14501 Cicero Avenue

    Midlothian, IL 60445
    • $900,000
    • STATUS: Active
    • ON SITE: 85 days
    • MLS #: 10603077
    $900,000
    • 0
      BEDS
    • .25-.49 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,500
      SQFT
    • $120
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Extremely well established and business with same owner for 10 years, current owner is ready to retire, however he will stay and train new owner for up to 5 months if necessarily. 90% of business is repeat clients and referral, 10% is drive by. Business accepts cash only, no credit cards or checks and does only major mechanical work due to to lack of time for smaller jobs. Please be professional and DO NOT disturb employees or customers. Sales price include business name, phone number, database, trade fixtures, equipment. 12 overhead doors, 11 bays, 13 cars will fit inside, 14 official parking spaces outside. Huge showroom if you want to add car dealership, you can add credit cards, tire changes etc, so much potential and turn key operation. Chances like this do not come often.(Some equipment that will stay: 3 benches, 2 new oil tanks with pups (1 big and 1 small cell), EMCCO break lathe with truck adapters, 1 Robinar A/C 134a machine, wall mount strut press, 1 small refrigerator, 4 parts cabinets, 1 water pressure washer, 1 wheel balance, nuts and bolts cabinets, 1 large floor cooling fan, all office furniture, 5 electric lifts, Clark Fork Lift- natural gas, 1 compressor Leroy 7HP, 2 waste oil tanks, 1 hydraulic press, 1 mechanical press, 3 oil change carts machines, 1 in-ground lift single post, 1 engine stand, 1 transmission bench, 1 grill press, 1 vise, 1 grinder, 2 heaters, 1 oxygen acetone with cart, 1 welder with cart, 1 telescopic trans-jack.) You can buy business and rent building for $8500 triple net monthly lease. Owner is willing to provide short term owner financing, ask for details.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2020-03-31T23:49:32.95 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.themattzgroup.com/homes/102065513

    14501 Cicero Avenue Midlothian, IL 60445

    • Price: $900,000
    • Status: Active
    • MLS #: 10603077
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .25-.49 Acre
    Acres
    7,500
    SQFT
    $120
    $/SQFT
    Neighborhood:
    Midlothian
    County:
    Cook
    Area:
    Midlothian
    Property Description
    Extremely well established and business with same owner for 10 years, current owner is ready to retire, however he will stay and train new owner for up to 5 months if necessarily. 90% of business is repeat clients and referral, 10% is drive by. Business accepts cash only, no credit cards or checks and does only major mechanical work due to to lack of time for smaller jobs. Please be professional and DO NOT disturb employees or customers. Sales price include business name, phone number, database, trade fixtures, equipment. 12 overhead doors, 11 bays, 13 cars will fit inside, 14 official parking spaces outside. Huge showroom if you want to add car dealership, you can add credit cards, tire changes etc, so much potential and turn key operation. Chances like this do not come often.(Some equipment that will stay: 3 benches, 2 new oil tanks with pups (1 big and 1 small cell), EMCCO break lathe with truck adapters, 1 Robinar A/C 134a machine, wall mount strut press, 1 small refrigerator, 4 parts cabinets, 1 water pressure washer, 1 wheel balance, nuts and bolts cabinets, 1 large floor cooling fan, all office furniture, 5 electric lifts, Clark Fork Lift- natural gas, 1 compressor Leroy 7HP, 2 waste oil tanks, 1 hydraulic press, 1 mechanical press, 3 oil change carts machines, 1 in-ground lift single post, 1 engine stand, 1 transmission bench, 1 grill press, 1 vise, 1 grinder, 2 heaters, 1 oxygen acetone with cart, 1 welder with cart, 1 telescopic trans-jack.) You can buy business and rent building for $8500 triple net monthly lease. Owner is willing to provide short term owner financing, ask for details.
    Exterior Features

    Approx Land Sq Footage 7500 Construction BrickConcrete Block Frontage Access City Street Location Central Business DistrictCorner Lot Dimensions 150X125 Lot Sq Ft 18750 Number Of Parking Spaces 14 Waterfront YN No

    Interior Features

    Air Conditioning Central AirOffice Only Indoor Parking 6-12 Spaces Miscellaneous Inside Public Restroom/S Number Of Stories 1 Outdoor Parking 13-18 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 212599 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 102000 Business Age 7-10 Years Business Name Gt Auto Service CenterInc. Business Type Automotive-RetailAutomotive-ServiceService/Misc. Corporate Limits Midlothian Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2019 Current Use Commercial Electrical Service 101-200 Amps201-600 Amps3 Phase Estimated Cam SF 0 Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 369515 Gross Profit Expense Source Owner Projection Gross Profit Year 2019 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2019 Gross Sales Annual 369515 Heat Ventilation Forced AirGas Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances None Known Lease Type Gross Living Quarters None Monthly Rental Price 8500 Net Operating Income Year 2019 Net Profit 200000 Net Profit Source Owner Projection Number Of Emp Full Time 3 Possession Negotiable Potential Use Commercial Property Offered For Sale Or Rent Real Estate Included YN Yes Rental Price 15.69 Sale Terms ConventionalAssumption-ConvLease/PurchaseOwner May Help/AssistCash Only Seating Capacity 21-30 Tax Year 2017 Taxes 20827 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/Sewer Total Op Exp Year 2019 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease Net Lease Type Ownership Business Corporation Unincorporated YN No Utilities To Site Gas To SiteSanitary Sewer To Site Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Exit Realty Redefined.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2020-03-31T23:49:32.95 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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