Homewood Retail for Sale - Far South

Qualified investors are extended the opportunity to acquire the Shoppes at Washington Park Plaza (the Property), a 7,019 square foot, three-tenant unanchored strip building located in Homewood, IL. The Property is 100% occupied by Starbucks (drive-thru), AT&T and Five Guys offering a secure and steady cashflow. The building enjoys outstanding visibility with approximately 200 feet of frontage along S Halsted Street in addition to convenient accessibility and parking.  This well-positioned property, situated within Washington Park Plaza, the premier shopping destination in Homewood, boasts excellent visibility and benefits from the consistent customer flow generated by adjacent national retailers including Best Buy, TJ Maxx, Ross, and Old Navy. The high-quality tenant lineup and ample remaining lease term offer a secure and compelling investment opportunity.

Date on Market:

2025-12-03

Joliet Retail for Sale - Joliet/Central Will

Thriving quality business opportunity awaits! Outstanding Joliet classic with value add potential in super growth area with ample parking and multiple access points. Unmatched reputation, great location, quality recipes and fun energy all included!! Strong regular customer base with drive thru and indoor dining options including established gaming. Well maintained building and equipment are all included. Detailed information for qualified buyers- please call or email for more information today!

Property Subtype:

Fast Food

Date on Market:

2025-12-02

Calumet City Portfolio of properties for Sale - Near South Cook

This 2.153-acre property features two buildings totaling 21,241 SF and 4,368 SF, both equipped with drive-thru and loading dock capabilities, and offers abundant parking for tenants and customers. The site is 100% leased to three tenants and shadow-anchored by Chase Bank, ensuring steady traffic and visibility. Located at a signalized corner on highly trafficked 159th Street with an average daily traffic count of 28,500 vehicles, the property benefits from excellent accessibility just 0.7 miles east of the US 94 Expressway and only 20 miles south of the Chicago Loop. The surrounding area boasts a population of 103,602 within three miles and an average household income of $79,751, with River Oaks Mall adjacent to the site. This investment opportunity offers a net operating income of $271,194 and a 9.4% cap rate, with a new asking price of $2,895,000. Ownership is open to considering all reasonable offers.

Date on Market:

2025-11-24

Peoria Retail for Sale - North Peoria

Positioned in the heart of Peoria’s vibrant retail corridor, this free-standing former quick-service restaurant offers an exceptional opportunity for an owner-user or investor seeking a prime redevelopment site. Built in 2020 and fully equipped, the property features a drive-thru and a complete kitchen setup, enabling a seamless transition for food service operators or creative repurposing for alternative retail concepts. The site boasts excellent visibility and convenient access just off Route 150, ensuring strong traffic flow and connectivity to major thoroughfares. Surrounding national retailers such as Target, Lowe’s, TJ Maxx, PetSmart, CVS, and Northwoods Mall create a high-traffic environment and a strong consumer draw. Peoria, a centrally located city in Illinois with a population of approximately 111,700, offers a stable economic base and a growing retail market, making this location highly desirable in a competitive landscape. With a generous 0.78-acre lot and modern construction, this property is ideal for businesses seeking a strategic foothold in a market that is challenging to penetrate. Whether continuing as a QSR or reimagining the space for a new concept, this asset delivers flexibility, visibility, and long-term value.

Property Subtype:

Fast Food

Date on Market:

2025-11-24

Orland Park Retail for Sale - South Route 45

Sands Investment Group is pleased to exclusively offer for sale a 12,911 SF CVS Pharmacy located at 11201 W 143rd Street in Orland Park, IL. The property sits on a 1.96-acre hard corner, signalized parcel and features an Absolute Triple NNN (NNN) Lease with CVS, including an upfront 1:1 escrow account fully covering the rent holiday period. In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429

Property Subtype:

Drug Store

Date on Market:

2025-11-24

Morton Retail for Sale - Outlying Tazewell County

Seize the opportunity to own a modern, fully built-out restaurant property in one of Morton’s most visible and high-traffic corridors. This 2020 construction combines contemporary design with operational readiness, featuring a drive-thru and complete kitchen setup for immediate occupancy. Located off Interstate 74, the site delivers unmatched exposure and accessibility, supported by a prominent pylon sign visible from the highway. The property sits adjacent to a Kroger-anchored center and is surrounded by leading national brands, ensuring consistent customer flow. Morton’s strong demographics, regional connectivity, and thriving retail environment make this an exceptional investment for operators seeking growth in a dynamic market.

Property Subtype:

Fast Food

Date on Market:

2025-11-21

Washington Retail for Sale - Outlying Tazewell County

Positioned on one of Washington, Illinois’s most heavily trafficked corridors, 1106 Peoria Street offers a rare opportunity to acquire a freestanding retail asset with immediate operational potential. Formerly operating as a quick-service restaurant, the property is fully built out and includes a drive-thru, making it ideal for food service, retail conversion, or redevelopment. The 1,920-square-foot building sits on a 0.55-acre parcel and benefits from C-2 zoning, allowing for a wide range of commercial uses. The site enjoys exceptional visibility and access along Peoria Street, a key commercial artery in Washington, with neighboring national retailers such as Walgreens, CVS, and Hardee’s driving consistent foot traffic. The surrounding area is characterized by strong demographics, including an average household income exceeding $110,000 within a five-mile radius and a stable population of over 30,000 residents. Washington’s proximity to Peoria—just 10 miles west via U.S. Route 24—positions the property within reach of major employers and regional amenities while maintaining the charm and stability of a suburban community. This asset is well-suited for investors seeking a high-visibility location in a growing market or for owner-users ready to capitalize on the existing infrastructure. With its strategic location, built-in drive-thru, and proximity to established co-tenants, 1106 Peoria Street stands out as a compelling retail opportunity in Central Illinois.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

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

Peoria Retail for Sale - North Peoria

Positioned in a high-visibility retail corridor, this freestanding former quick-service restaurant (QSR) at 8905 N Allen Rd in Peoria, Illinois presents a turnkey opportunity for investors or owner-users. The property spans 2,707 square feet on a 0.68-acre parcel and is fully equipped with kitchen infrastructure, including a drive-thru, making it ideal for immediate reactivation or redevelopment. Strategically located as an outparcel to Walmart, the site benefits from consistent foot traffic and strong visibility along N Allen Road, with direct access to Route 6. The surrounding area is a vibrant retail hub, featuring national brands such as Menards, Aldi, AutoZone, Bob Evans, Arby’s, and Burger King, reinforcing the location’s commercial appeal. Peoria, a mid-sized city in central Illinois, boasts a population of approximately 111,700 (2024 estimate), with over 72,000 residents within a 5-mile radius. The average household income in this area exceeds $100,000, and the average home value ranges from $226,849 to $274,493, indicating a stable and affluent consumer base. This property’s C2 zoning allows for a variety of commercial uses, and its existing infrastructure significantly reduces startup costs for food service operators. Whether repurposed for another QSR concept, retail storefront, or service-based business, the site offers a compelling blend of location, visibility, and built-in value.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Pekin Retail for Sale - Outlying Tazewell County

Positioned on the high-traffic corridor of Court Street in Pekin, Illinois, this freestanding former quick-service restaurant (QSR) presents a prime opportunity for investors or operators seeking immediate market entry. Built in 2020 and spanning 2,275 square feet on a 0.84-acre parcel, the property is fully equipped with kitchen infrastructure and a drive-thru, minimizing startup costs for a new tenant or owner-user. Strategically located as an outlot to Harbor Freight, Dunham’s Sports, and ALDI, the site benefits from consistent foot and vehicle traffic. The surrounding trade area is anchored by a robust mix of national retailers including Starbucks, Menards, Hobby Lobby, Wendy’s, Culver’s, and Petco, reinforcing the location’s retail vitality. The property’s visibility and accessibility are further enhanced by its placement along Court Street, one of Pekin’s most traveled thoroughfares. Pekin, the county seat of Tazewell County, is a key component of the Peoria metropolitan area. With a population of over 31,000, the city offers a diversified economic base spanning manufacturing, agriculture, and logistics. Its proximity to Peoria and access to rail, river, and highway infrastructure make it a compelling location for commercial investment. This asset is ideal for a variety of retail or food service concepts seeking a turnkey solution in a thriving regional market.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Hoffman Estates Retail for Sale - Schaumburg Area

Surmount is pleased to present the exclusive listing for a Steak n' Shake located at 1825 Barrington Road, Hoffman Estates, IL 60169. The site consists of roughly 3,750 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Steak n' Shake is subject to an original 18-year Triple Net (NNN) lease, which commenced 7/4/1998. The current annual rent is $125,377 and the tenant has two 5-year extension options remaining.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Bloomington Retail for Sale

Property Subtype:

Freestanding

Date on Market:

2025-11-11

Stockton Retail for Sale

With 200' of Highway 20 frontage and approximately 3,900 sqft, there are many possibilities for one or multiple businesses to bring their ideas to this property. Several separate spaces on main level and basement with most being finished, the building previously accommodated multiple tenants, and is ready for new ownership. Located just east of Stockton, well placed and visible with high traffic on the main highway for most area attractions and destinations. Property being sold as part of estate; owner licensed Real Estate Broker and Salesperson in Illinois, Wisconsin, and Minnesota. Buyer to verify any/all information and measurements. Some personal property still to be removed prior to sale.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-11-04

Machesney Park Retail for Sale - I-39 Corr/Winnebago Cnty

This prime free-standing retail property offers a rare opportunity to acquire a modern, fully equipped drive-thru restaurant in the thriving retail corridor of Machesney Park, Illinois. Built in 2022, the 3,112 SF building sits on a 0.69-acre lot and features a two-lane drive-thru, a fully equipped kitchen, and inventory included in the sale. The property is strategically located with traffic light access off IL Route 173, which sees approximately 20,100 vehicles per day, ensuring excellent visibility and accessibility. The surrounding trade area is robust, with a population of nearly 279,000 within a 10-mile radius and a median household income of $74,244. The property is positioned in a strong retail node anchored by national brands such as Ross, Ulta, Michaels, TJ Maxx, Old Navy, Famous Footwear, Mobil, Lowe’s, and Kohl’s. Located within a TIF District, this asset offers potential tax advantages for investors. With immediate possession available, this property is ideal for an owner-user or investor seeking a high-quality, income-producing asset in a dynamic retail market. The combination of modern construction, strategic location, and strong demographics makes this an exceptional acquisition opportunity.

Property Subtype:

Fast Food

Date on Market:

2025-10-22

Joliet Retail for Sale - Joliet/Central Will

Stream Capital Partners, as exclusive advisor to the seller, is pleased to present for sale a newly constructed Chipotle asset in Joliet, IL, an affluent community located in Chicago’s southwest suburbs. Chipotle is positioned at the entrance of the Rock Run Collection, a super regional mixed use development with over 1 million square feet of retail, hospitality, entertainment, and multi-family combined. Hollywood Casino relocated their existing Joliet location to Rock Run and features 7 restaurants, 6 bars, ESPN Sportsbook, and a 10,000 SF convention center. The casino, which opened in August 2025, is projected to attract 1 million visitors annually to Rock Run. In addition, a 264-unit multifamily development within Rock Run will welcome residents starting in February 2026. Rock Run is strategically situated at the confluence of I-55 & I-80 (230,000 VPD) with direct access from the Gateway Blvd. Interchange (Exit 251), providing convenient access for local and regional consumers, whether they are traveling from downtown Chicago, downstate IL, Northwest IN, or Iowa. Additionally, the development benefits from a recently opened interchange providing access from I-55 directly into Rock Run.

Property Subtype:

Fast Food

Date on Market:

2025-10-21

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 Restaurant Group (TRG), which operates 470+ restaurants across 22 states. 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

Chicago Retail for Sale - Northwest City

- FLEXIBLE SELLER FINANCING: The owner is offering financing at a variable rate of U.S. Prime Rate + 1.0%. - Structure: Freestanding two-story masonry building constructed in 2004. - Frontage & Depth: 175 feet of frontage on Fullerton and 171 feet on Clybourn. - Parking: 11 on-site surface parking spaces (2.09/1,000 SF ratio). Two curb-cuts. - Drive-Thru: Existing drive-thru infrastructure with curb cuts on both Fullerton and Clybourn. - Visibility: Highly visible corner with signage opportunity at a high-traffic intersection (24,000+ VPD on Fullerton). - Transit Access: Less than one mile to both the Fullerton CTA Station (Red/Brown/Purple) and Clybourn Metra Station. - Transit Oriented Development (TOD): Yes - Availability: Entire building must be leased to a single user – no demising. - Zoning: M1-2 - Enterprise Zone: Property can be rezoned for residential. Property is within Enterprise Zone 4. - HB2621 Affordable Tax Incentive: Qualifies for Tier 3 - Alderman: Scott Waguespack (32nd Ward) - Neighborhood: Lincoln Park

Property Subtype:

Bank

Date on Market:

2025-10-20

Vandalia Retail for Sale

Positioned at a signalized intersection in Vandalia’s Old Capitol Shopping Center, this investment property offers a rare blend of stability and upside. Anchored by the Illinois DMV, which has operated at this location for over 50 years, the site delivers immediate income with a 12.45% cap rate and potential to reach 16.7% + through lease-up of the adjacent vacant bank space. The bank building includes a 659 SF interior and a 2,238 SF drive-thru canopy, ideal for financial services, quick-service retail, or medical use. The property features tax incentives due to Opportunity Zone and development or improvement funds may be available through TIF program.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-10-16

Bradley Retail for Sale

Seize a rare opportunity to lease a distinctive and high-visibility property at 435 E North St in Bradley. This move-in ready former bank branch has been meticulously maintained, offering a like new professional atmosphere without the build-out costs. The flexible floor plan includes numerous private offices and a large and inviting lobby. Beyond the main level, discover a versatile extra space with the fully finished basement. This expansive lower level features updated facilities and provides endless possibilities for expansion, storage, or as a dedicated training center. The property also boasts a fully equipped drive-thru. Located in a commercial hub, your business will benefit from excellent exposure and accessibility, with easy connections to major thoroughfares and I-57. This is the perfect space to elevate your business's image and operational efficiency.

Property Subtype:

Bank

Date on Market:

2025-10-13

Chicago Retail for Sale - South Chicago

High CTA Ridership: The site benefits from being 1 block from the CTA “L” Pulaski station, which saw total entries of 942,000 riders in 2024, making it the Orange Line’s second highest ridership location. Excellent Highway Accessibility: Strategically located just 1.5 miles from Interstate 55, a major arterial route connecting the southwest suburbs to downtown Chicago, which sees approximately 190,000 vehicles per day—providing exceptional regional access and high visibility for commercial traffic. High Traffick Retail Corridor: Pulaski Rd. (34,440 VPD) runs throughout the entire City of Chicago, providing strong traffic counts and visibility to the immediate area. Other retailers include Jewel-Osco, McDonald’s, Chipotle, and Walgreens, among others.

Property Subtype:

Bank

Date on Market:

2025-10-10

Danville Retail for Sale

Positioned in the heart of downtown Danville, this expansive 11,700-square-foot restaurant offers a rare opportunity to acquire a turnkey hospitality asset in a highly visible and accessible location. Situated along North Vermilion Street, a key commercial corridor, the property benefits from strong vehicular traffic, walkability, and proximity to civic landmarks, retail clusters, and residential neighborhoods. The building’s generous footprint allows for flexible interior configurations, ideal for multi-room dining, private event spaces, or segmented service zones. With ample square footage, operators can accommodate large seating capacities, full-service kitchens, and entertainment areas. The site’s layout also supports potential drive-thru or curbside pickup enhancements, subject to zoning. Danville’s strategic location near the Indiana border and its access to major highways—including I-74—make it a regional draw for both local patrons and interstate travelers. The city’s revitalization efforts and business-friendly climate further enhance the appeal for restaurateurs seeking growth in a stable Midwestern market. Nearby anchors such as the Vermilion County Courthouse, Danville High School, and retail centers contribute to consistent foot traffic and daytime population. Whether repositioned as a fine dining destination, banquet hall, brewpub, or multi-concept venue, this property offers the scale and location to support a wide range of culinary visions. Investors and owner-operators alike will appreciate the value-add potential and long-term upside in a market with limited large-format restaurant inventory.

Property Subtype:

Restaurant

Date on Market:

2025-10-08

Quincy Retail for Sale

Own a proven brand with strong cash flow and prime real estate. * 2024 Sales: $1.6M * SDE: $273K — profitable, turnkey operation * Real Estate: Included with drive-thru | 7% cap rate * Established location with long-term stability and growth potential * Inventory, cash, and transfer fees not included * Franchisor approval required A rare chance to step into a profitable, nationally recognized brand with both operating income and real estate appreciation.

Property Subtype:

Restaurant

Date on Market:

2025-10-02

Algonquin Land for Sale - Far Northwest

Highly visible commercial lot seeing 22,3000 vehicles per day, great for potential fast-food site with drive thru!

Property Subtype:

Commercial

Date on Market:

2025-09-12

West Chicago Retail for Sale - Western East/West Corr

FREE STANDING COMMERCIAL BUILDING - Over 1/2 Acre of HIGH VISIBILITY - With 200' frontage on Roosevelt Road w/loads of HEAVY TRAFFIC - PLUS "2" private curb cuts, (two driveways for easy/safe in & out access / exit to Roosevelt Road). Triangular lot allows INCREDIBLE Visibility. NOTE - the Property to the East underwent a huge development - making this property even more desirable! Currently operating as a Real Estate Office with 2 private bathrooms, a kitchen w/sink, countertops and cabinets, a conference room, a Computer/Media room, and a balance of the office is set up for workstations. Could be anything in the B-2 Zoning-FAST FOOD, w/ DRIVE THRU POTENTIAL, Ice Cream Shoppe Medical Center-etc...Bring your Buyer/s and let's talk! Building is expandable or tear it down and build new. You can't find a more preferable location. (Sorry no REAL ESTATE Companies - unless you can work out something w/current occupant.) This might also be ideal for a Kiosk type business such as a drive through coffee KIOSK/etc... Bring out your clients and their imaginations.

Property Subtype:

Freestanding

Date on Market:

2025-09-09