Established Auto Repair
For Sale
$1,290,000
1801 Ogden Avenue, Lisle, IL 60532
Operating since 2001, the sale includes equipment, inventory, trade name, and phone number.
Property Size3,000 SF
Days on Market27
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) 842-5256
Listed By:
David Mroch · License #471003544
Source:
Jjillrealtygroup
Added: Aug 4
Changed: Aug 28
Last Checked: Aug 29 at 10:21AM
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 auto repair business has operated at 1801 Ogden Ave since 2001. The offering includes the building, equipment, inventory, trade name, and associated phone number, providing a complete operating business and real estate package.
The property is located in Lisle, Illinois, at 1801 Ogden Ave, and includes 3,000 of property size as reported in the listing information.
The property is located in Lisle, Illinois, at 1801 Ogden Ave, and includes 3,000 of property size as reported in the listing information.
Key Highlights
- Auto repair business operating since 2001
- Sale includes the building, equipment, and inventory
- Trade name and phone number included
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
656
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Dining 8%
Shell
Shops & Services
9,173 visits/mo
0.2 miles
Wild Birds Unlimited
Shops & Services
1,812 visits/mo
0.3 miles
Pizza Hut
Dining
984 visits/mo
0.2 miles
Public Storage
Shops & Services
855 visits/mo
0.3 miles
AAMCO Transmissions
Shops & Services
256 visits/mo
0.3 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
- Expo Automex — 1963 University Ln, Lisle, IL 60532
- Northwest Lawn & Power Equipment — 2419 Ogden Ave, Lisle, IL 60532
- Allegro AutoGlass — 1600 burlington ave, lisle, il 60532
- P&L Motorsports — 4900 Lincoln Ave, Lisle, IL 60532
- Grapple N Go Towing — 4900 Lincoln Ave, Lisle, IL 60532
Frequently Asked Questions
What type of property is this?
Auto shop - Operating since 2001, the sale includes 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 operating since 2001; Sale includes the building, equipment, and inventory; Trade name and phone number included
