Retail | 7.35% CAP | 2,242 SF

For Sale

6154 W 111th St, Chicago Ridge, IL 60415

This Chicago Ridge property for sale is located at 6154 W 111th St. The current listed sale price for Retail | 7.35% CAP | 2,242 SF is $1,442,177. Retail | 7.35% CAP | 2,242 SF is situated on a lot that is 0.53 square feet in size.

Contacts

broker
Christian Pera
broker
Peter Block

Property Details

  • Property Type Other
  • Lot Size 0.53 SF
  • Year Built 1965
  • Year Renovated 2024
  • Date Updated Jan 29, 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 2,242-square-foot property is located on 111th Street just west of the I294 on off ramp in the south suburb of Chicago Ridge. The property sits on a commercial corridor surrounded by industrial parks and residential.
111th Street brings 33,800+ people by the property daily. There are over 15,000 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 $1,442,177 corresponding to a 7.35% cap rate.

Want more info on this listing?

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

Getting around

  • 64/100

    Walk Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago Ridge, IL
  • Zip Code 60415
  • Market Chicago

Points of Interest

  • Chicago Ridge

    0.94 miles

  • Worth

    1.15 miles

  • Palos Park

    2.83 miles

  • Ashburn

    4.67 miles

  • 115th Street (Morgan Park)

    5.29 miles

  • 111th Street (Morgan Park)

    5.33 miles

  • 107th Street (Beverly Hills)

    5.39 miles

  • Midlothian

    5.49 miles

  • 103rd Street (Beverly Hills)

    5.51 miles

  • Blue Island

    5.59 miles

  • Shell

    0.25 miles

  • Marathon

    1.23 miles

  • BP

    1.32 miles

  • SNK Fuels

    1.33 miles

  • Citgo

    1.35 miles

  • Thorntons

    1.35 miles

  • Mariano's

    1.53 miles

  • EVgo

    1.64 miles

  • Tesla Supercharger

    7.79 miles

  • ChargePoint

    7.94 miles

  • Commuter Parking

    2.81 miles

  • Lot 1

    3.10 miles

  • Lot T1

    3.12 miles

  • Lot S2

    3.12 miles

  • Lot 3

    3.12 miles

  • Lot S1

    3.13 miles

  • Lot B2

    3.17 miles

  • Lot 2

    3.21 miles

  • Lot 12

    3.23 miles

  • Lot L1

    3.29 miles

  • JC Miami Hotel

    1.39 miles

  • Blue Star Motel

    1.57 miles

  • Bridgeview Inn

    1.84 miles

  • Budget Lodge

    1.99 miles

  • Key Motel

    2.04 miles

  • DoubleTree by Hilton Hotel Chicago - Alsip

    2.44 miles

  • Motel 6 Alsip

    2.44 miles

  • Motel 6 Bridgeview, IL

    2.50 miles

  • Midway Inn & Suites

    2.76 miles

  • Oak Lawn Hilton

    2.81 miles

  • Fairplay

    0.60 miles

  • Ross

    1.32 miles

  • Marshalls

    1.44 miles

  • TJ Maxx

    1.54 miles

  • Mariano's Fresh Market

    1.67 miles

  • Kohl's

    1.70 miles

  • Pete's Market

    1.70 miles

  • ALDI

    1.73 miles

  • Walmart

    1.77 miles

  • Chicago Ridge Mall

    1.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Retail | 7.35% CAP | 2,242 SF
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.