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3263 W Fullerton Ave 7,249 SF Vacant Industrial Building Chicago, IL 60647 $1,489,000 ($205.41/SF)
INVESTMENT HIGHLIGHTS
- Heavy Traffic location close to major highways
- Open Plan with exposed brick walls
EXECUTIVE SUMMARY
Established insurance partnerships -- partnered with all major insurance providers ensuring reliable recurring income. Whether you're an experienced investor or looking to enter a thriving industry, this opportunity offers the perfect blend of stability and growth potential.
Owner will consider to sell the business with Property or just a business.
Listed Price is business with property. Just business sale price can be discussed.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,200,000
|
$165.54
|
| Taxes |
$26,734
|
$3.69
|
| Operating Expenses |
$250,000
|
$34.49
|
| Total Expenses |
$276,734
|
$38.18
|
| Net Operating Income |
$923,266
|
$127.36
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,200,000 |
| Annual Per SF | $165.54 |
| Taxes | |
|---|---|
| Annual | $26,734 |
| Annual Per SF | $3.69 |
| Operating Expenses | |
|---|---|
| Annual | $250,000 |
| Annual Per SF | $34.49 |
| Total Expenses | |
|---|---|
| Annual | $276,734 |
| Annual Per SF | $38.18 |
| Net Operating Income | |
|---|---|
| Annual | $923,266 |
| Annual Per SF | $127.36 |
PROPERTY FACTS
AMENITIES
- Floor Drains
- Signage
- Storage Space
UTILITIES
- Heating - Gas
ABOUT 3263 W FULLERTON AVE , CHICAGO, IL 60647
Turnkey automotive collision and repair shop in a high-traffic and well- established location. This fully operational business is serving the community for four decades with a loyal customer base and strong reputation. The sale includes all major equipment, paint booth, lifts and tools necessary for continued operation. Facility features multiple service bays, a spacious office/reception area, and ample paid parking. Business is fully licensed and staffed. Offering services such as body work, frame repair, painting, mechanical repair and insurance claim work. The business is a trusted partner for all major insurance companies, ensuring steady referral flow and consistent revenue Business is ideal for an owner-operator or an expansion of an existing auto-service brand. Financials available upon request with signed NDA. Please do not disturb employees or approach during business hours. Contact listing agent for details.
PROPERTY TAXES
| Parcel Number | 13-35-207-003-0000 | Total Assessment | $185,750 |
| Land Assessment | $63,429 | Annual Taxes | $26,734 ($3.69/SF) |
| Improvements Assessment | $122,321 | Tax Year | 2024 |
PROPERTY TAXES
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3263 W Fullerton Ave
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