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Investment Highlights

  • Class 8 RE Tax Incentive!
  • Strong Tenants w/Long Term Leases in Place!
  • Located on Busy 159th Street!
  • Brand New Roof - 6/2026!
  • Gated Yard for more Security!

Executive Summary

Maximize your retail investment potential with this exceptional property in the prime Chicago Commercial Real Estate Market area. BRAND NEW ROOF & CLASS 8 RE TAX INCENTIVE IN PLACE and TRANSFERRABLE!!! 8,831 SF building with 2 units, this property presents a compelling opportunity for retail and street retail investors. Built in 1983 and currently at 100% occupancy, this prime asset offers strong leasing potential and a solid income stream. With a strategic location and high visibility, this property is perfectly positioned to capitalize on the robust economic activity in the area. Don't miss out on the chance to acquire a coveted position in this esteemed retail hub.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,831 SF
Building Class
C
Year Built
1983
Price
$1,285,000
Price Per SF
$145.51
Cap Rate
6.49%
NOI
$83,338
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.74 AC
Zoning
C2 - Business/Commercial - General Service Commercial District (confirm exact zoning with village)
Parking
40 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
80’ on 159th St

Amenities

  • Signage
  • Monument Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

De Re Tire & Auto is proud to serve the tire and automotive repair needs of customers throughout Chicago’s South Suburbs. As a NAPA AutoCare Center and TIA-certified tire dealership, they are your car care partner, with four convenient, full-service auto repair and tire sales

  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Parts Authority began in 1973 and has grown from a New York-based aftermarket parts business into a national distributor. The company focuses on automotive replacement parts, tools, equipment, transmissions, and accessories for the aftermarket industry. Parts Authority serves commercial customers through service centers, jobbers, fleets, and national accounts, while also supporting e-commerce orders. The company also emphasizes sourcing from original equipment manufacturers and aftermarket suppliers, and its product catalog covers a broad range of vehicle applications.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Nearby Major Retailers

Huntington Bank
Anytime Fitness
Dotty's
Heartland Bank & Trust Company
HBT Financial
Jazzercise
The Original Pancake House

Property Taxes

Property Taxes

Parcel Number
28-17-416-002-0000
Land Assessment
$24,210
Improvements Assessment
$38,890
Total Assessment
$63,100
  • Listing ID: 41117389

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 5736-5740 159th St, Oak Forest, IL 60452

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