$399,808

14150 S Indiana Avenue, Riverdale, IL 60827

  • 4,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $89/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Listing Office:
Baird & Warner : 319-241-5175
Listing Agent:
Josie Ashmore : 319-241-5175
MLS ID:
12444458
  • A/C: Window Unit(s)
  • Road/Access: PavedCity StreetAlley Access
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR29042350410000
  • Current Use: CommercialAutomotive
  • Utilities: Circuit Breakers
  • Source: mred

This listing courtesy of Josie Ashmore, Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Park Elementary School

14200 S Wentworth Ave, Riverdale, IL, 60827

Grades KG-6

0.50 miles away

L

Lincoln Junior High School

14151 Lincoln Ave, Dolton, IL, 60419

Grades 7-8

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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