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    15500 Vincennes Rd Phoenix, IL 60426

    For Sale
    $299,900

    Retail space, ideal for auto repair. High visibility location.

    Property size:
    4,906 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,906 square foot auto shop, located at 15500 Vincennes Rd in Phoenix, Illinois (zip code 60426), presents a lucrative investment opportunity. Situated on a 10,000 square foot lot (approximately 0.22 acres), this free-standing brick building boasts excellent street exposure and ample parking for 10 vehicles. Currently operating as a truck repair facility, the property has the capacity to accommodate up to 15 trucks both inside and outside. The building is zoned C-1, offering a wide range of potential uses beyond auto repair, including car washes and other related businesses. The property includes high-quality surveillance cameras (16 and 4 camera systems) and a 3-year-old, 80-gallon, 24.5 cfm, 7.5 hp air compressor. The asking price is $299,900, translating to $61.13 per square foot. The property's APN is 29163000220000. This is a rare opportunity to acquire a well-established and equipped commercial property in a desirable location. Don't miss out on this chance to own a thriving business or establish your own enterprise. Contact us today for more details.

    Property Features for 15500 Vincennes Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    4,906 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    TJ Transit Truck ... Truck Repair Shop M P Auto ... Motor Vehicle Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Cook
    State
    Illinois
    Longitude
    -87.6331684
    Latitude
    41.6078899

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    Nearby Similar for Sale

    • $199,000
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      Phoenix Commercial Building For Sale

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      15500 Vincennes Rd, Phoenix, IL 60426
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      Phoenix Two-Unit Investment Opportunity

      Two-unit property in Phoenix, Illinois, with income potential.
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    FAQs

    What type of property is this?
    Automotive property - Retail space, ideal for auto repair. High visibility location.
    Where is this automotive property located?
    The property is located at 15500 Vincennes Rd Phoenix, IL.
    What is the asking price?
    The asking price for this property is $299,900.
    (708) 856-5100
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    15500 Vincennes Rd Phoenix, IL 60426
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    Phoenix, IL 60426
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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
    15500 Vincennes Rd Phoenix, IL 60426
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