Map of Property

Retail | 7.50% CAP | 10,432 SF

For Sale

845 Madison St, Oak Park, IL 60302

This Oak Park property for sale is located at 845 Madison St. The current listed sale price for Retail | 7.50% CAP | 10,432 SF is $1,813,333. Retail | 7.50% CAP | 10,432 SF is situated on a lot that is 0.24 square feet in size.

Contacts

broker
Peter Block
broker
Christian Pera

Property Details

  • 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.

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Getting around

  • 88/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 66/100

    Bike Score ®

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Location

  • 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

  • Sugar Beet Co-op

    0.07 miles

  • Carnival Grocery

    0.44 miles

  • Jewel-Osco

    0.53 miles

  • Target

    0.71 miles

  • Whole Foods Market

    0.74 miles

  • Trader Joe's

    0.86 miles

  • Pete's Market

    0.93 miles

  • Ed's Way

    1.06 miles

  • Living Fresh Market

    1.35 miles

  • Ross

    2.13 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 | 7.50% CAP | 10,432 SF
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