Listing provided courtesy of Kale RealtyMREDas Distributed by MLSGrid- MLS# 12495497
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Request Info2908 W Cermak RoadChicago, IL 60623
Commercial · 6,600 Sq. ft.$699,900
Active
2908 W Cermak Road Overview
- Time on Site:
- 253 days
- Visits:
- 5
Exceptional opportunity to own a well-established and fully equipped auto repair business in the high-traffic Little Village area of Chicago. This shop has been successfully operated by the same owner for over 25 years and includes both the real estate and business, along with all inventory and equipment. The property features seven spacious service bays-each equipped with lifts-an alignment machine, and a tire repair station suitable for both cars and large trucks. Additional highlights include front and rear overhead doors for easy access, an air-conditioned customer lobby, and two private offices for administrative or staff use. Strategically located just steps from a major intersection, the property offers outstanding visibility and consistent drive-by exposure. This location has functioned as an auto repair shop for decades, providing strong community goodwill and repeat clientele. Ideal for an owner-operator seeking a turnkey business or an investor looking for a solid income-producing asset in a proven automotive corridor. Financial details are available to serious, qualified buyers upon request.
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2908 W Cermak Road Facts & Features
- Type Commercial
- Sq. ft. 6,600
- Price/Sq.ft. $106
Details
General
Income/Expenses
- Existing Lease Type: N/A
- Operating Expense: 0
Business Information
- Business Name: CERMAK AUTO CENTER
- Business Type: Auto Service
- Number Of Full Time Employees: 3
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - South Lawndale
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $19,557.00
- Tax Year: 2023
General Information
- Parcel Number: 16243130120000
- Possible Use: Commercial
- Property Type: Business Opportunity
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 6600
General Information
- Cooling: Central Air
- Electric: Service - 201 to 600 Amps
- Stories: 1
Unit Information
- Unit SqFt.: 6600
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 44X139.2
- Lot Size Square Feet: 6800
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Rubber
2908 W Cermak Road Neighborhood
Community
60623 (Chicago) Demographics
33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2908 W Cermak Road Monthly Cost
2908 W Cermak Road Market Data
Based on the last 30 days in this zip code
$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
2908 W Cermak Road History
| Date | Value | Agent |
|---|---|---|
| 3/15/2026Source: MRED | Active |
|
| 3/10/2026Source: MRED | $699,900 -19.6% |
|
| 3/10/2026Source: MRED | Price Change |
|
| 10/25/2025Source: MRED | Active |
|
| 10/20/2025Source: MRED | October 20, 2025 |