Retail | 7.50% CAP | 10,432 SF

845 Madison St, Oak Park, IL 60302

  • 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Peter Block
broker
Christian Pera

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Oak Park, IL
  • Zip Code 60302
  • Market Chicago

Points of Interest

  • Maywood

    2.26 miles

  • Cicero

    2.61 miles

  • 54th/Cermak

    2.81 miles

  • Berwyn

    3.19 miles

  • Elmwood Park

    3.29 miles

  • Harlem Avenue

    3.31 miles

  • Kostner

    3.71 miles

  • Riverside

    3.83 miles

  • Hollywood

    4.25 miles

  • Central Park

    4.55 miles

  • Mobil

    0.30 miles

  • BP

    0.46 miles

  • Thorntons

    0.50 miles

  • Exxon

    0.51 miles

  • Citgo

    0.67 miles

  • Soofa Solar Phone Charger

    1.70 miles

  • ChargePoint

    3.94 miles

  • eVgo

    6.55 miles

  • Tesla Destination Charger

    6.61 miles

  • EVgo

    6.71 miles

  • Jewel Osco Lot

    0.48 miles

  • Avenue Parking Garage

    0.58 miles

  • Lot 46 G

    0.71 miles

  • Lot 57

    0.76 miles

  • Holly Court Parking Garage

    0.81 miles

  • Lot 84

    0.83 miles

  • Forest Park Park & Ride

    1.09 miles

  • Travel Inn Motel

    2.78 miles

  • Shamrock Motel

    2.82 miles

  • Karavan Motel

    3.05 miles

  • Cindy Lyn Motel

    3.54 miles

  • Chicagoland Motel

    3.93 miles

  • Presidential Inn

    4.09 miles

  • Holiday Inn Express

    4.56 miles

  • Fullerton Hotel

    4.81 miles

  • Rodeway Inn Brookfield

    4.83 miles

  • Super 8 Chicago/Rosemont/O'Hare/SE

    4.87 miles

  • Robinson's Bar & Grill

    0.03 miles

  • Rosati's

    0.21 miles

  • Al's Grill

    0.31 miles

  • Popeyes

    0.33 miles

  • Mama Thai

    0.33 miles

  • Kettlestrings Tavern

    0.39 miles

  • Chicago's Home of Chicken & Waffles

    0.39 miles

  • Margaritas Mexican Cusine

    0.40 miles

  • Wendy's

    0.41 miles

  • Sen Sushi Bar

    0.42 miles

  • Gwendolyn Brooks Middle School

    0.22 miles

  • Saint Edmund School

    0.39 miles

  • Fenwick High School

    0.42 miles

  • Ascension School

    0.50 miles

  • Intercultural Montessori Language School

    0.65 miles

  • Saint Johns School

    0.65 miles

  • Percy Julian Middle School

    0.69 miles

  • Emmaus Bible School

    0.71 miles

  • Garfield Elementary School

    0.71 miles

  • Saint Bernardine's School

    0.74 miles

  • Little Beginnings Day Care

    0.01 miles

  • Blocks 24 hr Child Care Center

    0.41 miles

  • The Day Nursery

    0.47 miles

  • Back 2 Basics Day Care

    0.52 miles

  • Kangaroo Kroner

    1.00 miles

  • ABC Toon Town Day Care

    1.00 miles

  • Morningside Children's Academy

    1.20 miles

  • Little Folks Cottage Inc

    1.21 miles

  • Sunny Days Kid's Academy

    1.28 miles

  • Happy Days Child Care Center

    2.60 miles

Frequently Asked Questions

How much does Retail | 7.50% CAP | 10,432 SF cost?

The space currently listed for sale at Retail | 7.50% CAP | 10,432 SF asks for $1,813,333.

What is the total square footage of Retail | 7.50% CAP | 10,432 SF?

Retail | 7.50% CAP | 10,432 SF totals 10,432 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Retail | 7.50% CAP | 10,432 SF
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.