Auto Repair Property with Service
For Sale
$2,250,000
5000 W Cermak Road W, Cicero, IL 60804
Business Opportunity, Cicero, IL
Property Size9,656 SF
Lot Size0.55 Acres
Price / SF$233.02
Days on Market209
Property Features for 5000 W Cermak Road W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Just two blocks west of Cicero, northwest corner at 50th
Subdivision
Cicero
Standard status
Active
APN
16214320380000
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
79154
Utilities
Utilities
Natural Gas Available
Cooling system
Central Air
Amenities
electronic free standing pylon sign
9 lifts
oil change station
parts elevator
400-amp service
second floor office level
lower level storage
Building Details
Floors in Building
2
Building materials
Brick
Roof type
Membrane
Listing Agency:
EXIT Strategy Realty · EXIT Realty
(312) 554-5478
Listed By:
Alberto Gonzalez · License #475155143
(312) 493-0920
Added: Jan 23
Changed: Aug 20
Last Checked: Aug 20 at 7:06AM
MLS# 12553879
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This auto repair property includes a 9,656 BSF brick building constructed in 1993, with nine lifts, an oil-change station, a parts elevator, a second-floor office level, and lower-level storage. The facility has central air, a membrane roof, 400-amp electrical service, 14 parking spaces, and an electronic freestanding pylon sign.
The property occupies a commercial corner along Cermak Road in Cicero, with 100 feet of frontage and 120 feet of depth. The location records approximately 29,000 cars per day. The offering also includes an 11,781-square-foot storage lot at 1841-49 S Laramie with approximately 70 spaces. The established Trans-O-Mex auto repair business, including its name, corporation, employees, and book of business, is included.
The property occupies a commercial corner along Cermak Road in Cicero, with 100 feet of frontage and 120 feet of depth. The location records approximately 29,000 cars per day. The offering also includes an 11,781-square-foot storage lot at 1841-49 S Laramie with approximately 70 spaces. The established Trans-O-Mex auto repair business, including its name, corporation, employees, and book of business, is included.
Key Highlights
- 9,656 BSF brick auto repair building constructed in 1993
- Nine service lifts, oil‑change station, and parts elevator
- 400‑amp electrical service with central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$134,027
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,680,540
$2.7M
Cap Rate 7%
$1,914,671
$1.9M
Cap Rate 9%
$1,489,189
$1.5M
Market Conditions
NOI Build-Up for 9,656 SF
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.
Gross rent
$208.6K $21.60/SF
− Vacancy
−$17.1K −$1.77/SF
EGI
$191.5K $19.83/SF
− OpEx
−$57.4K −$5.95/SF
NOI
$134.0K $13.88/SF
Area
Cook County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,680,540
Cap Rate 7%
$1,914,671
Cap Rate 9%
$1,489,189
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
9
Service bays
29,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,147
Businesses Nearby
208k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 35%
Leisure 10%
Apparel 3%
Wendy's
Dining
21,206 visits/mo
0.2 miles
AMC Cicero 14
Leisure
21,126 visits/mo
0.4 miles
Thorntons
Shops & Services
18,925 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
15,807 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
14,476 visits/mo
0.3 miles
Demographics for 60804, IL
85,673
Population
26,738
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
68%
High-School Grad
7.1 sq mi
ZIP Area
12,067
Density / Sq Mi
$68,548
Median Household Income
$36,786
Median Earnings
$1,121
Median Rent
$236,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
Frequently Asked Questions
What type of property is this?
Auto shop - Brick improvements include office space, lower-level storage, and an oil-change station.
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: 9,656 BSF brick auto repair building constructed in 1993; Nine service lifts, oil‑change station, and parts elevator; 400‑amp electrical service with central air conditioning
