For Sale
$1,116,000

10534 Michigan Ave Chicago, IL 60628

Established Auto Repair Shop, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional opportunity presents a well-established auto repair shop in Chicago, IL, boasting a 49-year history of success. The 15,000 square foot building sits on a 41,714 square foot lot and includes three overhead doors, a paint booth, and ample parking for 50 vehicles. Some essential equipment is included in the sale, ensuring a smooth transition for the new owner. The property's prime location in Cook County, at 10534 S Michigan Ave, zip code 60628, ensures access to a diverse clientele and benefits from decades of established customer loyalty. The asking price is $1,116,000, translating to $783.33 per square foot. This single-story building offers significant potential for continued growth and profitability. Financial details are available upon request. This is a turnkey operation ready for a new owner to continue its legacy of automotive expertise. The property is zoned for retail use and is a single building on a large lot. The business has a proven track record and is well-positioned for continued success.

Highlights

  • Established auto repair shop in Chicago, IL with a 49-year history.
  • 15,000 SF building on a 41,714 SF lot, including three overhead doors and a paint booth.
  • Ample parking for 50 vehicles and some equipment included.
  • Prime Cook County location at 10534 S Michigan Ave, Chicago, IL 60628.
  • Asking price: $1,116,000 ($783.33/SF).
  • Zoned for retail use.

Property Details for 10534 Michigan Ave

Property type
Retail properties, Auto shops
Square Feet
15,000 SF
Buildings
1
Stories
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.701964529061
Longitude
-87.621559278436
10534 Michigan Ave, Chicago, Illinois

FAQs

What type of property is this?
Retail property - Established Auto Repair Shop, High Traffic Area
Where is the retail property located?
The property is located at 10534 Michigan Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,116,000.
What are key features of this property?
This property features: Established auto repair shop in Chicago, IL with a 49-year history.; 15,000 SF building on a 41,714 SF lot, including three overhead doors and a paint booth.; Ample parking for 50 vehicles and some equipment included.
How can I contact the broker?
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10534 Michigan Ave
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