6455 111th St, Worth, IL 60482-1635
This exceptional 14,400 square foot automotive strip plaza in Worth, Illinois, presents a compelling investment opportunity. Situated on the highly visible 111th Street corridor, experiencing over 27,000 vehicles daily, this property boasts six fully leased units, each featuring multiple drive-in doors. The current tenants provide a stable income stream, contributing to a strong 8% cap rate, further enhanced by annual lease escalations ensuring consistent income growth. The property operates under a triple net lease (NNN) structure, minimizing landlord responsibilities and maximizing investor returns. Its prime location within a thriving commercial area makes it ideally suited for automotive-related businesses and offers significant upside potential through future lease renegotiations or strategic improvements. This fully leased asset offers a rare chance to acquire a high-performing commercial property with excellent visibility and strong cash flow, making it an attractive addition to any investment portfolio. The property's location and tenant mix provide a solid foundation for long-term value appreciation and consistent rental income. This is a turnkey investment opportunity for those seeking a stable and profitable commercial real estate asset.
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N & A Auto Service Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.