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NNN-Leased Auto Service Property
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10909 S Cicero Ave, Oak Lawn, IL 60453

Absolute NNN leased Take 5 Oil Change property on a highly visible intersection with strong daily traffic exposure.

Property SizeContact for details
Days on Market121

Property Features for 10909 S Cicero Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Matthews
Listed By: Patrick Forkin · License #475118789
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 11:50PM

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 Matthews

Investment Insights

Based on property information with market context.

This absolute NNN leased Take 5 Oil Change property is offered for sale with an existing 15-year lease. The lease includes 2% annual rental increases during the primary term and four, 5-year option periods.

The site provides strong access and visibility along the intersection of 109th Street and S. Cicero Avenue, with exposure to approximately 42,300 vehicles per day.

As an NNN investment structure, the property is presented on an absolute NNN basis per the current lease terms.

Key Highlights

  • Absolute NNN leased Take 5 Oil Change property
  • New 15‑year lease with 2% annual rental increases in the primary term
  • Lease includes four 5‑year option periods

Property Analytics

Current Use

Take 5 oil Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,193
Businesses Nearby
313k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 34% Apparel 14% Office Supplies 3%
Marshalls Apparel
42,511 visits/mo 0.1 miles
Thorntons Shops & Services
32,343 visits/mo 0.5 miles
White Castle Dining
20,021 visits/mo 0.0 miles
Hooters Dining
18,449 visits/mo 0.4 miles
Andy's Frozen Custard Dining
17,899 visits/mo 0.0 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN leased Take 5 Oil Change property on a highly visible intersection with strong daily traffic exposure.
Where is this nnn property located?
The property is located at 10909 S Cicero Ave Oak Lawn, IL.
What are key features of this property?
This property features: Absolute NNN leased Take 5 Oil Change property; New 15‑year lease with 2% annual rental increases in the primary term; Lease includes four 5‑year option periods
More about this property
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