Date
Details
Price
Change
Source
2/13/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$250,000
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Property Description
Auto Repair and Body Shop for sale. Established and operating business in great location. This combo is a high-demand asset; it offers multiple revenue streams-mechanical repair and collision work. Located on 12,800 sq ft of space. Space includes office area. Single Story building with +/- 2,500 sq of parking. Great location- Motor Row District. Great exposure to feeder ramp between LSD and Dan Ryan. Price includes business only. Also available for sale with Real Estate $2,500,000
Full Property Details
Full Property Details for 2421 S Wabash Ave
General
- Price: $250,000
- Taxes: $17,237 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12568427
- Updated: 2/19/2026
- Added to Site: 51 day(s) ago
Business
- Name: New King Auto Repair
- Business Type: Auto Service
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: South on Wabash to 2421 near 24th and Michigan South Loop
- Location Details: Central Business District, Industrial Park, Mixed-Use Area, Public Transport Avail, Freestanding/Urban, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Office Only
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 12,800
- Current Bldg. Use: Commercial
Lot Features
- Lot Dimensions: 80 x 191
- Frontage: City Street
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Lease Price: $19
- For Sale/Rent/Lease: For Sale or Rent
- Tax Amount: $17,237
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Insurance, Repairs, Scavenger, Varies by Tenant, All Utilities
Disclosures and Reports
- Property ID: 17271160100000
Listed by Infiniti Properties, Inc.
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Listing agent
— 2421 S Wabash Ave —
Infiniti Properties, Inc.
NMLS#: 1598647
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Schools
Schools serving 2421 S Wabash Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
National Teachers Elementary Academy 55 West Cermak Road, Chicago, IL 60616 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2421 S Wabash Ave
Tax History
Tax History for 2421 S Wabash Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,868
3%
$65,515
—
2022
$13,517
2%
$65,515
—
2021
$13,214
12%
$65,515
23%
2020
$11,827
11%
$53,090
—
2019
$10,666
2%
$53,090
—
2018
$10,487
6%
$53,090
16%
2017
$9,851
7%
$45,763
—
2016
$9,166
9%
$45,763
—
2015
$8,386
-38%
$45,763
-37%
2014
$13,560
70%
$73,084
67%
2013
$7,980
-6%
$43,879
-7%
2012
$8,508
—
$47,414
—
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 2421 S Wabash Ave
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- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 2Total Baths
- 1,066Sq. Ft.
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- Single Family
- Active
- Updated 15 hours ago
- 3Beds
- 1Total Bath
- 958Sq. Ft.
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2421 S Wabash Avenue, Chicago, IL 60616 (MLS# 12568427) is a Business property. 2421 S Wabash Avenue is currently listed for $250,000 and was received on February 13, 2026. Want to learn more about 2421 S Wabash Avenue? Do you have questions about finding other Business real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.