Property summary
This exceptional investment opportunity presents a two-unit Jiffy Lube portfolio ideally situated in Homer Glen and West Chicago, Illinois. Both locations boast long-term, 100% occupancy with the Homer Glen unit built in 1997 and the West Chicago unit in 2005. The combined portfolio encompasses 5,389 square feet across two buildings, situated on a total of 2.21 acres of land. The asking price is $3,250,000, translating to $603.08 per square foot. These strategically located properties benefit from strong demographics, with over 110,000 residents within a five-mile radius of Homer Glen and over 137,000 residents within a five-mile radius of West Chicago. Homer Glen's location offers an average annual household income exceeding $164,659 within a one-mile radius and $138,355 within a five-mile radius. The West Chicago location enjoys a high-traffic position along North Avenue and near Neltnor Boulevard, with combined traffic counts exceeding 64,500 vehicles daily. Both locations are approximately 32-33 miles from downtown Chicago, providing convenient access to a major metropolitan area. This owner-user investment presents a rare opportunity to acquire a well-established, high-performing portfolio in a thriving market. The properties are individually located at 12554 W 159th St, Homer Glen, IL 60491 and 137 North Ave, West Chicago, IL 60185.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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