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$ 435,000
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14150 S Indiana AVE Riverdale, IL 60827
4,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $96
MLS Listing ID 12444458
Year Built 1961
Annual Tax Amount $17,331
Tax Year 2023
Lot Dimensions 4796
Property Sub-Type Retail/Stores
Property Description
Turnkey Auto Repair & Flex Facility in Riverdale! Exceptional opportunity to acquire approximately 4,500 SF across two freestanding buildings on a highly visible corner lot at 14150 S Indiana Ave in Riverdale. This well-maintained property is fully equipped and ready for immediate occupancy, offering: 4 overhead doors; 3 vehicle lifts; ample exterior parking for customers and fleet vehicles; existing utilities and infrastructure in place; corner lot with excellent ingress/egress and exposure. Additional Income Potential: A current U-Haul rental contract may be available for transfer to the right buyer, providing an additional income stream and customer draw. Prime Location: Just minutes from both I-57 and I-94, the site boasts daily traffic counts of over 12,000 vehicles. The property is surrounded by residential neighborhoods and commercial corridors, creating a built-in customer base. Ongoing redevelopment in Riverdale, including the planned CTA Red Line extension, positions this area for long-term growth and increased demand. Flexible Use Options: While ideal for automotive repair and service-based businesses, the property's layout and zoning also support retail-flex use, making it attractive for investors or owner-users seeking versatility. Financial Highlights: Projected rent: $18.50/SF NNN; Estimated annual income: $33,300; Cap rate: ~7.66 percentavos. With strong visibility, strategic location, and multiple revenue streams, this is a rare chance to secure a turnkey facility in a growing submarket. Perfect for an owner-operator, service-based entrepreneur, or investor seeking stable returns.
Location
State IL
County Cook
Area Riverdale
Zoning COMMR
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Josie Ashmore • Baird & Warner