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Midlothian, IL - Take 5 Oil Change

$2,500,000

14701 S Cicero Ave, Midlothian, IL 60445

Active
Last Updated: 02/12/2026

6

Cap Rate

150,000

NOI

Details:
Cap Rate:    6%
NOI:    $150,000
Building Size:    3,000 sqft
Lot Area:    0.52 acres
Year Built:    1989
Zoning:    B3: Community Commercial
Year Last Renovated:    2020
Description:

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire a leased fee interest (land ownership) in an absolute NNN leased, Take 5 Oil investment property located in Midlothian, Illinois. The tenant, TWO Oil 5, LLC signed a 15-year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

The Take 5 Oil Change is located along S. Cicero Avenue, a major north–south retail and commuter corridor serving the southern Chicago suburbs, with exposure to 38,300 vehicles per day. The property also benefits from close proximity to 147th Street / State Highway 83 (19,600 VPD) and Interstate 294 (75,100 VPD), providing exceptional regional connectivity and accessibility throughout the Chicago metropolitan area. The subject property is positioned within a dense and established retail corridor surrounded by a strong mix of national and credit tenants including Walmart Supercenter, Target, Menards, Aldi, Walgreens, Dunkin’, Taco Bell, Popeyes, Dollar Tree, Dollar General, McDonald’s, and numerous other retailers and service providers. The area functions as a dominant commercial hub for Midlothian and surrounding communities, driving consistent daily traffic to the site. Additionally, the property benefits from its infill location within the Chicago–Naperville–Elgin MSA, one of the largest and most economically diverse metropolitan markets in the United States. The five-mile trade area is supported by approximately 230,600 residents, with average household incomes approaching $100,000, providing a strong demographic base for automotive service demand and long-term tenant performance.

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