Automotive Repair Facility with Service
For Sale
$850,000
9952 S Halsted Street, Chicago, IL 60628
Established automotive facility with service bays, offices, customer waiting area, storage, and paved parking.
Property Size4,699 SF
Price / SF$180.89
Days on Market49
Property Features for 9952 S Halsted Street
General Information
Standard status
Active
Size
4,699 SF
Property subtype
COMMERCIAL
Site & Location
Neighborhood
Washington Heights
Taxes and HOA fees
Annual Taxes
$20,139
Building Details
Building Size
4,699 SF
Listing Agency:
Urbanitas Inc.
Listed By:
Hildebrando Torres · License #471004509
(773) 345-9110
Source:
Dawnmckennagroup
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 28 at 5:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urbanitas Inc.
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Investment Insights
Based on property information with market context.
This automotive repair facility includes approximately 4,699 square feet of building area on approximately 18,168 square feet of land across six city lots. The property has 10 service bays, multiple automotive lifts, and a 1985 addition designed for automotive service operations. Five overhead doors serve the newer portion, including four measuring approximately 10' x 8'8" and one measuring approximately 10' x 12'. Double-bay configurations add flexibility for repair and vehicle service work.
The building also contains an office suite, customer waiting room, stock room, and large inventory storage room. A paved parking area and separate side storage lot provide space for vehicles, equipment, and daily operations. All three roof sections were replaced in 2020, while the rooftop heating and air-conditioning unit was installed approximately six years ago. Additional indoor heating serves the repair area. The sale includes the real estate and some equipment, with inventory negotiable. An NFR Letter was obtained from Illinois EPA.
The building also contains an office suite, customer waiting room, stock room, and large inventory storage room. A paved parking area and separate side storage lot provide space for vehicles, equipment, and daily operations. All three roof sections were replaced in 2020, while the rooftop heating and air-conditioning unit was installed approximately six years ago. Additional indoor heating serves the repair area. The sale includes the real estate and some equipment, with inventory negotiable. An NFR Letter was obtained from Illinois EPA.
Key Highlights
- Approximately 4,699‑square‑foot automotive repair building
- 10 service bays with multiple automotive lifts
- Approximately 18,168 square feet across six city lots
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,010
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,200
$1.3M
Cap Rate 7%
$928,714
$928.7K
Cap Rate 9%
$722,333
$722.3K
Market Conditions
NOI Build-Up for 4,699 SF
Gross rent
$101.5K $21.60/SF
− Vacancy
−$8.6K −$1.84/SF
EGI
$92.9K $19.76/SF
− OpEx
−$27.9K −$5.93/SF
NOI
$65.0K $13.83/SF
Area
Chicago, IL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,200
Cap Rate 7%
$928,714
Cap Rate 9%
$722,333
Alternative Uses
Best Use
Retail
$928.7K
$812.6K – $1.08M
NOI $65,010 @ 7.0% cap · market cap 7.65%
Second Best
Industrial
$421.0K
$368.3K – $491.1K
NOI $29,467 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$2.22M
$1.94M – $2.58M
NOI $155,090 @ 7.0% cap · market cap 18.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 29%
Shell
Shops & Services
15,986 visits/mo
0.2 miles
BP
Shops & Services
11,229 visits/mo
0.1 miles
KFC
Dining
8,574 visits/mo
0.3 miles
Family Dollar
Shops & Services
8,149 visits/mo
0.4 miles
SUBWAY
Dining
4,614 visits/mo
0.5 miles
Demographics for 60628, IL
62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- Smoove towing — 10345 s halsted st, chicago, il 60628
- Smith's Family Towing — 1029 W 103rd St, Chicago, IL 60643
- F & L Car Clinic — 910 W 103rd St, Chicago, IL 60643
- Custom Collision Auto Body & Sales — 506 W 103rd St, Chicago, IL 60628
- Family Auto Sales and Repair — 10320 S Wentworth Ave, Chicago, IL 60628
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive facility with service bays, offices, customer waiting area, storage, and paved parking.
Where is this auto shop located?
The property is located at 9952 S Halsted Street Chicago, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 4,699‑square‑foot automotive repair building; 10 service bays with multiple automotive lifts; Approximately 18,168 square feet across six city lots
