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Property profile & analytics
FOR SALE
Auto shops

5840 Ogden Ave Cicero, IL 60804

18,620 SF Built 1967
Entity Owned 1-yr Hold
Property ID
US28-5888922
Property summary
AI-generated overview

This property features a brand new 15-year NNN corporate lease with Gerber Collision and Glass, part of The Boyd Group Inc., one of the largest collision repair networks in the United States with over 1,140 locations. The lease provides low-maintenance, long-term passive income. Located on Ogden Avenue, a major commercial corridor in Southwestern Chicago, the site offers strong visibility, easy access, and proximity to residential neighborhoods and regional thoroughfares. The suburban Chicago market is strong, with diverse economic drivers, high population density, and solid household incomes, supporting steady demand for automotive collision repair services and making this a reliable long-term investment. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@ MarcusMillichap.com Lic #: 471.011175

Property profile
Verified
Property type Auto shops
Year built 1967
Total area 18,620 SF
UPID US28-5888922
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Ld Cicero LLC · 1 yrs held
Ld Cicero LLC
since 2025
1 recorded transaction
2025
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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