2217 Cicero AveCicero, IL 60804

This exceptional investment opportunity presents a brand-new, 700 square foot Take 5 Oil Change located at 2217 S Cicero Ave, Cicero, IL 60804. The property sits on a 0.48-acre lot and boasts a 15-year absolute NNN ground lease with a highly creditworthy franchisee tenant. Enjoy zero landlord responsibilities with a built-in 10% rent increase every five years, providing excellent inflation protection. The property's strong NOI of $75,000 yields a compelling 7.50% cap rate. This prime location within the Hawthorne Works Shopping Center benefits from exceptional visibility and high traffic counts, exceeding 66,166 vehicles daily at the intersection of W Cermak Rd and Cicero Ave. The center is anchored by major retailers including Burlington, AMC Theatres, and Cermak Produce, and is further supported by nearby Walmart, Target, Sam's Club, Menards, and The Home Depot. The affluent Cicero suburb offers a robust demographic profile, with over 331,700 residents within a 3-mile radius and an average household income exceeding $70,200. The lease includes six, five-year renewal options, ensuring long-term stability and passive income. This asset is ideally suited for 1031 exchange buyers or private investors seeking a low-price-point, high-return investment with minimal management requirements. Built in 2023, the property is currently 100% occupied. The asking price is $1,000,000.