Retail | 7.50% CAP | 4,182 SF

1655 Irving Park Rd, Hanover Park, IL 60133

  • For Sale $1,533,333
  • Property Type Other
  • Property Size 4,182 SF
  • Lot Size 0.56 SF
  • Year Built 1987
  • Year Renovated 2025
  • Date Updated Apr 18, 2025

Colliers Net Lease Investment Group is pleased to present to qualified investors the opportunity to acquire a 100% fee interest in a newly remodeled Meinke location in the Chicago MSA. This is a chance to acquire a recession proof single- tenant net lease with a good operating history and a growing franchisee. Meineke is one of the leading brands in auto-maintenance and repair and is now under the Driven Brands umbrella.
This 4,182-square-foot property is located on Irving Park Road (I19) just west of Barrington Road. The property sits at the hub of the Hanover Park retail corridor surrounded by retail and residential.
Irving Park Road brings 23,000+ people by the property daily and the Intersection at Barrington Road has 30,700+. There are over 18,900+ people within 1 mile and 119,000+ people within 3 miles of the store.
The single-tenant building is leased for a 15 year term and is offered at $1,533,333 corresponding to a 7.50% cap rate.

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Attachments

Contacts

broker
Peter Block
broker
Zach Ofner

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Hanover Park, IL
  • Zip Code 60133
  • Market Chicago

Points of Interest

  • Bartlett

    2.12 miles

  • Elgin

    7.45 miles

  • Palatine

    8.97 miles

  • West Chicago

    9.03 miles

  • Wood Dale

    9.33 miles

  • Winfield

    9.42 miles

  • Arlington Park

    9.43 miles

  • Wheaton

    9.94 miles

  • College Avenue

    9.95 miles

  • Arlington Heights

    9.98 miles

  • Shell

    0.16 miles

  • BP

    0.43 miles

  • Walmart

    0.55 miles

  • SNK Fuels

    0.69 miles

  • B&G Citgo

    1.41 miles

  • Thorntons

    1.83 miles

  • Mobil

    1.92 miles

  • Marathon

    1.93 miles

  • Electrify America

    3.82 miles

  • Tesla Supercharger

    4.22 miles

  • '

    2.08 miles

  • Metra Permit Parking

    2.27 miles

  • Metra Daily Parking

    2.29 miles

  • Hawk Hollow

    3.27 miles

  • Jewel-Osco Parking Lot

    3.49 miles

  • Pace I-90 / Barrington Road Park-n-Ride

    4.30 miles

  • TRUMPF Smart Factory

    4.44 miles

  • Bell Works Chicagoland

    4.65 miles

  • Bell Works Chciagoland

    4.73 miles

  • 2nd Lot: Additional Student Parking

    4.92 miles

  • Extended Stay America

    2.08 miles

  • Holiday Inn Express

    2.74 miles

  • Quality Inn Hoffman Estates

    3.90 miles

  • Country Inn & Suites Hoffman Estates

    3.91 miles

  • Hyatt Place Hoffman Estates

    3.95 miles

  • Red Roof Inn Hoffman Estates

    3.97 miles

  • Hampton Inn & Suites

    4.11 miles

  • Hawthorn Suites Hoffman Estates

    4.12 miles

  • Hilton Garden Inn Hoffman Estates

    4.35 miles

  • Indian Lakes Hotel

    4.48 miles

  • Burger King

    0.05 miles

  • McDonald's

    0.17 miles

  • Taco Bell

    0.30 miles

  • KFC

    0.38 miles

  • Popeyes

    0.40 miles

  • Portillo's

    0.50 miles

  • Egg Basket Pancake House

    0.60 miles

  • Nana's Hot Dogs

    0.61 miles

  • Giordano's Pizzeria

    0.74 miles

  • Sonic

    1.03 miles

  • Laurel Hill Elementary School

    0.18 miles

  • Parkwood Elementary School

    0.60 miles

  • Hanover Highlands Elementary School

    0.61 miles

  • Anne Fox Elementary School

    0.72 miles

  • Albert Einstein Elementary School

    0.85 miles

  • Tefft Middle School

    0.98 miles

  • Sunnydale Elementary School

    1.02 miles

  • Ontarioville Elementary School

    1.08 miles

  • Heritage Elementary School

    1.30 miles

  • Jane Addams Junior High School

    1.44 miles

  • Safari Childcare

    1.99 miles

  • KinderCare

    2.35 miles

  • Kinder Care

    2.65 miles

  • Tutor Time

    3.08 miles

  • Academy 4 Kids Child Care Cente

    3.68 miles

  • Advance Preschool

    3.75 miles

  • Learning Experience Childcare

    4.33 miles

  • Primrose School

    4.65 miles

  • Kindercare

    5.82 miles

  • The Learning Tree Childcare

    6.35 miles

Frequently Asked Questions

How much does Retail | 7.50% CAP | 4,182 SF cost?

The space currently listed for sale at Retail | 7.50% CAP | 4,182 SF asks for $1,533,333.

What is the total square footage of Retail | 7.50% CAP | 4,182 SF?

Retail | 7.50% CAP | 4,182 SF totals 4,182 square feet.

When was this property built?

Retail | 7.50% CAP | 4,182 SF was built in 1987.

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Contact Retail | 7.50% CAP | 4,182 SF
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