7455 Harlem Ave Bridgeview, IL 60455
- Auto shops
- 0.17 lot acres
Current Use by Public Records
- J & T Auto Body / Auto Body Shop
Property Details for 7455 Harlem Ave
- Year built
- 1983
- Lot size
- 0.17 lot acres
- Property type
- Auto shops
- APN
- 19-30-114-032
- APU
- 1930114032
Description
This exceptional investment opportunity presents a well-established, two-story auto repair shop in Bridgeview, Illinois. Located at 7455 S Harlem Ave, this 5,000 square foot Class B property boasts a strong NOI of $144,895, yielding a 9.06% cap rate at an asking price of $1,600,000 ($320/sq ft). Built in 1988, the single-tenant building sits on a C-3 zoned lot (APN: 19-30-114-032-0000) and benefits from a high volume of traffic due to its location near residential, commercial properties, dealerships, and gas stations. The business enjoys a loyal customer base, with 90% of its work stemming from insurance companies, ensuring a consistent revenue stream. The current owner is offering training to facilitate a smooth transition for the new owner. This turnkey operation presents significant growth potential, with opportunities to expand services to include detailing, fleet maintenance, or other related offerings. An adjacent flat is also available for purchase
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bridgeview
- County
- Cook
- State
- Illinois
- Longitude
- -87.7997
- Latitude
- 41.7557
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
