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9601 Ewing Ave Chicago, IL 60617-5158

OFF-MARKET Auto shops Google Maps
6,800 SF 0.28 ac lot Built 1924
Entity Owned 1-yr Hold Free & Clear
Estimated value (blended)
$225k
Range $203k – $248k (±10%)
Property ID US28-1457919

Property summary

AI-generated overview

This exceptional mixed-use property, located at 9601-9605 S Ewing Ave in Chicago, IL, presents a compelling investment opportunity. The main building (9601 S Ewing Ave) is a well-established mechanic and body shop boasting a spacious layout capable of accommodating 12-14 vehicles plus equipment. A private office is included on the main level. The lower level provides additional space for 10-12 more vehicles. An enclosed parking lot with industrial metal sheeting accommodates 10+ cars and leads to a professional spray booth. A side ramp from the booth accesses a lower-level garage with capacity for 8+ vehicles. Adjacent buildings (9603 & 9605 S Ewing Ave) offer further income potential. 9603 features three rentable office spaces, easily convertible to apartments, complete with a recently updated full bathroom. 9605 provides over 1,000 square feet of retail space. The property enjoys a high-traffic location on Ewing Ave, with 15,000 vehicles passing daily, and benefits from its proximity to the new Illinois Quantum Data Center and Microelectronics Park campus (1.8 miles). This prime location and versatile configuration offer significant income-generating possibilities. The asking price is $569,900. This is a rare opportunity to acquire a multi-faceted commercial property in a rapidly developing area of Chicago. The property's size, location, and diverse income streams make it an attractive investment for both seasoned and emerging investors.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1924
Total area 6,800 SF
Lot 0.28 ac (12,100 SF)
APN 26-05-316-001
UPID US28-1457919

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
  • 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
$225k

Owner & transaction history

since 2025
Last sale
$500,000
5 recorded transactions
2025
Price N/A
2025
$500,000
2025
Price N/A
2022
$300,000
2015
Price N/A

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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