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635 Burnham Ave 1,650 SF Retail Building Calumet City, IL 60409 $224,900 ($136.30/SF) 6.70% Cap Rate
Executive Summary
Rare opportunity to own a fully operational 1,650 sq ft auto service and tire business in a prime Calumet City location. This property features a 2-car bay garage, well-maintained facilities, and is being sold with all equipment and current inventory included, allowing you to step right in and start generating income from day one. This established business of over 20 years offers a strong return, making it an attractive investment for both owner-operators and investors alike. The sales price includes the real estate, business, equipment, and inventory-a complete turnkey package. Don't miss out on this chance to own a profitable business with consistent revenue, loyal customers, and excellent growth potential.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,650 SF
Building Class
C
Year Built
1950
Price
$224,900
Price Per SF
$136.30
Cap Rate
6.70%
NOI
$15,068
Business Value
$50,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
20 Spaces (12.12 Spaces per 1,000 SF Leased)
Frontage
55’ on Burnham Avenue
Amenities
- Corner Lot
- Fenced Lot
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $20,999 | |
| Land Assessment | $3,474 | Total Assessment | $24,473 |
Property Taxes
Parcel Numbers
Land Assessment
$3,474
Improvements Assessment
$20,999
Total Assessment
$24,473
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635 Burnham Ave
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