805 Hannah Ave Forest Park, IL 60130-2005
This turnkey auto repair shop in Forest Park, Illinois, presents a rare opportunity. Located at 805 Hannah Ave, 60130, this 5,495 square foot building boasts over 30 years of successful operation. The asking price is $600,000, with the building alone appraised at this value. All equipment, parts, and employees remain with the sale, ensuring a seamless transition. A recently acquired phone number from the previous owner is included. The layout is designed for maximum efficiency, and all mechanical systems are in good working order. The current owner will provide a three-month paid transition period to facilitate a smooth handover. An NFR letter confirms the absence of any EPA issues. This well-established business offers significant growth potential for a motivated buyer. This is a truly exceptional opportunity to acquire a profitable, established business with a strong track record and significant assets. The property is situated in Cook County, Illinois, offering convenient access to major transportation routes and a strong customer base.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.