For Sale
$875,000

12101 Western Ave Blue Island, IL 60406

Established Auto Shop, High NOI, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a thriving, owner-user auto shop and accessory store located at 12101 Western Avenue in Blue Island, Illinois. The property, situated on a 0.36-acre lot, boasts a 3,500 square foot building constructed in 1946. Currently operating at 100% occupancy since March 1, 2024, this single-story structure is zoned C2 and offers significant potential for continued growth. The business generates impressive annual sales averaging $950,000 and a substantial net operating income (NOI) of $250,000, resulting in a compelling 28.57% capitalization rate. The asking price for both the business and the property is $875,000, plus inventory. The property's prime location on busy Western Avenue ensures high visibility and substantial daytime traffic. Real estate taxes for 2022 (due in 2023) totaled $33,048. The business is also available for sale separately for $250,000, plus inventory. This turnkey operation presents a rare opportunity for an established business with strong financials and a desirable location. The Cook County APN is 25-30-122-028-0000.

Property Details for 12101 Western Ave

Property type
Retail properties, Auto shops
Year Built
1946
Buildings
1
Stories
1
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Blue Island
County
Cook
State
Illinois
Latitude
41.6733431
Longitude
-87.6802789

FAQs

What type of property is this?
Retail property - Established Auto Shop, High NOI, Great Location
Where is the retail property located?
The property is located at 12101 Western Ave Blue Island, IL.
What is the asking price?
The asking price for this property is $875,000.
How can I contact the broker?
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12101 Western Ave
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