4000 E 106th St - Freestanding FOR SALE


Chicago, IL 60617- East Side
$2,509,440 USD
312-548-6822
4000 E 106th St, Chicago, IL for Sale
$2,509,440 USD
Freestanding - FOR SALE
1/6
null | 6.25% Cap Rate

4000 E 106th St
Chicago, IL 60617
East Side


HIGHLIGHTS

  • Attractive Rent Increases
  • Minimal Landlord Responsibilities
  • Strategic Retail Location
  • Strong Credit Tenant
  • Excellent Visibility, Signage & Access
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase O’Reilly Auto Parts, a single tenant retail investment property located at 4000 E 106th Street in Chicago, IL (the “Property”). O’Reilly Auto Parts has been at this location since 2013 and has just under 7 years remaining on their original 20-year lease with four (4) 5-year renewal options. The lease includes attractive 7% rental increases every five years throughout the primary lease term and at the start of each renewal option period. O’Reilly Auto Parts occupies a highly visible corner location at the intersection of S. Avenue B and E. 106th Street, a primary commercial and commuter corridor within Chicago’s East Side neighborhood. The Property benefits from strong traffic counts, excellent frontage, and convenient access in a well-established retail trade area. Situated just off S. Indianapolis Avenue and surrounded by a mix of national and local retailers, restaurants, and service providers, the site draws from consistent daily consumer traffic generated by the surrounding commercial density and mature residential base. The Property also offers exceptional regional connectivity, with immediate access to U.S. Routes 20 and 41 and Interstate 90 located approximately 0.3 miles to the east, providing direct linkage to Downtown Chicago, the broader Chicagoland MSA, and major northern Indiana employment centers. Additionally, the site is located less than two miles from Horseshoe Hammond (Caesars), a significant regional entertainment and gaming destination that attracts substantial year-round traffic. With its infill urban location, strong surrounding demographics, and proximity to major infrastructure and destination drivers, the Property is well positioned to support durable tenant performance and long-term investment stability.

FOR SALE DETAILS

PRICE

$2,509,440 USD

PRICE/SF

$351 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O'Reilly Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

C1-1

APN/PARCEL ID

26-08-408-033-0000

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.