5000 W Cermak Rd - Auto Repair FOR SALE


Cicero, IL 60804
$2,500,000 USD
773-294-7534
5000 W Cermak Rd, Cicero, IL for Sale
$2,500,000 USD
Auto Repair - FOR SALE
1/60
null | Request Cap Rate

5000 W Cermak Rd
Cicero, IL 60804


HIGHLIGHTS

  • ESTABLISHED PROPERTY AND BUSINESS SOLD TOGETHER
  • ALMOST 50 YEARS IN BUSINESS
  • PRIME CORNER ON THE CERMAK COMMERCIAL CORRIDER
  • PERFECT FOR AN OWNER USER
  • VALUE ADD TIRE AND ALIGNMENTS FOR ADDITIONAL BUSINESS

OVERVIEW

MAJOR AUTO REPAIR PROPERTY & BUSINESS FOR SALE PRIME COMMERCIAL CORNER LOCATION 5000 West Cermak Road, Cicero, Illinois 60804 Just two blocks west of Cicero, northwest corner at 50th ALMOST HALF A CENTURY IN BUSINESS! PERFECT FOR OWNER-USER Terrific auto repair opportunity 100 frontage x 120 deep lot / 9,656 BSF / BUILT 1993 29,000 CARS PER DAY / prime commercial corridor R-4 ZONING commercial/residential 14 parking spaces/ electronic free standing pylon sign MAIN FLOOR GARAGE about 7800 SF / about 97x82 / 18' ceiling 3 main overhead door entrances (3.11 doors or 10x10's) Front ENTRANCE and EXIT, side entrance 9 lifts/ oil change station / parts elevator to lower level 400-amp service / 2 gas heaters / 1 oil heater 6 industrial ceiling fans / 10 skylights / parts room under stairs 3 bathroom / 1 public / 2 private Main floor reception lobby with waiting room and manager office/HVAC SECOND FLOOR OFFICE LEVEL about 1800SF / about 26x70 / includes employee locker / lunchroom / main office / private office with adjoining room spiral staircase access to reception downstairs / spiral staircase roof access LOWER LEVEL STORAGE, ETC about 4400 SF / about 70x45 / includes small elevator for heavy items / about 4460SF 6 oil storage tanks / parts elevator to upper level / main storage area three more storage rooms / two compressors 10 EMPLOYEES 6 mechanics 1 general manager 2 service writers 1 secretary TRANS-O-MEX has been an established auto repair business for 45 years ABOUT A 1.7 million year gross COMPLETE FINANCIALS AVAILABLE UPON REQUEST COMPLETE BUSINESS INCLUDED WITH SALE Name, corporation, employees, book of business INCLUDED Mitchell accounting system About 3800 customers a year / about 50 cars repaired per week on site Primary business is transmission repair, about 50%, other half is general auto repairs VALUE ADD FOR BUSINESS COULD BE ALIGNMENTS AND TIRE SALES Owner is willing to remain during transition period as the "face" of the business Radio advertising 5x a week during a 3-hour show MUSICA Y MAS / 3x an hour---plus live automotive tips PINS AND TAXES 16-21-432-038-0000 31,533.67 16-21-432-039-0000 31,533.67 63,067.34 total 2023 taxes EXCELLENT LOCATION FOR BUSINESS Easy access to 290, 55, and Ogden Ave, Roosevelt Road

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Trans-O-Mex Auto Repair

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

Commercial R-4

APN/PARCEL ID

16-21-432-038-0000,16-21-432-039-0000

ASK ABOUT THIS PROPERTY

Alberto GonzalezExit Strategy RealtyMore Info
773-294-7534

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Alberto GonzalezExit Strategy RealtyMore Info
773-294-7534

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