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    4940 Main St Skokie, IL 60077

    Sponsored
    For Sale
    $180,000

    Established Auto Shop, High Traffic Area

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This profitable, turnkey auto repair shop in Skokie, IL, is available for $180,000. Located on Main Street, this 6,000 square foot, single-story building sits on a 10,062 square foot lot and includes 6 parking spaces. The property is zoned B2 and features state-of-the-art equipment, a strong customer base cultivated over 25 years, and experienced staff. Financial records are available upon request with a signed NDA, demonstrating consistent revenue and strong profit margins. The two-bay setup offers efficient operations with potential for expansion. All equipment, inventory, and customer relationships are included in the sale. This presents a unique opportunity for an experienced mechanic or entrepreneur seeking a stable and growing business. The property's prime location in a high-traffic area ensures excellent visibility and accessibility, attracting a steady stream of customers. This is a truly turnkey operation ready for immediate success. The APN is 99999990000000.

    Property Features for 4940 Main St

    General Information

    Property type
    Automotive properties
    Square Feet
    6,000 SF

    Building Details

    Stories
    1

    HighLights

    • Turnkey auto repair shop in Skokie, IL, listed at $180,000.
    • 6,000 SF building on a 10,062 SF lot with 6 parking spaces.
    • B2 zoning.
    • Includes state‑of‑the‑art equipment, established clientele, and experienced staff.
    • Financial records available upon request with NDA.
    • Two‑bay setup with expansion potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    G & G Automotive Auto Repair Shop Lifesafer Ignition Interlock Electronics Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Skokie
    County
    Cook
    State
    Illinois
    Longitude
    -87.75148
    Latitude
    42.0338424

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    FAQs

    What type of property is this?
    Automotive property - Established Auto Shop, High Traffic Area
    Where is this automotive property located?
    The property is located at 4940 Main St Skokie, IL.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Turnkey auto repair shop in Skokie, IL, listed at $180,000.; 6,000 SF building on a 10,062 SF lot with 6 parking spaces.; B2 zoning.
    Request Owner's contact information
    4940 Main St Skokie, IL 60077
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    Skokie, IL 60077
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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
    4940 Main St Skokie, IL 60077
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