Bank Owned Properties For Sale

7822-7824 S South Shore Dr

Chicago, IL 60649

Bank Owned Property
Multifamily for Sale
$2,830,549 CAD
26,229 SF

Air Conditioning
Sprinkler System
Private Bathroom
Kitchen
Smoke Detector

Chicago Multifamily for Sale - South Chicago

Safdie Realty Group has been retained on an exclusive basis to arrange for the sale of 100% of the Membership Interests of a Limited Liability Company that owns the real property located at 7822-7824 S. South Shore Drive, Chicago, IL ("Real Property"). This sale is not for the direct fee simple ownership of the Real Property itself. The Real Property is a multifamily apartment building comprising a total of 24 units. A data box of further information/documentation is available upon request and signed NDA. Bidder Registration Deadline: February 20th, 2026 Auction Date: February 26, 2026, 9:00am ET For more information reach out directly: Roni Yaghoobzar (516) 469-0773 Roni@safdierealtygroup.com

Contacts:

Safdie Realty Group

Arion Fund

Property Subtype:

Apartment

Date on Market:

2026-01-12

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More details for 1400 S Wolf Rd, Wheeling, IL - Office for Sale

Building 100 & 200 - 1400 S Wolf Rd

Wheeling, IL 60090

Bank Owned Property
Office for Sale
$10,230,900 CAD
57,866 SF

Air Conditioning
Security System
24 Hour Access
Conferencing Facility
Controlled Access

Wheeling Office for Sale - Central North

L&B All Star Realty Advisors is pleased to offer an office complex investment opportunity located at 1400 S. Wolf Road, Wheeling, Illinois, in the heart of the Chicago’s Northwest suburban market. The property is well accessible from interstate I-294 / Tollway or Route 53 via Palatine Road, and located on a highly visible southwest corner of Wolf & Palatine Roads, and adjacent to the Chicago Executive Airport. The complex consisting of two buildings, with a total of 116,226 square feet. Built on slab on grade, the campus consists of two buildings which connect to each other. Building 100, consists of approximately 55,268 rentable square feet, and building 200 consists of a total of 57,866 of rentable square feet. The overall total of rentable space consists of 113,134 square feet. The property’s site consists of approximately 352,106 square feet of land, rectangular in shape and level grade, with all utilities available. The site zoned as I-1, Light Industrial and Office District. Once stabilized, this asset presents an opportunity to collect strong current cash flow with a potential for future industrial redevelopment. The complex consists of 22 units, and is currently 70% occupied. In addition, FedEx leases 50 parking spaces under longtime terms till August 2031. Leased office space varies from 1,600 sqft to a high of 23,993 sqft. Vacant space ranges from a low of 138 sqft to a high of 6,915 sqft. As stabilize, total projected monthly income is approximately $136,128 / $1,633,536 yr. Estimated capitalization rate after general expenses is projected at 12.1%. Appeal of suburban low-rise office properties affordable a cost-effective option over mid-rise buildings and are ideal for main or satellite locations away from congested urban areas. In addition, the style of building offers 24/7 access, together with tenant-controlled HVAC, and parking adjacent to entrances. Space options allow tenants to either grow or reduce space as needed. Units can be easily expanded by creating a cased wall opening which keeps tenant improvement costs to a minimum.

Contact:

LB All-Star Realty Advisors LLC

Date on Market:

2026-01-06

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403 S Main St

Wilmington, IL 60481

Bank Owned Property
Retail for Sale
$1,159,161 CAD
5,708 SF

Wilmington Retail for Sale - Joliet/Central Will

Outstanding opportunity awaits! Bank owned restaurant in immaculate condition with extensive high quality professional equipment awaiting your business to open immediately. Brick construction with office/ apartment on second floor. Interior features gaming section, multiple bar areas, huge professional kitchen with all equipment included ( detailed equipment list available) Ample parking. Located near Rt 66 and all of the surrounding growing communities. Call or email for additional information and to schedule private showing today!~

Contact:

ReMax Top Properties

Property Subtype:

Freestanding

Date on Market:

2025-12-23

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330 Main St

Seneca, IL 61360

Bank Owned Property
Retail for Sale
$476,078 CAD
1,500 SF

24 Hour Access

Seneca Retail for Sale - I-39 Corr/LaSalle County

Operating gas station for sale, 1500 SF store, walk-in cooler, liquor and lottery, four (4) fiberglass tanks, four (4) gasoline and diesel dispensers, low property taxes. Priced at $349,000 for both real estate and business; $299,000 for real estate only. The gas station is currently being leased (lease term ends by the end of year). Owner finance available with 30% down payment for qualified buyer.

Contact:

Yan & Associates

Property Subtype:

Service Station

Date on Market:

2025-10-19

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20920 Governors Hwy

Olympia Fields, IL 60461

Bank Owned Property
Land for Sale
$170,515 CAD
1.06 AC Lot

Olympia Fields Land for Sale - Far South

MoHall Commercial & Urban Development presents an unparalleled development opportunity at 20920 Governors Highway, Olympia Fields, IL. This 1.05-acre commercial parcel is zoned B-3 General Retail and Limited Service District, making it an ideal location for a range of commercial developments, including retail centers, financial institutions, medical offices, quick-service restaurants, and mixed-use projects. Positioned in a high-traffic corridor with 18,667 vehicles passing daily, this site offers exceptional visibility and accessibility for businesses looking to establish a strong presence in a rapidly growing market. Strategically located between Walgreens and Gordon Food Services, the property benefits from cross-access easements, ensuring seamless entry and exit for customers and deliveries. The flat, cleared lot is fully improved with water, sewer, electricity, and gas, providing a shovel-ready site for immediate development. Its prime frontage along Governors Highway enhances exposure, while its easy ingress and egress make it highly convenient for both customers and employees. Developers and investors will appreciate the strong local demographics, with 7,697 residents within a one-mile radius and a median household income of 73,302, ensuring consistent consumer demand. Additionally, a daytime workforce of over 5,000 employees creates further opportunities for businesses catering to professionals and local workers. With its B-3 zoning, this property is ideal for national retailers, medical facilities, professional office buildings, restaurants, and service-oriented businesses. Olympia Fields continues to experience strong commercial growth, making this an exceptional opportunity for developers seeking a high-exposure, investment-ready site in a well-established community. This is a rare chance to secure a premier development site in one of Cook County's most sought-after commercial corridors. Whether you're an investor, developer, or business owner, this property provides the perfect foundation for a successful commercial venture. Act now to secure this prime location.

Contact:

MoHall Commercial & Urban Development

Property Subtype:

Commercial

Date on Market:

2025-02-28

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500 River Oaks Dr

Calumet City, IL 60409

Bank Owned Property
Retail for Sale
$1,227,708 CAD
127,434 SF

Calumet City Retail for Sale - Near South Cook

Buyer Must Register On http://www.cookcountylandbank.org Prior To Showing

Contact:

Avison Young

Property Subtype:

Storefront

Date on Market:

2025-01-31

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More details for 565 E 170th St, South Holland, IL - Specialty for Sale

Industrial Property - 565 E 170th St

South Holland, IL 60473

Bank Owned Property
Specialty for Sale
$402,415 CAD
4,920 SF

South Holland Specialty for Sale - Near South Cook

Avison Young is pleased to present the opportunity to acquire the ±4,920 SF former car wash located at 565 East 170th Street in South Holland, Illinois. The subject property was a self-service car wash from which the equipment has been removed. It features numerous bays, presenting an excellent opportunity to redevelop into an Auto Repair or another Auto use. The property is lender-owned whereby the Seller aquired the property via a forclosure. Contact brokers for more information!

Contact:

Avison Young

Property Subtype:

Car Wash

Date on Market:

2025-01-06

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More details for SEC Three Oaks & Georgetown Rd, Cary, IL - Land for Sale

6.67 Acre Vacant Commercial Site - SEC Three Oaks & Georgetown Rd

Cary, IL 60013

Bank Owned Property
Land for Sale
$1,335,473 CAD
6.67 AC Lot

Cary Land for Sale - Far Northwest

COMMERCIAL DEVELOPMENT LAND WITH FRONTAGE ON 3 ROADS 6.67 acres relatively rectangular commercial site with frontage on 3 roads with soft corners. Zoned B-2. Signalized intersection. All utilities to site, off site detention. Bank owned, graded and engineered site, now priced to sell. Excellent site for banquet facility, funeral home, or medium box retailer. Perhaps mixed use with retail and multi-family. Reduced to $3.37 psf.

Contact:

Premier Commercial Realty

Property Subtype:

Commercial

Date on Market:

2012-09-07

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Shoppes Of Knollwood

Bank Owned Property
Retail for Sale
38,517 SF
2 Retail Properties

Champaign Portfolio of properties for Sale

The Shoppes of Knollwood features a 38,517-square-foot multi-tenant retail center across two (2) buildings on 5.62 acres along South Neil Street in Champaign, Illinois. Constructed in 1998 and zoned CG: Commercial General District, the center is currently 65.6% occupied, offering investors a rare opportunity to acquire a positive cash flowing retail property with the ability to add value through lease-up and stabilization. The center features excellent visibility, multiple access points, and ample surface parking with 347 spaces, serving a diverse tenant mix that includes healthcare, financial, and service-oriented users. Strategically positioned less than two (2) miles south of the University of Illinois, The Shoppes of Knollwood benefits from consistent traffic, strong surrounding retail demand, and proximity to major national and regional retailers. With its prime location, durable construction, and clear potential for enhanced income generation, The Shoppes of Knollwood presents investors with an exceptional opportunity to acquire a well-located retail asset in a thriving Champaign corridor.

Contact:

Frontline Real Estate Partners

Date on Market:

2025-11-20

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More details for 2110 Fox Dr, Champaign, IL - Office for Sale

Corporate Center - 2110 Fox Dr

Champaign, IL 61820

Bank Owned Property
Office for Sale
34,150 SF

Champaign Office for Sale

2110 Fox Drive is a 34,150-square-foot, single-story Class B office building located on Fox Drive in Champaign, Illinois. Built in 1998 and situated on 3.35 acres, the building features four (4) units, a prominent monument sign along Fox Drive, and a generous on-site parking lot with 124 spaces (3.63 per 1,000 SF). Currently 25.7% occupied, the building is leased to New City Church and Ivy Rehab, offering immediate income with substantial lease-up potential. Two vacant suites totaling 25,502 square feet (10,528 SF and 14,974 SF) provide excellent flexibility for new tenants or an owner-user. The Property presents a strong value-add opportunity in a high-demand corridor surrounded by professional offices, retail amenities, and major employers. Nearby national and regional retailers include Harvest Market, ACE Hardware, Starbucks, Moe’s Southwest Grill, Smoothie King, Oberweis Ice Cream, Taco Bell, Steak ’n Shake, and McDonald’s. Major employers in the region include the University of Illinois, Carle Health Systems, Kraft-Heinz, and Presence Health.

Contact:

Frontline Real Estate Partners

Date on Market:

2025-11-20

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2107 S Neil St

Champaign, IL 61820

Bank Owned Property
Office for Sale
20,000 SF

Champaign Office for Sale

2107 S. Neil Street is a 20,000 square-foot, Class B office building located along Neil Street in Champaign, Illinois. Built in 1998 and situated on 2.18 acres, the building features two (2) units, ample on-site parking with 126 spaces (6.3 per 1,000 SF), and excellent visibility along one of Champaign’s primary commercial corridors. The building is fully leased by Communications Data Group and Quest Diagnostics, each established businesses, providing stable income, generating a operating income (NOI) of approximately $232,517. Opportunity to acquire a secure, low-maintenance asset in a thriving Champaign location. The surrounding area features a mix of retail and office uses, with nearby national and regional retailers including Harvest Market, ACE Hardware, Starbucks, Moe’s Southwest Grill, Smoothie King, Oberweis Ice Cream, Taco Bell, Steak ’n Shake, and McDonald’s. Major employers in the region include the University of Illinois, Carle Health Systems, Kraft-Heinz, and Presence Health.

Contact:

Frontline Real Estate Partners

Date on Market:

2025-11-20

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2004 Fox Dr

Champaign, IL 61820

Bank Owned Property
Office for Sale
25,100 SF

Champaign Office for Sale

2004 Fox Drive is a 25,100-square-foot, single-story Class B office building located on Fox Drive in Champaign, Illinois. Built in 1988 and situated on 2.26 acres, the building features eight (8) units, a prominent monument sign along Fox Drive, and ample on-site parking with 98 spaces (3.9/1,000 SF). Currently 86.6% occupied, the building is home to a diverse mix of tenants including Believers and Achievers, Left Lane Auto, Finisar Corporation, Westchester Group Investment Management, Accent Counseling, Champaign Clinic, and Bret D. Kroenke Insurance & Financial Services, along with one 2,500-square-foot vacant suit. The Property offers stable in-place income with upside potential, generating a in-place net operating income (NOI) of approximately $238,872. The surrounding area features a mix of retail and office uses, with nearby national and regional retailers including Harvest Market, ACE Hardware, Starbucks, Moe’s Southwest Grill, Smoothie King, Oberweis Ice Cream, Taco Bell, Steak ’n Shake, and McDonald’s. Major employers in the region include the University of Illinois, Carle Health Systems, Kraft-Heinz, and Presence Health.

Contact:

Frontline Real Estate Partners

Property Subtype:

Medical

Date on Market:

2025-11-20

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More details for 1501-1527 W North Ave, Melrose Park, IL - Retail for Sale

Silo Square - 1501-1527 W North Ave

Melrose Park, IL 60160

Bank Owned Property
Retail for Sale
41,925 SF

Melrose Park Retail for Sale - Melrose Park Area

Multi-tenant retail center located in west suburban Melrose Park (Chicago MSA). The center was renovated in 2011 and consists of approximately 42,000 SF across 11 units. Tenants include Foremost Liquors, H&R Block, Subway, Everyday Black Friday and Furniture, #1 Nails, Hanna’s Gaming, and Big Cloud Vape & Tobacco. The center features excellent frontage along North Avenue (277’) and dual-sided pylon signage at the corner of the signalized intersection at North Avenue & 15th Avenue, featuring visibility and exposure to approx. 48,000 VPD. The center is well located within the North Avenue retail corridor. Neighboring retailers include Costco, Target, Jewel-Osco, Cermak Fresh Market, ALDI, Cinemark Melrose Park, Best Buy, Carters, Foot Locker, Burlington, Ross Dress 4 Less. Marshalls, Five Below, Dollar Tree, AutoZone, Raising Cane’s, Panda Express, Chipotle and Starbucks, among others

Contact:

Frontline Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2025-04-15

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