Irving Park Shopping Plaza - 865-895 Maplewood Dr

Itasca, IL 60143

• Motel
• Retail for Sale
• $2,337,109 CAD
• 12,484 SF

• Air Conditioning
• 24 Hour Access

Itasca Retail for Sale - North DuPage

Prime Investment Opportunity in Itasca! Exceptional chance for investors to acquire a high-visibility strip center in a high-traffic area of Itasca. Currently owner-occupied, with ownership vacating upon sale, offering immediate potential for repositioning or lease-up. This property features nearly 13,000 SF of flexible retail space with up to four storefronts possible, ideal for a variety of tenants. The site includes 65 parking spaces and six rooftop HVAC units ensuring optimal comfort and convenience. Located at the entrance of the Spring Lake Business Park, this property offers outstanding exposure and accessibility—an ideal setup for an investor seeking strong ROI potential and long-term value growth.

Contact:

COLOVOS | SOUPOS Group

Date on Market:

2025-11-11

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Elk Lodge #1531 - 711 W Saint Charles Rd

Elmhurst, IL 60126

• Motel
• Specialty for Sale
• $1,648,349 CAD
• 8,025 SF

Elmhurst Specialty for Sale - Eastern East/West Corr

Located in close proximity to Elmhurst Crossing Shopping Center. This one story building offers convenience, visibility, and accessibility in a commercial corridor.

Contact:

NAI Hiffman

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-10-16

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Lincoln-Way Center - 340-358 W Maple St

New Lenox, IL 60451

• Motel
• Retail for Sale
• $9,485,913 CAD
• 45,260 SF

New Lenox Retail for Sale - Joliet/Central Will

SVN | Chicago Commercial is pleased to offer for sale a prime value-add retail opportunity at Lincoln-Way Center, located at 340–358 W. Maple Street in New Lenox, Illinois, in Will County. This well-positioned neighborhood shopping center is anchored by Whitmore Ace Hardware, a long-standing and reputable tenant that draws consistent foot traffic. Strategically located near I-80 and the New Lenox Metra Station, the center benefits from excellent accessibility and visibility within this growing southwest suburban market. Recently renovated in 2023, Lincoln-Way Center presents investors with immediate upside through the lease-up of 10 remaining Suite Hub units and the potential to bring existing rents up to market rate. Located in Will County’s New Lenox Township, this high-traffic center serves a strong residential base and is situated within a thriving retail corridor. Lincoln-Way Center offers investors both stability through its anchor tenant and the opportunity for meaningful income growth. All parties to complete NDA for full Sale OM with financials.

Contact:

SVN | Chicago Commercial

Property Subtype:

Storefront

Date on Market:

2025-08-08

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2306-2332 Hassell Rd

Hoffman Estates, IL 60169

• Motel
• Retail for Sale
• $5,154,013 CAD
• 20,400 SF

Hoffman Estates Retail for Sale - Schaumburg Area

Strauss Realty, Ltd. has been exclusively engaged to market for sale 2306–2332 Hassell Road, an 11-unit, 20,438 square foot neighborhood shopping center located just blocks from the I-90 Barrington Road interchange in Hoffman Estates, Illinois. The property is currently 93.8% leased, with two remaining vacancies at 3,090 total square feet of vacancy (one unit of which is currently under LOI). Tenants include national and regional operators such as 7-Eleven and State Farm, offering a strong mix of service-oriented and daily-needs retailers. Investor Highlights - The center is being offered at an 7.97% capitalization rate, presenting immediate yield with near-term upside through full lease-up. Proforma 2026 Cap Rate 8.11%. Recent capital improvements include a fully repaired parking lot with 111 spaces, upgraded lighting across the entire property, and a new rooftop HVAC unit installed in May 2023 with a 5-year warranty. In the summer and early fall of 2022, the parking lot underwent significant repairs including sewer line work, repaving, and striping. There are no capital expenditures anticipated in the near term. Most tenants operate under modified gross leases with recoverable expenses, providing stable and predictable income. Unbeatable Location. Situated in the heart of the Golden Corridor, the property benefits from strong demographics and easy access to major thoroughfares. With durable in-place cash flow, limited near-term rollover, and strong surrounding fundamentals, 2306–2332 Hassell Road represents an attractive suburban retail investment opportunity.

Contact:

Strauss Realty

Property Subtype:

Storefront

Date on Market:

2025-06-23

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8+ Acres NW Corner of Laraway and Gougar - 22250 Gougar Rd

New Lenox, IL 60451

• Motel
• Land for Sale
• $1,993,417 CAD
• 8.65 AC Lot

New Lenox Land for Sale - Joliet/Central Will

The parcel currently is in Will County & contiguous to New Lenox. The Village's future land use plan designates the parcel as "Commercial/Regional" & the potential zoning to be consistent with the C-3 general business district. The parcel has a zoning advantage over the other corners of the intersection of Laraway and Gougar. The other corners are zoned and/or planned for lower intensive uses than the C-3 district. New Lenox's sewer and water are directly across the parcel on the east side of Gougar. The parcel has a permit in place for 1 full access and 2 right-in right-out road cuts. WDOT is stringent on road cuts & it is highly unlikely the other corners of the intersection will get a full access permit. Also, Laraway will soon be upgraded to a major regional road.

Contact:

Goodwin & Associates Real Estate L.L.C.

Property Subtype:

Commercial

Date on Market:

2025-06-10

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Skokie Theatre - 7924 Lincoln Ave

Skokie, IL 60077

• Motel
• Retail for Sale
• $1,306,032 CAD
• 4,800 SF

• Air Conditioning
• Security System
• 24 Hour Access
• Conferencing Facility
• Smoke Detector

Skokie Retail for Sale - Near North

For sale, the Historic Skokie theatre, 1 & part 2-story, masonry theatre bldg, built in 1912 as a movie theatre, renovated & converted to a live music venue in '06, at a cost of 1.5 million dollars!! bldg is 4,800 sq ft, land is 6,900 sq ft. zoned cx, core mixed-use district. 12,700 vehicles pass this location a day (12,700 VPD) bldg is completely rehabbed. new marquee, facade, upgraded heat and a/c roof, tuckpointing, electric, Full rebuilt stage, lighting & sound equipment. Operational movie screen in place that can be lowered for use, This is a perfectly acoustic concert hall. The conference room is now being used as a studio apt. Price is for Property & Building With All Equipment, This Prime Property is Surrounded by Small Commercial, Retail and Residential Properties. Both small and Large, Unique Opportunity to own this gateway entertainment building at the entrance to the heart of the Village of Skokie Downtown shopping district, Close to area expressways, Area Restaurants & retailers include, Libertad, The Spot Rotary Hotpot, Will's place, Alexanders restaurant, The village inn, Kneads & Wants Artisan Bakery and Cafe, Take flight spirits, Cigar king, Chase Bank. Owner is willing to discuss a sale Leaseback. Do not bother the tenant, Call listing broker for all showings.

Contact:

@ Properties Commercial

Property Subtype:

Freestanding

Date on Market:

2025-03-28

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Burr Ridge Office Center - 361 S Frontage Rd

Burr Ridge, IL 60527

• Motel
• Office for Sale
• $11,410,591 CAD
• 60,307 SF

Burr Ridge Office for Sale - Eastern East/West Corr

Stabilized single storage office property with credit anchor tenant in desirable Burr Ridge / I-55 interchange area. Building has a new roof and complete solar array and $322,000 tax credit available for significant investor yield increase.

Contact:

GAIN

Property Subtype:

Medical

Date on Market:

2025-03-24

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Red Roof Inn Morton Grove - 9424 Waukegan Rd

Morton Grove, IL 60053

• Motel
• Hospitality for Sale
• $5,636,557 CAD
• 19,580 SF

• Fitness Center

Morton Grove Hospitality for Sale - Near North

Morton Grove Village. Central location to everywhere. Minutes to Woodfield Mall in Skokie. Blocks to interstate I-90, I-94, and I-294. Located within a short distance to O’Hare International Airport. 2-Levels, 53-Fee-Simple hospitality rooms. Approximately 13,000 Sq. ft. of land, and approximately 17, 000 Sq ft. building.

Contact:

Century 21 Circle Commercial

Property Subtype:

Hotel

Date on Market:

2025-03-12

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