Property profile

265 Irving Park Rd Streamwood, IL 60107

OFF-MARKET
Auto shops
Property ID
US28-1696284
0.52 ac lot Built 1963
Individually Owned 29-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,489-square-foot auto shop presents a lucrative investment opportunity in Streamwood, Illinois. Located at 265 E Irving Park Rd, this single-story, 1963-built building sits on a half-acre lot boasting outstanding corner visibility at a signalized intersection. The property benefits from its location in a grocery-anchored outlot, ensuring high traffic volume. With excellent ingress and egress, the site features a fully paved and secured parking lot accommodating 27 vehicles. Prominent signage is visible from both Irving Park Road and Park Boulevard, maximizing exposure to the 33,650 vehicles passing daily. The asking price is $925,000, translating to $371.64 per square foot. Convenient access to major highways, including I-90, I-290, and I-355, further enhances its appeal. This turnkey operation is ideal for an established auto business or a savvy investor seeking a high-traffic location in a thriving commercial area of Cook County. The property's strong fundamentals and strategic location make it a compelling investment prospect.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1963
Lot 0.52 ac (22,500 SF)
APN 06-26-111-002
UPID US28-1696284

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

265 Irving Park Rd Streamwood, IL 60107-2948
Streamwood metro Census 804508 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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