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

1031 Exchange Properties for Sale in Illinois, USA

More details for 1023-1127 S Roselle Rd, Schaumburg, IL - Retail for Sale

NNN, Grocery Shadow Ctr|Strong Demo's|50k VPD - 1023-1127 S Roselle Rd

Schaumburg, IL 60193

  • 1031 Exchange Property
  • Retail for Sale
  • $13,582,938 CAD
  • 53,720 SF
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More details for 1210 W 83rd St, Chicago, IL - Multifamily for Sale

1210 W 83rd St

Chicago, IL 60620

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,251,140 CAD
  • 25,695 SF
  • Kitchen
  • Smoke Detector

Chicago Multifamily for Sale - South Chicago

UNRIVALED 25-UNIT VALUE-ADD OPPORTUNITY IN THE HEART OF AUBURN GRESHAM Strike while the market is hot with this massive brick mixed-use powerhouse located at 1206-1210 W 83rd St. Positioned as the most competitive investment in the 60620 zip code, this asset is priced for a high-octane liquidation at just $899,000. This is a rare chance to secure a scale-level project at approximately $36,000 per door in a submarket that has seen a 21.7% year-over-year increase in median listing prices. The heavy lifting on capital expenditures has already been initiated with five units completely transformed into designer showcases. These renovated units feature sleek shaker cabinetry paired with premium white quartz countertops and a full suite of stainless steel appliances. The aesthetics are elevated by modern porcelain tile in the bathrooms, sophisticated matte black fixtures, and a mix of luxury vinyl plank and meticulously refinished original hardwoods. Throughout the building, new vinyl windows provide immediate energy efficiency and longterm cost savings. Operating at 40% occupancy, this property offers an immediate lease-up upside at 2026 market rates. The five high-visibility storefronts under flexible B3-2 zoning provide a versatile commercial engine or potential for residential conversion. Furthermore, the bottom line is set for a massive boost with property taxes projected to drop from $32,000 to just $12,000 next year. This is an "as-is" sale perfect for cash or hard money buyers looking to move fast and capture the best price-per-unit deal on the South Side. Forget the "unknowns" of a total gut rehab. We've already done the heavy lifting on the most critical components: Renovated Showcase Units: 5 units have been completely transformed with high-end designer finishes to set the new building standard. Designer Kitchens: Sleek shaker cabinetry, premium quartz countertops, and a full suite of stainless steel appliances. Spa-Inspired Baths: Modern porcelain tile, matte black fixtures, and custom LED lighting. Premium Flooring: A sophisticated mix of Luxury Vinyl Plank (LVP) and meticulously refinished original hardwoods. Energy Efficiency: The building features updated vinyl windows throughout, drastically reducing future CapEx. System Integrity: Recent maintenance includes fixed leaks and plumbing updates, ensuring a smoother transition for the new owner. THE UPSIDE: THE NUMBERS DON'T LIE Immediate Lease-Up Potential: Currently 40% occupied, allowing you to hand-select your tenant base at 2026 market rates. Commercial Engine: 5 vacant storefronts under flexible B3-2 zoning-perfect for retail, service, or potential residential conversion. Tax Transformation: Significant bottom-line boost incoming with property taxes projected to drop from $32k to just $12k next year. Priced to Move: At approximately $36,000 per door, this is an aggressive liquidation play designed for a 30-45 day exit.

Contact:

Prime Real Estate Group

Property Subtype:

Apartment

Date on Market:

2026-05-29

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More details for 102-106 7th St, Rockford, IL - Retail for Sale

102-106 7th St

Rockford, IL 61104

  • 1031 Exchange Property
  • Retail for Sale
  • $3,267,134 CAD
  • 2,702 SF
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More details for 545-547 N Milwaukee Ave, Libertyville, IL - Retail for Sale

545-547 N Milwaukee Ave

Libertyville, IL 60048

  • 1031 Exchange Property
  • Retail for Sale
  • $9,724,939 CAD
  • 16,621 SF
  • Air Conditioning
  • 24 Hour Access
  • Restaurant
  • Wheelchair Accessible
  • Smoke Detector

Libertyville Retail for Sale - Central North

Lovinger Partners is proud to present this class A mixed use property located in the heart of downtown Libertyville, an award winning downtown district located halfway between Chicago and Milwaukee in one of the countries top MSA's. 25,000 VPD and high foot traffic make this property a desirable asset for both investors and owner occupants. Make the 2nd floor your corporate headquarters, giving your team an excellent work-play-live environment or for that savvy investor, make this a piece of your portfolio as a trophy asset and watch the appreciation skyrocket as Libertyville continues to be the county's top destination to both live and visit. This exceptional investment and owner-user opportunity is a premier mixed-use trophy asset situated in the heart of Libertyville's vibrant Downtown Core at 545-547 N Milwaukee Avenue. Downtown Libertyville properties rarely change hands especially ones as turn key and stable. This meticulously maintained two-story building perfectly blends historic architectural charm with high-end modern infrastructure. For the owner-occupant, this property offers a rare chance to elevate your brand and your team's quality of life by establishing a corporate headquarters on the second floor. The 7200 square foot modern open floor plan office suite provides a sophisticated workspace characterized by premium finishes and an abundance of natural light, fostering a true live-work-play environment where employees are steps away from award-winning dining, boutique shopping, the Metra station and residential neighborhoods. The building is unique in that it features multiple tenants across its diverse floor plan, which significantly enhances investment stability through diversified income streams. The current owner-occupant is prepared to vacate to accommodate your business or remain in place under a lease-back agreement, offering ultimate flexibility for your transition. From an investor standpoint, this is a recession-resistant asset that allows you to add a high-performing trophy property to your portfolio. The ground floor is anchored by two stable restaurant tenants signed to long-term leases, providing a reliable and diversified cash flow from day one. The building is fully ADA compliant and all parking requirements have been satisfied, which is a significant competitive advantage in a dense downtown corridor. Originally built in 1920 and significantly remodeled in 2008. Furthermore, the local economy is poised for even greater growth as Libertyville will be adding close to 300 residential units to its downtown district in the coming years. This increase in density will help bolster the already high visibility and heavy pedestrian traffic, ensuring the long-term desirability and value of this downtown core location.

Contact:

Baird & Warner

Date on Market:

2026-05-14

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More details for 7117 S Roberts Rd, Bridgeview, IL - Retail for Sale

7117 S Roberts Rd

Bridgeview, IL 60455

  • 1031 Exchange Property
  • Retail for Sale
  • $2,495,535 CAD
  • 5,659 SF
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More details for 5901 S 6th St, Springfield, IL - Retail for Sale

5901 S 6th St

Springfield, IL 62703

  • 1031 Exchange Property
  • Retail for Sale
  • $1,930,610 CAD
  • 9,100 SF
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More details for 616-620 Roosevelt, Chicago, IL - Retail for Sale

616-620 Roosevelt

Chicago, IL 60607

  • 1031 Exchange Property
  • Retail for Sale
  • $1,522,346 CAD
  • 5,293 SF
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More details for 163 W. Division / 1143 N. Wells – Retail, Flex for Sale, Chicago, IL

163 W. Division / 1143 N. Wells

  • 1031 Exchange Property
  • Multifamily for Sale
  • $4,553,134 CAD
  • 6,145 SF
  • 7 Multifamily Properties
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More details for 115 7th St, Rockford, IL - Office for Sale

115 7th St

Rockford, IL 61104

  • 1031 Exchange Property
  • Office for Sale
  • $6,381,339 CAD
  • 17,772 SF
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More details for 9274 E 1050th Ave, Robinson, IL - Flex for Sale

RV Park w/ Bar & Grille, Gaming, Liqour Store - 9274 E 1050th Ave

Robinson, IL 62454

  • 1031 Exchange Property
  • Flex for Sale
  • $4,031,783 CAD
  • 6,500 SF
  • Air Conditioning
  • 24 Hour Access
  • Restaurant

Robinson Flex for Sale

Turnkey Investment Opportunity: State Certified RV Park + Income-Producing Commercial Building & Businesses Executive Summary: This offering presents a rare, multi-stream cash-flow investment combining a new State Certified 25-site RV Park, a 6,500 SF commercial building built in 2022, and established, growing operating businesses—all situated on a high-traffic highway with a powerful zoning advantage. The property generates income from RV rentals, video gaming, and commercial tenancy, with additional upside from owner-operated businesses or resale of operating entities. The asset is designed to perform both as a passive investment and as a high-cash-flow owner-operator opportunity. Asset Overview: 25-space RV Park 15 sites with 50-amp service 10 sites with 30-amp service All-new electrical infrastructure Booked out a year with a waiting list Additional undeveloped acreage included, allowing expansion that could more than double RV capacity 6,500 SF commercial building (2022 construction) housing: Packaged liquor store Bar & grill Video gaming operations Additional vacant interior space for future expansion or new revenue streams Newer sewer sand filter system capable of supporting a full-service restaurant Global Max 1530 Water Jet Cutter included in the sale of the property (without tractor) 3 Phase Power with all new electrical run to RV spaces Available power to double the RV park spaces Strategic Location Advantage The property is located on a highly trafficked highway just outside municipal zoning limits. This positioning provides a significant competitive edge, allowing: Packaged liquor sales on Sundays not available to in-town competitors Bar, grill, and gaming operations to remain open later than in-town competitors These regulatory advantages directly support higher revenues and stronger margins. Financial Performance & Structure: Proforma income includes: Existing RV park income (already booked) Gaming income Estimated lease income from the commercial building Commercial rent estimated at $10/SF annually Cap rate and proforma exclude additional net profits from the bar & grill and packaged liquor store if owner-operated, or the new owner could sell the existing businesses and generate lease income from the new bussiness owners. Investment Upside Investors benefit from multiple value-creation paths: Passive strategy: Maintain leases, collect RV, gaming, and rental income Hybrid strategy: Operate or improve select businesses while leasing others Value-add strategy: Sell operating businesses and retain real estate with leases Expand RV park capacity on undeveloped acreage, or add Tiny Home Park or Mobile Home Park Activate vacant building space or expand food & beverage operations Conclusion: This offering delivers immediate cash flow, strong competitive positioning, and clear expansion upside in a single, consolidated acquisition. The combination of new construction, diversified income streams, and regulatory advantages makes this an exceptional opportunity for investors seeking both stability and growth

Contact:

Coldwell Banker Real Estate Group

Date on Market:

2026-03-31

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More details for 2871 Pfingsten Rd, Glenview, IL - Retail for Sale

Walgreens - 2871 Pfingsten Rd

Glenview, IL 60026

  • 1031 Exchange Property
  • Retail for Sale
  • $9,816,696 CAD
  • 15,167 SF
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More details for 66 E 103rd St, Chicago, IL - Retail for Sale

Roseland Retail Center - 66 E 103rd St

Chicago, IL 60628

  • 1031 Exchange Property
  • Retail for Sale
  • $2,780,540 CAD
  • 19,919 SF
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More details for 10 W Grand Ave, Lake Villa, IL - Retail for Sale

Lake Villa Turn Key Restaurant - 10 W Grand Ave

Lake Villa, IL 60046

  • 1031 Exchange Property
  • Retail for Sale
  • $1,529,297 CAD
  • 4,995 SF
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More details for 1748 N Harlem Ave, Elmwood Park, IL - Retail for Sale

1748 N Harlem Ave

Elmwood Park, IL 60707

  • 1031 Exchange Property
  • Retail for Sale
  • $2,879,829 CAD
  • 7,420 SF
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More details for 1243-1249 Torrence Ave, Calumet City, IL - Retail for Sale

Drive Thru Starbucks Strip Center - 1243-1249 Torrence Ave

Calumet City, IL 60409

  • 1031 Exchange Property
  • Retail for Sale
  • $5,839,134 CAD
  • 9,014 SF
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More details for 940 Judson Ave, Evanston, IL - Multifamily for Sale

Abby Garth Apartments - 940 Judson Ave

Evanston, IL 60202

  • 1031 Exchange Property
  • Multifamily for Sale
  • $12,164,862 CAD
  • 37,560 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

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.

Contact:

Wall Properties, Inc.

Property Subtype:

Apartment

Date on Market:

2026-03-02

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More details for 451 Duane St, Glen Ellyn, IL - Retail for Sale

Commercial Building - 451 Duane St

Glen Ellyn, IL 60137

  • 1031 Exchange Property
  • Retail for Sale
  • $2,904,274 CAD
  • 7,200 SF
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