Hoffman Estates Retail for Sale - Central Northwest

Lee & Associates, in conjunction with Bang Realty - Illinois, Inc., is pleased to present a fee-simple, single-tenant Starbucks ground-leased asset located at 2925 Barrington Road in Hoffman Estates, Illinois (Chicago MSA). Constructed in 2024, the 2,225 square-foot freestanding building sits on approximately 1.34 acres. Although the site is currently dark, Starbucks Corporation (NASDAQ: SBUX; S&P: BBB+) continues to pay 100% of base rent and all operating expenses, including taxes, insurance, and capital repairs.

Property Subtype:

Freestanding

Date on Market:

2026-01-29

Pana Retail for Sale

Date on Market:

2026-01-26

Opdyke Retail for Sale

Date on Market:

2026-01-26

Glen Ellyn Retail for Sale - Western East/West Corr

Zoned CB5 Downtown Glen Ellyn ~ New Proposed Construction of a 3 Story Commercial Building ideal for Office/Medical/ Education/Restaurant/Salon or can built to suit your business needs~Lot size is 48X128 with Prime Visibility~Proposed Building size is 7200 Sq Ft , Approximately 2,000 Sq Ft per floor~Possibility for rear overhead door to accmodate storage and shipping needs on the main level~Exterior will be Masonary and Stucco Prairie Style Construction~Impressive space for your Business with the ability to rent space for additional income or to provide customers with an all in one stop ~ Walkability to all of Downtown Glen Ellyn~Metra Station is just a block away~Public parking lot across the street from the building to utilize additional parking~Plan is in for approval with Village~Breaking Ground in 2026

Date on Market:

2026-01-21

Chicago Land for Sale - South Chicago

THE OPPORTUNITY Rare opportunity to acquire a contiguous 15,000 SF footprint at the intersection of the Pilsen and Little Village communities. This 3-parcel package represents the final residential pocket on an established industrial block, offering a turnkey solution for a business needing immediate expansion space. Total Land Area: ±15,000 Sq. Ft. (Contiguous) Asset Mix: (1) 2-Flat, (1) Single-Family Home, (1) Vacant Lot PINs: 16-24-428-006, 16-24-428-007, 16-24-428-025 ZONING & DEVELOPMENT POTENTIAL Zoning Class: M2-3 (Light Industry District) FAR (Floor Area Ratio): 3.0 Build-out Capacity: Up to 45,000 SF of total building density. Permitted Uses: Warehousing, distribution, light manufacturing, and contractor yards. The M2 designation allows for moderate-impact work-related activities to occur outside enclosed buildings. LOGISTICAL HUB Strategically located for "last-mile" operations, this site offers immediate, heavy-truck-route access to: I-55 (Stevenson Expressway) I-90/94 (Dan Ryan Expressway) Location: Minutes from the Illinois Medical District and the Loop. PUBLIC REMARKS This strategic package represents the final residential footprint on an established industrial block. Ideally suited for owner-users requiring fleet parking, equipment storage, or a new industrial flex-space build-out. Properties are being sold exclusively as a single package assembly. Immediate holding income from existing residential units during development planning.

Property Subtype:

Industrial

Date on Market:

2026-01-14

Christopher Retail for Sale

Property Subtype:

Convenience

Date on Market:

2026-01-06

Chicago Multifamily for Sale - South Chicago

Prime owner/user or investor opportunity. Sale/Leaseback option

Property Subtype:

Apartment

Date on Market:

2026-01-05

Tuscola Multifamily for Sale

8 units All, 3 bed 2 baths 7000 sq building coin operated washer/s & Dryer/s All units, individually metered, gas, water, electric 100% occupation Gross rent 73,800k NOI 59k CAP 7.5% Asking 787k Plenty of room to raise rent if you wish.

Property Subtype:

Multi Family

Date on Market:

2025-12-29

West Chicago Industrial for Sale - Western East/West Corr

1280 Powis Road, West Chicago, IL – Industrial Investment or Redevelopment Opportunity Offered for sale, this industrial property at 1280 Powis Road, West Chicago presents a compelling opportunity for both investors and developers. The property is currently occupied by Ruler CDL School under a triple-net (NNN) lease, generating $20,000 per month, providing immediate, stable cash flow with minimal landlord responsibilities. In addition to in-place income, the site offers substantial redevelopment and expansion potential, with the ability to construct up to approximately 40,000 SF of industrial space, suitable for warehousing, logistics, light manufacturing, or owner-user operations in a prime West Chicago industrial corridor. Key Highlights: - In-place tenant with $20,000/month NNN income - Manufacturing zoning - Expansion potential up to ~40,000 SF - Strong location with excellent access - Ideal for investors or developers A rare opportunity to acquire a cash-flowing industrial asset with long-term upside. Serious inquiries only. Additional information available upon request.

Property Subtype:

Truck Terminal

Date on Market:

2025-12-20

Chicago Retail for Sale - South Chicago

GSA Leased Property. Initial 10 year Lease with 8 yrs remaining. GSA occupies 8,776sf (67.8%) of the +/-12,901sf one story building. GSA is a relocation from a few blocks away to a more modern facility. The GSA portion is a Social Security Office that has been in the area for over 20 yrs. They have invested nearly one million dollars in the interior buildout in this location. Rent commencement date for the GSA lease was May 15, 2023. The remaining 4,214 sf consists of 3 value added retail stores. Unit 5255 is +/-1,180sf and is leased to Lomax Urban Outreach Unit 5257 is +/- 1,575sf and is leased to a nail salon on a mo/mo basis with a gross lease. Unit 5259 is +/- 1,380sf and is leased to a convenience store with a modified gross lease. Newly remodeled building includes new roof, new HVAC systems and total modern interior renovation of the GSA leased space. An added bonus to this investment is that the annual $111, 122 Tenant Improvement allowance reimbursed to the Landlord thru 5/31/2028 is not factored in the calculated $259,190 NOI. Estimated annual NOI thru 05/31/2028 is approximately $370,312. That increases the cap rate to approximately 10.71% thru May 2028.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-12-04

Bourbonnais Land for Sale

Village of Bradley. This is a lot that will be near the new proposed water park

Property Subtype:

Commercial

Date on Market:

2025-11-21

Springfield Retail for Sale

Marcus & Millichap is pleased to present the opportunity to acquire a strong-performing Arby’s restaurant situated on 0.64 acres with a 2,800-square-foot building. Arby’s has successfully operated at this location since 1988 and reports sales in accordance with the original lease terms, maintaining a healthy 8.5% rent-to-sales ratio. The lease has four (4) years remaining, along with two additional 5-year options, each featuring 10% rent increases every five (5) years. This is an absolute triple net lease with zero landlord responsibilities. The property is an outparcel to the Capital City Shopping Center, adjacent to Panera Bread. It benefits from excellent visibility along S. Dirksen Pkwy, a primary commercial corridor, with traffic counts exceeding 12,941 vehicles per day. The area attracts a steady flow of visitors as the State Capital, drawing government workers, business travelers, and attendees of year-round events including the convention center across the street.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Naperville Office for Sale - Western East/West Corr

Stabilized, 100% leased multi-tenant medical office building located in Naperville, one of Chicago’s premier suburban markets. The single-story property totals 9,999 SF and is leased to a diversified mix of medical and professional tenants. The asset offers in-place cash flow with a 6.92% cap rate, strong tenant retention, and a WALT of 4.07 years. Well-maintained building with minimal common areas and dedicated suite ingress/egress.

Property Subtype:

Medical

Date on Market:

2025-11-19

Hanover Industrial for Sale

SVN Chicago Commercial is pleased to present 101 N Washington Street, Hanover, IL 61041. This 109,380 SF, 4-story industrial warehouse is positioned on 30 acres of land along the beautiful Apple River, which borders the states of Wisconsin and Iowa. Situated in the vibrant town of Hanover, IL, this prime commercial location offers investors a coveted opportunity. Nestled in a picturesque setting, the area boasts a charming mix of local businesses, restaurants, and scenic parks. The property is within close proximity to renowned landmarks such as Apple River Canyon State Park, a popular destination for outdoor recreation, and the popular historic town of Galena, showcasing architectural treasures. With its inviting small-town atmosphere and easy access to amenities, the area attracts both visitors and professionals alike, making it an ideal choice for an office or office building investment opportunity.

Property Subtype:

Warehouse

Date on Market:

2025-07-22

Jacksonville Hospitality for Sale

Villa DeWolf – Historic Italianate Estate | 876 W State Street, Jacksonville, IL 62650 Step into history with Villa DeWolf, a masterfully restored 1857 Italianate mansion located in the heart of Jacksonville, Illinois. With over 7,100 square feet of refined living and hospitality space, this iconic property blends architectural grandeur, modern systems, and strong investment potential. This stately estate features seven en-suite suites, ten fireplaces, and a sweeping grand foyer anchored by a suspended staircase and ornate millwork. Originally built as a private residence and later operated as Villa DeWolf Bed & Breakfast, the property has hosted guests from around the world. Each room tells its own story, adorned with intricate detail - from the rare “Monuments of Paris, 1820” wallpaper to the timeless brick façade and manicured 1-acre grounds. Investment Opportunity - Villa DeWolf offers multiple pathways for income and appreciation, making it ideal for investors seeking a 1031 Exchange property, value-add hospitality asset, or unique portfolio acquisition. 1031 Exchange Eligible: Because the property has been operated as a Bed & Breakfast, producing consistent annual revenue, it fully qualifies as an income-producing asset under IRS 1031 Exchange guidelines. Buyers looking to defer capital gains through the acquisition of a like-kind property can do so while investing in a historic, income-generating estate. High-Vacancy Value-Add Potential: The property is currently underutilized, operating well below its capacity — classifying it as a high-vacancy opportunity with significant upside. With seven rentable suites, event space, and grounds suitable for weddings or retreats, there’s potential to expand operations dramatically through professional management, marketing, and partnerships with local tourism boards or universities. Bed & Breakfast or Boutique Hospitality Use: For owner-operators, Villa DeWolf presents a turnkey opportunity to revive or rebrand the existing Bed & Breakfast business. The estate’s layout supports both private living quarters and guest accommodations. Common areas such as the great hall, library, and sunroom offer multiple hosting spaces, while the updated kitchen, dining areas, and carriage house enhance operational flexibility. Property Highlights 7,104± sq. ft. of finished space on 1.08 acres 7 private suites, each with a unique layout and restored bath 10 fireplaces, original millwork, and Italianate detailing throughout Historic suspended staircase and imported wall coverings Updated systems, roof, and mechanicals for modern functionality Detached 3-car garage and carriage house with additional potential Zoned for mixed or residential use, allowing continued hospitality operations Located near Illinois College, healthcare facilities, and historic downtown Jacksonville Financial Overview: According to 2023 financials, Villa DeWolf Bed & Breakfast generated approximately $49,840 in gross revenue, with $22,206 in operating expenses, resulting in a Net Operating Income (NOI) of $27,634 At the current asking price of $989,876, this reflects an approximate cap rate of 2.8% - with clear opportunity to increase revenue through improved occupancy and diversified event offerings. Potential pro forma models show that with modest increases in bookings and utilization of the estate for weddings, corporate retreats, or weekend events, the NOI could realistically double or triple within two years under active management. Market & Location: Jacksonville, Illinois, located approximately 35 miles west of Springfield, is a vibrant small city known for its deep historical roots, universities, and cultural attractions. Its stable tourism sector, combined with proximity to major highways and regional population centers, provides a sustainable foundation for boutique hospitality ventures. The surrounding area supports consistent visitor traffic from alumni events, weddings, and business travel tied to Illinois College and nearby Memorial Health facilities. Investors can take advantage of both short-term rental platforms and traditional hospitality channels to expand reach. Operational Flexibility, Villa DeWolf can serve as: A turnkey Bed & Breakfast or boutique inn, A luxury short-term rental or corporate retreat venue, A private residence with event-hosting income, A strategic 1031 replacement property with tangible appreciation potential The property’s zoning and condition allow immediate operation under multiple investment strategies, whether owner-managed or professionally staffed. Villa DeWolf represents a rare combination of history, beauty, and financial potential. With its proven income track record, high-vacancy repositioning opportunity, and eligibility for 1031 Exchange acquisition, it offers exceptional upside for discerning investors and hospitality entrepreneurs. Whether reimagined as a boutique inn, luxury retreat, or landmark residence, Villa DeWolf stands ready for its next chapter — an opportunity to own a piece of Illinois history that also performs as a modern investment.

Property Subtype:

Bed and Breakfast

Date on Market:

2025-10-29

Harrisburg Retail for Sale

CBRE is pleased to present KFC for sale located at 514 S Commercial St in Harrisburg, IL. This “Flagship” KFC property includes a 7,101 SF building on a 1.39 ACRE parcel and benefits from being situated on the signalized hard corner of Commercial Street and Sloan Street which sees over 22,000 vehicles per day. The tenant has shown incredible commitment to the location and market by signing a brand new 20-year lease in October 2024. This is an elite performing KFC and among the top 5% locations nationwide. The property underwent a significant remodel in 2018, with another renovation scheduled for 2028, further demonstrating the tenant’s dedication to the site. The Lease is backed by Tasty Restaurant Group (TRG), which operates 470+ restaurants across 22 states. The Absolute NNN Lease calls for zero landlord responsibilities whatsoever and contains 1.5% rental increases annually with 4-Five Year Options, providing a strong hedge against inflation. The asset is situated in the town’s main retail corridor and adjacent to a Walmart Supercenter that sees over 2 million annual visitors.

Property Subtype:

Fast Food

Date on Market:

2025-10-20

Granite City Portfolio of properties for Sale - Illinois

Turnkey 64-Unit Multi-Family Investment Opportunity – Granite City, Illinois Berkshire Hathaway HomeServices Select Properties presents an opportunity to acquire a fully operational, income-producing multi-family portfolio in Granite City, Illinois. This property offers a diverse mix of 64 residential units, including: - One-bedroom / one-bathroom apartments – 24 Units (770 sq ft each unit) - Two-bedroom / one-bathroom apartments – 24 Units (900 sq ft each unit) - Two-bedroom / 1.5-bathroom townhomes – 16 Units (1050 sq ft each unit) - One single-family home – 1200 sq ft Property Highlights - Unit Mix Variety: Appeals to a wide tenant base, including young professionals, families, and seniors. - Turnkey Operation: Fully leased, delivering investors immediate income. - Strong Cap Rate: At an impressive 8.29% cap rate, this asset offers competitive returns in today’s market. - Parking & Access: Assigned parking for tenants plus additional visitor spaces ensure ease of use for residents and guests. -Onsite Laundry - 3 convenient coin-operated laundry facilities generating an average of $750 in additional income each month. - Security & Privacy: The community is fully enclosed with a privacy fence and secured through a gated main entry with guard shack, providing peace of mind for residents. - Community Features: Multiple courtyard spaces encourage a sense of community and provide outdoor enjoyment. Wilson Park – 2 blocks from Wilson Park a 74-acre city park that has been in operation since 1921 serving as a cornerstone for community activities. Includes Pickleball, Disc Golf, Baseball/ Softball Diamonds, Trails, Basketball Court, Ice Rink, Picnic Areas, Playgrounds, Tennis Courts, Concessions, Swimming Pool, Prairie/Songbird Site, and a 3-mile walking/running trail. Investment Value This portfolio is designed for both seasoned investors seeking immediate cash flow and those looking to expand their multi-family holdings in a growing Metro East market. Granite City’s affordability and proximity to downtown St. Louis make it an attractive rental market, with steady demand from tenants seeking accessible housing close to employment centers, interstates, and amenities. With its mix of apartments, townhomes, and a single-family residence, this property minimizes vacancy risk and maximizes rent potential across different tenant demographics. Location Benefits Granite City, IL, is 10 minutes from St. Louis, MO, 20 minutes from Lambert-St. Louis International Airport, and offers easy access to major interstates, including I-270, I-255, and I-55. The area supports a strong tenant pool with proximity to shopping, dining, parks, schools, and regional employers. Investors benefit from stable demand and favorable rental trends in this well-positioned submarket.

Property Subtype:

Mixed Types

Date on Market:

2025-09-11

Dekalb Office for Sale - Western East/West Corr

Own this awesome commercial building for less than renting! Don't miss this owner user or investment opportunity in the best location downtown Dekalb! The building is 50% occupied by an established office tenant with a new long term lease. There is approximately 1230 sf available for an owner to occupy or to put another tenant or two in place. The vacant space has historically been a dentist's office and there is still plumbing in place. The building is currently set up as two units but it can easily be set up as three to create more income potential. There is a full basement of which half has leasing potential. The other half of the basement is primarily storage and mechanicals. Utilities are separately metered for a two unit set up. Only one short block to downtown restaurants, shops and City Hall. Don't miss out. This is the chance that you have been waiting for!

Date on Market:

2025-08-05

Urbana Retail for Sale

Well located near the University of Illinois. 13+ years of rent guaranteed by Walgreens. Buyers' brokers protected. Price has been reduced!

Property Subtype:

Drug Store

Date on Market:

2025-07-07

Downers Grove Retail for Sale - Eastern East/West Corr

HMX Realty Advisors exclusively presents for sale a PNC Bank (S&P A-) ground lease located on .85 acres in one of the wealthiest communities in the Chicago MSA. The bank has high deposits exceeding $90 million, four drive through lanes and just exercised their second to last option early. The bank is a pad site to TJ Maxx, HomeGoods, Shop & Save Market, Old Navy and Best Buy. Other pad sites at the center include Panera Bread and Burger King. Kohl’s and Ross Dress for Less are across the intersection. It is located on Lemont Road which has average daily traffic of 21,000 vehicles. It is just off the corner of 75th Street which has traffic counts of 33,900 vehicles per day. It is in Downers Park Plaza which is a grocery anchored shopping center. Downers Grove offers an exceptional location within the world's 3rd largest metropolitan area, the Chicago MSA (9.5 million population), boasting a diversified economy with a $561 billion annual gross regional product and over 400 major corporate headquarters. This highly accessible community provides Convenient Chicago Access with a 25-minute train ride to downtown Chicago. The property is near Naperville, consistently ranked among the wealthiest, safest, and most educated cities in the Midwest and nation.

Property Subtype:

Bank

Date on Market:

2025-06-23

Orland Park Retail for Sale - South Route 45

This Arby's has over 9 years remaining on absolute NNN lease that calls for 10% fixed rent increases every 5 years. Situated as a pad site to a +/-122,900 sq. ft. Meijer grocery store anchored center, other national retailers in this center are Chili's, Panda Express, White Castle and AutoZone. Orland Park is a village located in Cook County, Illinois situated 25 miles southwest of downtown Chicago. With a city population exceeding 60,000, Orland Park reflects signs of affluence and sophistication. The Average Household Income within a 3-mile radius of this Arby's is reported at $117,122.

Property Subtype:

Fast Food

Date on Market:

2025-06-19

Forsyth Retail for Sale

Property Subtype:

Freestanding

Date on Market:

2025-06-02

Chesterfield Specialty for Sale - Macoupin County

ATTENTION Savvy Investors or those looking to leave the big city life! Welcome to Wild Pickins Vineyards–Your Ideal Private Event Center: Discover the perfect venue for all your special occasions! Nestled on over 8+ picturesque acres, this thriving property is designed to accommodate large indoor & outdoor events, Banquet Hall, making it an exceptional choice for weddings, birthday parties, bridal & baby showers, corporate meetings+. This incredible property offers endless possibilities for hosting unforgettable events in a private & enchanting setting. Continue the successful operation or create your own unique experience. The vineyard adds charm to any event along w/ gazebos and a lot out outdoor seating overlooking a 3.5 acre pond. Fully equipped kitchen & large bar ensures your guests enjoy delicious meals & drinks tailored to your event. Elevate the experience w/ the irresistible charm of a fully operational, woodfired pizza oven! Banquet tables/chairs/dinnerware, Sound System, Bandstand & Dancefloor, offers captivating backdrop for live bands & DJs. Picture your guests dancing under the stars! Location: Wild Pickins Winery has been developed from the ground up. Wait there is more, you can have a PRIVATE REDSIDENCE on 13 acres more or less with 40 x 60 pole building to include a 3.5 acre lake for $600,000, Additional 35 acres more or less and includes timber and CRP land at $6000, per acre. Plenty of acreage for expansion. Will sell the private residence and additional acreage separately or as a package, as needed. Property includes both 23-000-266-00 and 23-000-266-02 parcels totaling over 59 acres. Location: Hwy/Interstate Frntg, Rural

Property Subtype:

Winery/Vineyard

Date on Market:

2025-05-28

Lake Bluff Land for Sale - Central North

Value Is In The Land For Redevelopment. Consists Of 8 Skokie Valley Road Office Building, The Sunset Motel Located At 511 Rockland Road And One Single Family Home Located At 11 Shagbark Road. Is Being Sold Separately or with other two listing . Sunset Motel Is Currently Open And Operating. Office Building At 8 Skokie BLVD Has A Few Month To Month Tenants In Place. SFH At 11 Shagbark Is Rented With A Month To Month Lease In Place. Rare North Shore Commercial Redevelopment Land Acquisition Opportunity Available In Lake Bluff, IL. Major Market Areas Include Lake Bluff, Lake Forest, Green Oaks And Libertyville, IL. General Commercial And Residential Zoning Currently In Place. Located In Unincorporated Lake Bluff - Current Lake County Zoning. Buyer Could Voluntarily Annex Into The Village Of Lake Bluff - Lake Bluff Willing To Offer Financial Incentives! Recent Developments Include New Target & Chase Bank Plus Retail Strip Malls Directly Across The Street On Route 176 (Rockland Road).v Thriving Commercial Corridor Serving Lake Bluff & Lake Forest Residents Plus Large Daytime Employment From Abbott Labs And Many Surrounding Businesses. Value Is In The Land! This Offering could be part of a larger Eight-Parcel Assembly Of Contiguous Properties That Total 2.75 Acres Of Commercial And Residential Land. Possible Rezoning Of All Parcels To Be Either Commercial Or Residential. Future Use For New Retail, Medical, Multi-Family, Drive-Thru Etc. Contact John Josephitis For Full Offering Memorandum And Complete Details On The Overall Development Opportunity.

Property Subtype:

Commercial

Date on Market:

2025-05-21