10855 Halsted StChicago, IL 60628

Property Details for 10855 Halsted St

Year built

1966

Lot size

0.06 AC

Property size (Sq ft)

2,100 SF

Property type

Auto shops

APN

25-16-308-013

APU

2516308013

Description

This exceptional investment opportunity presents a well-established auto repair shop located at 10855 S Halsted St, Chicago, IL 60628. The property, situated on a 0.19-acre lot, encompasses a single-story, 2,700 square foot building constructed in 1966. Classified as a Class C retail property, it offers a compelling price per square foot of $166.63. The asking price for both the business and the real estate is $449,900. The property's location in Cook County provides convenient access to a substantial customer base. The single building sits on a sizable lot, offering potential for expansion or future development. This turnkey operation presents a rare chance to acquire a profitable business and valuable real estate in a thriving Chicago neighborhood. The property's APN is 25163080110000. This is a for sale by owner listing. Serious inquiries only. The property is zoned for retail use and currently operates as a successful auto repair shop. The building's age presents an opportunity for potential renovations or upgrades to further enhance its value and operational efficiency. This is an ideal investment for those seeking a stable, income-generating asset in a high-demand market.

• CAP approach

  CAP return

  Valuation

  6%

  $992,074

  6.5%

  $915,760

  7%

  $850,349

• Comparable approach

  Method

  Valuation

  Relative Method

  $689,283

  Geo Method

  $689,283

• Alternative Use

  Use

  Valuation

  Residential

  $772,478

  Hospitality

  $707,586

  Educational

  $588,703

  Medical

  $608,950

  Retail

  $915,760

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.6963

Longitude

-87.6421

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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