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    OFF-MARKET
    Auto shops

    12257 Cicero Ave, Alsip, IL 60803-2906

    0.26 ac lot Built 1978
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US28-2346003
    Property summary
    AI-generated overview

    This freestanding, 3,000 square foot auto shop in Alsip, Illinois, presents a compelling owner-user or value-add investment opportunity. Located on a 11,164 square foot lot at the highly visible, stoplighted intersection of 123rd and Cicero Avenue, this single-tenant property offers significant potential. Built in 1979, the building features two bays, four lifts, a two-stage air compressor, triple basin drainage, security cameras, and window air conditioners. The property also includes outdoor parking, recently restriped. The B-1 zoning allows for flexibility. The current owner, operating since 2011, offers seller financing with a 50% down payment. This property is ideally suited for an auto-related business, or redevelopment. Consider purchasing this location alone, or in conjunction with a second location (address available upon request). The property's prime location and existing infrastructure make it an attractive investment prospect. The Cook County location provides easy access to major transportation routes. This is a rare opportunity to acquire a well-established business and property in a high-demand area.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1978
    Lot 0.26 ac (11,164 SF)
    APN 24-27-101-073
    UPID US28-2346003
    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
    • Mt. Greenwood Auto Repair Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    As Automotive INC · 13 yrs held
    As Automotive INC
    since 2013
    1 recorded transaction
    2013
    $250,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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