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7525-7527 Wolcott Ave Chicago, IL 60626

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For Sale
Contact for pricing

Established Car Wash, Huge Potential

Property size:
15,000 SF

Property Features for 7525-7527 Wolcott Ave

General Information

Property type
Automotive properties
Square Feet
15,000 SF

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Listing Contact
Mark Ahmad
Mark Ahmad

Listing Agency: Coldwell Banker Leader Realty Listing Agent: Mark Ahmad

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 15,000 sq ft. car wash facility, located at 7525-7527 N Wolcott Avenue in Chicago's Rogers Park neighborhood, is offered for sale at $1,499,000. Situated on a 16,000 sq ft. lot, this property boasts a 2,500 sq ft. mezzanine level perfect for storage and office space. Currently operating as a repair and body shop for over a decade, this versatile property holds two city business licenses for mechanical and body shop services. The extensive equipment includes seven lifts, an in-ground dynamometer, a paint booth, an oil waste tank, and exhaust fans compliant with all codes. The building features five ceiling-mounted heating units and a recently updated roof (L-shaped section in 2017, smaller section in 2022). Its prime location offers easy access to Evanston, Lake Shore Drive, and Sheridan Beach. The property's zoning allows for diverse redevelopment opportunities, including conversion to a gym, warehouse, distribution center, storage facility, or condominium development. Annual real estate taxes for 2023 were $27,500. This is a rare opportunity to acquire a well-established business with significant upside potential in a desirable location. The business operates Monday through Friday.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6771755
Latitude
42.0185631

FAQs

What type of property is this?
Automotive property - Established Car Wash, Huge Potential
Where is this automotive property located?
The property is located at 7525-7527 Wolcott Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: $1,499,000 asking price for this special purpose property.; 15,000 square foot building on a 16,000 square foot lot in Chicago, IL.; Currently operating as a repair/body shop, includes all equipment (7 lifts, paint booth, dynamometer, etc.).
(773) 983-1553 Call to check price and availability
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