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1079 W Maple Ave Mundelein, IL

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For Sale
$1,645,000

Net-leased automotive repair shop with long-term lease in Mundelein, IL.

Property size:
1,794 SF
Lot size:
2.01 Acres

Property Features for 1079 W Maple Ave

General Information

Size
1,794 SF
Lot size
2.01 Acres

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Listing Contact
Jereme Snyder
Source: Moodyscre

Listing Agent: Jereme Snyder

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

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Property Insight Report

Overview

Automotive Repair Shop For Sale

This single-tenant, net-leased property in Mundelein, Illinois, is occupied by Grease Monkey Oil Change & More, which operates over 500 locations. The corporate net lease has approximately 10.8 years remaining in the primary term, with three 5-year option periods. Landlord responsibilities are limited to roof and structure. The lease includes 10% rent increases every 5 years. The property features a 1,794-square-foot automotive repair building on a 0.64-acre parcel. It is located at the hard corner signalized intersection of W Maple Avenue (Route 176) and N Midlothian Road, with a combined traffic count exceeding 24,900 vehicles per day. The property is situated opposite the Jewel-Osco anchored Long Meadow Commons Shopping Center and is 1.5 miles from Mundelein Crossing Power Center, anchored by Target and The Home Depot. Nearby retailers include Dollar Tree, HomeGoods, T.J. Maxx, Walgreens, CVS Pharmacy, Starbucks, and Taco Bell. This property offers an opportunity to acquire a net-leased automotive repair shop in the Chicago MSA.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Similar Places Nearby

M S Towing & Logistics Inc, Grease Monkey

Location Insight

  • Map
  • Local Demand
City
Mundelein
County
Lake
State
Illinois
Longitude
-88.0039653
Latitude
42.263079

FAQs

What type of property is this?
Auto shop - Net-leased automotive repair shop with long-term lease in Mundelein, IL.
Where is this auto shop located?
The property is located at 1079 W Maple Ave Mundelein, IL.
What is the asking price?
The asking price for this property is $1,645,000.
What are key features of this property?
This property features: - Corporate net lease with 10.8 years remaining, providing long-term income.; - Located at a **high-traffic, hard-corner signalized intersection** with over 24,900 vehicles per day.; - 10% rent increases every 5 years, offering inflation-resistant income.
More about this property
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