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6249 W North Ave
Oak Park, IL 60302

$619,354 USD

Auto Repair For Sale  •  14,000 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 14,000 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1925
  • Cap Rate 7.75 %
  • Tenancy Single
  • Zoning NA
55 Transit Score
82 Walk Score

Highlights

Long-term tenant with nationwide brand recognition
Located on heavily traveled North Ave (IL Route 64), minutes from downtown Oak Park and Chicago city limits.
Serves a strong customer base in Oak Park and neighboring areas with high median household income and strong vehicle trac.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $48,000 USD (2024)
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Midas Auto Repair 8/31/2032

Public Transportation

Commuter RailDriveWalkDistance
Galewood Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 12 min 0.6 mi
Mars Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.4 mi
AirportDriveWalkDistance
Chicago Midway International 19 min - 10.5 mi
Chicago O'Hare International 21 min - 10.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Nicolas Anzalone 631-572-1428 Silber Investment Properties, LTD
Nicolas Anzalone 631-572-1428 Silber Investment Properties, LTD