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$1,236,000
Est. payment /mo
1,410 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 1,410 sqft
Price per Sqft $876
MLS Listing ID 12547133
Year Built 1960
Annual Tax Amount $26,950
Tax Year 2023
Lot Dimensions 458 x 44 x 426 x 118
Property Sub-Type Retail/Stores
Property Description
Outstanding commercial opportunity in a premier, high-traffic Morton Grove location. This 14,560 sq ft land site offers exceptional dual-street frontage, providing maximum visibility, strong traffic counts, and excellent brand exposure. Located in a well-established commercial corridor with ample on-site parking, the property is ideally positioned for a wide range of uses. Zoned C-2, the site allows for significant flexibility and multiple redevelopment options, including: continuing the existing operation, remodeling or expanding the current structure, adding a second level, or pursuing a full tear-down for complete redevelopment (buyer to verify zoning and permitted uses). Ideal for investors, developers, or owner-users seeking long-term upside in a prime location. The existing building is currently occupied by a well-established, actively operating auto repair shop with excellent street presence, offering immediate income potential while planning future improvements or redevelopment. Business Opportunity - Established Auto Repair Shop. Rare opportunity to acquire a long-standing auto repair business serving the Morton Grove community for over 20 years. Known for reliable, high-quality service, the business enjoys a loyal and repeat customer base supported by strong word-of-mouth and a solid reputation. The shop is fully equipped to handle a wide range of automotive services, from routine maintenance to complex repairs. The operation is profitable and turnkey, with financials available for qualified buyers upon execution of an NDA. Sale includes equipment, inventory, and established operational systems, and the current owner is willing to assist with a smooth transition. A rare, high-visibility commercial asset offering flexibility, income, and significant redevelopment potential - perfect for retail, service, automotive, or mixed-use concepts.
Location
State IL
County Cook
Area Morton Grove
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Building
Dwelling Type Retail/Stores
Water Municipal Water
Structure Type Brick
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Listed by Marina Camenschi of HomeSmart Connect