127 W 162nd St - Auto Dealership FOR SALE


South Holland, IL 60473
$975,000 USD
708-692-7283
127 W 162nd St, South Holland, IL for Sale
$975,000 USD
Auto Dealership - FOR SALE
1/5
null | Request Cap Rate

127 W 162nd St
South Holland, IL 60473


HIGHLIGHTS

  • Freestanding commercial property on approximately 0.86 acres.
  • Located along 162nd Street near the State Street intersection.
  • Includes retail building, repair facility, and paved parking area.
  • Four drive-in service bays support automotive operations.
  • Surrounded by established retail, restaurant, and service businesses.
  • Municipal utilities and on-site parking are available.

OVERVIEW

127 W 162nd Street presents an opportunity to acquire a freestanding automotive property positioned along a well-traveled commercial corridor in South Holland, Illinois. The property consists of a retail building, an automotive repair facility, and a large paved lot situated on approximately 0.86 acres. Its location along 162nd Street, near the intersection of 162nd Street and State Street, places the asset within an established business district surrounded by restaurants, retail stores, financial institutions, and automotive-related operators. The existing improvements include a masonry building with four drive-in service bays, central air conditioning, forced-air gas heat, monitored alarm systems, municipal water and sewer service, and on-site parking. The site's configuration supports continued automotive use while also offering potential for alternative commercial concepts subject to local approvals and zoning requirements. South Holland benefits from its position within the south suburban Chicago market, providing access to regional transportation networks and a large surrounding population base. The property's frontage along a city street enhances visibility and accessibility for customers, employees, and vendors. Existing commercial activity in the immediate area contributes to established traffic patterns and ongoing consumer presence. Whether acquired for owner-user occupancy, continued automotive operations, or future redevelopment consideration, the property offers a combination of existing improvements, parking capacity, and corridor exposure within a mature commercial environment.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$406 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

Commercial- General Busin

APN/PARCEL ID

29-21-200-078-0000

ASK ABOUT THIS PROPERTY

Otis LazichCapital Investment Realty GroupMore Info
708-692-7283

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Otis LazichCapital Investment Realty GroupMore Info
708-692-7283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.