1200 Higgins RdHoffman Estates, IL 60169

  • Auto shops
  • 3,348 SF
For Sale
$500,000 View listing

Property Details for 1200 Higgins Rd

Year built
1975
Lot size
0.45 AC
Property size (Sq ft)
3,348 SF
Property type
Auto shops
APN
07-08-409-020
APU
708409020

Description

This exceptional 3,855 square foot mixed-use building is ideally situated on a 0.45-acre lot at 1200 W Higgins Rd in Hoffman Estates, Illinois (zip code 60169). Currently configured as a free-standing automotive repair and sales facility, this Class C property boasts a highly visible location on Higgins Road, offering significant exposure to potential customers. The building features five overhead doors and three vehicle lifts, making it perfectly suited for automotive operations. A substantial 1300 square foot office area includes a showroom, two private offices, and separate bathrooms for the showroom and workshop. The property is zoned B-2, providing flexibility for a variety of uses. The asking price is $500,000, translating to $129.70 per square foot. This represents a compelling opportunity for investors seeking a well-established business in a prime location. The large 19,700 square foot lot offers ample space for expansion or future development. This turnkey operation is ready for immediate occupancy and presents a rare chance to acquire a profitable, established business in a thriving Cook County market. The property's strategic location and versatile zoning make it an attractive investment with strong potential for future growth and return.

Location Insight

City
Hoffman Estates
County
Cook
State
Illinois
Latitude
42.0526
Longitude
-88.1095
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$29,767
$69,261
$30,969
$100,230
-
$277,044
$123,876
$400,920

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