239 162Nd St, South Holland, IL 60473
This exceptional investment opportunity presents a 6,500-square-foot, single-story auto shop building situated on a 0.46-acre lot in South Holland, Illinois. The property, located at 239 W 162nd St (Route 6), benefits from high visibility on a busy commercial thoroughfare with approximately 23,500 vehicles passing daily. Built in 1989 and renovated in 2014, the building features eight bays and an office/waiting area, perfectly suited for an auto repair business. Recent upgrades include a new 60-mil TPO roof (2024, 20-year warranty) and new furnaces (2024, 10-year warranty). The property is zoned for General Business - Commercial use and offers convenient access to Interstate 94 (approximately 2 miles west). The asking price is $600,000, translating to $92.31 per square foot. The land value alone is estimated at $100 per square foot. The property is a Class C building with a gross lease in place, expiring October 31, 2024. This owner/user investment presents a rare opportunity to acquire a well-maintained, strategically located auto shop in a thriving commercial area. The property's features, recent upgrades, and prime location make it an attractive proposition for both owner-operators and investors seeking a strong return on investment. The Cook County Assessor's Parcel Number (APN) is 29-21-200-076-0000.
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South Holland Plaza Shopping Center & Mall
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Harvey Auto Center 2 Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.