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11625 S Ridgeland Ave
Alsip, IL 60803
Auto Body & Paint Shop · Retail Property For Sale

Investment Highlights

  • Established 8+Years
  • Heated paint booth with down draft system
  • Includes Property
  • Property has two Cell towers - The previous owner is collecting the lease payments for another 3 years , then it can be renewed with the new Owner

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,750 SF
Building Class
C
Year Built/Renovated
1963/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.69 AC
Parking
12 Spaces (1.78 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Signage

About 11625 S RIDGELAND AVE , ALSIP, IL 60803

Well-Established Independent Auto Body & Paint Shop Alsip, IL - With Property! A successful collision repair and auto refinishing business. Uses the newest repair technology and OEM certified repair techniques along with the PPG Deltron OEM refinishing system. Offers state-of-the-art repairs and vehicle refinishing at competitive rates for any make and model. Also, paint-less dent repair, automotive glass replacement, motorcycle repair and towing. Prides itself on its thorough damage assessment and seamless process, plus insurance company assistance. Features 2 frame machines, 10 x 20 ft heated spray booth w/down draft, 3 compressors, paint mixing room and much more. Also, a common area, lunchroom and 700 sqft of office space, plus garage for extra storage and a fenced in yard. In addition to 12 customer parking spaces out front. Well established over 8 years! Owner operated. Property also has 2 cell towers. The previous owner is collecting the lease payments for another 3 years, then it can be renewed and collected by the new owner! Location: Prime retail space in a freestanding building with great signage, visibility and access on Ridgeland Ave near 115th St. Perfectly situated next to the 294 Tri-State Tollway. Also, across an Industrial Park with many businesses. As well as surrounded by a vast commercial and residential area. Year Established: 2012 Property Information: One-story brick freestanding building built in 1963 and renovated in 2015. On 30,680 sqft of land (approx. .69 acres). 2018 real estate taxes $32,062. Square Feet: 6,750 Days/Hrs of Operation: Mo-Fr 8a-6p & Sa 9a-12p (Saturdays For Estimates Only / Closed Sundays) Owners Role: Owner operated. # Of Employees: 13 Training: One-week on-site training. Gross Sales (2020): (Contact For) Net Operating Income: (Contact For) Value of FF&E: Included In Asking Price Value of Inventory: Not Included In Asking Price Seller Financing Available: No Reasons for Selling: Family matters. Competition/Market: Very professional. Courteous and friendly. Very helpful. Text message updates on the progress of one’s vehicle. Known for their quality repairs, excellent work and timely service. Growth & Expansion: Company fleet contracts and insurance contracts. In the busy commercial area of Alsip along with many other well-established businesses. Highly rated and recommended, great reputation to continue to build upon! Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only. Listed by Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC

Property Taxes

Property Taxes

Parcel Number
24-20-300-012-0000
Land Assessment
$76,000
Improvements Assessment
$59,142
Total Assessment
$135,142
  • Listing ID: 23329843

  • Date on Market: 6/8/2021

  • Last Updated:

  • Address: 11625 S Ridgeland Ave, Alsip, IL 60803

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