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Listing provided courtesy of Infiniti Properties, Inc.MREDas Distributed by MLSGrid- MLS# 12568427MLS Provider

2421 S Wabash AvenueChicago, IL 60616

Commercial · 12,800 Sq. ft.
$250,000 Active

2421 S Wabash Avenue Overview

Time on Site:
136 days
Visits:
6

Auto Repair and Body Shop for sale. Established and operating business in great location. This combo is a high-demand asset; it offers multiple revenue streams-mechanical repair and collision work. Located on 12,800 sq ft of space. Space includes office area. Single Story building with +/- 2,500 sq of parking. Great location- Motor Row District. Great exposure to feeder ramp between LSD and Dan Ryan. Price includes business only. Also available for sale with Real Estate $2,500,000

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2421 S Wabash Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 12,800
  • Price/Sq.ft. $20

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Operating Expense: 0

Business Information

  • Business Name: New King Auto Repair
  • Business Type: Auto Service
  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near South Side

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Insurance, Repairs, Scavenger, Varies by Tenant, All Utilities

Tax Information

  • Tax Annual Amount: $17,237.00
  • Tax Year: 2024

General Information

  • Parcel Number: 17271160100000
  • Possible Use: Commercial
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 12800

General Information

  • Cooling: Office Only
  • Stories: 1

Unit Information

  • Unit SqFt.: 12800

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Dimensions: 80 X 191
  • Lot Size Square Feet: 0

Waterfront/View

  • Waterfront: No

2421 S Wabash Avenue Neighborhood

Community

60616 (CHICAGO) Demographics

38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

2421 S Wabash Avenue Monthly Cost

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$ %
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$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2421 S Wabash Avenue Market Data

Based on the last 30 days in this zip code

$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

2421 S Wabash Avenue History

Date Event Value Agent
2/18/2026Source: MRED Status Change
Active
2/13/2026Source: MRED Added to Database
February 13, 2026