Commercial Real Estate in Illinois available for sale
Investment Properties For Sale

Investment Properties for Sale in Illinois, USA

More details for 634-636 N Orleans St, Chicago, IL - Multifamily for Sale

Orleans & Ontario Building - 634-636 N Orleans St

Chicago, IL 60654

  • Investment Property
  • Multifamily for Sale
  • $4,305,861 CAD
  • 7,700 SF

Chicago Multifamily for Sale - River North

At Orleans and Ontario Street in Chicago’s River North district, 634-636 N Orleans Street is a highly visible mixed-use property available for auction purchase. Constructed in 1920, the building exhibits the timeless warehouse loft-style architecture that defines much of Downtown Chicago’s early 20th-century charm. Encompassing approximately 10,070 square feet, the property is primarily occupied by long-term tenants, with a vacant coach house offering additional flexibility for redevelopment or new tenancy. Generating gross income exceeding $200,000 annually, the asset features five tenants and includes a prominent outdoor billboard that provides steady passive income. With the suggested opening bid well below previous valuation, 634-636 N Orleans Street presents an attractive value opportunity for investors, offering immediate income potential and substantial long-term upside. Located near attractive neighborhood amenities, including the East Bank Club, the iconic Mr. Beef restaurant, and several new commercial developments, such as the upcoming Bally’s Chicago casino slated for a 2026 opening, the property benefits from sustained area growth. Moreover, the Chicago Avenue Station, serving the Brown and Purple lines, offers convenient access for tenants and visitors to the area. Within a 2-mile radius, over 162,000 households generate $5.6 billion in annual consumer spending, driving strong demand for retail, residential, and office space throughout this thriving corridor. Contact Rick Levin & Associates Inc. today to learn more about this auction opportunity.

Contact:

Rick Levin & Associates, Inc.

Property Subtype:

Apartment

Date on Market:

2025-09-22

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More details for 15+/- Bed Memory Care Illinois Near Peoria, Elmwood, IL - Health Care for Sale

15+/- Bed Memory Care Illinois Near Peoria - 15+/- Bed Memory Care Illinois Near Peoria

Elmwood, IL 61529

  • Investment Property
  • Health Care for Sale
  • $4,032,473 CAD
  • 13,381 SF
  • Controlled Access
  • Smoke Detector

Elmwood Health Care for Sale - Outlying Peoria County

KW Commercial and My ALF Consultant are pleased to offer for sale a family-owned, custom-built assisted living and memory care facility, featuring 12 units with an allowed occupancy of up to 16 residents. Constructed in 2014, this 12,720-square-foot facility includes a secure assisted living wing and a memory care wing, connected by an interior courtyard. The assisted living side offers three one-bedroom suites and three standard rooms, all with private bathrooms, while the memory care wing has three private rooms with private bathrooms and three rooms with shared bathrooms. Both wings feature separate living and dining areas, creating a cozy, home-like environment with soft colors, fireplaces, and sunrooms. Situated on a large lot in a high-end residential neighborhood, the facility enjoys scenic views and a serene setting. Operating since 1993 as part of a three three-facility portfolio, it maintains high occupancy and strong room rates, reflecting its reputation for personalized care. With 24/7 staff support, specialized Alzheimer’s care, and engaging activities, it ensures residents’ dignity and independence in a secure environment. Financially, the facility generated a 2024 Seller’s Discretionary Income of $327,737.21, presenting a robust investment opportunity. Eligible for SBA 7a and 504 loan programs, experienced operators may acquire the real estate and business with as little as 10% down. Interested parties must sign a confidentiality agreement for further details.

Contact:

Midwest Investment Advisors

Property Subtype:

Assisted Living

Date on Market:

2025-09-19

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More details for 105 E Illinois Hwy, New Lenox, IL - Land for Sale

105 E Illinois Hwy

New Lenox, IL 60451

  • Investment Property
  • Land for Sale
  • $703,974 CAD
  • 0.87 AC Lot
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More details for 131 Church st, North Utica, IL - Specialty for Sale

131 Church st

North Utica, IL 61373

  • Investment Property
  • Specialty for Sale
  • $393,679 CAD
  • 2,551 SF
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More details for 900 Elizabeth St, Antioch, IL - Specialty for Sale

900 Elizabeth St

Antioch, IL 60002

  • Investment Property
  • Specialty for Sale
  • $1,496,799 CAD
  • 26,731 SF
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More details for 251 N Center St, Joliet, IL - Health Care for Sale

251 N Center St

Joliet, IL 60435

  • Investment Property
  • Health Care for Sale
  • $1,503,634 CAD
  • 16,303 SF

Joliet Health Care for Sale - Joliet/Central Will

Presenting 251 North Center Street, a rare opportunity to purchase or lease a larger one-story office building with high visibility in Joliet. After years of diligent upkeep and renovation, this 16,300 SF building showcases attractive architectural details of 1932 construction without the negatives often found in an older structure. Zoned B-1 Neighborhood Business within the City of Joliet, this property will accommodate a wide range of office, medical, or retail users. Currently configured for 21 private offices, 3 spacious recreation rooms, a commercial kitchen with hood, and a fully finished basement with elevator access. Long home to Senior Services of Will County, the 16,300 SF building has been properly maintained with numerous big-ticket replacements and servicing including roof and HVAC systems. In addition to a parking availability for 40 vehicles on site, this offering includes an additional .48 acre parking lot and detached garage across Center St, giving a total of 78+ parking spots. Building is ADA accessible with multiple entrances including a main covered entrance with air curtain system. Conveniently positioned in a great Joliet area, a quarter mile west of downtown, half mile south of University of St. Francis, two blocks north of Jefferson, and 1.3 miles north of I-80. A front facing LED Monument capitalizes on the 13,000+ vehicles per day exposure on Center ST. This is a versatile and strategically positioned space for the growing company or investor. Some leaseback opportunities exist with current tenants but entire space is available to a new owner or tenant if desired. Don’t miss this opportunity- call for more information or schedule a private tour!

Contact:

John Greene Commercial

Property Subtype:

Assisted Living

Date on Market:

2025-09-12

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More details for 321 Edgewater Dr, Bloomingdale, IL - Land for Sale

321 Edgewater Dr

Bloomingdale, IL 60108

  • Investment Property
  • Land for Sale
  • $3,417,350 CAD
  • 4.70 AC Lot
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More details for 901-934 Center St, Elgin, IL - Health Care for Sale

Elgin Hospital - 901-934 Center St

Elgin, IL 60120

  • Investment Property
  • Health Care for Sale
  • $13,669,400 CAD
  • 254,000 SF

Elgin Health Care for Sale - Far Northwest

Versa Real Estate Services, as the exclusive agent, is pleased to offer for sale the fee simple interest in 901 Center Street, Elgin, Illinois, the former site of Sherman Hospital. The property includes approximately 254,000 square feet of building space situated on 14.4 acres in a residential neighborhood east of the Fox River, just one mile south of I-90 and less than a mile north of downtown Elgin, offering excellent accessibility. The hospital complex spans three parcels totaling 8.48 acres, with an adjacent parking area comprising 22 parcels totaling 5.92 acres. Given the substantial land and building footprint, the site presents a wide range of re-development or adaptive reuse opportunities. Potential uses include: • Healthcare or medical facilities • Mixed-use or residential development (single-family, townhomes, apartments) • Community or recreational centers • Educational or innovation hubs • Senior or assisted living facilities • Entertainment venues or cultural spaces • Public parks or green space Elgin has experienced notable economic growth over the past five years. Known for its strong manufacturing base, including metal products, electronics, and industrial machinery, the city is home to major employers such as NTN Bearing, Motorola Solutions, Harting Technology Group, Fisher Nuts, and Wanxiang America Corporation. Other key employers include Elgin School District U-46, Advocate Sherman Hospital, Ascension Saint Joseph Hospital, and J.P. Morgan Chase.

Contact:

Versa Real Estate Services

Property Subtype:

Hospital

Date on Market:

2025-08-18

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More details for 11385 Lincoln Hwy, Mokena, IL - Retail for Sale

7 Brew - 11385 Lincoln Hwy

Mokena, IL 60448

  • Investment Property
  • Retail for Sale
  • $2,033,323 CAD
  • 510 SF

Mokena Retail for Sale - Joliet/Central Will

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land only) in a newly built, freestanding, absolute NNN, 7-Brew investment property located in Mokena, IL (Chicago MSA). The tenant, Who Brew IL I, LLC (dba 7-Brew), recently signed a brand new 15-year lease with 8 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases through year 6 followed by a one-time 10% increase in year 11 with an additional 10% increase at the beginning of each option thereafter (see rent roll). The lease is franchisee guaranteed and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Founded in 2017, 7-Brew has quickly become a consumer favorite coffee chain with over 430 locations. 7-Brew is strategically located near the signalized, hard corner intersection of Lincoln Highway and Wolf Road with clear visibility and access to an average of 34,800 vehicles passing by daily. The property also benefits from nearby access onto U.S. Highway 45 (35,200 VPD), connecting the southern Chicago MSA. The property is ideally situated within a dense retail trade area and lies as an outparcel to Mokena Marketplace, a 385K+ SF Community Center anchored by Meijer and JCPenney. The additional surrounding tenants include PetSmart, Kohl’s, Chipotle, Binny’s Beverage Depot, McAlister’s Deli, Chase Bank, Office Depot, and others. The strong tenant presence drives a steady stream of loyal, local consumers, promoting crossover exposure and contributing to the economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including New Lenox Horizon Senior Living (53 units), Lincoln Station Rowhomes (220 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 98,600 residents and 41,900 daytime employees with an affluent average household income of $155,200.

Contact:

SRS Real Estate Partners

Date on Market:

2025-08-15

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More details for 1440 Higgins Rd, Park Ridge, IL - Land for Sale

1440 Higgins Rd

Park Ridge, IL 60068

  • Investment Property
  • Land for Sale
  • $5,467,760 CAD
  • 2.19 AC Lot
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More details for 10700 W Lincoln Hwy, Frankfort, IL - Land for Sale

Frankfort Land - 10700 W Lincoln Hwy

Frankfort, IL 60423

  • Investment Property
  • Land for Sale
  • $1,640,328 CAD
  • 5 AC Lot
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More details for 208 S Johnson St, Macomb, IL - Specialty for Sale

Old Spoon River College - 208 S Johnson St

Macomb, IL 61455

  • Investment Property
  • Specialty for Sale
  • $950,023 CAD
  • 50,491 SF
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More details for 2620 W Evergreen Ave, Chicago, IL - Multifamily for Sale

2620 W. Evergreen Ave. - 2620 W Evergreen Ave

Chicago, IL 60622

  • Investment Property
  • Multifamily for Sale
  • $1,346,436 CAD
  • 5,526 SF
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More details for 2732 W Belmont Ave, Chicago, IL - Multifamily for Sale

2732 W Belmont Ave

Chicago, IL 60618

  • Investment Property
  • Multifamily for Sale
  • $2,050,410 CAD
  • 3,600 SF
  • Air Conditioning
  • Private Bathroom
  • Kitchen

Chicago Multifamily for Sale - Northwest City

Incredibly Rare opportunity to own this multifaceted one-of-a-kind property with unmatched potential and versatility offering a fully Stabilized All Brick 2-Unit building updated to modern standards and fully renovated with contemporary condo quality finishes + a Huge 1,800 sqft All Brick original carriage house/garage w/16.5' ceiling height offering extensive/creative use potential + an expansive private parking lot all on a 75x120 Triple Lot w/75' of frontage on Belmont Ave in a Premier Avondale location just east of the California/Elston intersection and just west of the River; Brick 2- flat fully renovated in 2019 featuring (2) full floor 3 bedroom / 1 bath units w/large living rooms w/bay windows &separate dining areas leading to contemporary white crowned shaker/granite/S/S kitchens w/plentiful cabinetry/storage, stone baths w/walk-in showers, generously sized bedrooms, pre-engineered wood floors throughout, in-unit laundry, central heat/A/C &private outdoor deck space + common ground floor patio; Full unfinished basement w/7.5' ceiling height offering additional unit/duplex buildout potential or keep as storage; Original carriage house/garage with extensive use (M1 zoning) potential including workshop, studio, retail, event or storage and huge 50x90 side lot fronting Belmont just waiting for your ideas; A rare opportunity for stabilized cash flow coupled with creative user/investor potential; Come Tour!

Contact:

Compass

Property Subtype:

Multi Family

Date on Market:

2025-04-15

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More details for 2000 W Jefferson St, Joliet, IL - Land for Sale

2000 W Jefferson St

Joliet, IL 60435

  • Investment Property
  • Land for Sale
  • $4,075,037 CAD
  • 7.95 AC Lot
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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

  • Investment Property
  • Land for Sale
  • $1,578,816 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 3139 N Central Ave, Chicago, IL - Retail for Sale

3139 N Central Ave

Chicago, IL 60634

  • Investment Property
  • Retail for Sale
  • $1,201,540 CAD
  • 4,800 SF

Chicago Retail for Sale - Northwest City

RESTAURANT BUILDING FOR SALE 3139 N Central Ave, Chicago, IL 60634 Key Features We are pleased to present a premier 4,800 sq. ft. restaurant space available for sale in a highly visible and accessible location off the hard corner of Central Ave. and Belmont Ave. This second-generation restaurant comes with a full buildout, designed to accommodate a variety of dining formats, including both fine dining and buffet services. With an upscale, fully equipped kitchen and a versatile layout, this space offers endless potential for diverse culinary operations. State-of-the-Art Kitchen Includes: The kitchen is designed for high-efficiency restaurant operations, featuring a chip station, a fully integrated POS system, an ice cream cooler, and two standing 6-foot pastry coolers. Additional refrigeration includes a Veryfine standing cooler, a Pepsi cooler, and a 15-foot cooler with a service and equipment station. Essential back-of-house equipment includes an ice machine, a keg system with two independent lines (one with three outputs and the other with two outputs), and six juice mixer stations, including a fresh orange juice extractor. The cooking area is fully outfitted with a 13-foot hood, a large flat stone, a large grill stove with 8 burners, a 6-burner grill stove with an additional 2-burner flat stove, a 2-basket fryer, and an 8-foot prep station. Additional equipment includes a Jackson dishwasher, a range guard fire suppression system, a two-bin sink, a one-bin sink, a hand wash sink station, and an Alliance refrigeration ice machine. The restaurant also features a 2-section standing cooler and a spacious 2-door walk-in cooler measuring 13.6 x 7.9 feet, providing 106 square feet of storage. Bar & Buffet Areas The bar area is fully equipped with a dedicated bar prep section, an ice machine, and a hand-washing sink for efficient drink service. The restaurant is also designed to support buffet service, featuring holding trays and heat sources to maintain food at optimal temperatures. Additional Amenities The dining area features 14 private booths with adjustable lighting for a refined dining experience, along with 2 large private booths for VIP or group seating. The restaurant also includes 4 large tables, each with seating for 8, making it ideal for group gatherings or corporate events. A striking central water pillar structure adds to the unique design and ambiance of the space. Two flat-screen TVs, one large and one small, provide entertainment options for guests. Additional amenities include an office space measuring 11.4 x 13.2 feet (150 square feet), a dedicated data room, and an alarm system with a flat TV for security monitoring. Investment Highlights This property presents an excellent investment opportunity, offering a fully built-out, move-in-ready restaurant space in a prime location. The restaurant’s unique architectural design, including the central water pillar, enhances its competitive edge. The flexible layout allows for potential expansion or customization, including outdoor seating or additional event space. Prime Location for High Foot Traffic Situated at the hard corner of Central Ave. and Belmont Ave., this location offers exceptional visibility and accessibility. The intersection is a well-trafficked area, drawing both pedestrian and vehicle traffic. The property is positioned in a commercial district with established businesses, creating a steady flow of potential customers. Turnkey Operation This is a rare opportunity to acquire a fully built-out restaurant space with all necessary equipment and infrastructure in place. The property is ready for immediate operation, significantly reducing start-up costs and eliminating the need for expensive renovations. New owners can seamlessly transition into business without delays. Zoning & Permits The property is located in a commercial zoning district, making it ideal for restaurant operations. Specific zoning, such as B3-2, should be verified to ensure compliance with the intended use. All necessary health permits and safety certifications are in place, streamlining the process for a new owner to take over operations. Liquor licenses and other relevant certifications may be transferable, subject to approval. Nearby Developments & Infrastructure The surrounding neighborhood is experiencing ongoing development, with new residential and commercial projects expected to further increase foot traffic. The property benefits from nearby national retailers, including Dunkin’, which drive additional traffic to the area. Other nearby businesses include event service providers like Alborada Brides Inc., which specializes in event design, planning, catering, and banquet hall services, making this an attractive location for event-hosting businesses. Financial & ROI Potential This restaurant space presents a strong revenue potential with a high return on investment due to its prime location, fully equipped buildout, and established dining infrastructure. The continued growth and development in the area contribute to the long-term profitability of the property. Competitive Advantages The restaurant’s standout architectural elements, including the central water pillar, provide a unique and memorable ambiance. The well-equipped kitchen, large dining area, and buffet-ready setup distinguish this space from other available restaurant properties. Modern, energy-efficient HVAC and utility systems further enhance operational efficiency, reducing ongoing costs. Potential Beyond a Restaurant While ideally suited for a restaurant, this space offers flexibility for other commercial uses, such as a café, event venue, or retail establishment. The layout and infrastructure can be adapted to accommodate a variety of business models. Neighborhood Highlights The area is a vibrant culinary hub with numerous dining options, attracting a steady stream of patrons. Public transportation access and close proximity to major expressways ensure easy accessibility for both customers and employees. Parking is readily available, with a private parking plaza across the street providing free parking for customers and staff, along with additional metered parking options. Total Square Footage: 4,800 sq. ft. This exceptional restaurant space offers 4,800 sq. ft. of fully built-out commercial space, making it a rare opportunity for an investor or operator looking to establish a thriving business in one of Chicago’s most sought-after neighborhoods. Contact Information For further details or to schedule a viewing, please contact: Manny Regalado Senior Commercial Broker 312.730.2029 mregalado@kwcommercial.com

Contact:

KW Commercial Chicago

Property Subtype:

Restaurant

Date on Market:

2025-03-23

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More details for W 159th St, Orland Park, IL - Land for Sale

W 159th St

Orland Park, IL 60462

  • Investment Property
  • Land for Sale
  • $1,209,742 - $3,253,317 CAD
  • 1.08 - 2.50 AC Lots
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More details for 2022-2026 W 95th St, Chicago, IL - Office for Sale

2022-2026 W 95th St

Chicago, IL 60643

  • Investment Property
  • Office for Sale
  • $1,291,758 CAD
  • 7,575 SF
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More details for 1026 W Jackson Blvd, Chicago, IL - Land for Sale

Redevelopment Opportunity - DR-5 Zoned Land - 1026 W Jackson Blvd

Chicago, IL 60607

  • Investment Property
  • Land for Sale
  • $9,978,662 CAD
  • 0.67 AC Lot
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More details for 100 E Indian Trail Road, Aurora, IL - Land for Sale

Multi-Family Zoned R-5 (S) - 100 E Indian Trail Road

Aurora, IL 60506

  • Investment Property
  • Land for Sale
  • $587,648 CAD
  • 3.29 AC Lot
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More details for 12445 S 248th Ave, Plainfield, IL - Land for Sale

5.39 Ac Andermann Commercial - 12445 S 248th Ave

Plainfield, IL 60585

  • Investment Property
  • Land for Sale
  • $2,407,062 CAD
  • 5.39 AC Lot
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