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    9363 South Chicago Ave Chicago, IL 60617

    Sponsored
    For Sale
    $129,000

    3,000 SF Garage Repair Shop, $129,000

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This 3,000-square-foot industrial building, located at 9363 S South Chicago Ave in Chicago, IL 60617, presents a compelling investment opportunity. The property is a vacant, one-story brick structure featuring a single overhead door, ideal for a variety of uses, particularly given its previous use as a garage repair shop. The building is being offered as-is, where-is, with a special warranty deed delivered at closing. The asking price is $129,000, translating to $43 per square foot. This represents a potentially attractive return on investment for buyers seeking a quick close on a property in Cook County. The property's PIN is 26-06-418-011-0000. Given its size and location, this property is well-suited for a range of industrial or commercial uses, offering significant potential for redevelopment or immediate occupancy. The sale is a straightforward transaction, ensuring a smooth and efficient closing process. Serious inquiries are encouraged to explore this promising opportunity.

    Property Features for 9363 South Chicago Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    3,000 SF

    HighLights

    • 3,000 SF vacant one‑story brick building with one overhead door.
    • Property delivered AS‑IS, WHERE‑IS with a Special Warranty Deed at closing. Quick close available.
    • Purchase price: $149,000.
    • Property PIN: 26‑06‑418‑011‑0000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Road Runner Tire ... Tire Shop

    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
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5487418
    Latitude
    41.7254465

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    FAQs

    What type of property is this?
    Industrial property - 3,000 SF Garage Repair Shop, $129,000
    Where is this industrial property located?
    The property is located at 9363 South Chicago Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: 3,000 SF vacant one-story brick building with one overhead door.; Property delivered AS-IS, WHERE-IS with a Special Warranty Deed at closing. Quick close available.; Purchase price: $149,000.
    Request Owner's contact information
    9363 South Chicago Ave Chicago, IL 60617
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    Chicago, IL 60617
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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
    9363 South Chicago Ave Chicago, IL 60617
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