Lincoln Technical Institute

8317 W North Ave, Melrose Park, IL 60160

Property Information

  • For Sale $19,480,000
  • Property Type Other
  • Property Size 87,501 SF
  • Lot Size 9.1 Acre
  • Cap Rate % 6.85
  • Parking Spaces Avail. 550
  • Parking Ratio 6.29 / 1,000 SF
  • Date Updated Dec 5, 2025

Description

Lincoln Technical Institute is a wholly owned subsidiary of Lincoln Educational Services Corporation (NASDAQ: LINC), a publicly traded company and recognized leader in career-focused education. Founded in 1946, Lincoln has built a national footprint with 22 campuses across 12 states, specializing in hands-on training for high-demand industries. With a market capitalization of approximately $542 million and a stock that has appreciated over 800% in the past five years, Lincoln offers investors a strong and reliable tenant backed by a financially sound guarantor.

CBRE’s Net Lease Property Group – Midwest is pleased to present to qualified investors the opportunity to acquire 100% fee interest in a freestanding Lincoln Technical Institute located in Melrose Park, IL. Lincoln Technical Institute, a subsidiary of publicly traded Lincoln Educational Services Corporation (NASDAQ: LINC), has operated at this Melrose Park location for nearly 25 years and recently committed to a new 10-year lease extension. The lease features a corporate guaranty and healthy 3.50% annual rental escalations. Strategically located on W. North Avenue with traffic counts exceeding 49,000 VPD, the site offers exceptional visibility and access. It sits adjacent to Winston Plaza, a top-performing retail center with over 5 million annual visitors, and is surrounded by more than 3 million square feet of industrial space, including major tenants like Amazon and DHL.

Flood Hazard

According to the flood hazard maps published by the FEMA, the site is within Zone X as indicated on Community Map Panel No. 17031C0389J dated August 19, 2008. Zone X, an area that is determined to be outside the 100-and 500-year floodplains.

Traffic Count

N. North Ave | 41,200 VPD

N. 1st Ave | 32,900 VPD

Contacts

Michael Whisler

CBRE

Kevin Kobe

CBRE

Michael T. Kaider

CBRE

Keegan Barrett

CBRE

Chloe Mayhew

CBRE

Location

Contact Lincoln Technical Institute
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.