5840 W Ogden Ave - Warehouse FOR SALE


Cicero, IL 60804
$3,579,300 USD
818-907-9525
5840 W Ogden Ave, Cicero, IL for Sale
$3,579,300 USD
Warehouse - FOR SALE
1/5
null | 5.8% Cap Rate

5840 W Ogden Ave
Cicero, IL 60804


HIGHLIGHTS

  • BRAND NEW 15 YEAR NNN CORPORATE LEASE: The newly executed 15-year NNN lease minimizes ownership costs, making this property ideal for passive income
  • STRONG CORPORATE TENANT: Gerber Collision(The Boyd Group) is one of the largest collision repair networks in the U.S., with over 1,140 locations
  • ESSENTIAL INDUSTRY: Gerber’s nationwide footprint and insurance relationships support tenancy stability and long-term demand
  • STRATEGICALLY LOCATED MAJOR COMMERCIAL CORRIDOR: Ogden Ave is a key transportation artery with strong visibility across Southwestern Chicago
  • MARKET STRENGTH: The suburban Chicago market remains robust with diverse economic drivers, significant population density, and strong HH incomes

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

FOR SALE DETAILS

PRICE

$3,579,300 USD

PRICE/SF

$191 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New 15-Yr NNN Gerber Collision - Cicero

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Freestanding, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

21 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.53

LAND SF

66,647

ZONING

WC, Cicero

APN/PARCEL ID

16-32-201-003-0000,16-32-201-005-0000,16-32-201-006-0000

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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