NNN Leased Take 5
For Sale
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10901 S Cicero Ave, Oak Lawn, IL 60453
NNN leased Take 5 Oil investment property in Oak Lawn.
Property Size1,800 SF
Price / SF$1,388
Days on Market182
Property Features for 10901 S Cicero Ave
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
7
Property subtype
Retail
Zoning
C-2 General Service Business
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$150,000
Building Details
Year Built
1968
Year Renovated
2020
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Cortland Lioi · License #CA 02042182
Source:
Crexi
Added: Feb 11
Changed: Aug 8
Last Checked: Aug 10 at 1:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This property is an absolute NNN leased Take 5 Oil investment property in Oak Lawn, Illinois. The tenant, TWO Oil 5, LLC, has signed a 15-year lease with 6 (5-year) options to extend. The lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. The Take 5 Oil Change is located along S. Cicero Avenue / State Highway 50, a major north–south retail and commuter corridor serving the southwest Chicago suburbs, with exposure to approximately 42,100 vehicles per day. It also benefits from close proximity to W. 95th Street / U.S. Highways 12 & 20 (37,500 VPD). The property is positioned within a dense and highly established retail corridor surrounded by a mix of national and credit tenants including Target, Home Depot, Walmart Supercenter, Sam’s Club, Menards, Kohl’s, Burlington, Marshalls, TJ Maxx, Aldi, Mariano’s, Whole Foods, Walgreens, CVS, Dunkin’, Panera Bread, and numerous other retailers, restaurants, and service providers. The area serves as a dominant commercial hub for Oak Lawn and the surrounding South Cook County communities. The property is located within the Chicago–Naperville–Elgin MSA. The five-mile trade area is supported by approximately 372,000 residents, with average household incomes exceeding $106,000. The property size is 1800 square feet.
Key Highlights
- Absolute NNN lease provides a completely management‑free investment.
- 15‑year lease with Take 5 Oil, plus 6 (5‑year) options, ensures long‑term tenancy.
- High traffic location on S. Cicero Avenue / State Highway 50, seeing approximately 42,100 vehicles per day.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
465k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 19%
Groceries 12%
Apparel 10%
Mariano's
Groceries
52,684 visits/mo
0.2 miles
Raising Cane's Chicken Fingers
Dining
45,401 visits/mo
0.2 miles
T.J. Maxx
Apparel
45,193 visits/mo
0.3 miles
HomeGoods
Home Improvements & Furnishings
36,585 visits/mo
0.3 miles
Cooper's Hawk Winery & Restaurant
Dining
34,435 visits/mo
0.3 miles
Demographics for 60453, IL
58,362
Population
23,115
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$82,493
Median Household Income
$48,810
Median Earnings
$1,310
Median Rent
$267,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- National Auto Services — 11314 S Cicero Ave, Alsip, IL 60803, United States
- CarTech — 5425 W 110th St #10, Oak Lawn, IL 60453
- Used Transmissions Warehouse — 5425 W 110th St, Oak Lawn, IL 60453
- Tony's Automotive Technician — 5229 W 111th St, Alsip, IL 60803
- Tire Discount — w 110th st, oak lawn, il 60453
Frequently Asked Questions
What type of property is this?
Auto shop - NNN leased Take 5 Oil investment property in Oak Lawn.
Where is this auto shop located?
The property is located at 10901 S Cicero Ave Oak Lawn, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Absolute NNN lease provides a completely management‑free investment.; 15‑year lease with Take 5 Oil, plus 6 (5‑year) options, ensures long‑term tenancy.; High traffic location on S. Cicero Avenue / State Highway 50, seeing approximately 42,100 vehicles per day.
