Retail | 7.70% CAP | 4,182 SF

1655 Irving Park Rd, Hanover Park, IL 60133

  • For Sale $1,493,506
  • Property Type Other
  • Lot Size 0.56 SF
  • Year Built 1987
  • Year Renovated 2025
  • Date Updated Jun 12, 2025

Colliers Net Lease Investment Group is pleased to present to qualified investors the opportunity to acquire a 100% fee interest in a newly remodeled Meinke location in the Chicago MSA. This is a chance to acquire a recession-proof single-tenant net lease with a good operating history and a growing franchisee. Meineke is one of the leading brands in auto-maintenance and repair and is now under the Driven Brands umbrella.
This 4,182-square-foot property is located on Irving Park Road (I-19) just west of Barrington Road. The property sits at the hub of the Hanover Park retail corridor, surrounded by retail and residential.
Irving Park Road brings 23,000+ people by the property daily and the Intersection at Barrington Road has 30,700+. There are over 18,900+ people within 1 mile and 119,000+ people within 3 miles of the store.
The single-tenant building is leased for a 15 year term and is offered at $1,493,506, corresponding to a 7.70% cap rate.

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Attachments

Contacts

broker
Peter Block
broker
Zach Ofner

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Hanover Park, IL
  • Zip Code 60133
  • Market Chicago

Points of Interest

  • Bartlett

    2.12 miles

  • Elgin

    7.45 miles

  • Palatine

    8.97 miles

  • West Chicago

    9.03 miles

  • Wood Dale

    9.33 miles

  • Winfield

    9.42 miles

  • Arlington Park

    9.43 miles

  • Wheaton

    9.94 miles

  • College Avenue

    9.95 miles

  • Arlington Heights

    9.98 miles

  • Shell

    0.16 miles

  • BP

    0.43 miles

  • Walmart

    0.55 miles

  • SNK Fuels

    0.69 miles

  • B&G Citgo

    1.41 miles

  • Thorntons

    1.83 miles

  • Mobil

    1.92 miles

  • Marathon

    1.93 miles

  • Electrify America

    3.82 miles

  • Tesla Supercharger

    4.22 miles

  • '

    2.08 miles

  • Metra Permit Parking

    2.27 miles

  • Metra Daily Parking

    2.29 miles

  • Hawk Hollow

    3.27 miles

  • Jewel-Osco Parking Lot

    3.49 miles

  • Pace I-90 / Barrington Road Park-n-Ride

    4.30 miles

  • TRUMPF Smart Factory

    4.44 miles

  • Bell Works Chicagoland

    4.65 miles

  • Bell Works Chciagoland

    4.73 miles

  • 2nd Lot: Additional Student Parking

    4.92 miles

  • Extended Stay America

    2.08 miles

  • Holiday Inn Express

    2.74 miles

  • Quality Inn Hoffman Estates

    3.90 miles

  • Country Inn & Suites Hoffman Estates

    3.91 miles

  • Hyatt Place Hoffman Estates

    3.95 miles

  • Red Roof Inn Hoffman Estates

    3.97 miles

  • Hampton Inn & Suites

    4.11 miles

  • Hawthorn Suites Hoffman Estates

    4.12 miles

  • Hilton Garden Inn Hoffman Estates

    4.35 miles

  • Indian Lakes Hotel

    4.48 miles

  • Burger King

    0.05 miles

  • McDonald's

    0.17 miles

  • Taco Bell

    0.30 miles

  • KFC

    0.38 miles

  • Popeyes

    0.40 miles

  • Portillo's

    0.50 miles

  • Egg Basket Pancake House

    0.60 miles

  • Nana's Hot Dogs

    0.61 miles

  • Giordano's Pizzeria

    0.74 miles

  • Sonic

    1.03 miles

  • Laurel Hill Elementary School

    0.18 miles

  • Parkwood Elementary School

    0.60 miles

  • Hanover Highlands Elementary School

    0.61 miles

  • Anne Fox Elementary School

    0.72 miles

  • Albert Einstein Elementary School

    0.85 miles

  • Tefft Middle School

    0.98 miles

  • Sunnydale Elementary School

    1.02 miles

  • Ontarioville Elementary School

    1.08 miles

  • Heritage Elementary School

    1.30 miles

  • Jane Addams Junior High School

    1.44 miles

  • Safari Childcare

    1.99 miles

  • KinderCare

    2.35 miles

  • Kinder Care

    2.65 miles

  • Tutor Time

    3.08 miles

  • Academy 4 Kids Child Care Cente

    3.68 miles

  • Advance Preschool

    3.75 miles

  • Learning Experience Childcare

    4.33 miles

  • Primrose School

    4.65 miles

  • Kindercare

    5.82 miles

  • The Learning Tree Childcare

    6.35 miles

Frequently Asked Questions

How much does Retail | 7.70% CAP | 4,182 SF cost?

The space currently listed for sale at Retail | 7.70% CAP | 4,182 SF asks for $1,493,506.

What is the total square footage of Retail | 7.70% CAP | 4,182 SF?

Retail | 7.70% CAP | 4,182 SF totals 4,182 square feet.

When was this property built?

Retail | 7.70% CAP | 4,182 SF was built in 1987.

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Contact Retail | 7.70% CAP | 4,182 SF
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