Commercial Real Estate in Illinois available for sale
Motels For Sale

Motels for Sale in Illinois, USA

More details for 511 Rockland Rd, Lake Bluff, IL - Land for Sale

NW Corner of 41 and 176 Redevelopment Site - 511 Rockland Rd

Lake Bluff, IL 60044

  • Motel
  • Land for Sale
  • $2,062,155 CAD
  • 0.50 AC Lot

Lake Bluff Land for Sale - Central North

Value Is In The Land For Redevelopment. Consists Of 8 Skokie Valley Road Office Building, The Sunset Motel Located At 511 Rockland Road And One Single Family Home Located At 11 Shagbark Road. Is Being Sold Separately or with other two listing . Sunset Motel Is Currently Open And Operating. Office Building At 8 Skokie BLVD Has A Few Month To Month Tenants In Place. SFH At 11 Shagbark Is Rented With A Month To Month Lease In Place. Rare North Shore Commercial Redevelopment Land Acquisition Opportunity Available In Lake Bluff, IL. Major Market Areas Include Lake Bluff, Lake Forest, Green Oaks And Libertyville, IL. General Commercial And Residential Zoning Currently In Place. Located In Unincorporated Lake Bluff - Current Lake County Zoning. Buyer Could Voluntarily Annex Into The Village Of Lake Bluff - Lake Bluff Willing To Offer Financial Incentives! Recent Developments Include New Target & Chase Bank Plus Retail Strip Malls Directly Across The Street On Route 176 (Rockland Road).v Thriving Commercial Corridor Serving Lake Bluff & Lake Forest Residents Plus Large Daytime Employment From Abbott Labs And Many Surrounding Businesses. Value Is In The Land! This Offering could be part of a larger Eight-Parcel Assembly Of Contiguous Properties That Total 2.75 Acres Of Commercial And Residential Land. Possible Rezoning Of All Parcels To Be Either Commercial Or Residential. Future Use For New Retail, Medical, Multi-Family, Drive-Thru Etc. Contact John Josephitis For Full Offering Memorandum And Complete Details On The Overall Development Opportunity.

Contact:

Coldwell Banker Realty

Property Subtype:

Commercial

Date on Market:

2025-05-21
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More details for 2120 Main Street, Belleville, IL - Land for Sale

1.636 ac at 21st St. and Main St. - 2120 Main Street

Belleville, IL 62226

  • Motel
  • Land for Sale
  • $309,323 CAD
  • 1.63 AC Lot

Belleville Land for Sale - Illinois

• Approx. 1.636 acres • Located behind the newly constructed Dollar General Market Store • Neighboring buildings include; Illinois State Police Forensics Building, Southern Illinois Law Enforcement Commission and Police Academy, & Belleville Fire Station #2 • Zoned C-2 Heavy Commercial • Easy Access to IL. Rt. 159 and IL. Rt. 158 • Sale Price: $225,000 C-2 Heavy Commercial Zoning Permitted Uses • Auto Repair Services and Service Stations • Motel and Hotels • Health Care Facilities including Hospitals • Church, School, Daycare Facilities • Office Building, Retail Strip Center, Department Stores • Restaurants including Fast Food w/ Drive-thru • Banks and Credit Unions • Single Family Dwellings

Contact:

Cissell Mueller Company, L.L.C.

Property Subtype:

Commercial

Date on Market:

2025-04-30
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More details for 2816 Route 120, Mchenry, IL - Retail for Sale

UpRooted | Freestanding Restaurant Building - 2816 Route 120

Mchenry, IL 60051

  • Motel
  • Retail for Sale
  • $2,055,281 CAD
  • 5,450 SF
  • Air Conditioning

Mchenry Retail for Sale - Far Northwest

Here’s your opportunity to own UpRooted Restaurant, one of McHenry's premier fine dining destinations. Located just a quarter mile east of the Fox River on the north side of Route 120, this property is rich in history and modernized for today's culinary excellence with gross sales of over $1,450,000. Originally built in 1938 and expanded through the years, this property has undergone a stunning transformation since it was purchased in 2015. This turnkey sale includes real estate, land, building, recipes, supplies, and all equipment for a seamless transition. The building was fully gutted and updated with a new roof, plumbing, electrical, and city water/sewer conversion. Handicap-accessible restrooms, a state-of-the-art kitchen, and tastefully remodeled dining and bar areas ensure a modern and comfortable guest experience. The dining room features new walls and ceilings for a welcoming environment, while the bar showcases beautiful hickory, hard maple, and pine finishes. The freshly painted exterior and large front deck enhance curb appeal and provide alfresco dining options. The property has a rich history, having once served as the McHenry Moose Lodge, and later an Off-Track Betting venue before its transformation into the UpRooted Restaurant. As McHenry's top fine dining destination, this restaurant offers a unique farm-to-table menu and a commitment to quality and innovation. With upscale interiors, modern amenities, and a built-in customer base, UpRooted Restaurant is ready for its next chapter. Please do not disturb business, management, or employees.

Contact:

SVN | Chicago Commercial

Property Subtype:

Restaurant

Date on Market:

2025-04-23
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More details for American Inn Motel – for Sale, Danville, IL

American Inn Motel

  • Motel
  • Mixed Types for Sale
  • $893,601 CAD
  • 3 Properties | Mixed Types

Danville Portfolio of properties for Sale

MoHall Commercial & Urban Development presents the exclusive opportunity to acquire the American Inn Motel, a strategically positioned, income-producing hospitality asset located at 1824 E Main Street in Danville, Illinois. This rare offering includes a 33-room motel, an on-site three-bedroom apartment, and two adjacent vacant land parcels, all totaling approximately 0.92 acres in a designated TIF (Tax Increment Financing) District, making it a compelling value-add play for both short-term yield and long-term development. This value-add property sits on three parcels zoned B1 Neighborhood Business, offering investors flexibility to operate as-is or explore multiple exit strategies including expansion, rebranding, or mixed-use redevelopment. Recent capital improvements, including a brand-new roof with transferable warranty, provide a solid foundation for continued performance. Strategically located on East Main Street (U.S. Route 136), just minutes from Interstate 74, the American Inn Motel is well-positioned to capture traffic from Danville’s strongest economic anchors. The property is located near the VA Illiana Health Care System, a major regional employer and destination for veterans and medical staff; Danville Area Community College (DACC), which draws student, athletic, and academic lodging needs; and the newly opened Golden Nugget Danville Casino, a $100M development that is expected to accelerate tourism, job creation, and regional visitation. As a regional hub with an emerging tourism base, Danville presents a strategic, underserved market with upward momentum. The motel reported $249,320 in gross income in 2023, up from $199,793 in 2022—a 25% year-over-year increase. With room rates ranging from $65–$85/night, consistent occupancy from transient, extended-stay, and workforce guests, and the added benefit of on-site owner’s quarters, this asset is well-positioned for investors seeking steady in-place income with room to grow. Future ownership can unlock significant upside through OTA integration (Expedia, Booking.com), operational efficiencies, light room renovations, or leveraging the TIF District incentives for redevelopment or repositioning. This fantastic opportunity is perfect for owner-operators, hotel investors, 1031 exchange buyers, and developers.

Contact:

MoHall Commercial & Urban Development

Property Subtype:

Mixed Types

Date on Market:

2025-04-02
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More details for 7924 Lincoln Ave, Skokie, IL - Retail for Sale

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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More details for 9424 Waukegan Rd, Morton Grove, IL - Hospitality for Sale

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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More details for 5107 N Arlington Heights Rd, Long Grove, IL - Land for Sale

5107 N Arlington Heights Rd , Long Grove, IL - 5107 N Arlington Heights Rd

Long Grove, IL 60047

  • Motel
  • Land for Sale
  • $3,299,448 CAD
  • 2.35 AC Lot

Long Grove Land for Sale - Central Northwest

Attention Developers!! Great 2.35-acre residential lot for sale, Exceptional Location, Outstanding opportunity. The lot is 102,352.03 SQ FT, R2 Zoning, 164.4 SQ FT of Arlington Heights Road, Many mature trees, beautifully wooded. Put up your dream home or redevelop with a zoning change, Leave as is or build new, just south of the intersection of Arlington Heights Road and Thompson Blvd, Just north of Route 83. Directly across from the Montessori World of Discovery school and Jaycee's Bicentennial Park and Adjacent to the Life on the Vine. The lot currently has a single-family home and several small garages, Use your own builder. Located on quiet street, Close to Schools, Parks, Shopping, Retail, Grocery, Restaurant's. Price is Negotiable, Please call Listing broker for all showings, Do not walk the property without the listing broker,

Contact:

@ Properties Commercial

Property Subtype:

Residential

Date on Market:

2025-03-03
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More details for 7101 W 183rd St, Tinley Park, IL - Retail for Sale

Convention Plaza - 7101 W 183rd St

Tinley Park, IL 60477

  • Motel
  • Retail for Sale
  • $4,674,218 CAD
  • 12,161 SF

Tinley Park Retail for Sale - South Route 45

Prime commercial property available at 7101 W 183rd St, Tinley Park, IL, offering excellent visibility and accessibility in a high-traffic area near I-80 and I-57. Ideal for retail, office, medical, or professional use, this versatile space is surrounded by established businesses and a strong customer base. With ample on-site parking and a strategic location in a thriving commercial corridor, this is a great investment opportunity. Contact us today for more details!

Contact:

Network Commercial Real Estate, llc.

Property Subtype:

Freestanding

Date on Market:

2025-02-25
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More details for Lot 2 Central Rd, Hoffman Estates, IL - Land for Sale

Lot 2 Central Rd

Hoffman Estates, IL 60192

  • Motel
  • Land for Sale
  • $754,749 CAD
  • 1.09 AC Lot

Hoffman Estates Land for Sale - Central Northwest

1.08 Acre Parcel Outlot For Sale ($549,000) on Central Rd just East of Barrington Rd Located adjacent to Former Millrose Restaurant property & adjacent to Hilton Garden Inn Hotel Can be combined with Millrose parcel for a total of 10.37 Acres Located in Hoffman Estates & B-2 Zoning Frontage & Visibility on I-90 Expressway Ideal for any Office, Flex, Retail or Creative user • I-90 visibility with 128,000 VPD • Easy access to 4-way Barrington Rd interchange at I-90 • Walkable to Pace Barrington Rd bus stop on I-90 • Nearby companies include Hoffman Estates Animal Hospital, Siemens Healthcare, Claire’s Boutique HQ, Bystronic, DMG Mori, Bell Works Chicago

Contact:

Chicagoland Commercial, Inc.

Property Subtype:

Commercial

Date on Market:

2024-12-03
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More details for 3315 Algonquin Rd, Rolling Meadows, IL - Office for Sale

3315 Algonquin Rd

Rolling Meadows, IL 60008

  • Motel
  • Office for Sale
  • $3,780,618 CAD
  • 74,191 SF
  • Air Conditioning
  • Natural Light

Rolling Meadows Office for Sale - Schaumburg Area

Office building in a prime location! Extensive window line and natural light perfect for owner user or medical suites. The building is pre-wired with cable and internet. The area surrounding the Property offers a strong demographic profile, an average household income of $115,000+ within a 5-mile radius, and a population that exceeds 285,000. The convergence of highly trafficked roads and highways, such as I-90 and I-290, make the location easy and convenient to commute to.

Contact:

Avalon Realty Associates, L.L.C.

Date on Market:

2024-09-30
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More details for 2635 Church Rd, Aurora, IL - Land for Sale

8.266 Acres - 2635 Church Rd

Aurora, IL 60502

  • Motel
  • Land for Sale
  • $3,368,187 CAD
  • 7.50 AC Lot

Aurora Land for Sale - Western East/West Corr

Zoned ORI(s). Just west of the Hollywood Casino currently under development along Farnsworth Avenue - $360M investment expected to be completed in 2026. Immediate access to full interchange at I-88 & Farnsworth Avenue. Across the street from Chicago Premium Outlets. Eastern-edge of Prologis Business Center in Aurora - an over 4.8M SF business park.

Contact:

KWIll Merchant Advisors

Property Subtype:

Industrial

Date on Market:

2024-09-20
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More details for 99 Quentin Rd, Lake Zurich, IL - Land for Sale

99 Quentin Rd

Lake Zurich, IL 60047

  • Motel
  • Land for Sale
  • $10,233,788 CAD
  • 17.25 AC Lot

Lake Zurich Land for Sale - Central Northwest

Make millions with this prime commercial, mixed-use, or residential development opportunity in Lake Zurich. This is a previously approved opportunity to develop a vibrant mixed-use project in one of the most sought-after locations in Lake Zurich! Strategically positioned at the high-traffic intersection of Route 22 and Quentin Road, this prime corner property has been approved for a dynamic blend of commercial and residential spaces, including: o Gas station for daily convenience o Three retail spaces for high-visibility businesses o Drive-through coffee shop to capture commuter traffic o 56 luxury townhomes offering an exceptional living experience Thriving Location with Built-in Demand. Surrounded by the affluent communities of Lake Zurich, Kildeer, Hawthorn Woods, Long Grove, and Barrington, this site is expected to bring strong market demand. It sits directly across from Mariano’s grocery store, ensuring steady traffic, and benefits from high visibility along both Route 22 and Quentin Road. Residents and businesses alike will enjoy proximity to top-tier schools, including the prestigious Stevenson High School, a state-of-the-art public library, and an abundance of high-quality shopping, dining, and entertainment options. Plus, with Lake Zurich’s scenic beach just moments away, this location offers an unbeatable combination of convenience, luxury, and lifestyle. Flexible Development Potential While approved for the proposed mixed-use plan, this versatile property also presents opportunities for fully commercial or residential developments, for example: o Tech innovation hub – Ideal for an AI research & development center with a data facility o Multi-unit residential community – Cater to the demand for high-end luxurious housing in this prime suburb o Customized commercial or mixed-use project – Adapt to market trends and maximize returns Shovel-Ready & Approved – Start Building Now! All soil tests and environmental reviews are complete, and the Village of Lake Zurich has enthusiastically approved the site for development. This is a rare chance to move quickly on an exceptional investment opportunity in a high-growth market. Don’t miss out—bring your vision to life in the great Village of Lake Zurich!

Contact:

AMD Real Estate Group, Inc.

Property Subtype:

Commercial

Date on Market:

2024-08-21
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More details for 103 Baldridge Rd, Salem, IL - Retail for Sale

Salem Shopping Center - 103 Baldridge Rd

Salem, IL 62881

  • Motel
  • Retail for Sale
  • $5,832,462 CAD
  • 27,500 SF

Salem Retail for Sale

Marcus & Millichap is pleased to present the opportunity to acquire a 27,500-square-foot, multi-tenant retail center located in Salem, Illinois. Salem Shopping Center is 100 percent leased, and 100 percent of the gross leasable area has triple-net leases. Anchored by Dollar Tree, tenants consist of Dab City Tobacco & Vape, AT&T Wireless, El Rancherito Mexican Cuisine, CATO, Internet Gaming Cafe, Zen Nails & Spa, and World Finance Corporation. Additional income is provided by an ATM lease with Marion County Savings Bank. Salem Shopping Center was constructed in 2007 and is situated on a 3.33-acre parcel. Shadow-anchored by Walmart Supercenter, Salem Shopping Center is located on Baldridge Lane, off Highway 50 (West Main Street) near the intersection with Interstate 57. Traffic counts in front of the property exceed 15,645 vehicles per day. Neighboring national and regional retailers including KFC, Arby’s, Applebee’s Grill + Bar, Denny’s, Wendy’s, McDonalds’s, Taco Bell, Domino’s Pizza, Dollar General, CVS, Verizon Wireless, and others.

Contact:

Marcus & Millichap

Property Subtype:

Storefront

Date on Market:

2024-06-05
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More details for 520 Veterans Memorial Dr, Livingston, IL - Retail for Sale

Dollar General - 520 Veterans Memorial Dr

Livingston, IL 62058

  • Motel
  • Retail for Sale
  • $1,755,581 CAD
  • 9,002 SF

Livingston Retail for Sale - Illinois

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate guaranteed, freestanding Dollar General investment property located in Livingston, IL. The tenant, DG Retail, LLC, has over 9 years of firm term remaining with an additional 3 (5-year) option periods left to extend. The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity (S&P: BBB) and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. Dollar General is a nationally recognized and established discount store brand with over 20,000 stores in operation. Dollar General is strategically located at the hard corner intersection of Nicholls Street and Henry Street. The property also benefits from nearby access onto Interstate 55 (27,900 VPD), making this a centralized location with easy commutes for employees and customers. The surrounding tenants include Livingston Grocery, Country Inn Café & Motel, Pink Elephant Antique Mall, Twistee Treat Diner, Hard Dog Café, and others. The strong regional tenant presence drives a steady stream of loyal, local consumers to the trade area and provides crossover store exposure. Furthermore, the subject is the only variety store in the trade area, creating a large consumer draw with virtually no competition. The 5-mile trade area is supported by over 8,500 residents and 4,900 daytime employees, with an average household income of $75,519.

Contact:

SRS Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2024-05-22
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More details for 904 Halfway Rd, Marion, IL - Land for Sale

904 Halfway Rd

Marion, IL 62959

  • Motel
  • Land for Sale
  • $1,512,247 CAD
  • 2.50 AC Lot

Marion Land for Sale

2.5 commercial acres located less than a mile west of interstate 57 at exit 54 in Marion Illinois. 387 feet of road frontage with an estimated trafficcount of 5700 and 9400 at the nearest intersection. Behind this property are several business i Finishline Carwash, Panda Express, Sonic, Starbucks & Sam's club,Across the street you will find a Pilot Travel Center, McDonalds and a Super 8 Hotel. The area around the property is rapidly growing, a mile north you will find thehighly desirable golf course community of Kokopelli and Rent One Park, a 5000+ seat stadium home of professional minor league baseball, softball, Pepsi concertseries and many others. Other businesses include Walmart, Golds Gym, Buffalo Wild Wings, Hotels ie; Drury Inn, Holiday Inn Express and the always busy BlackDiamond Harley Davidson & RV Sales with visitors from all over. 4 miles west Marion has a small commercial airport that averages 56 flights a day. Excellentopportunity for a new business or businesses

Contact:

Remax Integrity of Southern Illinois

Property Subtype:

Commercial

Date on Market:

2024-03-19
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More details for 1605 Yearack Dr, Marion, IL - Land for Sale

Williamson county parkway - 1605 Yearack Dr

Marion, IL 62959

  • Motel
  • Land for Sale
  • $3,436,925 CAD
  • 7.21 AC Lot

Marion Land for Sale

7.21 acres of commercial land ready to be developed! located 1 mile northwest of Interstate 57 in Marion Illinois. This 7+ acres sits between the highly desirable golf course community of Kokopelli and Rent One Park, a 5000+ seat stadium, home of professional minor league baseball, softball, Pepsi concert series and many others. Just shy of 500 ft of road frontage, the area around this property is rapidly growing with an estimated traffic count of 5400 with the nearest intersection at 7100. Some area businesses include Walmart/Sams, Golds Gym, Buffalo Wild Wings, Hotels ie; Drury Inn, Holiday Inn Express and the always busy Black Diamond Harley Davidson & RV Sales with visitors from all over. 4 miles west, Marion has a small commercial airport that averages 56 flights a day. This property has unlimited potential and has Star Bonds available for retail or take advantage of the TIFF program with 18 years left and 2 -5 yr renewable options. There is also a sport complex currently being built 1 block away which will increase traffic and bring people to the area in vast amounts.

Contact:

Remax Integrity of Southern Illinois

Property Subtype:

Commercial

Date on Market:

2024-03-19
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More details for 010-018 Unytite Drive, Peru, IL - Land for Sale

Unytite Drive Lots - 010-018 Unytite Drive

Peru, IL 61354

  • Motel
  • Land for Sale
  • $103,108 - $412,431 CAD
  • 1 - 1.33 AC Lots

Peru Land for Sale - I-39 Corr/LaSalle County

Purchase 1 or all 4 of these accessible and high-visibility lots in north Peru's industrial and commercial area along Unityte Drive. Lots 1, 2, 4, and 5 are available for sale along Unityte Drive, just west of Trompeter Drive, 0.4 miles from the signaled interchange of IL 251. Current zoning is B-4 Highway Business. Earnest Money via certified funds payable to Coldwell Banker Commercial Real Estate Group.

Contact:

Coldwell Banker Commercial Real Estate Group

Property Subtype:

Commercial

Date on Market:

2024-03-11
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More details for 2003 W Hanover Rd, Hanover, IL - Specialty for Sale

Rocky Waters Winery and Vineyard - 2003 W Hanover Rd

Hanover, IL 61041

  • Motel
  • Specialty for Sale
  • $5,499,080 CAD
  • 15,000 SF

Hanover Specialty for Sale

This phenomenal Investment Opportunity on 112 Acres in the Galena Hills with a 5-acre Lake, 3 Exquisite Lodges, and a Winery! Breathtaking views of the Galena Territory make this property an ideal choice for weddings, special events, and even the prospect of a future resort. Actively thriving as Rocky Waters Vineyard & Winery, an award-winning 25-acre vineyard with the potential to expand up to 60 acres, this property offers turn-key income potential. However, if the new owners prefer not to be Winemakers, the sellers will "grapefully escape" and will remove the vines and equipment to allow the new owners to create their own dream. This estate provides three beautifully crafted homes, including a 15,000 sq ft luxurious main lodge with room for conversion into a bed & breakfast and an additional apartment. The Lodge features magnificent views & wrap-around decks for an immersive outdoor living experience, an exquisite gourmet kitchen, and a lower-level event space for up to 115 people. The Manager's Residence is placed on a specified 5 acres and offers 5 bedrooms, 3.5 baths, and a finished walk-out basement. The Fisherman's Cabin sleeps 10 and currently serves as an in-demand VRBO rental. This estate has been lovingly cared for by the same family since its creation. Rocky Waters is not only a rare investment opportunity but when the torch is passed, the new owners will be gifted peace of mind regarding quality, maintenance & attention to detail in every square foot. Indeed a dream come true! A plethora of additional information is available upon request!

Contact:

Berkshire Hathaway Central Illinois Realtors

Property Subtype:

Winery/Vineyard

Date on Market:

2023-10-20
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More details for 1956 W Armitage Ave, Chicago, IL - Retail for Sale

1956 W Armitage Ave

Chicago, IL 60622

  • Motel
  • Retail for Sale
  • $5,471,585 CAD
  • 9,685 SF

Chicago Retail for Sale - Northwest City

Incredible investment opportunity located in the heart of Chicago’s Bucktown neighborhood available for sale for the first time in generations. This well-maintained building consists of four street level commercial units and four residential units upstairs. The building is 100% occupied and has been for years. In addition to existing tenants, the building has also entered into a long-term leasing arrangement with Verizon to install a cell phone tower. License and permits are all approved – just waiting on install. Additional revenue opportunities exist such as possible billboard installation where legacy board previously existed. First showings will be with the commercial units. Residential units will only be shown to interested parties on a second visit. Additional information requires executed NDA. Proof of funds needed to schedule formal tour.

Contact:

Compass

Property Subtype:

Storefront Retail/Residential

Date on Market:

2023-02-15
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United States Motels Illinois