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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

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.
More about this property
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