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    6111 W Ogden Ave Cicero, IL 60804

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    For Sale
    $2,240,000

    Freestanding single-tenant Advance Auto location with long-term operating history.

    Property size:
    6,901 SF
    Lot size:
    0.37 Acres

    Property Features for 6111 W Ogden Ave

    General Information

    Size
    6,901 SF
    Lot size
    0.37 Acres

    Source: Colliers | Chicago Rosemont Agent Scott Barrett

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

    Overview

    Cicero Freestanding Advance Auto Location

    This is an opportunity to acquire a freestanding single-tenant Advance Auto location. The property has an established presence and has successfully operated at its location for between 20 and 22 years. The lease terms range from 4.4 to 8.4 years with three 5-year options. The 6,901 square foot building is modified NNN with Landlord responsible for structure. Advance Auto has an investment grade credit rating of BB+ from S&P and Ba1 from Moody’s.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Premium Window Tints, Dent Chief LLC, Davila Bros Window Tinting, Sadeq Auto Sale, Ron’s Towing

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7759958
    Latitude
    41.8325353

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    FAQs

    What type of property is this?
    Auto shop - Freestanding single-tenant Advance Auto location with long-term operating history.
    Where is this auto shop located?
    The property is located at 6111 W Ogden Ave Cicero, IL.
    What is the asking price?
    The asking price for this property is $2,240,000.
    What are key features of this property?
    This property features: - Investment grade credit rating (BB+/Ba1) corporate guarantee from Advance Auto.; - Recession-proof single-tenant net lease property with long-term operating history.; - Opportunity to acquire 100% fee interest in 3 freestanding single-tenant Advance Auto locations in the Chicago MSA.
    (847) 698-8444
    Request Owner's contact information
    6111 W Ogden Ave Cicero, IL 60804
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    Cicero, IL 60804
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    Realmo Value Estimation

    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.

    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.

    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
    6111 W Ogden Ave Cicero, IL 60804
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