Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1156 E Ogden Ave Naperville, IL 60563

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Single-tenant, recession-resistant asset with strong operating history.

    Property size:
    4,025 SF
    Lot size:
    0.45 Acres

    Property Features for 1156 E Ogden Ave

    General Information

    Size
    4,025 SF
    Lot size
    0.45 Acres

    We can help!

    Listing Contact
    Zach Ofner
    Zach Ofner
    Source: Moodyscre

    Listing Agent: Zach Ofner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Remodeled Meineke in Naperville, Illinois

    This 4,025-square-foot property is a newly remodeled Meineke located in Naperville, Illinois, a premier Chicago MSA suburb. Situated along Ogden Avenue (Route 34), a primary commercial corridor just south of I-88, the site benefits from high traffic volume, with over 30,000 vehicles per day. The location is directly across from a newly built Chick-fil-A and a Costco, which sees more than 1.2 million annual visitors. The surrounding area has a dense population, with over 75,000 people residing within a 3-mile radius. The single-tenant building is leased for a 15-year term.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car-X Tire & Auto Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Tom's Auto Glass, Midas, Jiffy Lube, Gerber Collision & Glass, Mavis Tires & Brakes

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    Will
    State
    Illinois
    Longitude
    -88.125705
    Latitude
    41.7937127

    Nearby Similar for Sale

    • $598,000

      Prime Office Condo in Naperville

      High-visibility office condo near downtown Naperville and Metra station.
      1001 E Chicago Ave, Naperville, IL 60540
      View Details
    • $290,000
      0.70 Acres

      Naperville Office Condo For Sale

      Well-maintained office condo in prime Naperville location.
      1776 Legacy Cir, Naperville, IL 60563
      View Details
    • $625,000
      2.83 Acres

      Executive Office Space in Naperville

      Remodeled office suite in prime Naperville location.
      2272 95Th St, Naperville, IL 60564
      View Details
    • $875,000
      0.31 Acres

      Naperville Office Space For Sale

      Highly visible, renovated office building near downtown Naperville.
      849 N Ellsworth St, Naperville, IL 60563
      View Details
    • $2,400,000
      4,000 SF

      Luxury Duplex Near Metra Station

      Custom-built duplex with high-end finishes near downtown Naperville and Metra.
      715-717 N Brainard St, Naperville, IL 60563
      View Details
    • New
      $225,000
      1.28 Acres

      Established Restaurant Business For Sale

      Successful neighborhood restaurant with equipment, inventory, and established reputation.
      Confidential Dr, Naperville, IL 60564
      View Details
    • Contact for pricing

      Class A Office Space Available

      High-end office space with many amenities and convenient highway access.
      535 E Diehl Rd, Naperville, IL 60563
      View Details
    • Contact for pricing

      Prime Retail and Restaurant Space

      Retail and restaurant spaces in a busy Naperville retail corridor.
      2764 Aurora Ave, Naperville, IL 60540
      View Details
    • Contact for pricing

      Sprawling Campus with Extensive Amenities

      75-acre campus with green space, fitness center, and collaboration areas.
      1415 W Diehl Rd, Naperville, IL 60563
      View Details
    • $2,750,000
      7,790 SF

      Established Car Wash Business Opportunity

      Commercial building with car wash and oil change business.
      508 N River Rd, Naperville, IL 60540
      View Details
    • Contact for pricing

      Naperville Office Building For Sale

      9,200 sq ft office building in Naperville, Illinois.
      1607 North Aurora Rd, Naperville, IL 60540
      View Details
    • $875,000

      Highly Visible Office Space Available

      Two-story office building near downtown Naperville with high traffic visibility.
      849 N Ellsworth St, Naperville, IL 60563
      View Details

    FAQs

    What type of property is this?
    Auto shop - Single-tenant, recession-resistant asset with strong operating history.
    Where is this auto shop located?
    The property is located at 1156 E Ogden Ave Naperville, IL.
    What are key features of this property?
    This property features: - Newly remodeled Meineke in Naperville, Illinois.; - Located on Ogden Avenue (Route 34) with high traffic count, near I-88.; - Directly across from a newly built Chick-fil-A and a Costco.
    (847) 698-8444 Call to check price and availability
    Request Owner's contact information
    1156 E Ogden Ave Naperville, IL 60563
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1156 E Ogden Ave
    Naperville, IL 60563
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1156 E Ogden Ave Naperville, IL 60563
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Zach Ofner
    Zach Ofner
    (847) 698-8444 (847) 444-5704
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!