Glenview Retail for Sale - Near North

Lee & Associates and Bang Realty are pleased to present the opportunity to acquire a single-tenant Walgreens located at 2871 Pfingsten Road in Glenview, Illinois, within the highly desirable North Shore submarket of the Chicago MSA. The property consists of a 15,167 square foot retail building situated on approximately 1.62 acres. Originally constructed in 1990 and fully renovated in 2014, the asset features Walgreens’ modern prototype design, including a drive-thru pharmacy, and benefits from its positioning within the Glenbrook Marketplace. Strategically positioned along Pfingsten Road with combined traffic counts exceeding 51,000 vehicles per day, the property benefits from strong visibility and access within a dominant retail corridor. The site is anchored within Glenbrook Marketplace and shadow-anchored by Plaza Del Prado, a high-performing grocery-anchored center generating over 1.7 million annual visits. The surrounding North Shore area features affluent demographics, with average household incomes exceeding $200,000 within a 3-mile radius, and serves a dense and established suburban population just 20 miles north of downtown Chicago.

Property Subtype:

Drug Store

Date on Market:

2026-03-24

Lake Villa Retail for Sale - Central Northwest

Lovinger Partners - Baird and Warner is proud to present a rare turn-key restaurant and bar opportunity at 10 W Grand Avenue in the heart of Lake Villa. This beautifully built-out establishment is perfectly positioned to capture a market characterized by high household incomes and a significant demand for new dining options. The interior features a large rectangular bar designed for high-volume service, fully decked out with multiple televisions and a professional commercial equipment package ready for immediate profit. The layout provides seating for 100 guests in the main dining area plus a private dining room that accommodates up to 12 for intimate events or corporate meetings. Behind the scenes, the property boasts a large and exceptionally clean kitchen designed for speed and high table turnover. The beverage program is supported by walk-in coolers and a professional glycol tap system to ensure perfect pours every time. A central AV control system manages all music and television displays throughout the building. This is an ideal setup for a savvy proprietor looking to skip the build-out phase and move directly into operations in an underserved area.

Property Subtype:

Restaurant

Date on Market:

2026-03-19

Elmwood Park Retail for Sale - Oak Park Area

- 30+ Year Operating History as Pet Supplies Plus w/ 8.5+ Years of Term Remaining - Corporate Guarantee (PSP Stores, LLC) - 750+ Stores and $2,000,000,000 in Annual Revenue -(2) Base Term Increases: Rent to increase to $136,715 in 10/2027 and to $150,385 in 10/2031 - High Barriers to Entry Market- Elmwood Park has an Extremely Limited Supply of Retail Assets Available for Sale or Lease

Property Subtype:

Freestanding

Date on Market:

2026-03-09

Christopher Retail for Sale

Property Subtype:

Convenience

Date on Market:

2026-01-06

Calumet City Retail for Sale - Near South Cook

Ally Commercial Real Estate in conjunction with Benjamin Udell, Managing Partner, is pleased to present the exclusive sale of Torrence Avenue Shops—a 100% occupied, trophy retail strip. Anchored by Starbucks (Drive-Thru), Verizon, Vitamin Shoppe, and GameStop, this center represents the gold standard of national-brand retail investment. Strategically located at a signalized hard corner, the property commands massive traffic flow due to it’s proximity to the River Oaks Shopping center, which is regional economic driver in the southland of Chicago. The city is also proposing a $110 MM plan to update the center. This stabilized investment delivers a secure NOI of $322,238 at a 7.16% CAP Rate.The site’s strength is also proven by its tenancy: Vitamin Shoppe recently extended its lease through 2030, and the Starbucks drive-thru provides a constant, recession-proof draw for the trade area. Furthermore, the Vitamin Shoppe lease reverts to NNN in its option periods, maximizing long-term investor returns and minimizing expense leakage. All other tenants other than Vitamin Shoppe are on NNN leases making this property a premier turnkey opportunity for an investor seeking passive income in a thriving, high-growth corridor.

Property Subtype:

Restaurant

Date on Market:

2026-03-03

Evanston Multifamily for Sale - Near North

Abbey Garth Apartments Majestic 26 unit multifamily building in a prime east Evanston location. Incredible historic property with enormous apartments and a varied unit mix. From spacious one bedroom units up to 4 bedroom 3 bathroom apartments. First time available is 20 years. Built in 1926 by the renowned architect Samuel N. Crowen - the property is an Evanston Landmark and is on the National Register of Historic Places. This is a one of a kind property. Central boiler (new 2025) provides steam heat to the updated vintage style apartments. Three of the units were gutted down to the studs and have central HVAC and in unit washer dryers. The remainder of the units are in updated vintage type condition on steam radiators. Eight (smallish) garage spaces offer additional storage and or parking for small vehicles. Storage lockers in basement along with two tenant laundry rooms (machines owned). Besides being a historic beauty - the thing that makes this property unique is the size of the units - huge. Units are rented below market and income could be increased via refurbishing kitchens and bathrooms. But the true potential for upside is in converting 1 bedroom units (900-1,000sf) into two bedroom apartments and so forth. See floor plans. Massive upside. Building is 100% occupied. Call or email for more details, rent roll, proforma, schedule showing, etc.

Property Subtype:

Apartment

Date on Market:

2026-03-02

Chicago Retail for Sale - South Chicago

Property Subtype:

Storefront

Date on Market:

2026-02-27

Round Lake Beach Retail for Sale - Central Northwest

Attention Investors: Rent-A-Center is a national company with over 2,000 locations. The Round Lake Beach Rent-A-Center is one of the top performers in the region. This investment property has great exposure on the Rollins Road retail corridor with over 24,000 vehicle traffic count. This 6,440 square foot frame and metal building is directly across the street from Autozone, KFC and just west of Walgreens. Potential for long term income stream from profitable Rent-A-Center tenant. Tenant pays CAM, property taxes, and insurance. Lake County Division of Transportation improving Rollins Road corridor from Fairfield to Meijer Supermarket with wide pedestrian/bike sidewalks in 2027. Longtime landlord looking to retire. Contact listing broker for financials and showings. Do not disturb tenant or customers. 1031 Exchange Investment Opportunity!!

Property Subtype:

Freestanding

Date on Market:

2026-02-24

Atkinson Retail for Sale - Henry County

Property Subtype:

Freestanding

Date on Market:

2026-02-20

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

Pana Retail for Sale

Date on Market:

2026-01-26

Opdyke Retail for Sale

Property Subtype:

Freestanding

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

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:

Apartment

Date on Market:

2025-12-29

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

Chicago Multifamily for Sale - Northwest City

1659 W Chicago Ave presents a rare opportunity to acquire a fully leased, income-producing corner retail condo in the heart of West Town / East Village—one of Chicago’s most active and rapidly evolving commercial corridors. The property is currently leased under a NNN structure, providing immediate cash flow with minimal landlord responsibilities, as the tenant is responsible for real estate taxes, utilities, and operating expenses. Positioned on a high-visibility corner along Chicago Avenue, the asset benefits from strong foot and vehicle traffic, large storefront windows, and prominent street frontage—key factors supporting long-term tenant demand and rental growth. Surrounded by established restaurants, boutique retailers, and continued residential development, the property is located in a high-demand stretch between Damen and Ashland. The area has experienced consistent investment and retail expansion, contributing to increasing rental rates and long-term property value appreciation. The existing lease includes annual rent increases, providing built-in income growth and enhancing overall investment performance over time. This offering is ideal for investors seeking a stable NNN retail asset with upside, including 1031 exchange buyers looking for immediate income, low management, and exposure to a strengthening Chicago retail corridor. Seller is offering a 4% commission to the buyer’s broker.

Property Subtype:

Apartment

Date on Market:

2025-12-02

Wenona Hospitality for Sale - Marshall County

Near large Metropolitan City, Chicago's Large suburbs in state of Illinois, Interior Corridor Hotel / Motel with living apartment, near highway, convenient location. Stable clientele, central location for convenience near larger suburbs for shopping. Opportunity to open for more options.

Property Subtype:

Hotel

Date on Market:

2025-11-26

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 Midwest, LLC, an 81-unit subsidiary of Tasty Restaurant Group, with an additional guarantee from Tasty Chick’n, LLC, another 80+ unit subsidiary of TRG, for the first 10 years of the lease. 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 FULLY OCCUPIED 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