Oreilly Auto Parts Nasdaq Orly Chicago Msa Strong… — Sale in South Elgin (Chicago Msa), IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: South Elgin (Chicago Msa), IL 60177

Investment Figures

Cap rate
5.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

South Elgin is a growing suburban community located in Kane County approximately 40 miles west of downtown Chicago, positioned within the highly desirable Fox Valley corridor. The village benefits from strong regional connectivity via Illinois Route 31, U.S. Route 20, Randall Road, and convenient access to Interstate 90, providing direct connectivity to the greater Chicago metropolitan area and O’Hare International Airport. South Elgin is part of the robust Elgin–St. Charles–Geneva trade area, one of the most established and affluent suburban submarkets in Chicagoland. The community features a strong residential base characterized by stable home values, quality school districts, and consistent population growth driven by families and professionals seeking suburban living with convenient urban access. Average household incomes within the surrounding 3–5 mile radius exceed regional averages, supporting strong consumer spending fundamentals. Retail demand in the corridor is anchored by national tenants along the Randall Road retail corridor, including major grocers, home improvement retailers, fitness concepts, quick service restaurants, and service-oriented businesses. The area benefits from a diversified employment base supported by healthcare, manufacturing, logistics, professional services, and education sectors throughout Kane and DuPage Counties. South Elgin’s strategic location within Chicago’s western growth corridor, combined with continued residential development and sustained retail demand, provides a stable and attractive long-term investment environment supported by strong demographic fundamentals and consistent consumer traffic. Investment Highlights: • Corporate Long Term Lease with 9+ Years Remaining featuring Favorable Rental Increases at Each Option. • Positioned Along Area's Retail & Traffic Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 17k Vehicles. • Densely Populated and Affluent Area: Features an Aver

Market Context

This retail in South Elgin (Chicago Msa), IL is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in South Elgin (Chicago Msa), IL — view the full market.

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