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30050889
30050890

6445 W 111th St, Worth, IL 60482

PB
IL 471002226
Colliers - Rosemont, Illinois
ZO
IL IL475.209026
Colliers - Rosemont, Illinois
Listed by Colliers - Rosemont, Illinois
$2,666,666
96 days on market
Updated 3 days ago

Worth Car Care Center - Worth, IL

Details
APN 24-19-239-001& 24-19-239-008
Property Type Retail
Sub Type Auto Shop
Square Footage 15,000
Cap Rate 6.57%
NOI $175,157
Tenancy Multi
Price per SqFt $178
Year Built 1987
Buildings 1
Stories 1
Acreage 1.150
Investment Type Owner/User

Retail | 6.57% CAP | 15,000 SqFt

Marketing description

Property Website: https://platform.altrio.com/exchange/colliers-chicago-retail/6445-6495-w-111th-worth-il-60482

Colliers Net Lease Investment Group is pleased to present the exclusive offering of the Worth Car Care Center, a stabilized, multi-tenant automotive service property located at 6445 W. 111th Street in Worth, Illinois. The Property is fully leased to six automotive service tenants, creating a unique, purpose-built automotive service center. The center is positioned along a heavily trafficked suburban commercial corridor with strong visibility and direct access to Interstate 294, providing excellent regional connectivity throughout the southwest Chicago suburbs.

Investment highlights

Strategic Location

•Strong access and visibility near I-294

•Positioned within an established automotive and service corridor, surrounded by complementary uses

Strong Investment Fundamentals

•Fully leased to six automotive service tenants

•Strong in-place income

•Fee simple ownership of a 1.15-acre parcel with specialized automotive improvements.

Offering

Listing Contacts

PB
IL 471002226
Colliers - Rosemont, Illinois
ZO
IL IL475.209026
Colliers - Rosemont, Illinois
Listed by Colliers - Rosemont, Illinois

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$175,157.00
$14,596.42/mo

Valuation Metrics

0
DSCR
6.57%
Cap Rate
6.57%
ROI

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Additional Information

Name
Peter Block
License
471002226
Name
Zach Ofner
License
IL475.209026
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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