Auto Body
For Sale
$399,900
1112 Lisle Pl, Lisle, IL 60532
B-3A zoning supports retail or office use with residential above.
Property Size4,500 SF
Price / SF$88.87
Days on Market305
Property Features for 1112 Lisle Pl
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Commercial
Zoning
B-3A
Building Details
Year Built
1975
Listing Agency:
Brummel Properties, Inc.
(630) 399-1290
Listed By:
John Dunholter · License #471000199
Source:
Searchillinoishomesforsale
Added: Oct 30, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:10PM
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 Brummel Properties, Inc.
Investment Insights
Based on property information with market context.
This auto shop property at 1112 Lisle Pl in Lisle, Illinois, contains 4,500 square feet and was built in 1975. Windy City Airbrush has operated an auto body shop at the location for more than 30 years.
The property is zoned B-3A, identified as the Central Business District. That designation allows retail or office use, with residential space above. Townhomes are located directly across the street, providing established residential context adjacent to the site.
The property is zoned B-3A, identified as the Central Business District. That designation allows retail or office use, with residential space above. Townhomes are located directly across the street, providing established residential context adjacent to the site.
Key Highlights
- 4,500‑square‑foot auto shop property
- Auto body shop operating at the location for 30+ years
- Built in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,371
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$387,420
$387.4K
Cap Rate 7%
$276,729
$276.7K
Cap Rate 9%
$215,233
$215.2K
Market Conditions
NOI Build-Up for 4,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.2K $6.48/SF
− Vacancy
−$1.5K −$0.33/SF
EGI
$27.7K $6.15/SF
− OpEx
−$8.3K −$1.84/SF
NOI
$19.4K $4.30/SF
Area
DuPage County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$387,420
Cap Rate 7%
$276,729
Cap Rate 9%
$215,233
Alternative Uses
Best Use
Retail
$892.3K
$780.8K – $1.04M
NOI $62,461 @ 7.0% cap · market cap 15.62%
Second Best
Industrial
$276.7K
$242.1K – $322.9K
NOI $19,371 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,755 @ 7.0% cap · market cap 27.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
5,397 visits/mo
0.3 miles
Wild Birds Unlimited
Shops & Services
1,812 visits/mo
0.5 miles
U.S. Bank
Shops & Services
1,603 visits/mo
0.4 miles
Valvoline Instant Oil Change
Shops & Services
1,297 visits/mo
0.4 miles
Demographics for 60532, IL
28,766
Population
13,203
Households
2.2
Avg Household Size
39
Median Age
59%
College-Educated
98%
High-School Grad
8.5 sq mi
ZIP Area
3,384
Density / Sq Mi
$100,373
Median Household Income
$64,114
Median Earnings
$1,576
Median Rent
$387,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Expo Automex — 1963 University Ln, Lisle, IL 60532
- Allegro AutoGlass — 1600 burlington ave, lisle, il 60532
- P&L Motorsports — 4900 Lincoln Ave, Lisle, IL 60532
- Grapple N Go Towing — 4900 Lincoln Ave, Lisle, IL 60532
- Windy City Airbrush, Inc. — 1112 Lisle Pl, Lisle, IL 60532
Frequently Asked Questions
What type of property is this?
Auto shop - B-3A zoning supports retail or office use with residential above.
Where is this auto shop located?
The property is located at 1112 Lisle Pl Lisle, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 4,500‑square‑foot auto shop property; Auto body shop operating at the location for 30+ years; Built in 1975
