Automotive Repair Facility with
6915 S Ashland Avenue, Chicago, IL 60636
For Sale
$875,000
Established automotive facility with gated commercial land, active utilities, and B3-3 zoning at a signalized intersection.
Property Size9,150 SF
Lot Size0.84 Acres
Price / SF$95.63
Days on Market120
Property Features for 6915 S Ashland Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Road Access
Fenced Yard
Outdoor Storage
Utilities to Site
Additional Details
Asking Price
Land Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams ONEChicago
Listed By:
Anthony Hardy · License #475139834
(630) 570-2223
Source:
Dawnmckennagroup
Added: Jul 13
Changed: Nov 7
Last Checked: Nov 8 at 1:09PM
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 Keller Williams ONEChicago
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Investment Insights
Based on property information with market context.
This automotive repair property includes a 9,150-square-foot building on a 10,780-square-foot parcel, along with 26,015 square feet of gated adjoining land. The combined offering totals 36,795 square feet, or 0.84 acre. Existing improvements and automotive infrastructure support repair operations, vehicle staging, customer parking, fleet storage, parts storage, and potential expansion. Active utility connections are in place, and the property has operated as a family-owned automotive repair and collision business since 1969.
Zoned B3-3, the site supports continued automotive operations and other commercial uses, with expansion or redevelopment subject to applicable approvals. It occupies the signalized intersection of 69th Street and Ashland Avenue, directly across from Food 4 Less, its fuel center, Chase Bank, Bank of America, Foot Locker, Little Caesars, and Subway. The surrounding grocery, fuel, banking, and retail businesses contribute established daily activity at the intersection.
Zoned B3-3, the site supports continued automotive operations and other commercial uses, with expansion or redevelopment subject to applicable approvals. It occupies the signalized intersection of 69th Street and Ashland Avenue, directly across from Food 4 Less, its fuel center, Chase Bank, Bank of America, Foot Locker, Little Caesars, and Subway. The surrounding grocery, fuel, banking, and retail businesses contribute established daily activity at the intersection.
Key Highlights
- 36,795 SF of contiguous land, including a 9,150 SF automotive repair and retail building
- Additional 26,015 SF of gated commercial land
- B3‑3 zoning across the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,379
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,580
$1.1M
Cap Rate 7%
$819,700
$819.7K
Cap Rate 9%
$637,544
$637.5K
Market Conditions
NOI Build-Up for 9,150 SF
Gross rent
$86.3K $9.43/SF
− Vacancy
−$4.3K −$0.47/SF
EGI
$82.0K $8.96/SF
− OpEx
−$24.6K −$2.69/SF
NOI
$57.4K $6.27/SF
Area
Chicago, IL
Vacancy
5.00%
Lease Rate
$9.43 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,580
Cap Rate 7%
$819,700
Cap Rate 9%
$637,544
Alternative Uses
Best Use
Retail
$1.81M
$1.58M – $2.11M
NOI $126,588 @ 7.0% cap · market cap 14.47%
Second Best
Industrial
$819.7K
$717.2K – $956.3K
NOI $57,379 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$4.31M
$3.77M – $5.03M
NOI $301,994 @ 7.0% cap · market cap 34.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
54k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 86%
Shops & Services 14%
Food 4 Less
Groceries
46,324 visits/mo
0.2 miles
BP
Shops & Services
7,702 visits/mo
0.2 miles
Demographics for 60636, IL
34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Auto shops in Chicago, IL
Properties on Market for Auto shops in Chicago
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- Pro Wheels Tire Shop — 7256 Ashland Ave, Chicago, IL 60636
- Bird’s Towing& Recovery Service — 7238 S Hermitage Ave #4, Chicago, IL 60636
- ALDITO MUFFLER BRAKES & SUSPENSION — 7240 S Ashland Ave, Chicago, IL 60636
- Tow Truck Chicago 60636 | DolleUp Beauty Supplies — 7142 S Ashland Ave, Chicago, IL 60636, United States
- Bonilla's — 7235 S Ashland Ave, Chicago, IL 60636
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive facility with gated commercial land, active utilities, and B3-3 zoning at a signalized intersection.
Where is this auto shop located?
The property is located at 6915 S Ashland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 36,795 SF of contiguous land, including a 9,150 SF automotive repair and retail building; Additional 26,015 SF of gated commercial land; B3‑3 zoning across the property
