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    FOR SALE
    Auto shops

    7455 S Harlem Ave, Bridgeview, IL 60455

    0.17 ac lot Built 1983
    Trust Owned 22-yr Hold Free & Clear
    Property ID
    US28-0811459
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a well-established, two-story auto repair shop in Bridgeview, Illinois. Located at 7455 S Harlem Ave, this 5,000 square foot Class B property boasts a strong NOI of $144,895, yielding a 9.06% cap rate at an asking price of $1,600,000 ($320/sq ft). Built in 1988, the single-tenant building sits on a C-3 zoned lot (APN: 19-30-114-032-0000) and benefits from a high volume of traffic due to its location near residential, commercial properties, dealerships, and gas stations. The business enjoys a loyal customer base, with 90% of its work stemming from insurance companies, ensuring a consistent revenue stream. The current owner is offering training to facilitate a smooth transition for the new owner. This turnkey operation presents significant growth potential, with opportunities to expand services to include detailing, fleet maintenance, or other related offerings. An adjacent flat is also available for purchase

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1983
    Lot 0.17 ac (7,302 SF)
    APN 19-30-114-032
    UPID US28-0811459
    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
    • J & T Auto Body 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
    Parkway Bank & Trust Co Ttee · 22 yrs held
    Parkway Bank & Trust Co Ttee
    since 2004
    1 recorded transaction
    2004
    $242,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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