7455 Harlem Ave Bridgeview, IL 60455
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Profitable Auto Repair Business in IL
Property size:
5,000 SFProperty Features for 7455 Harlem Ave
General Information
- Property type
- Automotive properties
- Square Feet
- 5,000 SF
- Class
- B
Building Details
- Year Built
- 1988
- Buildings
- 1
- Stories
- 2
Listing Agency: RE/MAX Millennium Listing Agent: Vito Sruoga
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a well-established, two-story auto repair shop in Bridgeview, Illinois. Located at 7455 S Harlem Ave, this 5,000 square foot Class B property boasts a strong NOI of $144,895, yielding a 9.06% cap rate at an asking price of $1,600,000 ($320/sq ft). Built in 1988, the single-tenant building sits on a C-3 zoned lot (APN: 19-30-114-032-0000) and benefits from a high volume of traffic due to its location near residential, commercial properties, dealerships, and gas stations. The business enjoys a loyal customer base, with 90% of its work stemming from insurance companies, ensuring a consistent revenue stream. The current owner is offering training to facilitate a smooth transition for the new owner. This turnkey operation presents significant growth potential, with opportunities to expand services to include detailing, fleet maintenance, or other related offerings. An adjacent flat is also available for purchase
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
J & T Auto ...
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Bridgeview
- County
- Cook
- State
- Illinois
- Longitude
- -87.7997259
- Latitude
- 41.7556818
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FAQs
What type of property is this?
Automotive property - Profitable Auto Repair Business in IL
Where is this automotive property located?
The property is located at 7455 Harlem Ave Bridgeview, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Well-established, 5,000 sq ft Class B auto repair shop in Bridgeview, IL.; Strong NOI of $144,895, 9.06% cap rate, $1,600,000 asking price ($320/sq ft).; Located at 7455 S Harlem Ave on a C-3 zoned lot (APN: 19-30-114-032-0000) with high traffic volume.