Auto Repair Garage with
5000 W Cermak Road W Cicero, IL 60804
5000 W Cermak Road W, Cicero, IL, 60804
Contact for pricing
For Sale
Contact for pricing
Auto repair facility built in 1993 featuring nine lifts, second-floor office space, and 14 parking spaces.
Property Size9,656 SF
Price / SF$233.02
Days on Market180
Property Features for 5000 W Cermak Road W
General Information
- Standard status
- Active
- Size
- 9,656 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1992
Listing agency
EXIT Strategy Realty
(773) 294-7534
Listed by
Alberto Gonzalez · License #475.155143
Source
Crexi
Added: Jan 23 Updated: Jul 22 at 2:37AM Checked: Jul 22 at 2:37AM
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 EXIT Strategy Realty
Investment Insights
Based on property information with market context.
This for-sale auto repair property includes a complete operating business and the related business assets. The facility was built in 1993 and is supported by multiple service bays with nine lifts, an oil change station, and a parts elevator to the lower level. A second-floor office level is included, along with lower-level storage and additional functional space. Electrical service is listed as 400-amp, and the property features an electronic, free-standing pylon sign.
The site is described as a major corner location on a prime commercial corridor, with a lot depth of 120 and 100 feet of frontage. Parking is listed as 14 spaces.
The offering notes an established auto repair business in operation for 45 years, with 10 employees and complete financials available upon request.
The site is described as a major corner location on a prime commercial corridor, with a lot depth of 120 and 100 feet of frontage. Parking is listed as 14 spaces.
The offering notes an established auto repair business in operation for 45 years, with 10 employees and complete financials available upon request.
Key Highlights
- Auto repair facility built in 1993 on a 100' frontage x 120' deep lot (9,656 SF building)
- Includes 9 lifts and an oil change station for service work
- Second‑floor office level plus lower‑level storage and other support space
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 | $208.6k | $21.60 |
| − Vacancy | −$17.1k | −$1.77 |
| EGI | $191.5k | $19.83 |
| − OpEx | −$57.4k | −$5.95 |
| NOI | $134.0k | $13.88 |
9,656 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.91M
$1.68M – $2.23M
NOI $134,027 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$593.8K
$519.6K – $692.8K
NOI $41,566 @ 7.0% cap · market cap 1.85%
Theoretical Best
Office A
$3.33M
$2.92M – $3.89M
NOI $233,364 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Cicero Tire Shop — 4859 W Ogden Ave, Cicero, IL 60804
- Autobahn Automotive — 4901 w ogden ave, cicero, il 60804
- Sanchez Auto care — 4859 W Ogden Ave, Cicero, IL 60804
- 25th Fast Auto Repair — 2500 S Central Ave, Cicero, IL 60804
- My Shop Auto Care — S 50th Ave, Cicero, IL 60804
FAQs
What type of property is this?
Auto shop - Auto repair facility built in 1993 featuring nine lifts, second-floor office space, and 14 parking spaces.
Where is this auto shop located?
The property is located at 5000 W Cermak Road W Cicero, IL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Auto repair facility built in 1993 on a 100' frontage x 120' deep lot (9,656 SF building); Includes 9 lifts and an oil change station for service work; Second‑floor office level plus lower‑level storage and other support space