- For Sale $1,813,333
- Property Type Other
- Property Size 10,432 SF
- Lot Size 0.24 SF
- Date Updated Jan 21, 2025
Colliers Net Lease Investment Group is pleased to present to qualified investors the opportunity to acquire a 100% fee interest in a 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 10,432-square-foot property is located on Madison St. just North of I-290 expressway. The property sits on a commercial retail corridor surrounded by industrial parks and residential.
Madison Street brings 18,890+ people by the property daily. There are over 40,000+ people within 1 mile and 294,600+ people within 3 miles of the store.
The single-tenant building is leased for a 15 year term and is offered at $1,813,333 corresponding to a 7.50% cap rate.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
88/100 Very Walkable -
Transit Score ®
62/100 Good Transit -
Bike Score ®
66/100 Bikeable
- City Oak Park, IL
- Zip Code 60302
- Market Chicago
Points of Interest
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Maywood
2.26 miles
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Cicero
2.61 miles
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54th/Cermak
2.81 miles
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Berwyn
3.19 miles
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Elmwood Park
3.29 miles
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Harlem Avenue
3.31 miles
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Kostner
3.71 miles
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Riverside
3.83 miles
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Hollywood
4.25 miles
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Central Park
4.55 miles
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Mobil
0.30 miles
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BP
0.46 miles
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Thorntons
0.50 miles
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Exxon
0.51 miles
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Citgo
0.67 miles
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Soofa Solar Phone Charger
1.70 miles
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ChargePoint
3.94 miles
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eVgo
6.55 miles
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Tesla Destination Charger
6.61 miles
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EVgo
6.71 miles
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Jewel Osco Lot
0.48 miles
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Avenue Parking Garage
0.58 miles
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Lot 46 G
0.71 miles
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Lot 57
0.76 miles
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Holly Court Parking Garage
0.81 miles
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Lot 84
0.83 miles
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Forest Park Park & Ride
1.09 miles
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Travel Inn Motel
2.78 miles
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Shamrock Motel
2.82 miles
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Karavan Motel
3.05 miles
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Cindy Lyn Motel
3.54 miles
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Chicagoland Motel
3.93 miles
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Presidential Inn
4.09 miles
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Holiday Inn Express
4.56 miles
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Fullerton Hotel
4.81 miles
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Rodeway Inn Brookfield
4.83 miles
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Super 8 Chicago/Rosemont/O'Hare/SE
4.87 miles
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Robinson's Bar & Grill
0.03 miles
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Rosati's
0.21 miles
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Al's Grill
0.31 miles
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Popeyes
0.33 miles
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Mama Thai
0.33 miles
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Kettlestrings Tavern
0.39 miles
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Chicago's Home of Chicken & Waffles
0.39 miles
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Margaritas Mexican Cusine
0.40 miles
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Wendy's
0.41 miles
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Sen Sushi Bar
0.42 miles
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Gwendolyn Brooks Middle School
0.22 miles
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Saint Edmund School
0.39 miles
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Fenwick High School
0.42 miles
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Ascension School
0.50 miles
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Intercultural Montessori Language School
0.65 miles
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Saint Johns School
0.65 miles
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Percy Julian Middle School
0.69 miles
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Emmaus Bible School
0.71 miles
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Garfield Elementary School
0.71 miles
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Saint Bernardine's School
0.74 miles
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Little Beginnings Day Care
0.01 miles
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Blocks 24 hr Child Care Center
0.41 miles
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The Day Nursery
0.47 miles
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Back 2 Basics Day Care
0.52 miles
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Kangaroo Kroner
1.00 miles
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ABC Toon Town Day Care
1.00 miles
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Morningside Children's Academy
1.20 miles
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Little Folks Cottage Inc
1.21 miles
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Sunny Days Kid's Academy
1.28 miles
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Happy Days Child Care Center
2.60 miles
Frequently Asked Questions
The space currently listed for sale at Retail | 7.50% CAP | 10,432 SF asks for $1,813,333.
Retail | 7.50% CAP | 10,432 SF totals 10,432 square feet.
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