239 162Nd StSouth Holland, IL 60473

Property Details for 239 162Nd St

Year built

1989

Lot size

0.46 AC

Property size (Sq ft)

6,500 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 6,500-square-foot, single-story auto shop building situated on a 0.46-acre lot in South Holland, Illinois. The property, located at 239 W 162nd St (Route 6), benefits from high visibility on a busy commercial thoroughfare with approximately 23,500 vehicles passing daily. Built in 1989 and renovated in 2014, the building features eight bays and an office/waiting area, perfectly suited for an auto repair business. Recent upgrades include a new 60-mil TPO roof (2024, 20-year warranty) and new furnaces (2024, 10-year warranty). The property is zoned for General Business - Commercial use and offers convenient access to Interstate 94 (approximately 2 miles west). The asking price is $600,000, translating to $92.31 per square foot. The land value alone is estimated at $100 per square foot. The property is a Class C building with a gross lease in place, expiring October 31, 2024. This owner/user investment presents a rare opportunity to acquire a well-maintained, strategically located auto shop in a thriving commercial area. The property's features, recent upgrades, and prime location make it an attractive proposition for both owner-operators and investors seeking a strong return on investment. The Cook County Assessor's Parcel Number (APN) is 29-21-200-076-0000.

Location Insight

City

South Holland

County

Cook

State

Illinois

Latitude

41.6009

Longitude

-87.6237

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