Grayslake Land for Sale - Far North

* Rare 17+ acre infill opportunity in Gages Lake, Lake County * Mixed-use zoning already in place: GC commercial and R4 residential * Strong potential for residential development, commercial use, institutional campus, hobby farm, equestrian property, private compound, or luxury estate * North Woods-style setting with mature trees, wooded trails, stocked pond, and sandy beach * Includes two single-family homes and one duplex producing rental income * Existing income stream allows buyer to hold property while planning future development * Flexible layout: business/frontage use near Gages Lake Road, private estate or development toward rear * Located next to a school and the established Wooded Glen subdivision * Rare combination of acreage, natural beauty, income, zoning flexibility, and suburban location * 17+ acre parcel offered at $3,300,000 * Optional additional .83-acre parcel with 2,700+ sq. ft. home available * Full 18-acre package offered at $3,950,000 * Confirmed showings required to view property

Property Subtype:

Commercial

Date on Market:

2026-06-07

Chicago Multifamily for Sale - South Chicago

Property Subtype:

Apartment

Date on Market:

2026-06-04

Romeoville Land for Sale - Joliet/Central Will

Prime vacant land for sale. +/-10 acres total - includes 3 PIN#s. Zoned B2 Community Shopping District at the corner and Zoned R2 Single Family Residential District. Easy access to I-55 from Taylor Road to Weber Road. Located within Plainfield School District 202, ranked #2 Best School District in Will County. Traffic Counts: 2,900 vehicles per day on Taylor Road 78,200 vehicles per day on I-55 16,608 vehicles per day on Route 126

Property Subtype:

Commercial

Date on Market:

2026-05-29

Elgin Land for Sale - Western East/West Corr

Prime Location: A Main & Main (A+) location in a high growth area located in an undersupplied market in Elgin, Illinois. Nearby Self Storage: Four of the competitors are over 20+ years old and located in inferior locations. Storage Facilities in the 3-mile radius: 6 Visibility/Traffic counts: The project is highly visible fronting US Highway-20 and Randall Road. Traffic counts are greater than 30,000 per day and there is ample unmet self-storage demand.

Property Subtype:

Commercial

Date on Market:

2026-05-26

Wheeling Office for Sale - Central North

Positioned along heavily traveled Dundee Road, this property offers exceptional visibility within one of the North Shore’s established commercial corridors. The location provides convenient access to I-294, Route 53, and Milwaukee Avenue, allowing for easy regional connectivity throughout the greater Chicagoland area. Situated less than one mile from the Metra Wheeling station, the property is easily accessible for both employees and visitors. Surrounded by a dense residential population, the area supports a strong mix of local and regional businesses, including retail, medical, and professional office users. Nearby Wheeling Town Center offers an array of dining, shopping, and entertainment amenities, further enhancing the appeal of the location. Ongoing redevelopment activity throughout the corridor continues to drive investment and long-term growth in the surrounding market.

Property Subtype:

Medical

Date on Market:

2026-05-20

Albion Retail for Sale

Outstanding mixed-use investment opportunity in the heart of downtown Albion! This versatile Main Street property offers a beautifully maintained commercial space on the main level and a stylish upper-level apartment/Airbnb featuring 2-3 bedrooms and 1 full bath. Whether you're looking to establish a retail shop, office, salon, studio, café, boutique, or continue operating it as a restaurant, this property offers endless possibilities. The commercial level features an open layout with attractive finishes, two half baths, vinyl plank flooring installed in 2023, a tankless water heater added in 2025, and an existing commercial kitchen and equipment that can be utilized or adapted to suit a variety of business needs. Upstairs, you'll find a comfortable and inviting living space with a new washer and dryer included, making it ideal for owner occupancy, long-term rental income, or a successful short-term rental. Separate utility meters provide added flexibility for owners and tenants. Major improvements include a new roof in 2021, replacement windows, and a new downstairs air conditioning system installed in 2025. Situated directly across from the town square, this prime location offers outstanding visibility, convenient on-street parking, and steady pedestrian and vehicle traffic. Whether you're an investor seeking multiple income streams, an entrepreneur looking for the perfect business location, or someone wanting the convenience of a live/work property, this unique opportunity is one you won't want to miss.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-05-20

Danville Multifamily for Sale

Great Mini Package!! Duplex and house on one parcel, and duplex on another. Total of 5 units. 4 x 2bed/1bath units and 1 x 1bed/1bath unit. Tons of potential. PROPERTY WILL GENERATE A 19%+ NET RETURN ON INVESTMENT!! OVER 60K IN VALUE ADD!!! Units are rent ready. One of 2bed units just rented for $750/month. Steal this property for cheap before all units are occupied. Property management and financing is available.

Property Subtype:

Apartment

Date on Market:

2026-05-20

Montgomery Land for Sale - Western East/West Corr

Prime investment opportunity at an extremely low price! High potential for various residential development options and ideal for commercial development. Great buy-and-hold value.

Property Subtype:

Commercial

Date on Market:

2026-05-13

Chicago Multifamily for Sale - South Chicago

This beautifully maintained and updated corner building consists of six apartments and two retail spaces. The retail units have recently been leased to a spa on a new 5 Year Lease with options. Five of the six apartments have been updated, including an expansive duplex loft ideal as an owner’s unit, featuring large windows, a high-end kitchen with Viking appliances, and a spa-like bathroom with a Jacuzzi tub and sauna. Abundant natural light enhances each unit, showcasing the property’s quality finishes and inviting atmosphere. All City of Chicago required updates have been completed, including newly paved basement floor, Fire Rated Drywall on the basement ceiling, electrical & new porch. Located on a large lot with street frontage along Archer Avenue, and the building also includes a two-car garage with high ceilings—presenting potential for conversion into additional residential or retail space, or continued use as income- generating parking. A large driveway provides additional parking for multiple cars, a valuable amenity and added income opportunity.

Property Subtype:

Apartment

Date on Market:

2026-05-12

Plainfield Land for Sale - Joliet/Central Will

5.93± AC site fully approved and ready for permits for an 84-unit senior housing project. This single-story wood frame construction will cater to independent, assisted, and memory care living. All utilities are accessible, and substantial water retention from the nearby residential subdivision is already established. The property is zoned R-7 (Village of Romeoville) and is conveniently located less than half a mile east of the proposed future I-55 interchange at Airport Road. For further information about the proposed interchange please visit: https://idot.illinois.gov/programs-and-projects/featured-projects/i-55--at-airport-lockport-road--improvement-study.html

Property Subtype:

Residential

Date on Market:

2026-05-08

Chicago Multifamily for Sale - Northwest City

Kiser Group is pleased to exclusively offer for purchase the sale of 1326 W. Ohio St, a three (3) unit walkup building located in Chicago’s highly desirable West Town neighborhood. The subject property is ideally positioned in close proximity to the vibrant dining, retail, and nightlife corridors along Chicago Avenue and Grand Avenue, providing tenants with exceptional walkable amenities. Additionally, the property offers convenient access to public transportation allowing for quick and efficient travel to downtown Chicago and surrounding neighborhoods. 1326 W. Ohio St has a unit mix consisting of one (1) 4Bd/2.5Ba, one (1) 2Bd/1.5Ba, and one (1) 2Bd/1Ba units. The interior units are incredibly spacious, and each has been updated to meet modern renter expectations. Each unit features updated kitchens and baths along with modern appliances. Additional improvements include updated mechanicals, in-unit laundry, and individual furnaces. 1326 W. Ohio St presents investors with the opportunity to acquire a well-located asset in one of Chicago’s most sought-after rental markets. With strong in-place fundamentals and continued neighborhood growth, a buyer is well-positioned to benefit from both stable cash flow and long-term appreciation potential.

Property Subtype:

Apartment

Date on Market:

2026-05-07

Freeport Portfolio of properties for Sale

This is a rare opportunity to acquire a well-maintained 24-property rental portfolio located in the affordable and investor-friendly market of Freeport, Illinois. The portfolio consists of 18 single-family homes and 3 duplexes (totaling 24 units), offering a balanced mix of stable residential income streams. The properties are described as very well maintained, with many benefiting from ongoing updates, professional management, and solid tenant occupancy—making this an ideal turnkey or near-turnkey investment. Several of the duplex assets—similar to other listings in the area—are often part of larger bundled portfolios and can be sold individually or collectively, providing flexibility for both small and large investors . Investment Highlights 24 total units: 18 single-family homes + 3 duplexes Diversified asset mix reduces vacancy risk Strong in-place cash flow with existing tenants (typical for portfolios in this market) Well-maintained condition minimizes immediate capex Scalable acquisition – owner willing to divide portfolio Market Advantage – Freeport, IL Freeport is known for its low entry price point, with many properties trading near or even below $100K, especially for multifamily and rental units

Property Subtype:

Multi Family

Date on Market:

2026-05-04

Chicago Retail for Sale - Northwest City

6017-59 N. Western Avenue presents a rare redevelopment opportunity in Chicago's West Rogers Park / West Ridge neighborhood. The offering consists of approximately 1.1 acres across 16 contiguous tax parcels, providing a substantial land assemblage along one of the area's primary commercial corridors. The property includes an approximately 5,300-square-foot building constructed in 2000, with the balance of the site improved as open, fenced parking. Positioned along Western Avenue with approximately 430 feet of frontage, the property offers exceptional visibility and access. Zoned B3-3, the site provides flexibility for a variety of redevelopment concepts, including mixed-use, residential, retail, medical, senior housing, or other commercial uses subject to buyer due diligence and municipal approvals. Opportunities of this size are increasingly limited within the city, making this a compelling investment for developers, investors, and owner-users seeking a strategic infill location. The property is offered at $3,999,999 and benefits from strong traffic exposure, with approximately 19,600 vehicles per day along Western Avenue. Its location within a dense residential neighborhood and established commercial corridor further enhances its long-term redevelopment potential.

Property Subtype:

Auto Dealership

Date on Market:

2026-04-29

Chicago Multifamily for Sale - Northwest City

Brand New Construction in a booming block of Humboldt Park, surrounded by other new construction developments. Downstairs 2 bed/ 2 bath has a lease for $1,900. Upstairs open floorplan 3 bed/3 bath duplex unit with an awesome Primary Bedroom and huge en suite Bath. Comes with a $20,000 garnt from Chixago Land Bank.

Property Subtype:

Apartment

Date on Market:

2026-04-27

Chicago Portfolio of properties for Sale - Gold Coast/Old Town

Portfolio investment comprised of 5 Super Host Airbnb units and 2 Commercial Condos. 7.6% Cap Rate. ($247,503 Net Income) Perfect for long term investor or 1031 Exchange. Positioned at the intersection of the Gold Coast and Old Town - two of Chicago's most coveted submarkets, this offering at 163 Division Street represents a rare opportunity to acquire a scaled, mixed-use asset in the heart of these neighborhoods. The portfolio consists of five fully furnished residential condominium units and two street-level commercial spaces, collectively comprising significant ownership percentage of the condominium association-providing meaningful influence over governance and long-term asset strategy. With limited remaining development parcels in the immediate vicinity, the property offers both durable in-place income and compelling embedded land value. The commercial component, totaling approximately 1,560 square feet, is a busy Asian wok-dish sit-in and take out restaurant. The residential units-comprising a mix of one- and two-bedroom layouts. This dual-income stream provides diversification across tenant profiles and revenue sources.

Property Subtype:

Multi Family

Date on Market:

2026-04-24

Lockport Land for Sale - Joliet/Central Will

This exceptional property is ideally situated in a high-demand growth, high visibility, corridor, making it a prime candidate for both commercial and residential development. The site is fully equipped with sewer, water, gas and electric already in place, providing a significant advantage. Ranch home, farmhouse and pole barns as well as additional structures on property. Located outside of any floodplain, the property offers added flexibility and peace of mind when planning. Surrounding land includes a mix of uses. Current unincorporated setting with the potential for annexation into Lockport with a wide range of incorporated potential. This versatility makes the property attractive for developers, investors, and end users alike. Demand in the Lockport area continues to surge as growth expands outward, positioning this parcel directly in the path of development. Easy access to I-80! With no recapture fees and utilities already to the site, this is a rare chance to secure a large, well-located property with substantial upside. Buyers are encouraged to conduct their own due diligence regarding zoning, annexation, and permitted uses. Act now to take advantage of this outstanding opportunity.

Property Subtype:

Commercial

Date on Market:

2026-04-20

Matteson Office for Sale - Far South

Exceptional opportunity to customize almost 6,000 square feet of versatile commercial space to suit your business vision. The current owner has thoughtfully enclosed former exterior access areas, expanding the usable footprint and creating flexible spaces ideal for private offices, storage, or additional customer seating. The expansive main area offers over 3,000 square feet of open space, providing outstanding flexibility for a variety of commercial uses including daycare, fitness facility, professional offices, medical services, restaurant concepts and much more. Three adjoining rooms extend from the main space, offering additional opportunities for offices, specialty rooms, or operational support areas. One enclosed area features skylights that create a bright atrium-style setting-an ideal environment for indoor seating or gathering space.The building includes an existing restroom and has been upgraded with new 400-amp electrical service, supporting a wide range of commercial build-out possibilities. Strategically positioned on a prominent corner lot at Route 30 (Lincoln Highway) and Ridgeland Avenue, the property benefits from strong visibility and steady traffic counts averaging approximately 20,900 vehicles per day on Lincoln Highway and 7,600 vehicles per day on Ridgeland Avenue. Conveniently located just 1 mile from I-57 and 4 miles from I-80, the site offers excellent regional accessibility. The surrounding area includes established residential subdivisions and is adjacent to a senior living community, providing a built-in customer base and consistent area activity. Position your business in a location designed for visibility, access, and growth. Schedule your private tour today.

Date on Market:

2026-04-11

North Chicago Portfolio of properties for Sale - Far North

1412 20th St North Chicago, IL - $60,000 0 Argonne Dr North Chicago, IL - $120,000 1725 Lincoln St North Chicago, IL - $60,000 2130 Lewis St North Chicago, IL - $60,000

Date on Market:

2026-04-10

Chicago Land for Sale - South Chicago

An Exceptional Double Lot Opportunity in the Heart of Bronzeville! Positioned along one of Chicago's most historically rich corridors, 5415 S. Prairie Avenue presents a rare opportunity to shape the future of Bronzeville with a 50 x 180 double lot (approx. 9,147 sq ft) zoned RS-3-perfectly suited for a custom single-family residence with allowed ADU units, thoughtfully designed modern two-flats or upzoning to RT-4 or RM-5 if aiming for 3+ units. Set within the vibrant Bronzeville/Grand Boulevard community, this oversized parcel is surrounded by a dynamic blend of classic Chicago greystones and striking new construction, reflecting the neighborhood's continued growth and strong investment appeal. King Drive anchors the area with a rich mix of local restaurants, cafes, and neighborhood staples, creating a lifestyle rooted in culture, history, and convenience. Location is everything-and this one delivers. Just minutes away, you'll find Washington Park, offering expansive green space, walking trails, and recreational amenities, along with the renowned DuSable Black History Museum and Education Center, a cornerstone of Chicago's cultural legacy. Enjoy easy access to the lakefront with 57th Street Beach, perfect for summer days, bike rides, and scenic relaxation. Daily conveniences are just around the corner, including Whole Foods Market and Trader Joe's, along with the popular dining and shopping corridor along 53rd Street in Hyde Park, known for its vibrant restaurant scene and local boutiques. The property is also ideally located near the prestigious University of Chicago, as well as the world-class Museum of Science and Industry and Chicago's iconic Museum Campus, home to the Field Museum, Shedd Aquarium, and Adler Planetarium. Commuting is seamless with nearby access to the CTA Green Line (43rd & 47th Street stations) and the Red Line via Sox/35th, along with multiple CTA bus routes including #3 King Drive and #47 47th Street. For drivers, proximity to Lake Shore Drive and I-90/94 (Dan Ryan Expressway) ensures quick travel throughout the city. This is more than just land-it's an opportunity to build in a location that connects history, culture, education, recreation, and modern living. Whether you envision a timeless residence or a standout new construction project, 5415 S. Prairie Avenue offers the scale, setting, and accessibility to bring your vision to life.

Property Subtype:

Residential

Date on Market:

2026-04-09

Chicago Portfolio of properties for Sale - South Chicago

WASHINGTON PARK RETAIL CENTER 101–115 E 51st St, Chicago, IL 60615 KW Commercial is pleased to offer the opportunity to purchase Washington Park Retail Center, a stabilized, neighborhood-serving retail asset located at the signalized intersection of 51st Street and Michigan Avenue in Chicago’s South Side. The property benefits from strong visibility, consistent traffic, and proximity to major institutional anchors including the University of Chicago and Hyde Park. Property Details: - Building Size: 7,953 SF - Lot Size: 17,948 SF - Price: $1,150,000 - Zoning: B3-3 (Community Shopping District) - Tenancy: 7 units fully occupied - Parking: 9+ surface spaces - Frontage: 165 FT on 51st Street Investment Highlights: Stabilized Income Stream: Current PGI: $215,016 Current NOI: $112,524 100% Occupied with In-Place Cash Flow Established Tenant Base - Long-term occupancy with tenants in place since 2006 - Lease terms extending through 2030 - Mix of service and food-based users Food-Ready Infrastructure - Multiple spaces with Type I hoods and kitchen build-outs - Ideal for restaurant and QSR users Prime Location & Accessibility - Signalized corner with ~12,548 VPD - Two blocks from CTA Green Line (51st Street Station) - Strong surrounding population and retail corridor Recent Improvements: - Roof recoated (2017) - Parking lot restriped (2026) - Ongoing maintenance and strong operational history Opportunity: Positioned in a rapidly improving corridor influenced by institutional growth and ongoing redevelopment, this asset offers both in-place stability and long-term appreciation potential. Contact: Contact the listing broker to obtain the Offering Memorandum, which includes comprehensive property details, financials, rent roll, and supporting due diligence materials. Listing Broker: Manny Regalado Senior Director 312.730.2029 (m) 312.216.2422 (o) mregalado@kwcommercial.com (e) KW Commercial

Date on Market:

2026-04-16

Chicago Retail for Sale - Northwest City

-Tavern License-Included in Sale -Establishment underwent full renovation in 2025 -Income Producing 2nd Floor Unit-Occupied w/MTM (AirBNB Compliant) -Private and Legal Rear Outdoor Patio -Rear Surface Parking Included

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-04-07

Palos Park Office for Sale - South Route 45

Discover a PRIME opportunity to own a fully leased, turnkey Medical Office building with long-term, stable tenants—many in place for over a decade! Anchored by Heart Care Centers of Illinois, which occupies the entire first floor (18,311 SF) with a lease through 2035 and options extending through 2045, this property delivers reliable, long-term income from day one with a solid 7% CAP Rate! The building totals approximately 36,622 square feet and has been professionally managed and meticulously maintained. Built in 2004, this modern, high-quality facility features a prominent marquee for tenant signage, new front sliding doors, rooftop solar panels, ample surface parking, and exclusive covered parking for tenants—enhancing convenience, accessibility, and overall comfort. Situated on 5.83 acres, the expansive site provides generous parking and effortless access for patients and staff. Additionally, Peace Village Senior Living is located directly north of the property and is home to approximately 285 residents. Many residents and employees are patients or clients of the existing tenants, further enhancing convenience and supporting natural cross-referral opportunities within the building. Location, Location, Location: Less than one mile from LaGrange Road with convenient access to major expressways including I-294, I-57, I-55, and I-355, the property is ideally positioned to serve a broad patient base throughout the southwest suburbs and greater Chicagoland area. This is a RARE opportunity to acquire a high-quality, income-producing medical office building in a prime location—an exceptional addition to any investment portfolio.

Property Subtype:

Medical

Date on Market:

2026-04-02

Decatur Multifamily for Sale

Introducing a prime multifamily investment opportunity in Decatur, Illinois. The property consists of 35 units across four parcels, featuring four freestanding buildings, including a duplex that contains the superintendent unit. Constructed between 1964 and 1967, the buildings are a combination of brick, mortar, and frame construction and are zoned B-2 with multifamily permitted use. The property is located on the far west side of Decatur, near lifestyle amenities including the 180+ acre Fairview Park, nearby bicycle and walking trails, and the campus-town shops and restaurants surrounding Millikin University. Current ownership has completed select capital improvements, with approximately 25 of the 35 units cosmetically updated, demonstrating measurable rental increases and improved operating performance. Majority of units are two bedrooms. With additional units remaining to be renovated, the property offers continued value-add potential for investors seeking stable income with the opportunity to further enhance rents and long-term portfolio performance.

Property Subtype:

Apartment

Date on Market:

2026-03-17

Lake Villa Land for Sale - Central Northwest

Lovinger Partners - Baird & Warner Real Estate is proud to offer this exceptional development opportunity in Lake Villa, IL. The Pines Subdivision is ready for its next phase. With wetland mitigation fully completed, a portion of the groundwork has already been done—allowing a developer to move forward efficiently with future construction. The offering includes a 64-acre back parcel that has received preliminary approval for up to 120 residential units as part of the continued build-out of The Pines. While the current concept supports traditional residential development, the Village of Lake Villa has expressed favorable interest in alternative concepts, including a 55+ active adult or retirement community, offering flexibility for a buyer to re-envision the project to meet market demand. Phase 1 of the subdivision is already established and includes six shovel-ready lots, ideal for model homes or spec builds that can help jumpstart marketing and offset early development costs. Located in an area experiencing a strong demand for new housing, this property represents a rare chance to step into an entitled and infrastructure-ready development within a growing Lake County community. With approvals underway, mitigation completed, and flexible development potential, The Pines Subdivision is positioned for immediate continuation by the next developer.

Property Subtype:

Residential

Date on Market:

2026-03-09