2650 95Th StEvergreen Park, IL 60805

Property Details for 2650 95Th St

Year built

1988

Lot size

0.69 AC

Property type

Commercial real estate

APN

24-01-403-016

APU

2401403016

Description

This exceptional investment opportunity presents a 1,765 square-foot Take 5 Oil Change, situated on a 0.69-acre lot in Evergreen Park, Illinois. The property boasts a strong location within the Chicago MSA, a top-three US population center, with over 586,000 residents within a five-mile radius. The average household income within one mile is $135,835, indicating a high-spending demographic. This single-tenant, absolute NNN ground lease offers significant advantages, including no landlord responsibilities and a guaranteed lease through February 2033, with six 5-year renewal options. The lease includes 7.5% rent bumps every five years, with the next increase scheduled for March 2027. The property benefits from its strategic location along 95th Street (36,400 vehicles per day) and proximity to the Dan Ryan Expressway (266,000 vehicles per day), as well as a dense retail corridor featuring major national tenants like Walmart, Aldi, and Mariano's (Kroger), which serves as a shadow anchor. The building, constructed in 2021, enjoys 100% occupancy and generates a Net Operating Income (NOI) of $90,000, resulting in a 6.75% cap rate. The property's proximity to OSF HealthCare Little Company of Mary Medical Center further enhances its appeal. This e-commerce resistant business model, backed by a six-unit franchisee, presents a compelling investment opportunity with significant long-term growth potential. The asking price is $1,333,333.

Location Insight

City

Evergreen Park

County

Cook

State

Illinois

Latitude

41.7213

Longitude

-87.689

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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