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10543 S Michigan Ave, Chicago IL 10543 S Michigan Ave

15,000 SF Retail Building Chicago, IL 60628 $1,116,000 ($74/SF)

Investment Highlights

  • Great Visibility
  • Business and real estate package for sale
  • Long time established business

Executive Summary

A great opportunity to own a well-established auto repair shop with a remarkable 49-year legacy of service. This prime commercial property, along with the thriving business is now available for sale. With nearly five decades of successful operation, this auto repair shop has built a reputation for service and reliability.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Repair
Building Size
15,000 SF
Year Built
1975
Price
$1,116,000
Price Per SF
$74
Tenancy
Single
Building Height
1 Story

About 10543 S Michigan Ave , Chicago, IL 60628

Introducing a great opportunity to own a well-established auto repair shop with a remarkable 49-year legacy of service. This prime commercial property, along with the thriving business is now available for sale. With nearly five decades of successful operation, this auto repair shop has built a reputation for service and reliability. Now, it's your chance to take the reins of this established business and property, making it your own while continuing its legacy of automotive expertise. The auto repair shop is equipped with three overhead doors, providing access for servicing vehicles of various sizes. A paint booth is included, offering the perfect setup for automotive repairs and refinishing. As part of the sale, some essential equipment will remain, ensuring a smooth transition for the new owner. The property's 50 parking spaces, offer convenience for both customers and employees. This facility is located to cater to a diverse clientele and capitalize on decades of customer loyalty. Regarding financials - please documents for Non-disclosure form. Please execute and send to Lance Kammes (lance@lancekammes.com) for financial information.

  • Listing ID: 30921048

  • Date on Market: 2/9/2024

  • Last Updated:

  • Address: 10543 S Michigan Ave, Chicago, IL 60628

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