7501 N Western Ave
Chicago, IL 60645
Midas · Retail Property For Sale

DEVELOPMENT SITE FOR SALE---BRING YOUR IDEAS---residential, commercial, mixed use, medical, car wash, etc. B3-2 ZONING / 12,185 SF corner lot / 4600 SF building CURRENTLY BEING USED AS A MIDAS AUTO REPAIR ---OR---OPEN YOUR OWN CAR REPAIR SHOP! ALSO CAN BE A RESIDENTIAL DEVELOPMENT SITE OR STRIP MALL Current owner has been there since 2008, a corner property, never has been a gas station. It was refinanced in 2017, both banks did not require anything beyond a Phase I as well. All oils and fluids are properly stored and disposed of per EPA regulations too. Here is a link for the original Phase I (owner will update and recertify if an offer is submitted) https://drive.google.com/open?id=1YepNlt2tN2g5HGPZoQOC5Mc7I5gTO-SU OR GREAT OPPORTUNITY TO OWN A NATIONAL FRANCHISE REPAIR SHOP! CAR REPAIR+PROPERTY+MACHINES+INVENTORY, ETC. B3-2 ZONING / 12,185 SF corner lot / 4600 SF building CONTINUE WITH MIDAS---OR---OPEN YOUR OWN CAR REPAIR SHOP! 9 front parking spaces, five rear 4 double wide front doors, 1 back 8 car lifts (two are truck capable) 7 front repair bays, 1 in back, 8 total 2nd floor with main area plus 3 storage rooms 4 full time employees/ 3 tech / 1 manager INCLUDED WITH THE BUSINESS 1 Acer shop computer with cabinet 3 HP office computers 1 Brother all in one wireless office printer/fax/copier 3 Office counter desks 6 customer waiting room chairs 3 customer waiting room/office tables 1 32" waiting room TV 1 Coffee cabinet with coffee maker 6 Bendpak above ground vehicle lifts 1 john bean scissors alignment lift 1 underground vehicle lift 1 hunter hawk eye alignment system with computer 1 john bean wheel balancer 1 john bean tire remover 1 ammco brake lathe 1 huth pipe bender 1 engine hoist 2 transmission hoists 1 robinair ac machine 1 welding system with carrier 1 argon torch system with carrier 1 10,000 lb press 3 oil change tanks 2 oil pump reels 5 hose reels 3 5 feet jack stands 2 300 gallon oil containers 2 filter racks 2 cabinets shop 3 inventory racks 1 kitchen table 4 chairs employee lunch room 1 3 foot refrigerator 1 microwave 1 rear office desk system 2 rear office filing cabinets 1 autel vehicle scanner 1 battery charger 1 battery tester 3 ceiling fans (repair area) 2 NEW overhead furnaces (repair area) MISCELLANEOUS INVENTORY PARTS Approximate dimensions Lot is 113x108 deep Garage area 90’x40’ Lobby 20’x25’ Kitchen/lounge 16’13’ Office 16’x16 Ceiling height 16’ SECOND FLOOR Main area 14x15 Storage 1 14x11 Storage 2 14x11 Storage 3 19x19 Purchaser subject to Midas franchisee approval standards and their franchise agreement only if they want to continue working with Midas INDEPENDENT REPAIR SHOPS AND DEVELOPERS ARE WELCOME TO PURSUE THIS CONFIDENTIAL----DO NOT DISTURB THE BUSINESS SUNDAY SHOWINGS BY APPOINTMENT ONLY! All business records are available after signing a confidentiality statement Income records---verifiable Gross sales of 800-900k/year (there is a possible upside here) TAXES---$31,574---2017 year COMPLETE BUSINESS WITH PROPERTY