4010 Wonder Lk Rd, Wonder Lake, IL 60097-9002
This exceptional 4,320-square-foot auto repair shop, located at 4010 E Wonder Lake Rd in Wonder Lake, IL 60097, presents a turnkey opportunity for an ambitious entrepreneur. Situated on a 0.53-acre lot, this single-story, 1986-built building boasts 16-foot ceilings, four drive-in doors (drive-thru), and some outdoor parking. The property features a 200-amp, 240V, 3-phase power system, a mezzanine for storage, a separate shower, and triple basin drains with an auxiliary waste oil furnace. All equipment is included in the lease, subject to a separate agreement, with the seller covering the cost of equipment repairs for the first year. The gross monthly lease is $3,900, inclusive of taxes, lawn care, and snow plowing. The building is zoned B2 and has a McHenry County APN of 19-18-201-011. The tenant is responsible for emptying and legally disposing of the contents of a 1,000-gallon holding tank for the triple basin drain. A credit report and lease application with financials are required. This is a rare opportunity to acquire a fully equipped, established business with minimal upfront investment. Bring your tools and start generating revenue immediately.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.