Contacts
CBRE
CBRE
CBRE
CBRE
CBRE
Property Details
- 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
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
Reach out to the broker for more info on lease terms and amenities
Getting around
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24/100
Walk Score ®
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38/100
Transit Score ®
-
39/100
Bike Score ®
Location
- City Melrose Park, IL
- Zip Code 60160
- Market Chicago
Points of Interest
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Maywood
1.23 miles
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Elmwood Park
1.63 miles
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Belmont Avenue (Franklin Park)
2.69 miles
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Franklin Park
2.74 miles
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Schiller Park
4.37 miles
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Cicero
5.02 miles
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Rosemont
5.27 miles
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Harlem Avenue
5.38 miles
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Berwyn
5.40 miles
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54th/Cermak
5.42 miles
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Costco Gasoline
0.39 miles
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Delta Sonic
0.39 miles
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BP
0.92 miles
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Marathon
1.17 miles
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Citgo
1.19 miles
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Shell
1.39 miles
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Soofa Solar Phone Charger
2.45 miles
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eVgo
3.95 miles
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Tesla Supercharger
5.13 miles
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ChargePoint
5.26 miles
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West Parking Lot
0.52 miles
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Greenfield Parking Lot
0.52 miles
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Parking Garage
0.53 miles
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Visitors Parking
0.63 miles
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East Parking Lot
0.65 miles
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Visitor Parking
0.75 miles
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Student Parking
0.88 miles
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Cernan Parking
0.93 miles
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Super 8 Chicago/Rosemont/O'Hare/SE
2.35 miles
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Super 8 by Wyndham Chicago Northlake O'Hare South
2.75 miles
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Lido Motel
2.86 miles
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Travel Inn Motel
2.96 miles
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Relax Inn
3.07 miles
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Ambiance Motel
3.22 miles
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Best Western Plus Chicago O'Hare South
3.26 miles
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Comfort Suites Chicago O'Hare Airport
3.72 miles
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Holiday Inn Express
3.76 miles
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New Budget Motel
3.77 miles
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Jewel-Osco
0.52 miles
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Target
0.55 miles
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Marshalls
0.83 miles
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ALDI
0.88 miles
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Fresh Thyme
1.06 miles
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Carnicerias Jimenez Fresh Market
1.45 miles
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Torres Supermercado
1.54 miles
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Food 4 Less
1.70 miles
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Trader Joe's
1.81 miles
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Whole Foods Market
1.87 miles