$275,000
$325,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
7,360 SqFt
SOLD DATE : 05/22/2024
Key Details
Sold Price $275,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,360 sqft
Price per Sqft $37
MLS Listing ID QC4246969
Sold Date 05/22/24
Originating Board rmlsa
Year Built 1950
Annual Tax Amount $1,911
Tax Year 2022
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions 150x342
Property Description
73 YEAR OLD ESTABLISHED - TURNKEY FULLY EQUIPPED BUSINESS. Seller retired & providing opportunity for new buyer to purchase - on major US Hwy 150 w/3522 daily Ave Traffic count. It would be difficult to find such a clean shop anywhere. IMMACULATE. Used for tires/batteries/body & fender, painting, Truck Testing, Frame & axle service, wheel balancing. 1st bldg. blt 1950; 2nd bldg. blt. 1957 plus the paint room. Alignment shop added in the '60s according Bear Alignment specs. Total of 9 bays; paint room updated ($25,000) with explosion-proof lighting/exhaust filters; Amana furnace 5-6 ys. old w/double air filters; John Bean computerized tire alignment will stay along with 12,000 lb car lift; H.E. furnace in alignment room approx. 8 ys.. Main roof 5 ys.; flat rubber membrane 6-7 ys.; Flat portion of roof does leak if the rain strikes it just right. Seller said grosses approx. $600K annually. Will offer CONTRACT TERMS of $100K min. down; 10% int; 10 yr. Bal. $5000 EM required.
Location
State IL
County Henry
Area Qcara Area
Zoning Commercial
Direction Junction of Hwy 17 & US 150, N side of Alpha
Interior
Heating Forced Air, Gas
Cooling None
Flooring Concrete
Fireplace N
Exterior
View true
Roof Type Composition Shingle,Membrane
Garage 1
Building
Faces Junction of Hwy 17 & US 150, N side of Alpha
Sewer Septic Tank
Water Municipal/City
Structure Type Block
Others
Tax ID 21-15-301-001
Security Features No
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