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127 W 162nd St
South Holland, IL 60473
Retail Property For Sale


Investment Highlights
- Freestanding commercial property on approximately 0.86 acres.
- Includes retail building, repair facility, and paved parking area.
- Surrounded by established retail, restaurant, and service businesses.
- Located along 162nd Street near the State Street intersection.
- Four drive-in service bays support automotive operations.
- Municipal utilities and on-site parking are available.
Executive Summary
127 W 162nd Street presents an opportunity to acquire a freestanding automotive property positioned along a well-traveled commercial corridor in South Holland, Illinois. The property consists of a retail building, an automotive repair facility, and a large paved lot situated on approximately 0.86 acres. Its location along 162nd Street, near the intersection of 162nd Street and State Street, places the asset within an established business district surrounded by restaurants, retail stores, financial institutions, and automotive-related operators.
The existing improvements include a masonry building with four drive-in service bays, central air conditioning, forced-air gas heat, monitored alarm systems, municipal water and sewer service, and on-site parking. The site's configuration supports continued automotive use while also offering potential for alternative commercial concepts subject to local approvals and zoning requirements.
South Holland benefits from its position within the south suburban Chicago market, providing access to regional transportation networks and a large surrounding population base. The property's frontage along a city street enhances visibility and accessibility for customers, employees, and vendors. Existing commercial activity in the immediate area contributes to established traffic patterns and ongoing consumer presence.
Whether acquired for owner-user occupancy, continued automotive operations, or future redevelopment consideration, the property offers a combination of existing improvements, parking capacity, and corridor exposure within a mature commercial environment.
The existing improvements include a masonry building with four drive-in service bays, central air conditioning, forced-air gas heat, monitored alarm systems, municipal water and sewer service, and on-site parking. The site's configuration supports continued automotive use while also offering potential for alternative commercial concepts subject to local approvals and zoning requirements.
South Holland benefits from its position within the south suburban Chicago market, providing access to regional transportation networks and a large surrounding population base. The property's frontage along a city street enhances visibility and accessibility for customers, employees, and vendors. Existing commercial activity in the immediate area contributes to established traffic patterns and ongoing consumer presence.
Whether acquired for owner-user occupancy, continued automotive operations, or future redevelopment consideration, the property offers a combination of existing improvements, parking capacity, and corridor exposure within a mature commercial environment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
2000/2018
Price
$975,000
Price Per SF
$406.25
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.89 AC
Opportunity Zone
Yes
Zoning
Commercial- General Busin - Commercial
Amenities
- Bus Line
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 29-21-200-078-0000 | Improvements Assessment | $11,000 |
| Land Assessment | $11,601 | Total Assessment | $22,601 |
Property Taxes
Parcel Number
29-21-200-078-0000
Land Assessment
$11,601
Improvements Assessment
$11,000
Total Assessment
$22,601
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