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10534 S Michigan Avenue, Chicago, IL 60628
$1,175,000
10534 S Michigan Avenue, Chicago, IL 60628View this property at 10534 S Michigan Avenue, Chicago, IL 60628
10534 S Michigan AvenueChicagoIL60628
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Property Description
Introducing a great opportunity to own a well-established auto repair shop with a remarkable 49-year legacy of service. This prime commercial property, along with the thriving business is now available for sale. With nearly five decades of successful operation, this auto repair shop has built a reputation for service and reliability. Now, it's your chance to take the reins of this established business and property, making it your own while continuing its legacy of automotive expertise. The auto repair shop is equipped with three overhead doors, providing access for servicing vehicles of various sizes. A paint booth is included, offering the perfect setup for automotive repairs and refinishing. As part of the sale, some essential equipment will remain, ensuring a smooth transition for the new owner. The property's 50 parking spaces, offer convenience for both customers and employees. This facility is located to cater to a diverse clientele and capitalize on decades of customer loyalty. Regarding financials - see broker notes...
Full Property Details
Full Property Details for 10534 S Michigan Ave
General
- Price: $1,175,000
- Taxes: $32,857 (2022)
- Status: Active
- Type: Business
- MLS ID: 11972626
- Updated: 2/23/2024
- Added to Site: 87 day(s) ago
Business
- Business Type: Auto Service
- Years in Business: 11 or More
Location
- Area: CHI - Roseland
- County: Cook
- Driving Directions: S. State St to E. 103rd t to S Michigan Ave
Heating & Cooling
- Cooling Type: Office Only, Window Unit(s)
- Heating Type: Ceiling Units, Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 15,000
Lot Features
- Lot Size (Sq. Ft.): 41,714
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 41714
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $32,857
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer
Disclosures and Reports
- Property ID: 25151190530000
Listed by RE/MAX Suburban
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Schools
Schools serving 10534 S Michigan Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
138 W 109th St, Chicago, IL 60628 | PK-8 | 0.5 mi | |
821 E 103rd St, Chicago, IL 60628 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10534 S Michigan Ave
Date
Details
Price
Change
Source
2/07/2024
Listed
$1,175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10534 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$331
2%
$1,606
—
2021
$324
-10%
$1,606
—
2020
$359
11%
$1,606
—
2019
$324
2%
$1,606
—
2018
$318
-1%
$1,606
8%
2017
$320
7%
$1,482
—
2016
$298
10%
$1,482
—
2015
$272
18%
$1,482
20%
2014
$230
2%
$1,235
—
2013
$225
1%
$1,235
—
2012
$222
—
$1,235
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10534 S Michigan Ave
10534 S Michigan Avenue, Chicago, IL 60628 (MLS# 11972626) is a Business property. 10534 S Michigan Avenue is currently listed for $1,175,000 and was received on February 07, 2024. Want to learn more about 10534 S Michigan Avenue? Do you have questions about finding other Business real estate for sale in Roseland? You can browse all Roseland real estate or contact a Coldwell Banker agent to request more information.