Automotive Service
For Sale
$349,000
Broadview, IL 60155, Broadview, IL 60155
Commercial Sale, Broadview, IL
Property Size2,338 SF
Lot Size0.07 Acres
Price / SF$149.27
Days on Market42
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Subdivision
Broadview
Standard status
Active
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
10357
Utilities
Cooling system
Central Air
Amenities
2 overhead doors
customer-facing front office
Building Details
Year built
1959
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick
Listing Agency:
M Property Group LLC
(630) 518-4511
Listed By:
Marisa Rohrer · License #471021730
(630) 846-0133
Added: Sep 1
Changed: Oct 8
Last Checked: Oct 12 at 5:06AM
MLS# 12748681
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.
This 2,338-square-foot brick automotive building has a customer reception and office area, concrete flooring, central air, and two tall overhead doors. Three vehicle lifts are included in the sale, along with the other equipment; the equipment is sold as-is. The building itself is offered as-is and is currently up to city building code. A Phase II ESA has been completed.
The property has frontage on 17th Avenue. A fenced rear area is shared and accessible from an alley. The site measures 0.0723 acres and is zoned COMMR. Built in 1959, the building was previously used for transmission repair.
The property has frontage on 17th Avenue. A fenced rear area is shared and accessible from an alley. The site measures 0.0723 acres and is zoned COMMR. Built in 1959, the building was previously used for transmission repair.
Key Highlights
- 2,338‑square‑foot brick automotive building
- Two tall overhead doors and three vehicle lifts
- Customer reception and office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,064
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,280
$201.3K
Cap Rate 7%
$143,771
$143.8K
Cap Rate 9%
$111,822
$111.8K
Market Conditions
NOI Build-Up for 2,338 SF
Gross rent
$15.2K $6.48/SF
− Vacancy
−$773 −$0.33/SF
EGI
$14.4K $6.15/SF
− OpEx
−$4.3K −$1.84/SF
NOI
$10.1K $4.30/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,280
Cap Rate 7%
$143,771
Cap Rate 9%
$111,822
Alternative Uses
Best Use
Retail
$463.6K
$405.7K – $540.9K
NOI $32,452 @ 7.0% cap · market cap 9.30%
Second Best
Industrial
$143.8K
$125.8K – $167.7K
NOI $10,064 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$807.2K
$706.3K – $941.7K
NOI $56,504 @ 7.0% cap · market cap 16.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
903
Businesses Nearby
72k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 53%
Dining 47%
Marshalls
Apparel
38,082 visits/mo
0.5 miles
McDonald's
Dining
32,582 visits/mo
0.5 miles
Lou Malnati's Pizzeria
Dining
1,596 visits/mo
0.5 miles
Demographics for 60155, IL
8,011
Population
3,231
Households
2.5
Avg Household Size
44
Median Age
15%
College-Educated
85%
High-School Grad
1.9 sq mi
ZIP Area
4,216
Density / Sq Mi
$59,688
Median Household Income
$52,897
Median Earnings
$1,091
Median Rent
$240,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Elite Paintless Dent Removal — 9026 W 23rd Pl, North Riverside, IL 60546
- Gueros Auto Repair — 2829 W Cermak Rd, Broadview, IL 60155
- Al's and Son's Towing Services
- American Car Center — 2929 18th Ave Suite A, Broadview, IL 60155
- Autotek — 8659 Cermak Rd, North Riverside, IL 60546
Frequently Asked Questions
What type of property is this?
Auto shop - Brick automotive space includes vehicle lifts, two service doors, and a customer reception area.
Where is this auto shop located?
The property is located at Broadview, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,338‑square‑foot brick automotive building; Two tall overhead doors and three vehicle lifts; Customer reception and office area
