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2427 W 47th Street Chicago, IL 60632 • Commercial - Investment • Active

  • 2427 W 47th Street, Chicago, IL 60632 Main Photo

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Description

RARE BUSINESS OPPORTUNITY | ESTABLISHED AUTOMOTIVE SHOP WITH REAL ESTATE INCLUDED Discover an exceptional opportunity to own a well-established tire and automotive service business with real estate included at 2427 W 47th St, Chicago, IL! With over 30 years of successful operation, this long-standing neighborhood business has built a loyal customer base and a trusted reputation within the local community, offering a strong foundation for its next owner. The property features approximately 6,200 square feet of space with two service bays, providing a functional setup for tire installation, automotive repairs, vehicle servicing, equipment storage, and other automotive-related operations. Situated along a highly visible commercial corridor with consistent daily traffic, the property offers excellent exposure and an opportunity to continue serving the surrounding community while exploring future business growth. Whether you're an owner-operator looking to take the next step into business ownership, an established automotive professional seeking to expand, or an investor searching for a commercial property with an operating business, this offering presents an exciting opportunity with multiple possibilities. Best of all, both the established business and the underlying real estate are included! Enjoy the advantage of owning the property where you operate, eliminating the uncertainty of leasing while building long-term value through business ownership and real estate investment. Take advantage of this rare opportunity to own an established automotive business, secure your own commercial space, and build on more than three decades of community presence in Chicago.

Property Highlights

Property Type: Commercial - Investment
Building Description: 2.0 stories

General Information

County: Cook
Listed By:
Realty of America, LLC 708-788-1900
MRED MLS
$699,000
Est. $4,851/mo
Active
MLS#12790280
STATUSActive PROPERTY TYPECommercial - Investment

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2427 W 47th Street, Chicago, IL 60632.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $699,000$699,000$699,000
Down Payment $139,800$24,465$174,750
Monthly Mortgage Amount $3,674$4,452$4,495
Taxes $973$973$973
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $4,851$5,937$5,672

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