Palos Hills, IL 60465,10926 Southwest HWY
Palos Hills, IL 60465,10926 Southwest HWY
Palos Hills, IL 60465,10926 Southwest HWY
Palos Hills, IL 60465,10926 Southwest HWY
Palos Hills, IL 60465,10926 Southwest HWY
Palos Hills, IL 60465,10926 Southwest HWY
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$1,650,200

$1,795,000

8.1%
Est.Price: ?

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Est. payment /mo

11,117 SqFt


SOLD DATE : 09/27/2022

Key Details

Sold Price $1,650,200

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 11,117 sqft

Price per Sqft $148

MLS Listing ID 10949325

Sold Date 09/27/22

Year Built 1935

Annual Tax Amount $67,153

Tax Year 2019

Lot Dimensions 143000

Property Sub-Type Retail/Stores

Property Description

Pleased to offer for sale, 10926 Southwest Highway in Palos Hills. The property is comprised of a 3.28-acre (143,000 SF) landsite and two commercial buildings totaling approximately 11,000 SF. The property was operated until September 2020 by a regional automotive group as a "Class A" pre-owned vehicle dealership and service center. The property features a showroom/call center (6,058 SF), service/detailing center (5,059 SF), and secure outside storage for vehicles. In 2015, ownership extensively developed the site in conjunction with the intended use as a pre-owned vehicle dealership and service center. Approximately $1.7 Million in capital improvements was performed to both building and the land. Improved with LED lighting, a CCD camera system, and wired with commercial grade communications and IT, the property is truly "turn-key" for a multitude of uses, including but not limited to automotive, contractor supply, office, retail, or flex industrial. The offering is priced at $1,795,000 which is significantly below current replacement cost.

Location

State IL

County Cook

Area Palos Hills

Interior

Cooling Central Air

Fireplace N

Building

Level or Stories 1

Structure Type Brick, Steel Siding

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Midwest Real Estate Data (MRED) IDX
Listed by George Toscas • ACO Commercial
Bought with William Loy • McColly Real Estate
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