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4000 E 106th St
Chicago, IL 60617
O'Reilly Auto Parts · Retail Property For Sale


Investment Highlights
- Attractive Rent Increases
- Strategic Retail Location
- Excellent Visibility, Signage & Access
- Minimal Landlord Responsibilities
- Strong Credit Tenant
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase O’Reilly Auto Parts, a single tenant retail investment property located at 4000 E 106th Street in Chicago, IL (the “Property”). O’Reilly Auto Parts has been at this location since 2013 and has just under 7 years remaining on their original 20-year lease with four (4) 5-year renewal options. The lease includes attractive 7% rental increases every five years throughout the primary lease term and at the start of each renewal option period. O’Reilly Auto Parts occupies a highly visible corner location at the intersection of S. Avenue B and E. 106th Street, a primary commercial and commuter corridor within Chicago’s East Side neighborhood. The Property benefits from strong traffic counts, excellent frontage, and convenient access in a well-established retail trade area. Situated just off S. Indianapolis Avenue and surrounded by a mix of national and local retailers, restaurants, and service providers, the site draws from consistent daily consumer traffic generated by the surrounding commercial density and mature residential base. The Property also offers exceptional regional connectivity, with immediate access to U.S. Routes 20 and 41 and Interstate 90 located approximately 0.3 miles to the east, providing direct linkage to Downtown Chicago, the broader Chicagoland MSA, and major northern Indiana employment centers. Additionally, the site is located less than two miles from Horseshoe Hammond (Caesars), a significant regional entertainment and gaming destination that attracts substantial year-round traffic. With its infill urban location, strong surrounding demographics, and proximity to major infrastructure and destination drivers, the Property is well positioned to support durable tenant performance and long-term investment stability.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,150 SF
Building Class
C
Year Built
2012
Price
$2,509,440
Price Per SF
$350.97
Cap Rate
6.25%
NOI
$156,840
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.83 AC
Zoning
C1-1
Property Taxes
| Parcel Number | 26-08-408-033-0000 | Improvements Assessment | $113,330 |
| Land Assessment | $90,445 | Total Assessment | $203,775 |
Property Taxes
Parcel Number
26-08-408-033-0000
Land Assessment
$90,445
Improvements Assessment
$113,330
Total Assessment
$203,775
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