7455 Harlem AveBridgeview, IL 60455

For Sale
$1,600,000

Profitable Auto Repair Business in IL

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a well-established, two-story auto repair shop in Bridgeview, Illinois. Located at 7455 S Harlem Ave, this 5,000 square foot Class B property boasts a strong NOI of $144,895, yielding a 9.06% cap rate at an asking price of $1,600,000 ($320/sq ft). Built in 1988, the single-tenant building sits on a C-3 zoned lot (APN: 19-30-114-032-0000) and benefits from a high volume of traffic due to its location near residential, commercial properties, dealerships, and gas stations. The business enjoys a loyal customer base, with 90% of its work stemming from insurance companies, ensuring a consistent revenue stream. The current owner is offering training to facilitate a smooth transition for the new owner. This turnkey operation presents significant growth potential, with opportunities to expand services to include detailing, fleet maintenance, or other related offerings. An adjacent flat is also available for purchase

Highlights

  • Well-established, 5,000 sq ft Class B auto repair shop in Bridgeview, IL.
  • Strong NOI of $144,895, 9.06% cap rate, $1,600,000 asking price ($320/sq ft).
  • Located at 7455 S Harlem Ave on a C-3 zoned lot (APN: 19-30-114-032-0000) with high traffic volume.
  • Single-tenant building, built in 1988, with a loyal customer base (90% insurance company work).
  • Turnkey operation with owner-provided training and expansion potential.

Property Details for 7455 Harlem Ave

Property type
Other retail properties, Automotive properties
Square Feet
5,000 SF
Class
B
Year Built
1988
Buildings
1
Stories
2

Location Insight

City
Bridgeview
County
Cook
State
Illinois
Latitude
41.7556818
Longitude
-87.7997259
7455 Harlem Ave, Bridgeview, Illinois

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7455 Harlem Ave
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