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    12101 Western Ave Blue Island, IL 60406

    Sponsored
    For Sale
    $875,000

    Established Auto Shop, High NOI, Great Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving, owner-user auto shop and accessory store located at 12101 Western Avenue in Blue Island, Illinois. The property, situated on a 0.36-acre lot, boasts a 3,500 square foot building constructed in 1946. Currently operating at 100% occupancy since March 1, 2024, this single-story structure is zoned C2 and offers significant potential for continued growth. The business generates impressive annual sales averaging $950,000 and a substantial net operating income (NOI) of $250,000, resulting in a compelling 28.57% capitalization rate. The asking price for both the business and the property is $875,000, plus inventory. The property's prime location on busy Western Avenue ensures high visibility and substantial daytime traffic. Real estate taxes for 2022 (due in 2023) totaled $33,048. The business is also available for sale separately for $250,000, plus inventory. This turnkey operation presents a rare opportunity for an established business with strong financials and a desirable location. The Cook County APN is 25-30-122-028-0000.

    Property Features for 12101 Western Ave

    General Information

    Property type
    Automotive properties
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1946
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Sound Masters Auto Parts Store Smart Start Ignition ... Safety Equipment Supplier Tires R Us Tire Shop Simple Interlock Safety Equipment Supplier LibertyX Bitcoin ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Blue Island
    County
    Cook
    State
    Illinois
    Longitude
    -87.6802789
    Latitude
    41.6733431

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    FAQs

    What type of property is this?
    Automotive property - Established Auto Shop, High NOI, Great Location
    Where is this automotive property located?
    The property is located at 12101 Western Ave Blue Island, IL.
    What is the asking price?
    The asking price for this property is $875,000.
    Request Owner's contact information
    12101 Western Ave Blue Island, IL 60406
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    Blue Island, IL 60406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12101 Western Ave Blue Island, IL 60406
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