8717 Ogden Ave Lyons, IL 60534
Property profile & analytics
8717 Ogden Ave Lyons, IL 60534
- Commercial real estate
- 0.09 lot acres
Property ID
US28-2363286
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Auto Glass Now / Auto Repair Shop / (Bike/Boat/Book/etc) Store
Property Details for 8717 Ogden Ave
- Year built
- 1995
- Lot size
- 0.09 lot acres
- Property type
- Commercial real estate
- APN
- 18-02-110-001
- APU
- 1802110001
Description
This exceptional investment opportunity presents a 2,471-square-foot, newly renovated Auto Glass Now! auto shop in Lyons, Illinois. Located on Ogden Avenue, a high-traffic thoroughfare with over 24,000 vehicles per day, this property benefits from its strategic position near major national brands such as Wendy's, Burger King, Family Dollar, 7-Eleven, Walgreens, and Starbucks. The property sits on a 0.37-acre lot and enjoys 100% occupancy under a Net Lease agreement with a corporate guarantee. The current lease with Auto Glass Now!, a subsidiary of the publicly traded Driven Brands, expires January 31, 2029, offering a remaining term of approximately 4.2 years. The lease includes a 10% rent increase every five years, providing built-in growth potential. The asking price is $987,500, representing an 8.00% cap rate and a price per square foot of $399.64. The property generates a Net Operating Income (NOI) of $79,000. Lease options for 3 or 5-year extensions are available. This is a compelling investment opportunity due to its strong tenant, high-traffic location, and attractive financial metrics. The property's proximity to a densely populated residential area further enhances its long-term value. This single-tenant net lease investment offers a stable and predictable income stream with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $730,000
- ML approach
- $750,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lyons
- County
- Cook
- State
- Illinois
- Longitude
- -87.8389
- Latitude
- 41.8161
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,664
$12,150
$688
$12,838
-
$48,600
$2,752
$51,352
