Commercial Real Estate in Illinois available for sale
Bank Owned Properties For Sale

Bank Owned Properties for Sale in Illinois, USA

More details for 6355-6357 S Francisco Ave, Chicago, IL - Multifamily for Sale

6355-6357 S Francisco Ave

Chicago, IL 60629

  • Bank Owned Property
  • Multifamily for Sale
  • $898,422 CAD
  • 9,484 SF
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More details for 7546-7548 S Peoria St, Chicago, IL - Multifamily for Sale

7546-7548 S Peoria St

Chicago, IL 60620

  • Bank Owned Property
  • Multifamily for Sale
  • $966,298 CAD
  • 18,000 SF
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More details for 560 S Homan Ave, Matteson, IL - Land for Sale

5.75± Acres R-2 Residential Development Site - 560 S Homan Ave

Matteson, IL 60443

  • Bank Owned Property
  • Land for Sale
  • $622,080 CAD
  • 5.75 AC Lot
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More details for 7822-7824 S South Shore Dr, Chicago, IL - Multifamily for Sale

7822-7824 S South Shore Dr

Chicago, IL 60649

  • Bank Owned Property
  • Multifamily for Sale
  • $3,041,279 CAD
  • 26,229 SF
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More details for 1515 W Walnut St, Jacksonville, IL - Office for Sale

1515 Building 9 - 1515 W Walnut St

Jacksonville, IL 62650

  • Bank Owned Property
  • Office for Sale
  • $124,278 CAD
  • 2,776 SF
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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
  • $10,368,000 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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More details for 2555 E New York St, Aurora, IL - Land for Sale

E. New York St & Vaughn Rd – Aurora Land - 2555 E New York St

Aurora, IL 60502

  • Bank Owned Property
  • Land for Sale
  • $2,280,960 CAD
  • 5.34 AC Lot
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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
  • $1,353,370 CAD
  • 6.67 AC Lot
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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
  • Price Upon Request
  • 34,150 SF
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More details for 2004 Fox Dr, Champaign, IL - Office for Sale

2004 Fox Dr

Champaign, IL 61820

  • Bank Owned Property
  • Office for Sale
  • Price Upon Request
  • 25,100 SF
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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
  • Price Upon Request
  • 41,925 SF
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