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    OFF-MARKET
    Auto shops

    1200 Higgins Rd, Hoffman Estates, IL 60169-4033

    3,348 SF 0.45 ac lot Built 1975
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US28-0305834
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1975
    Total area 3,348 SF
    Lot 0.45 ac (19,789 SF)
    APN 07-08-409-020
    UPID US28-0305834
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Elavo Cleaning Service Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Romac LLC · 14 yrs held
    Romac LLC
    since 2011
    7 recorded transactions
    2011
    $450,000
    2001
    $600,000
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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