NNN Leased Take 5
14701 S Cicero Ave, Midlothian, IL 60445
NNN leased Take 5 Oil investment property for sale.
Type:Retail
Property size:
3,000 SFPrice / SF:
$833/SF- Added:
- Feb 11, 2026
- Days on Market:
- 90
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 14701 S Cicero Ave
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1989
Listing agent Cortland Lioi License #CA 02042182
Listing office SRS Real Estate Partners Newport Beach
Listing date Feb 11, 2026
Source Crexi
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 SRS Real Estate Partners Newport Beach
HighLights
- Absolute NNN lease with zero landlord responsibilities, providing a management‑free investment.
- Benefit from a 15‑year initial lease term with 6 (5‑year) options to extend, demonstrating tenant commitment.
- 10% rental increases every 5 years, hedging against inflation and growing NOI.
- Located on S. Cicero Avenue with high traffic volume (38,300 VPD) in a major retail corridor.
- Strong demographics with approximately 230,600 residents and average household incomes approaching $100,000 within a five‑mile radius.
- Positioned in a dense retail corridor near national tenants like Walmart, Target, and Menards.
Overview
This is an opportunity to acquire a leased fee interest (land ownership) in an absolute NNN leased, Take 5 Oil investment property located in Midlothian, Illinois. The tenant, TWO Oil 5, LLC, has signed a 15-year lease with 6 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. The Take 5 Oil Change is located along S. Cicero Avenue, a major north–south retail and commuter corridor serving the southern Chicago suburbs, with exposure to 38,300 vehicles per day. The property also benefits from close proximity to 147th Street / State Highway 83 (19,600 VPD) and Interstate 294 (75,100 VPD). The subject property is positioned within a dense and established retail corridor surrounded by a strong mix of national and credit tenants including Walmart Supercenter, Target, Menards, Aldi, Walgreens, Dunkin’, Taco Bell, Popeyes, Dollar Tree, Dollar General, McDonald’s, and numerous other retailers and service providers. The area functions as a dominant commercial hub for Midlothian and surrounding communities. Additionally, the property benefits from its infill location within the Chicago–Naperville–Elgin MSA. The five-mile trade area is supported by approximately 230,600 residents, with average household incomes approaching $100,000. The property size is 3000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Take 5 Oil ...
Auto Repair Shop
Similar Places Nearby
- Tasca Ford Midlothian Service — 14633 S Cicero Ave, Midlothian, IL 60445
- Johnny's Garage — 15210 Kenton Ave, Oak Forest, IL 60452
- Restoration Service By Steve — 15000 Knox Ave, Midlothian, IL 60445
- Take 5 Oil Change — 14701 S Cicero Ave, Midlothian, IL 60445
- Applied Graphics & Signs, Inc — 15048 S Cicero Ave, Oak Forest, IL 60452
Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Cook
- State
- Illinois
- Longitude
- -87.736728
- Latitude
- 41.6248759
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - NNN leased Take 5 Oil investment property for sale.
Where is this auto shop located?
The property is located at 14701 S Cicero Ave Midlothian, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, providing a management‑free investment.; Benefit from a 15‑year initial lease term with 6 (5‑year) options to extend, demonstrating tenant commitment.; 10% rental increases every 5 years, hedging against inflation and growing NOI.
