Property Listing No Longer Available for Sale

10825 S Central Avenue, Oak Lawn, IL

Others for Sale - $2,400,000 - 2.62 acres


Property Info

CIMLS#1091643
Location
  10825 S Central Avenue
  Oak Lawn IL 60453
UpdatedJuly 30th, 2021
TypeOthers
Price$2,400,000
Land2.62 acres

Property Description

Longtime owners liquidating after operating a very successful used auto dealership. Ideal opportunity to move into a modern and updated facility having undergone a complete renovation in 2006. High-end materials used. Building offers 11,000 +/- SF. Attractive showroom with custom Fiandre marble tile flooring, reception areas, private offices, floor-to-ceiling windows, remodeled restrooms, employee break/lunch room, and a customer refreshment center. In addition, there is a complete garage and service/body shop area behind the showroom - concrete floors, masonry walls, a corrugated roof deck supported by steel web bar joists, and three high-end aluminum and glass drive-in doors. Beyond the attached service areas are six attached garages with individual overhead doors for car storage, additional body and service work, or additional dealership storage. The showroom/office areas are centrally heated with gas forced air heat and electric air conditioning. The garage/service area is heated with suspended ceiling heaters. Incoming electric is 3-phase, 4-wire, all in rigid conduit. Lighting fixtures are recessed fluorescent, spot lighting, and strip-LED lights in the service areas. The building is protected by a wet-loaded automatic sprinkler system. The entire interior is in excellent condition. The site is a mostly level and at grade triangular-shaped parcel with a total area of 2.62+/- acres (114,054 sq ft+/-). A survey is available for review. All utilities are connected to the site. Ceiling clearance in the showroom is about 9 feet, and from 16-20 feet in the garage/service areas. The asphalt-paved parking lot is lighted and can accommodate in excess of 300 vehicles. The entire site is enclosed with chain-link fencing. The current zoning is M1 - Restricted Manufacturing District within the jurisdiction of Oak Lawn. Current owner represents that zoning allows "used vehicle" dealership. Ideal opportunity for a luxury vehicle dealership - site can be expanded to fit individual needs. Superb location near central business districts, interstate transportation, Midway Airport, and all amenities. Owner may consider a lease/option to a most qualified and financially secure entity - terms and conditions can be discussed. Truly a unique and extremely well-maintained property in the heart of Chicago's southwest suburbs.


Financials


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