Richmond, IL
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    Richmond, IL Parking Lots & Garages for Sale

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    Genoa City, WI Spring Grove, IL Ringwood, IL
    Automotive Building on US Hwy 12
    $435,000
    4,000 SF

    Automotive Building on US Hwy 12

    9001 US Route 12, Richmond, IL 60071

    4,000 SF automotive building for sale on 0.9 acres.

    • Ideal user/investor property: Occupy 2,800 SF and receive income from a long‑term tenant in the adjacent 1,200 SF.
    • Income‑generating asset: Long‑term tenant (Medina Cars) in 1,200 SF with lease through 2026 and option to renew through 2029.
    • Automotive‑ready: Currently used for automotive purposes with 6 overhead doors.
    • Recent upgrades: Features a newer membrane roof and a new parking lot installed in 2023.
    • Strategic location: Situated on .9 acre on US Hwy 12.
    Updated: Mar 24
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    Automotive Building with Tenant Income
    $435,000
    4,000 SF

    Automotive Building with Tenant Income

    9001 US-12, Richmond, IL 60071

    4,000 SF automotive building with existing tenant income.

    • 4,000 SF 2‑unit masonry automotive building.
    • Ideal user/investor property: occupy 2,800 SF and rent out the adjacent 1,200 SF.
    • Income from long‑term tenant (Medina Cars) with lease through 2026 and option to renew through 2029.
    • 2,800 SF space available, currently occupied by tenant (Pete’s Paint Works) who wants to retire.
    • Located on .9 acre on US Hwy 12.
    Updated: Aug 31, 2022
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Redevelopment Opportunity Near Airport
    $1,850,000
    4.60 Acres

    Redevelopment Opportunity Near Airport

    4.598-acre redevelopment opportunity near Milwaukee Mitchell International Airport.

    5881 S Howell Ave, Milwaukee, WI 53207
    View details
    Kento Park Outdoor Parking Space
    Contact for pricing

    Kento Park Outdoor Parking Space

    Outdoor parking space in Kento Park Condominium Association.

    9445 Kenton Avenue P-30, Skokie, IL 60076
    View details
    Redevelopment Opportunity Near Airport
    $1,850,000

    Redevelopment Opportunity Near Airport

    Redevelopment opportunity near Milwaukee Mitchell International Airport.

    5881 S Howell Ave, Milwaukee, WI 53207
    View details
    Outdoor Parking Space For Sale
    Contact for pricing

    Outdoor Parking Space For Sale

    Outdoor parking space available at Metropolitan of Skokie Condominium.

    4953 Oakton Street #P-11, Skokie, IL 60077
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    West Ridge Development Site
    Contact for pricing
    5,305 SF

    West Ridge Development Site

    Development site in West Ridge, Chicago, with C2-2 zoning.

    6017 North Western Avenue, Chicago, IL 60659
    View details
    Royalton Towers Parking Garage Space
    Contact for pricing

    Royalton Towers Parking Garage Space

    Parking space in prestigious Royalton Towers, Old Town Chicago.

    1444 N Orleans Street, Chicago, IL 60610
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    Prime Loop Parking Space
    $40,000

    Prime Loop Parking Space

    Excellent Loop location near Millennium Park, shopping, restaurants, and theater!

    130 N Garland Court, Chicago, IL 60602
    View details
    Prime Parking Space in Chicago
    $33,000

    Prime Parking Space in Chicago

    Excellent Loop location near Millennium Park, shopping, and theater.

    130 N Garland Court, Chicago, IL 60602
    View details

    Richmond, IL Parking Lots & Garages Investment Opportunities Market Analysis

    Explore 2 parking lots & garages for sale in Richmond, IL on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $870,000.

    Sale prices for parking garages in Richmond, IL start at $435,000, averaging $435,000, and reaching up to $435,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Auto shops 2
    Parking lots & garages 2

    Demographics Overview

    Population 3,946
    Population Growth (5Y) +10.2%
    Median Household Income $77,593
    College Educated 38.9%

    High-Yield Neighborhoods for Strategic Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60071 $435K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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