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Automotive Repair and Storage Facility

9540 S Vincennes Avenue Chicago, IL 60643

New
9540 S Vincennes Avenue, Chicago, IL, 60643
$849,900
For Sale
Claim this Listing
$849,900

COMMERCIAL - Chicago, IL

Property Size12,000 SF
Lot Size0.97 Acres
Price / SF$70.83
AddedJul 13
Days on Market2
Last RefreshJul 14 at 5:06 pm

Property Features for 9540 S Vincennes Avenue

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Standard status
Active
APN
25082010190000
Lot size
0.97 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
54104

Utilities

Cooling system
Other (Cooling), Window Unit(s)

Building Details

Year built
1955
Floors in Building
1
Number of units
4
Building materials
Brick, Concrete, Steel Siding, Wood

Listing agent Anthony Meier License #471018883

Listing office Keller Williams Preferred Rlty 16101 108th Ave, Orland Park, IL

Listing date Jul 13, 2026

MLS# 12703284

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property consists of multiple buildings on a large corner lot, currently operating as an automotive body and repair shop. Improvements include an indoor repair shop and multiple storage areas, along with a lunchroom, conference room, and private and public restrooms. The yard is secured and fenced, with both inside and outside car storage, and the buildings offer high ceilings reported at 17+ feet. On the loading and access side, there are 3 trailer docks and 3 drive-in doors.

Parking totals approximately 35 spaces, with 8–30 indoor spaces and an additional 12–18 outdoor spaces. The site is identified with zoning “COMMR.”

The property is described as having excellent expressway access and public transportation, supporting its current automotive operations and potential for related warehouse or service uses where appropriate.

Key Highlights

  • Approximately 12,000+ SF automotive body/repair shop on a large corner lot with multiple buildings
  • 3 trailer docks and 3 drive‑in doors, plus high ceilings of 17+ ft in the repair shop
  • Secured, fenced‑in yard with inside and outside car storage

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $113.2k $9.43
− Vacancy −$5.7k −$0.47
EGI $107.5k $8.96
− OpEx −$32.3k −$2.69
NOI $75.3k $6.27
12,000 SF · lease $9.43/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.37M
$2.08M – $2.77M (±1% cap)
NOI $166,018 @ 7.0% cap · market cap 19.53%
Second Best
Industrial
$1.08M
$940.6K – $1.25M (±1% cap)
NOI $75,251 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$5.66M
$4.95M – $6.60M (±1% cap)
NOI $396,058 @ 7.0% cap · market cap 46.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Winston Auto Rebuilders ... Auto Repair Shop

Suggested Use

Real Estate Agency Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Dental Office Skin Care Clinic Computer & Electronic Repair Garden Center HVAC Service Furniture & Home Goods

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

Similar Off Market Nearby

  • Cino's Quality Automotive 9934 s halsted st, chicago, il 60628
  • All-Car Services 9720 S Vincennes Ave, Chicago, IL 60643
  • Halsted Auto Diagnostic Clinic 9946 S Halsted St, Chicago, IL 60628
  • Next level auto repair 9934 S Halsted St, Chicago, IL 60628
  • Joy Auto Repair Inc. 10001 S Halsted St, Chicago, IL 60628

FAQs

What type of property is this?
Auto shop - Multi-building property with 3 trailer docks, 3 drive-in doors, and a secured fenced yard for vehicle storage.
Where is this auto shop located?
The property is located at 9540 S Vincennes Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Approximately 12,000+ SF automotive body/repair shop on a large corner lot with multiple buildings; 3 trailer docks and 3 drive‑in doors, plus high ceilings of 17+ ft in the repair shop; Secured, fenced‑in yard with inside and outside car storage
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