Auto Repair Shop with
New
For Sale
$1,290,000
1801 Ogden Avenue, Lisle, IL 60532
The sale includes the building, equipment, inventory, trade name, and phone number.
Property Size3,000 SF
Days on Market3
Property Features for 1801 Ogden Avenue
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Business Opportunity
Zoning
COMMR
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$12,420
Building Details
Building Size
3,000 SF
Stories
1
Listing Agency:
Platinum Partners Realtors
(630) 435-3500
Listed By:
David Mroch · License #471003544
(630) 435-3500
Source:
Birdrealtysells
Added: Aug 13
Changed: Aug 14
Last Checked: Aug 14 at 6:19AM
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 Platinum Partners Realtors
Investment Insights
Based on property information with market context.
This established auto repair business is offered with its building and the operating assets needed to continue the business. Included in the sale are equipment, inventory, the trade name, and the business phone number. The operation has been located on Ogden Avenue since 2001, providing a defined operating history at the property.
The property is located at 1801 Ogden Avenue in Lisle, Illinois 60532. The offering combines the auto repair business with the underlying building and associated business assets.
The property is located at 1801 Ogden Avenue in Lisle, Illinois 60532. The offering combines the auto repair business with the underlying building and associated business assets.
Key Highlights
- Auto repair business located on Ogden Avenue since 2001
- Sale includes the building, equipment, and inventory
- Trade name and phone number included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,640
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$832,800
$832.8K
Cap Rate 7%
$594,857
$594.9K
Cap Rate 9%
$462,667
$462.7K
Market Conditions
NOI Build-Up for 3,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$64.8K $21.60/SF
− Vacancy
−$5.3K −$1.77/SF
EGI
$59.5K $19.83/SF
− OpEx
−$17.8K −$5.95/SF
NOI
$41.6K $13.88/SF
Area
DuPage County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$832,800
Cap Rate 7%
$594,857
Cap Rate 9%
$462,667
Alternative Uses
Best Use
Retail
$594.9K
$520.5K – $694.0K
NOI $41,640 @ 7.0% cap · market cap 3.23%
Second Best
Industrial
$184.5K
$161.4K – $215.2K
NOI $12,914 @ 7.0% cap · market cap 1.00%
Theoretical Best
Office A
$1.04M
$906.3K – $1.21M
NOI $72,503 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
60k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 22%
Home Improvements & Furnishings 4%
Hotels & Casinos 3%
Culver's
Dining
23,915 visits/mo
0.5 miles
McDonald's
Dining
18,430 visits/mo
0.5 miles
Speedway
Shops & Services
13,422 visits/mo
0.2 miles
Grainger
Home Improvements & Furnishings
2,398 visits/mo
0.3 miles
WoodSpring Hotels
Hotels & Casinos
798 visits/mo
0.2 miles
Demographics for 60532, IL
28,766
Population
13,203
Households
2.2
Avg Household Size
39
Median Age
59%
College-Educated
98%
High-School Grad
8.5 sq mi
ZIP Area
3,384
Density / Sq Mi
$100,373
Median Household Income
$64,114
Median Earnings
$1,576
Median Rent
$387,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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- Grapple N Go Towing — 4900 Lincoln Ave, Lisle, IL 60532
- Allegro AutoGlass — 1600 burlington ave, lisle, il 60532
Frequently Asked Questions
What type of property is this?
Auto shop - The sale includes the building, equipment, inventory, trade name, and phone number.
Where is this auto shop located?
The property is located at 1801 Ogden Avenue Lisle, IL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Auto repair business located on Ogden Avenue since 2001; Sale includes the building, equipment, and inventory; Trade name and phone number included in the sale
