Turnkey Auto Body Shop
5601 S Archer Road Summit, IL 60501
5601 S Archer Road, Summit, IL, 60501
Contact for pricing
For Sale
Contact for pricing
Turnkey auto body shop with a high-end spray booth, offices, and security system on a 1-acre site.
Property Size3,700 SF
Lot Size1.00 Acre
Price / SF$297.30
Days on Market42
Property Features for 5601 S Archer Road
General Information
- Standard status
- Active
- Size
- 3,700 SF
- Lot size
- 1.00 Acre
- Property subtype
- Business for Sale, Multifamily, Industrial, Office, Special Purpose, Land, Retail
Listing agency
SKYDAN Real Estate Sales
(708) 450-0110
Listed by
Frank Christiano · License #IL
Source
Crexi
Added: Jun 11 Updated: Jul 21 at 2:18AM Checked: Jul 21 at 9:41AM
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 SKYDAN Real Estate Sales
Investment Insights
Based on property information with market context.
This turnkey auto body shop includes office space with two bathrooms, along with a new compressor and a high-end spray booth. The property is also equipped with a security system featuring high-quality 4K cameras.
The site is located on a busy Archer Road address, just off I-55, with convenient access to expressways and approximately 10 minutes to downtown Chicago.
The seller is offering the facility as a complete operating setup, with a long-established client list and many accounts. The property is on a 1-acre lot and is also positioned for redevelopment; confidentiality is requested and employees should not be disturbed.
The site is located on a busy Archer Road address, just off I-55, with convenient access to expressways and approximately 10 minutes to downtown Chicago.
The seller is offering the facility as a complete operating setup, with a long-established client list and many accounts. The property is on a 1-acre lot and is also positioned for redevelopment; confidentiality is requested and employees should not be disturbed.
Key Highlights
- Turnkey auto body shop on a 1‑acre property on busy Archer Rd, right off I‑55
- High‑end spray booth as part of the auto body shop setup
- Includes an office area with 2 bathrooms
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 | $79.9k | $21.60 |
| − Vacancy | −$6.6k | −$1.77 |
| EGI | $73.4k | $19.83 |
| − OpEx | −$22.0k | −$5.95 |
| NOI | $51.4k | $13.88 |
3,700 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$733.7K
$642.0K – $856.0K
NOI $51,357 @ 7.0% cap · market cap 4.67%
Second Best
Office B
$728.8K
$637.7K – $850.3K
NOI $51,017 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,421 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
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FAQs
What type of property is this?
Auto shop - Turnkey auto body shop with a high-end spray booth, offices, and security system on a 1-acre site.
Where is this auto shop located?
The property is located at 5601 S Archer Road Summit, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Turnkey auto body shop on a 1‑acre property on busy Archer Rd, right off I‑55; High‑end spray booth as part of the auto body shop setup; Includes an office area with 2 bathrooms
