Cicero Freestanding Advance Auto
6101 W Ogden Ave Cicero, IL
6101 W Ogden Ave, Cicero, IL, 00000
Contact for pricing
For Sale
Contact for pricing
Freestanding single-tenant Advance Auto location with long-term operating history.
Property Size6,901 SF
Lot Size0.37 Acres
Price / SF$295.74
Days on Market285
Property Features for 6101 W Ogden Ave
General Information
- Standard status
- Active
- Size
- 6,901 SF
- Lot size
- 0.37 Acres
- Property subtype
- RETAIL
Listing agency
Colliers | Chicago Rosemont
(847) 698-8209
Listed by
Peter Block · License #471002226
(312) 343-1800
Source
Moodyscre
Added: Oct 10, 2025 Updated: Jul 6 at 10:17AM Checked: Jul 21 at 3:07AM
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 Colliers | Chicago Rosemont
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.1k | $21.60 |
| − Vacancy | −$12.2k | −$1.77 |
| EGI | $136.8k | $19.83 |
| − OpEx | −$41.1k | −$5.95 |
| NOI | $95.8k | $13.88 |
6,901 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.60M
NOI $95,787 @ 7.0% cap · market cap 4.69%
Second Best
Industrial
$424.4K
$371.3K – $495.1K
NOI $29,706 @ 7.0% cap · market cap 1.46%
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,782 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Premium Window Tints — 3614 S 61st Ct, Cicero, IL 60804
- Midas — 6601 Ogden Ave, Berwyn, IL 60402
- Dent Chief LLC — 3522 Scoville Ave, Berwyn, IL 60402
- Davila Bros Window Tinting — 3614 S 61st Ct, Cicero, IL 60804
- Ron's R&B Autobody — 6507 Ogden Ave, Berwyn, IL 60402
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 6101 W Ogden Ave Cicero, IL.
What is the asking price?
The asking price for this property is $2,040,889.
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.
