1701 S Algonquin Road,Mount Prospect, IL 60056
Mount Prospect, IL 60056
Description
**ESTABLISHED AUTO REPAIR BUSINESS + REAL ESTATE | 33,498 SF LOT | MT. PROSPECT** **Rare opportunity to acquire an established automotive repair business together with the underlying commercial real estate in a highly accessible Mt. Prospect location.** Located at **1701 Busse Rd, Mt. Prospect, IL 60056**, this offering provides an owner-user or investor with the opportunity to acquire an operating automotive business while also owning the valuable real estate. Situated on an impressive **33,498 SF lot**, the property offers a substantial land component and an ideal setting for an automotive service operation. The sale includes the **existing auto repair business**, allowing a qualified buyer to take advantage of an established operation rather than starting from scratch. This is an attractive opportunity for an experienced automotive operator seeking ownership of its own facility, an existing repair business looking to expand its footprint, or an investor seeking a commercial property with an established automotive use. **PROPERTY & BUSINESS HIGHLIGHTS** * **33,498 SF commercial lot** * **Established auto repair business included** * Real estate and business offered together * Excellent owner-user opportunity * Substantial land component * Convenient Mt. Prospect location * Ideal for automotive repair and service operations * Opportunity to own the business **and** the real estate * Potential for long-term business and real estate value **OWN THE BUSINESS. OWN THE REAL ESTATE. BUILD YOUR FUTURE.** Opportunities combining an established automotive business with its underlying real estate are uncommon. **1701 Busse Rd offers a qualified buyer the ability to step into an existing automotive operation while securing ownership of a substantial commercial property.** **Confidential business and financial information available to qualified buyers upon request. Showings by appointment only.**
Details
| MLS # | 12775994 |
|---|---|
| Listing Type | For Sale |
| Style | Bus / Bus W/real Est |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 13 |
| Listing Provided By | Insight Real Estate Advisors, LLC | Phillip Desai |
Features
| SQ Feet | 2,759 |
|---|---|
| Story(s) | 1 |
| Zoning | COMMR |
| Acreage | 0.11 |
Interior
| Cooling | None |
|---|
Exterior
| Roof | Composition |
|---|---|
| Construction Materials | Brick |
Utilities
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected, Water Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 32373 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Mount Prospect |
| Zip Code | 60056 |
| Area | Mount Prospect |
| Listing VS Median (in 60056) | |
Price: $1,599,999 low | high Med: $414,900 sqft: 2,759 low | high Med: 1,630 $ / sqft: $580 low | high Med: $256 On site: 13 low | high Med: 8 | |
Market Activity 60056
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Mount Prospect |
| Zip Code | 60056 |
| Area | Mount Prospect |
| Listing VS Median (in 60056) | |
Price: $1,599,999 low | high Med: $414,900 sqft: 2,759 low | high Med: 1,630 $ / sqft: $580 low | high Med: $256 On site: 13 low | high Med: 8 | |