7606 W Touhy Ave 8,900 SF Retail Building Chicago, IL 60631 $3,178,000 ($357.08/SF) 7.33% Cap Rate

7606 W Touhy Avenue presents the opportunity to acquire a single-tenant net leased retail asset occupied by Caliber Collision, one of the nation's largest collision repair operators. Located in Chicago's Edison Park neighborhood, the property benefits from a long operating history, corporate tenancy, and a location within a mature infill trade area characterized by established residential neighborhoods, strong household incomes, and limited new retail development.
The property consists of an approximately 8,900-square-foot building situated on 0.76 acres along Touhy Avenue, a major east-west corridor carrying approximately 19,700 vehicles per day. The asset is positioned near Park Ridge and approximately 6.5 miles from O'Hare International Airport, providing connectivity to one of the Chicago area's most significant transportation and employment centers. The surrounding area includes a mix of retail, residential, hospitality, and service-oriented uses that support long-term consumer activity and business demand.
Caliber Collision operates under a corporate guaranty and maintains a national footprint of more than 1,700 locations across 41 states. The property is leased on a net lease structure with approximately 4.5 years of remaining lease term and two five-year renewal options. Recent capital improvements include a parking lot sealcoat and striping completed in 2025 and a new roof completed in 2026. The combination of an established tenant, recent property improvements, strong demographic characteristics, and an infill Chicago location positions the asset as a stabilized investment opportunity