Description
Mavis Tires & Brakes property offered for sale at 1002 Brook Forest Avenue in Shorewood, Illinois, for $4,094,000. Approximately 8,082 SF on 0.86 acres, built in 2006, in the Chicago-Naperville-Elgin market. Source advertises a 7.25% capitalization rate and an absolute NNN lease through May 2031, with three five-year extension options and CPI-based increases every five years capped at 12%. Those terms, tenant obligations, rent and underwriting require verification from current lease and financial documents. Located at Shorewood Crossing near I-55. Loan-assumption availability and terms are subject to lender approval; no financing or investment performance is guaranteed. Main listing broker Chris Kostanecki of CP Partners.
Offering Summary
- Asking Price$4,094,000
- Property TypeRetail
- Size8,082 SF
- Built2006
- Total Acres~0.86 ac
Sale Details
- Cap Rate7.25%
Documents
Property Address
1002 Brook Forest Avenue
Shorewood, IL 60404
Property Details
- Property Type
Retail - Gross Leasable Area
8,082 SF - Year Built
2006 - Acres
0.86
Deal Team



