1200 Higgins Rd, Hoffman Estates, IL 60169-4033
This exceptional 3,855 square foot mixed-use building is ideally situated on a 0.45-acre lot at 1200 W Higgins Rd in Hoffman Estates, Illinois (zip code 60169). Currently configured as a free-standing automotive repair and sales facility, this Class C property boasts a highly visible location on Higgins Road, offering significant exposure to potential customers. The building features five overhead doors and three vehicle lifts, making it perfectly suited for automotive operations. A substantial 1300 square foot office area includes a showroom, two private offices, and separate bathrooms for the showroom and workshop. The property is zoned B-2, providing flexibility for a variety of uses. The asking price is $500,000, translating to $129.70 per square foot. This represents a compelling opportunity for investors seeking a well-established business in a prime location. The large 19,700 square foot lot offers ample space for expansion or future development. This turnkey operation is ready for immediate occupancy and presents a rare chance to acquire a profitable, established business in a thriving Cook County market. The property's strategic location and versatile zoning make it an attractive investment with strong potential for future growth and return.
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Elavo Cleaning Service Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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