Commercial Real Estate in Elburn available for sale
Elburn 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale within 50 kilometers of Elburn, IL, USA

More details for 129 E Locust St, Dekalb, IL - Office for Sale

Dekalb Office - Retail - 129 E Locust St

Dekalb, IL 60115

  • 1031 Exchange Property
  • Office for Sale
  • $345,625 CAD
  • 2,460 SF
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More details for 2900 Ogden Ave, Lisle, IL - Office for Sale

2900 Ogden Ave

Lisle, IL 60532

  • 1031 Exchange Property
  • Office for Sale
  • $8,225,875 CAD
  • 38,931 SF
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More details for 7351 Lemont Rd, Downers Grove, IL - Retail for Sale

Re-Priced PNC Bank Ground Lease High Deposits - 7351 Lemont Rd

Downers Grove, IL 60516

  • 1031 Exchange Property
  • Retail for Sale
  • $4,700,500 CAD
  • 3,200 SF
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More details for 700 W Irving Park Rd, Bensenville, IL - Retail for Sale

Re-Priced CVS with AutoZone Chicago IL - 700 W Irving Park Rd

Bensenville, IL 60106

  • 1031 Exchange Property
  • Retail for Sale
  • $5,270,090 CAD
  • 10,941 SF

Bensenville Retail for Sale - O'Hare

HMX Realty Advisors exclusively presents for sale a rare opportunity to acquire a property featuring a restructured absolute triple net lease with CVS, an investment-grade tenant (NYSE: CVS), further enhanced by a sublease with AutoZone, a leading auto parts retailer. This structure offers an exceptionally secure and predictable income stream for the next 17 years, mitigating typical retail investment risks. CVS entered a new 20-year lease in 2022 in exchange for a significant rent reduction. Key Advantages: Investment-Grade Security: While the property is currently occupied by AutoZone, the primary lease obligation rests with CVS, a Fortune 500 company. This provides a substantial layer of financial security, as CVS remains contractually bound to the lease, regardless of AutoZone's occupancy. This eliminates the risk of vacancy or tenant turnover typically associated with single-tenant properties. Think of it as having the stability of CVS as your tenant, even with the benefit of AutoZone's daily operations. De-risked Retail Investment: Unlike traditional retail investments, where tenant closures are a concern, this property has already navigated that potential challenge. CVS strategically subleased the location to AutoZone after getting a significant rent reduction and more lease term. This proactive approach by CVS effectively de-risks the investment for you. Strong Location & Market: The property is situated in a high-traffic area in Bensenville, near O'Hare International Airport, and benefits from the strong retail presence of nearby Walgreens. This prime location contributes to the success of AutoZone and reinforces the long-term value of the real estate. Attractive Entry Point: The current rental rate of $194,450 per year reflects a strategic rent reduction negotiated by CVS in conjunction with their 20-year lease extension. This creates an attractive entry point for investors seeking a stable, long-term return with no management responsibilities whatsoever. Unique Investment Narrative: This property offers a compelling narrative – a secure, long-term lease with an investment-grade tenant, enhanced by a successful sublease to a well-established retailer. This unique structure allows for a lower cap rate justification, reflecting the reduced risk profile compared to typical retail investments. The property is very close to O’Hare International Airport in Chicago, one of the busiest airports in the United States. There are many shipping and warehousing uses nearby which service the airport and give this area a significant daytime population. Retailers in the immediate area include PB, Popeye’s, Dunkin Donuts, Speedway, UPS, Burger King, Shell, Walgreens and McDonald’s.

Contact:

HMX1031.COM - NETLEASENAVIGATOR.COM

Property Subtype:

Freestanding

Date on Market:

2025-02-26

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More details for 1767 W Ogden Ave, Naperville, IL - Retail for Sale

Jewel-Osco | Naperville IL - 1767 W Ogden Ave

Naperville, IL 60540

  • 1031 Exchange Property
  • Retail for Sale
  • $20,165,892 CAD
  • 65,083 SF
  • Restaurant

Naperville Retail for Sale - Western East/West Corr

This passive net-lease opportunity offers a qualified buyer the chance to invest in a leading, national tenant, with a long-term absolute net lease in a highly desirable Chicago neighborhood. This location has incredibly strong store sales and an extremely low rent-to-sales ratio, please call agent for more details! JEWEL-OSCO Jewel-Osco is Illinois' leading supermarket chain with 189 locations primarily within the Chicago MSA and additional locations throughout Iowa and Indiana. Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share. Jewel has operated as a subsidiary of Albertsons (NYSE:ACI) since 1999. NAPERVILLE, ILLINOIS Nestled within the Chicago Metropolitan Statistical Area (MSA), Naperville combines the charm of a close-knit community with the dynamic energy of a major metro region. As one of the largest suburbs of Chicago, Naperville benefits from easy access to world-class business opportunities, a highly skilled workforce, and the cultural richness of a globally renowned city. With top-rated schools, a vibrant downtown, and proximity to Chicago’s economic hub, Naperville offers an ideal balance of suburban comfort and urban convenience. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

Contact:

NNN Investment Group of Marcus & Millichap

Property Subtype:

Storefront

Date on Market:

2024-11-18

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More details for 123 Orchard -1, Oswego, IL - Land for Sale

123 Orchard -1

Oswego, IL 60543

  • 1031 Exchange Property
  • Land for Sale
  • $366,147 - $1,575,398 CAD
  • 0.76 - 1.33 AC Lots
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More details for Thornton's, Kildeer, IL - Retail for Sale

Brand New 20 Yr. Ground Lease- Large Parcel - Thornton's

Kildeer, IL 60074

  • 1031 Exchange Property
  • Retail for Sale
  • $10,748,938 CAD
  • 5,900 SF
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