Contacts

Property Details
- Property Type Other
- Lot Size 0.56 SF
- Year Built 1987
- Year Renovated 2025
- Date Updated Jun 11, 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.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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Location
- City Hanover Park, IL
- Zip Code 60133
- Market Chicago
Points of Interest
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Bartlett
2.12 miles
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Elgin
7.45 miles
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Palatine
8.97 miles
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West Chicago
9.03 miles
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Wood Dale
9.33 miles
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Winfield
9.42 miles
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Arlington Park
9.43 miles
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Wheaton
9.94 miles
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College Avenue
9.95 miles
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Arlington Heights
9.98 miles
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Shell
0.16 miles
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BP
0.43 miles
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Walmart
0.55 miles
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SNK Fuels
0.69 miles
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B&G Citgo
1.41 miles
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Thorntons
1.83 miles
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Mobil
1.92 miles
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Marathon
1.93 miles
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Electrify America
3.82 miles
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Tesla Supercharger
4.22 miles
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'
2.08 miles
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Metra Permit Parking
2.27 miles
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Metra Daily Parking
2.29 miles
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Hawk Hollow
3.27 miles
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Jewel-Osco Parking Lot
3.49 miles
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Pace I-90 / Barrington Road Park-n-Ride
4.30 miles
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TRUMPF Smart Factory
4.44 miles
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Bell Works Chicagoland
4.65 miles
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Bell Works Chciagoland
4.73 miles
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2nd Lot: Additional Student Parking
4.92 miles
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Extended Stay America
2.08 miles
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Holiday Inn Express
2.74 miles
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Quality Inn Hoffman Estates
3.90 miles
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Country Inn & Suites Hoffman Estates
3.91 miles
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Hyatt Place Hoffman Estates
3.95 miles
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Red Roof Inn Hoffman Estates
3.97 miles
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Hampton Inn & Suites
4.11 miles
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Hawthorn Suites Hoffman Estates
4.12 miles
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Hilton Garden Inn Hoffman Estates
4.35 miles
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Indian Lakes Hotel
4.48 miles
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Tony's Fresh Market
0.18 miles
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ALDI
0.47 miles
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Walmart Supercenter
0.65 miles
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Target
1.18 miles
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Jewel-Osco
1.20 miles
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Star Foods
1.37 miles
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Kohl's
1.53 miles
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Angelo Caputo's Fresh Markets
1.98 miles
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Mariano's Fresh Market
2.72 miles
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Marshalls
2.85 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.