$159/SF

Listing Contact

YANIRA DOYLE

Real Estate License ID: 475188643

HighLights

Turnkey auto body shop business and real estate included in sale.
Fully equipped with newly installed spray paint booth, hydraulic lifts, and ramp.
Boasts a 5,000+ sq. ft. commercial brick building.
Business has up‑to‑date city ordinances and licenses.
Features a 6‑year new heating system.
Includes office and customer waiting area.

For Sale

$799,000

Operating auto body shop with equipment and real estate included.

Type:Commercial

Property size:

5,000 SF

Price / SF:

$159/SF

Added:: Jan 20, 2026
Days on Market:: 141
Last Refresh:: Apr 5 at 9:07 pm

Property Features for 3241 W Cermak Road

General Information

Standard status: Active
Size: 5,000 SF
Property subtype: Commercial

Building Details

Year Built: 1912

We can help!

Listing Contact

YANIRA DOYLE

Listing agent YANIRA DOYLE License #475188643

Listing office CENTURY 21 IMPACT

Listing date Jan 20, 2026

Source Corcoran

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 CENTURY 21 IMPACT

HighLights

Turnkey auto body shop business and real estate included in sale.
Fully equipped with newly installed spray paint booth, hydraulic lifts, and ramp.
Boasts a 5,000+ sq. ft. commercial brick building.
Business has up‑to‑date city ordinances and licenses.
Features a 6‑year new heating system.
Includes office and customer waiting area.

Overview

This is a commercial brick building with over 5,000 square feet, currently operating as a fully equipped auto body shop. The sale encompasses both the business and the real estate. Features include a newly installed spray paint booth, two hydraulic lifts, and one ramp. Additional machinery, tools, and equipment are included in the sale. The property has a 6-year new heating system, a basement storage area, and an office and customer waiting area. City ordinances and licenses are up-to-date. This property is located on W Cermak Road in Chicago, IL, and presents a turnkey opportunity for an owner-operator or investor.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$108.0k	$21.60
− Vacancy	−$9.2k	−$1.84
EGI	$98.8k	$19.76
− OpEx	−$29.6k	−$5.93
NOI	$69.2k	$13.83

5,000 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$988.2K

$864.7K – $1.15M (±1% cap)

NOI $69,174 @ 7.0% cap · market cap 8.66%

Second Best

Industrial

$447.9K

$391.9K – $522.6K (±1% cap)

NOI $31,355 @ 7.0% cap · market cap 3.92%

Theoretical Best

Office A

$2.36M

$2.06M – $2.75M (±1% cap)

NOI $165,024 @ 7.0% cap · market cap 20.65%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Diaz Mufflers & Sons ... Auto Repair Shop Diaz Mufflers and Sons ... Auto Repair Shop

Suggested Use

Similar Places Nearby

Masters Auto Repair — W 27th St, Chicago, IL 60623
AJ Window Tinting — 3439 W 26th St, Chicago, IL 60623
Chino's tire shop — 2700 S Lawndale Ave, Chicago, IL 60623
Kedzie Auto Repair — 2723 S Kedzie Ave, Chicago, IL 60623
Pitts Auto Tech Inc. — 2657 S Kedzie Ave, Chicago, IL 60623

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.7069
Latitude: 41.8515

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For sale
Auto shops
IL
Chicago
60623
3241 W Cermak Road

What type of property is this?

Auto shop - Operating auto body shop with equipment and real estate included.

Where is this auto shop located?

The property is located at 3241 W Cermak Road Chicago, IL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Turnkey auto body shop business and real estate included in sale.; Fully equipped with newly installed spray paint booth, hydraulic lifts, and ramp.; Boasts a 5,000+ sq. ft. commercial brick building.