Map of Property

Mavis Tires & Brakes

For Sale

1002 Brook Forest Avenue, Shorewood, IL 60404

This Shorewood property for sale is located at 1002 Brook Forest Avenue. The current listed sale price for Mavis Tires & Brakes is $4,094,000. Mavis Tires & Brakes is situated on a lot that is 0.86 acre in size.

Contacts

Chris Kostanecki

CP Partners

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,082 SF
  • Lot Size 0.86 Acre
  • Property Tenancy Single Tenant
  • Year Built 2006
  • Date Updated Jun 29, 2026
For sale is a freestanding Mavis Tires & Brakes operating under an absolute NNN lease structure, offering investors passive income with built-in inflation protection through CPI-based rent escalations. The subject property is located in a growing suburb of Chicago, and is outparcel to the Shorewood Crossing shopping center, which features daily needs retailers such as a Mariano’s grocery store, Marshalls, Orange Theory fitness, and Taco Bell.
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Highlights

  • Absolute NNN lease structure – tenant is responsible for all maintenance, repairs, taxes, insurance, and operating expenses, providing a truly passive investment
  • Average household incomes exceed $135,000 within a 3-mile radius of the subject property
  • CPI-based rental increases every 5 years, capped at 12%, offering built-in inflation protection and income growth potential
  • Essential service-oriented tenant in the automotive repair sector, benefiting from recurring consumer demand and limited e-commerce disruption
  • Excellent accessibility to major roadways, include I-55 and regional arterial routes connecting to downtown Chicago and surrounding suburbs
  • Located approximately 43 miles southwest of downtown Chicago in the affluent community of Shorewood
  • Positioned within a well-trafficked commercial corridor with nearby national retailers, service users, and daily-needs businesses
  • The current lease term runs through May 2031, and the tenant has three, 5-year extension options
  • The existing loan can be assumed and offers a below market interest rate of 5.92% (See page 6 for details)
  • The subject property, formerly a NTB, has operated as a tire store for ~20 years and has an established customer base

Attachments

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Location

  • City Shorewood, IL
  • Zip Code 60404
  • Market Chicago

Points of Interest

  • Joliet

    6.29 miles

  • Speedway

    0.20 miles

  • Murphy USA

    0.62 miles

  • BP

    1.25 miles

  • Citgo

    1.59 miles

  • Thornton's

    2.14 miles

  • Thorntons

    2.81 miles

  • Shell

    3.40 miles

  • Plainfield Village Hall and Settlers' Park - Parking Lot

    4.79 miles

  • Medical Center Parking

    4.80 miles

  • Pace Plainfield Park-N-Ride

    5.60 miles

  • Chicagoland Speedway Handicapped Parking

    8.36 miles

  • Taco Bell

    0.07 miles

  • Matty's Grill Pancake House

    0.08 miles

  • Chili's

    0.08 miles

  • Domino's

    0.09 miles

  • Dunkin'

    0.10 miles

  • Which Wich?

    0.12 miles

  • En Lai on 59

    0.13 miles

  • Wendy's

    0.17 miles

  • Jimmy John's

    0.17 miles

  • Pepe's Mexican Restaurant

    0.18 miles

  • Mariano's Fresh Market

    0.18 miles

  • ALDI

    0.32 miles

  • Target

    0.32 miles

  • Walmart Supercenter

    0.60 miles

  • Jewel-Osco

    1.17 miles

  • Tony's Fresh Market

    1.64 miles

  • Kohl's

    1.98 miles

  • Gordon Food Service

    2.60 miles

  • Louis Joliet Mall

    3.08 miles

  • JCPenney

    3.10 miles

Contact Listing Broker
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