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    14401 Halsted St Riverdale, IL 60827

    Sponsored
    For Sale
    $199,000

    5,000 SF Auto Body Shop, Great Location

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,000-square-foot auto body shop in Riverdale, Illinois, is available for $199,000. Situated on a 13,754-square-foot lot, the property boasts 14 parking spaces within a fenced area. The building, currently operating as an auto body shop, presents a versatile opportunity for various uses, including a satellite location for a larger auto group, an auto repair shop, or a retail establishment. The zoning is B-2, allowing for a range of commercial activities. The building features a single story and offers a combination of hot water floor heating and gas forced-air heating. The asking price of $199,000 is for the building and property only. A separate purchase option exists for $294,000, which includes the building, property, equipment, and existing business. The address is 14401 S Halsted St, Riverdale, IL 60827. Prospective buyers should schedule an appointment for property viewings and understand that a Non-Disclosure Agreement (NDA) is required before financial information will be shared. Do not disturb employees.

    Property Features for 14401 Halsted St

    General Information

    Property type
    Automotive properties
    Square Feet
    5,000 SF

    Building Details

    Stories
    1
    Units
    1

    HighLights

    • 5,000 SF auto body shop in Riverdale, IL, on a 13,754 SF lot.
    • 14 parking spaces in a fenced area.
    • Versatile B‑2 zoning allows for various commercial uses.
    • $199,000 for building and land; $294,000 includes equipment and business.
    • Located at 14401 S Halsted St, Riverdale, IL 60827.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jacques Auto Body Auto Body Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverdale
    County
    Cook
    State
    Illinois
    Longitude
    -87.6410831
    Latitude
    41.633232

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    FAQs

    What type of property is this?
    Automotive property - 5,000 SF Auto Body Shop, Great Location
    Where is this automotive property located?
    The property is located at 14401 Halsted St Riverdale, IL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 5,000 SF auto body shop in Riverdale, IL, on a 13,754 SF lot.; 14 parking spaces in a fenced area.; Versatile B-2 zoning allows for various commercial uses.
    Request Owner's contact information
    14401 Halsted St Riverdale, IL 60827
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    Riverdale, IL 60827
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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
    14401 Halsted St Riverdale, IL 60827
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