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

1031 Exchange Properties for Sale in Illinois, USA

More details for 7351 Lemont Rd, Downers Grove, IL - Retail for Sale

PNC Ground Lease w/ Escalations Pad to TJX HG - 7351 Lemont Rd

Downers Grove, IL 60516

  • 1031 Exchange Property
  • Retail for Sale
  • $4,683,500 CAD
  • 3,200 SF
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More details for 15765 S Harlem Ave, Orland Park, IL - Retail for Sale

15765 S Harlem Ave

Orland Park, IL 60462

  • 1031 Exchange Property
  • Retail for Sale
  • $1,925,745 CAD
  • 2,321 SF
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More details for 14223 Route 111, Chesterfield, IL - Specialty for Sale

14223 Route 111

Chesterfield, IL 62630

  • 1031 Exchange Property
  • Specialty for Sale
  • $1,789,373 CAD
  • 7,140 SF
  • Air Conditioning
  • Waterfront

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

Contact:

L. Merrick Group | Keller Williams Pinnacle

Property Subtype:

Winery/Vineyard

Date on Market:

2025-05-28

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More details for 9438 S Ashland Ave, Chicago, IL - Retail for Sale

9438 S Ashland Ave

Chicago, IL 60620

  • 1031 Exchange Property
  • Retail for Sale
  • $3,442,373 CAD
  • 2,400 SF
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More details for 556 47th St, Chicago, IL - Land for Sale

Bronzeville Land Parcel Available - 556 47th St

Chicago, IL 60653

  • 1031 Exchange Property
  • Land for Sale
  • $1,591,013 CAD
  • 21,000 AC Lot

Chicago Land for Sale - South Chicago

Presented by the Midwest Investment Advisors team with KW Commercial and Keller Williams ONEChicago. Located in the thriving neighborhood of Bronzeville, Chicago, this land parcel portfolios offers a prime opportunity to invest in an area poised for development. With significant cultural value and a rapidly growing economic landscape, Bronzeville is attracting attention from developers, businesses, and investors alike. This land portfolio includes 2 parcels, all strategically located to capitalize on the neighborhood's ongoing revitalization and increasing demand for both residential and commercial developments. The land parcels in this portfolio range in size and zoning, offering flexibility for various development possibilities. These include: 556 E 47th St. | 14,980 SF | Zoned B3-2. | APN - 20-03-424-025-0000 4644 S Saint Lawrence | 6,020 SF | Zoned B3-2. | APN - 20-03-424-017-0000 Total | 21,000 SF | Zoned B3-2. | Purchase Price - $1,155,000 Bronzeville Neighborhood Development Bronzeville has become a key area for urban development in Chicago, benefiting from several major projects. The Bronzeville Lakefront Project is one of the largest undertakings in the area, transforming the former Michael Reese Hospital site into a mixed-use development that includes residential units, retail, and office spaces. Additionally, the Artis Senior Living Center and Boxville Marketplace continue to shape the neighborhood’s identity, bringing commercial activity and community-focused ventures to the area. Positive Economic Indicators Bronzeville’s economic outlook is highly favorable for investors: Rising Property Values: The neighborhood has seen significant appreciation in property values, fueled by development projects and increasing demand. Job Growth: Employment opportunities, particularly in healthcare, education, and technology, are expanding, contributing to the neighborhood's economic vitality. Transportation Access: Bronzeville boasts excellent public transportation options, making it a convenient location for both residents and businesses. Overall, this land parcel represents a strong investment opportunity in a neighborhood that combines historical significance with modern economic growth. With competitive pricing and a variety of development possibilities, these land parcels are well-positioned to benefit from the ongoing transformation of Bronzeville.

Contact:

Midwest Investment Advisors

Property Subtype:

Commercial

Date on Market:

2025-03-30

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More details for 5364 W Devon Ave, Chicago, IL - Office for Sale

5364 W Devon Ave

Chicago, IL 60646

  • 1031 Exchange Property
  • Office for Sale
  • $895,375 CAD
  • 5,800 SF
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More details for 700 W Irving Park Rd, Bensenville, IL - Retail for Sale

CVS/AutoZone NNN 15-yrs Plus Chicago IL - 700 W Irving Park Rd

Bensenville, IL 60106

  • 1031 Exchange Property
  • Retail for Sale
  • $5,251,030 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

Property Subtype:

Freestanding

Date on Market:

2025-02-26

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More details for 565 W Randolph St, Chicago, IL - Office for Sale

565 W Randolph St

Chicago, IL 60661

  • 1031 Exchange Property
  • Office for Sale
  • $15,496,876 CAD
  • 59,225 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Restaurant
  • Wheelchair Accessible
  • Smoke Detector

Chicago Office for Sale - West Loop

565 W. Randolph St offers investors a unique opportunity to acquire a prime asset in Chicago’s West Loop, a neighborhood celebrated for its dynamic blend of commercial and residential growth. This ±59,981 SF Class C office building, constructed in 1872, combines historical charm with modern functionality, featuring both a passenger elevator and a freight elevator. This asset provides immediate stable cash flow along with significant value-add potential through a strategic conversion plan. The property is currently 98% occupied, with nine tenants, including ground-floor anchors Proxi and Sepia—two Michelin-starred dining establishments that recently renewed their leases for another five years with additional renewal options. This established retail presence ensures strong income stability for investors. Key Conversion Opportunity: Office to Multifamily Apartments This asset presents a compelling opportunity for an office-to-residential conversion, allowing investors to capitalize on the increasing demand for multifamily units in the West Loop. The property offers a phased approach to conversion: 43,624 SF (72.8% of the building) can become available by the end of December 2024, providing the majority of the building for potential apartment conversion immediately after acquisition. An additional 1,642 SF (2.7% of the building) will become available between March and November 2026 as leases expire, offering further flexibility for phased redevelopment. The final 5,550 SF (9.2% of the building) will become available between January and April 2029 upon lease expirations, enabling investors to continue generating income from office leases while gradually converting spaces to residential use. Strategic Investment Potential This asset allows for a phased redevelopment strategy, maximizing cash flow while taking advantage of conversion opportunities as leases roll over. The property's prime location offers proximity to top-tier transportation, shopping, dining, and green spaces, making it highly attractive to prospective residential tenants. By converting the office floors to apartments, investors can tap into the strong rental market in the West Loop, while still benefiting from the stable income of long-term retail tenants. With strategic upgrades and a phased conversion plan, investors can elevate rental rates, attract premium residential tenants, and significantly enhance the property's value. The unique combination of historical architecture, Michelin-starred retail tenants, and conversion flexibility positions 565 W. Randolph St as a standout investment in one of Chicago’s most sought-after neighborhoods.

Contact:

Midwest Investment Advisors

Property Subtype:

Loft/Creative Space

Date on Market:

2024-12-23

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More details for 7122 40th St, Berwyn, IL - Retail for Sale

Jewel-Osco | Stickney IL - 7122 40th St

Berwyn, IL 60402

  • 1031 Exchange Property
  • Retail for Sale
  • $15,979,486 CAD
  • 59,009 SF
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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
  • $20,092,960 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 99 Quentin Rd, Lake Zurich, IL - Land for Sale

99 Quentin Rd

Lake Zurich, IL 60047

  • 1031 Exchange Property
  • Land for Sale
  • $10,467,623 CAD
  • 17.25 AC Lot

Lake Zurich Land for Sale - Central Northwest

Make millions with this prime commercial, mixed-use, or residential development opportunity in Lake Zurich. This is a previously approved opportunity to develop a vibrant mixed-use project in one of the most sought-after locations in Lake Zurich! Strategically positioned at the high-traffic intersection of Route 22 and Quentin Road, this prime corner property has been approved for a dynamic blend of commercial and residential spaces, including: o Gas station for daily convenience o Three retail spaces for high-visibility businesses o Drive-through coffee shop to capture commuter traffic o 56 luxury townhomes offering an exceptional living experience Thriving Location with Built-in Demand. Surrounded by the affluent communities of Lake Zurich, Kildeer, Hawthorn Woods, Long Grove, and Barrington, this site is expected to bring strong market demand. It sits directly across from Mariano’s grocery store, ensuring steady traffic, and benefits from high visibility along both Route 22 and Quentin Road. Residents and businesses alike will enjoy proximity to top-tier schools, including the prestigious Stevenson High School, a state-of-the-art public library, and an abundance of high-quality shopping, dining, and entertainment options. Plus, with Lake Zurich’s scenic beach just moments away, this location offers an unbeatable combination of convenience, luxury, and lifestyle. Flexible Development Potential While approved for the proposed mixed-use plan, this versatile property also presents opportunities for fully commercial or residential developments, for example: o Tech innovation hub – Ideal for an AI research & development center with a data facility o Multi-unit residential community – Cater to the demand for high-end luxurious housing in this prime suburb o Customized commercial or mixed-use project – Adapt to market trends and maximize returns Shovel-Ready & Approved – Start Building Now! All soil tests and environmental reviews are complete, and the Village of Lake Zurich has enthusiastically approved the site for development. This is a rare chance to move quickly on an exceptional investment opportunity in a high-growth market. Don’t miss out—bring your vision to life in the great Village of Lake Zurich!

Contact:

AMD Real Estate Group, Inc.

Property Subtype:

Commercial

Date on Market:

2024-08-21

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More details for 898 S Rand Rd, Lake Zurich, IL - Land for Sale

Prime Location I Next to Walmart I 37,274 VPD - 898 S Rand Rd

Lake Zurich, IL 60047

  • 1031 Exchange Property
  • Land for Sale
  • $1,928,500 CAD
  • 1.45 AC Lot
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More details for 2744 N California Ave, Chicago, IL - Retail for Sale

Walgreens - (California Ave) Chicago, IL - 2744 N California Ave

Chicago, IL 60647

  • 1031 Exchange Property
  • Retail for Sale
  • $10,193,500 CAD
  • 12,515 SF
  • Car Charging Station

Chicago Retail for Sale - Northwest City

Available individually or as a portfolio, ask about our other midwest Walgreens locations. WALGREENS Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries. CHICAGO, IL Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana. The metro houses 9.5 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. The greatest growth during the past 20 years occurred in the western portion of the region and was exemplified between 2020-2021. Since then, movement back into downtown Chicago is gaining headway as employers increasingly push for hybrid work schedules, while progressing tourism levels support activity in the urban core. 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:

Drug Store

Date on Market:

2024-04-25

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More details for 3410 W Belmont Ave, Chicago, IL - Retail for Sale

Walgreens - (Belmont Ave) Chicago, IL - 3410 W Belmont Ave

Chicago, IL 60618

  • 1031 Exchange Property
  • Retail for Sale
  • $10,035,088 CAD
  • 14,490 SF
  • Air Conditioning

Chicago Retail for Sale - Northwest City

Available individually or as a portfolio, ask about our other midwest Walgreens locations. WALGREENS Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries. CHICAGO, IL Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana. The metro houses 9.5 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. The greatest growth during the past 20 years occurred in the western portion of the region and was exemplified between 2020-2021. Since then, movement back into downtown Chicago is gaining headway as employers increasingly push for hybrid work schedules, while progressing tourism levels support activity in the urban core. 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:

Drug Store

Date on Market:

2024-04-25

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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
  • $364,823 - $1,569,700 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
  • $10,710,063 CAD
  • 5,900 SF
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More details for 215 N Waukegan Rd, Lake Bluff, IL - Retail for Sale

215 N Waukegan Rd

Lake Bluff, IL 60044

  • 1031 Exchange Property
  • Retail for Sale
  • $1,370,613 CAD
  • 4,200 SF
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More details for 175 Corneils & Route 47, Yorkville, IL - Land for Sale

Multi Family - 175 Corneils & Route 47

Yorkville, IL 60560

  • 1031 Exchange Property
  • Land for Sale
  • $10,951,125 CAD
  • 38 AC Lot
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More details for 105 W Madison St, Chicago, IL - Office for Sale

105 W Madison St

Chicago, IL 60602

  • 1031 Exchange Property
  • Retail for Sale
  • Price Upon Request
  • 6,700 SF
  • 1 Unit Available
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More details for Silver Street Portfolio – Multifamily for Sale, Urbana, IL

Silver Street Portfolio

  • 1031 Exchange Property
  • Multifamily for Sale
  • Price Upon Request
  • 45,572 SF
  • 5 Multifamily Properties

Urbana Portfolio of properties for Sale

Frontline Real Estate Partners, in conjunction with RealINSIGHT Marketplace, is pleased to present the Silver Street Multi-Family Portfolio, a five-building, 71-unit multifamily investment offering significant value-add potential and long-term upside in the Urbana, Illinois market. The portfolio consists of approximately 45,572 square feet across five parcels totaling 1.58 acres, all located along Silver Street and Fletcher Street in close proximity to the University of Illinois Urbana-Champaign. Originally constructed in 1969 and partially renovated in 2023, the properties feature an efficient mix of primarily one-bedroom units with select two-bedroom units. The portfolio is currently operating at approximately 9.86% occupancy, presenting investors with a rare opportunity to implement a comprehensive lease-up and renovation strategy. Supported by strong regional connectivity and the presence of a major university with enrollment exceeding 55,000 students, the market benefits from steady rental demand driven by students, faculty, healthcare, and research-related employment. Silver Street represents an opportunity to acquire scale in a stabilized university market with the ability to enhance operations, complete deferred improvements, and drive long-term value through strategic repositioning. Auction Platform Page: https://rimarketplace.com/auction/3065/multifamily/urbana/il

Contact:

Frontline Real Estate Partners

Property Subtype:

Multi Family

Date on Market:

2026-03-17

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