Commercial Real Estate in Chicago available for sale
Chicago NNN Properties For Sale

NNN Properties for Sale in Chicago, IL, USA

More details for 7906 S Western Ave, Chicago, IL - Retail for Sale

Taco Bell (Ground Lease) - 7906 S Western Ave

Chicago, IL 60620

  • NNN Property
  • Retail for Sale
  • $2,302,289 CAD
  • 2,241 SF
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More details for 6705 S Halsted St, Chicago, IL - Retail for Sale

Checkers - 6705 S Halsted St

Chicago, IL 60621

  • NNN Property
  • Retail for Sale
  • $1,450,088 CAD
  • 1,900 SF
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More details for 2601 W Cermak Rd, Chicago, IL - Retail for Sale

Little Caesars (Corporate) - 2601 W Cermak Rd

Chicago, IL 60608

  • NNN Property
  • Retail for Sale
  • $2,514,099 CAD
  • 1,248 SF

Chicago Retail for Sale - South Chicago

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Little Caesars property located in Chicago, Illinois. After a successful multi-decade operating history since 1983, Little Caesars recently signed a new 10-year lease through June 2036, demonstrating a strong commitment to the site. The lease features rental escalations throughout the primary term and two 5-year renewal options. This net lease investment features a low absolute rent of $87,360. This is a rare corporate Little Caesars location. The property is situated at the signalized intersection of West Cermak Road and South Rockwell Street, benefiting from robust traffic flow generated by a strong mix of neighboring retailers and demand drivers. The surrounding trade area includes Ace Hardware, Pete’s Fresh Market (#2 Visited of 18 Illinois locations per Placer.ai), McDonald’s (Top 95% of 12,295 locations nationwide per Placer.ai), Discovery Clothing, O’Reilly Auto Parts, Planet Fitness, AbsoluteCare, Saint Anthony Hospital, and several others. The property sits within one of the most densely populated trade areas in the Chicago MSA, with more than 335,000 residents within a three-mile radius and an average household income exceeding $94,000. The area is further supported by major regional employers, including Union Pacific and Cinespace Studios, which drive significant daytime population and consumer spending in the trade area. The strength of the surrounding retail ecosystem is further validated by Placer.ai data, which ranks this Little Caesars as the #1 visited location in Illinois out of 118 locations and #27 nationwide out of 2,320, a testament to the exceptional consumer traffic and demand the area commands. Little Caesars, officially known as Little Caesar Enterprises, Inc., is an American multinational pizza restaurant chain founded on May 8, 1959, by Mike Ilitch and his wife Marian Ilitch in Garden City, Michigan, a suburb of Detroit. Starting as a single family-owned carryout-focused pizzeria, the company pioneered affordable, ready-made pizza options and grew rapidly through franchising, opening its first franchise in 1962. Headquartered in Detroit, Michigan, Little Caesars has become the third-largest pizza chain in the United States by total sales, behind only Pizza Hut and Domino’s, with thousands of locations across all 50 states and international markets in over a dozen countries. Renowned for its value-driven menu, including the iconic Hot-N-Ready® pizzas and the famous “Pizza! Pizza!” slogan, the privately held company remains family-influenced and emphasizes convenience, quality, and low prices.

Contact:

The Boulder Group

Property Subtype:

Fast Food

Date on Market:

2026-03-26

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More details for 1211 W Roosevelt Rd, Chicago, IL - Retail for Sale

CVS Pharmacy - 1211 W Roosevelt Rd

Chicago, IL 60608

  • NNN Property
  • Retail for Sale
  • $3,877,589 CAD
  • 14,033 SF
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More details for 1748 N Harlem Ave, Elmwood Park, IL - Retail for Sale

1748 N Harlem Ave

Elmwood Park, IL 60707

  • NNN Property
  • Retail for Sale
  • $2,838,690 CAD
  • 7,420 SF
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More details for 1165 N State St, Chicago, IL - Retail for Sale

Bank of America Anchored Gold Coast Retail - 1165 N State St

Chicago, IL 60610

  • NNN Property
  • Retail for Sale
  • $21,583,957 CAD
  • 19,061 SF

Chicago Retail for Sale - Gold Coast/Old Town

Marcus & Millichap is pleased to present the opportunity to purchase the fee simple interest in a definitionally core, trophy asset located on Chicago’s Gold Coast. Positioned at the signalized intersection of State and Division, 1167 N. State St. is a two-story high-street retail property anchored by Bank of America (S&P Credit Rating of “AA-”). The property is steps from both Michigan Avenue and the Oak and Rush Street retail corridors, and it services the kinds of dense, wealthy demographics that compel retailers to pay among the highest rents in the city at many of the neighboring properties. With a weighted average lease term of nine years, the property’s rent roll is stabilized and poised to deliver consistent cash flows over the course of the next market cycle. Three of the four tenants also have annual rent increases structured into the primary terms of their leases, providing meaningful rent growth as those increases compound over the same period. Bank of America’s investment grade credit guarantees 45 percent of the property’s total income, and they have a 10 percent rent increase at the start of each of their three remaining five-year option periods. BofA has occupied their suite for over 20 years and just exercised their first renewal option at the option rent outlined in their original lease. The Gold Coast has one of the lowest vacancy rates in the city, with a submarket vacancy of 3.7 percent. New leases for comparable ground-floor space are signed significantly in excess of $100 per square foot. In addition to being located so close to the fashion boutiques on Oak, Rush and Michigan Avenue, the intersection of State and Division has the added benefit of close proximity to both an ‘L’ stop as well as to the high-end condo towers and co-ops that line the residential streets between this property and Lincoln Park. Such a strategic location allows the property to function more as a service-oriented retail building, rather than as a pure retail play, the fashions of which come and go with the seasons, which serves to enhance the durability of the tenancy at 1167 N. State St.

Contact:

Marcus & Millichap

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-26

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More details for 10901 S Cicero Ave, Oak Lawn, IL - Retail for Sale

Take 5 Oil Change - 10901 S Cicero Ave

Oak Lawn, IL 60453

  • NNN Property
  • Retail for Sale
  • $3,426,025 CAD
  • 1,800 SF
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More details for 114-120 N Halsted St, Chicago, IL - Retail for Sale

114-120 N Halsted St

Chicago, IL 60661

  • NNN Property
  • Retail for Sale
  • $3,974,189 CAD
  • 4,900 SF
  • 1 Unit Available
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More details for 2805 Mannheim Rd, Des Plaines, IL - Retail for Sale

Outback Steakhouse - 2805 Mannheim Rd

Des Plaines, IL 60018

  • NNN Property
  • Retail for Sale
  • $4,289,978 CAD
  • 5,000 SF

Des Plaines Retail for Sale - O'Hare

The Boulder Group is pleased to exclusively market for sale a single tenant ground leased Outback Steakhouse property located in Des Plaines, Illinois (Chicago MSA). Outback Steakhouse was completed in 2024 and includes a long-term lease through July 2039. The triple net ground lease features no landlord responsibilities and provides 10% rental escalations throughout the primary term and in the four 5-year renewal options. Outback Steakhouse is a wholly owned subsidiary of Bloomin’ Brands, a publicly traded company (NASDAQ: BLMN). The 5,000-square-foot building sits along Mannheim Road, which sees more than 29,000 vehicles per day, and is positioned just off both Interstate 90 (171,000 VPD) and Interstate 294 (173,000 VPD). The property bene?ts from its proximity to O’Hare International Airport, the fourth busiest airport in the United States, as well as nearby traffic drivers including Allstate Arena, ranked among the top 3% of stadiums and arenas nationwide for attendance per Placer.ai, Rivers Casino, Target, and numerous hotels surrounding the airport. Notably, the two hotels directly across the street (Hyatt Place and La Quinta) do not feature on-site full-service restaurants, which drives additional foot traffic and dining demand directly to the subject Outback Steakhouse. The property is also less than 10 minutes from both Maine South High School (2,500 students) and Maine West High School (1,900 students). More than 314,000 residents live within a ?ve-mile radius, and the surrounding community is affluent, with average household incomes exceeding $133,000 within three miles. Additionally, the daytime population expands to nearly 390,000 people within ?ve miles, supported by nearby office users such as Abbott, Touhy Plaza, Wintrust, the FAA Great Lakes Region, Pearson, Prologis, Feldco, and several others. Outback Steakhouse is an American casual dining restaurant chain known for its Australian-themed atmosphere and menu featuring steaks, chicken, ribs, seafood, pasta, and signature items like the Bloomin’ Onion. Founded in March 1988 in Tampa, Florida, by industry veterans Bob Basham, Chris T. Sullivan, Tim Gannon, and Trudy Cooper, the chain adopted an Australian-inspired concept emphasizing relaxed hospitality and the motto “No Rules, Just Right.” Outback Steakhouse operates as a ?agship brand under Bloomin’ Brands, Inc., a publicly traded company (NASDAQ: BLMN) headquartered in Tampa, Florida, that also owns Carrabba’s Italian Grill, Bone?sh Grill, and Fleming’s Prime Steakhouse & Wine Bar.

Contact:

The Boulder Group

Property Subtype:

Restaurant

Date on Market:

2026-01-08

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More details for 3300 Cicero Ave., Cicero, IL - Retail for Sale

PORTILLO'S (NASDAQ: PTLO) w/ DOUBLE DR-THRU - 3300 Cicero Ave.

Cicero, IL 60804

  • NNN Property
  • Retail for Sale
  • $7,365,954 CAD
  • 7,800 SF
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More details for 5259 S Ashland Ave, Chicago, IL - Retail for Sale

5259 S Ashland Ave

Chicago, IL 60609

  • NNN Property
  • Retail for Sale
  • $4,734,766 CAD
  • 12,901 SF
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More details for 2900 N Sheffield Ave, Chicago, IL - Retail for Sale

Enterprise Rent-A-Car - 2900 N Sheffield Ave

Chicago, IL 60657

  • NNN Property
  • Retail for Sale
  • $5,892,763 CAD
  • 1,126 SF

Chicago Retail for Sale - Lincoln Park

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Enterprise property in Chicago, Illinois. Enterprise has been successfully operating from this location since 1985 and executed a lease extension in 2015 demonstrating commitment. The current lease runs through February 2033 and features signi?cant 2.25% annual rental escalations. The lease is also absolute triple net and presents no landlord responsibilities. This is a rare, dense urban in?ll site in the heart of Wrigleyville, presenting a potential covered land opportunity as the tenant holds no renewal options. The property bene?ts from its position within Chicago’s vibrant Lakeview neighborhood. There are over 106,000 people living within one mile of the property, those of which earn an average household income exceeding $183,000. The property is surrounded by major demand drivers including Advocate Illinois Masonic Medical Center (397 beds), Advocate Outpatient Center, Belmont Harbor, Diversey Harbor, Jewel-Osco, Whole Foods, and Wrigley Field. Situated just two blocks from Wellington Station, served by the Purple and Brown CTA lines with a combined 38,000 daily riders, the property offers exceptional transit access. It is also surrounded by major thoroughfares, including Diversey Pkwy (16,700 vehicles per day), Halsted St (12,400 VPD), Lincoln Ave (13,000 VPD), Belmont Ave (17,700 VPD), and Lake Shore Dr (161,000 VPD). Enterprise Rent-A-Car, founded in 1957 by Jack Taylor in St. Louis, Missouri, is a global leader in the car rental industry. Initially a small leasing company with just seven vehicles, Enterprise grew under Taylor’s vision of exceptional customer service and a focus on local markets. Today, it operates over 9,500 locations in more than 100 countries, offering a wide range of vehicles for personal and business use. The company, still family-owned through Enterprise Mobility, emphasizes ?exibility with services like daily rentals, long-term leases, and innovative programs such as Enterprise CarShare and Exotic Car Collection, catering to diverse customer needs.

Contact:

The Boulder Group

Property Subtype:

Freestanding

Date on Market:

2025-11-06

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More details for 5231 S Pulaski Rd, Chicago, IL - Retail for Sale

Fifth Third Bank - 5231 S Pulaski Rd

Chicago, IL 60632

  • NNN Property
  • Retail for Sale
  • $4,343,926 CAD
  • 6,600 SF
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More details for 9520 S Jeffrey, Chicago, IL - Retail for Sale

Dollar General - 9520 S Jeffrey

Chicago, IL 60617

  • NNN Property
  • Retail for Sale
  • $1,644,492 CAD
  • 12,500 SF
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More details for 8849 S Stony Island Ave, Chicago, IL - Retail for Sale

Pizza Hut | New 15yr Abs NNN Leaseback - 8849 S Stony Island Ave

Chicago, IL 60617

  • NNN Property
  • Retail for Sale
  • $2,104,950 CAD
  • 2,600 SF
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More details for 1850 N Harlem Ave, Elmwood Park, IL - Retail for Sale

Little Newtons & Foss Swim School - 1850 N Harlem Ave

Elmwood Park, IL 60707

  • NNN Property
  • Retail for Sale
  • $10,109,514 CAD
  • 20,291 SF
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More details for 700 W Irving Park Rd, Bensenville, IL - Retail for Sale

CVS/AutoZone NNN 15-yrs Plus Chicago IL - 700 W Irving Park Rd

Bensenville, IL 60106

  • NNN Property
  • Retail for Sale
  • $5,224,003 CAD
  • 10,941 SF

Bensenville Retail for Sale - O'Hare

HMX Realty Advisors exclusively presents for sale a rare opportunity to acquire a property featuring a restructured absolute triple net lease with CVS, an investment-grade tenant (NYSE: CVS), further enhanced by a sublease with AutoZone, a leading auto parts retailer. This structure offers an exceptionally secure and predictable income stream for the next 17 years, mitigating typical retail investment risks. CVS entered a new 20-year lease in 2022 in exchange for a significant rent reduction. Key Advantages: Investment-Grade Security: While the property is currently occupied by AutoZone, the primary lease obligation rests with CVS, a Fortune 500 company. This provides a substantial layer of financial security, as CVS remains contractually bound to the lease, regardless of AutoZone's occupancy. This eliminates the risk of vacancy or tenant turnover typically associated with single-tenant properties. Think of it as having the stability of CVS as your tenant, even with the benefit of AutoZone's daily operations. De-risked Retail Investment: Unlike traditional retail investments, where tenant closures are a concern, this property has already navigated that potential challenge. CVS strategically subleased the location to AutoZone after getting a significant rent reduction and more lease term. This proactive approach by CVS effectively de-risks the investment for you. Strong Location & Market: The property is situated in a high-traffic area in Bensenville, near O'Hare International Airport, and benefits from the strong retail presence of nearby Walgreens. This prime location contributes to the success of AutoZone and reinforces the long-term value of the real estate. Attractive Entry Point: The current rental rate of $194,450 per year reflects a strategic rent reduction negotiated by CVS in conjunction with their 20-year lease extension. This creates an attractive entry point for investors seeking a stable, long-term return with no management responsibilities whatsoever. Unique Investment Narrative: This property offers a compelling narrative – a secure, long-term lease with an investment-grade tenant, enhanced by a successful sublease to a well-established retailer. This unique structure allows for a lower cap rate justification, reflecting the reduced risk profile compared to typical retail investments. The property is very close to O’Hare International Airport in Chicago, one of the busiest airports in the United States. There are many shipping and warehousing uses nearby which service the airport and give this area a significant daytime population. Retailers in the immediate area include PB, Popeye’s, Dunkin Donuts, Speedway, UPS, Burger King, Shell, Walgreens and McDonald’s.

Contact:

HMX1031.COM

Property Subtype:

Freestanding

Date on Market:

2025-02-26

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More details for 3219 N Clark St, Chicago, IL - Retail for Sale

Lakeview Redevelopment Opportunity - 3219 N Clark St

Chicago, IL 60657

  • NNN Property
  • Retail for Sale
  • $2,398,217 CAD
  • 20,976 SF

Chicago Retail for Sale - Lincoln Park

This offering is presented by KW Commercial and Keller Williams ONEChicago. Located at 3219 N. Clark Street in Chicago’s vibrant Lake View neighborhood, this property offers a unique redevelopment opportunity. The building, originally constructed in 1925 and classified as Class C, features a gross leasable area (GLA) of 6,992 square feet. With a current tenant occupying the ground floor, the upper floors are primed for conversion to residential apartments, making this a compelling mixed-use investment. Redevelopment Opportunity Residential Conversion: Potential to transform the 2nd and 3rd floors into (4) 900 SF residential apartments at $65,000 per unit for the renovation. 2nd Floor: (2) 2-bedroom, 2-bathroom unit with a pro forma rent of $3,250 per month. 3rd Floor: (2) 2-bedroom, 2-bathroom unit with a pro forma rent of $3,250 per month. Ground Floor Commercial Space: Maintains income stability with 3,300 SF of medical office or retail space under a pro forma NNN rent of $33.00/SF annually. Cash Flow Opportunity During Pre-Renovation Phase The current tenant’s lease, which began on January 1, 2006, runs through December 31, 2027. Starting in January 2026, the base rent will increase to $18,063 per month. This structure provides an investor with the opportunity to generate consistent cash flow (rental income) while obtaining plans and permits for renovations. Renovation work cannot commence until the tenant vacates the property, offering the investor time to prepare while maintaining financial stability. Financial Summary The purchase price is $2,000,000. The ground-floor lease provides consistent income, with the base rent increasing to $18,063 per month ($31.00/SF) by 2026. The existing lease, which runs through 2027, ensures stable revenue while providing time for the planned residential conversion. Tenant Information Blum Animal Hospital, part of the national VCA Animal Hospitals Inc. network, currently occupies the ground floor. VCA is recognized for its high-quality pet care and extensive network of over 1,000 locations, providing a stable and reputable tenant for the property during the renovation. Location and Market Overview Nestled in the affluent and dynamic Lake View neighborhood, the property enjoys a prime location surrounded by shopping, dining, and cultural attractions. It offers excellent visibility, high foot traffic, and proximity to public transportation, enhancing its appeal to both residents and businesses. Investment Highlights This property combines the security of a long-term, reputable tenant with the significant upside of redevelopment potential. Mixed-use redevelopment offers diversified income streams. Phased renovation approach allows for cash flow during construction. Prime location in a thriving community ensures ongoing demand for residential and commercial spaces. Triple Net Lease (NNN) structure minimizes landlord expenses while maintaining stable cash flow Projected total annual income of $220,600 highlights the value of the planned conversion. The property at 3219 N. Clark Street is an exceptional opportunity for investors seeking to capitalize on Lake View’s robust real estate market while ad. adding value through strategic redevelopment and operational flexibility.

Contact:

Midwest Investment Advisors

Property Subtype:

Storefront

Date on Market:

2024-08-16

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More details for 2744 N California Ave, Chicago, IL - Retail for Sale

Walgreens - (California Ave) Chicago, IL - 2744 N California Ave

Chicago, IL 60647

  • NNN Property
  • Retail for Sale
  • $10,141,034 CAD
  • 12,515 SF
  • Car Charging Station

Chicago Retail for Sale - Northwest City

Available individually or as a portfolio, ask about our other midwest Walgreens locations. WALGREENS Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries. CHICAGO, IL Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana. The metro houses 9.5 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. The greatest growth during the past 20 years occurred in the western portion of the region and was exemplified between 2020-2021. Since then, movement back into downtown Chicago is gaining headway as employers increasingly push for hybrid work schedules, while progressing tourism levels support activity in the urban core. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

Contact:

NNN Investment Group of Marcus & Millichap

Property Subtype:

Drug Store

Date on Market:

2024-04-25

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More details for 3410 W Belmont Ave, Chicago, IL - Retail for Sale

Walgreens - (Belmont Ave) Chicago, IL - 3410 W Belmont Ave

Chicago, IL 60618

  • NNN Property
  • Retail for Sale
  • $9,983,437 CAD
  • 14,490 SF
  • Air Conditioning

Chicago Retail for Sale - Northwest City

Available individually or as a portfolio, ask about our other midwest Walgreens locations. WALGREENS Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries. CHICAGO, IL Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana. The metro houses 9.5 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. The greatest growth during the past 20 years occurred in the western portion of the region and was exemplified between 2020-2021. Since then, movement back into downtown Chicago is gaining headway as employers increasingly push for hybrid work schedules, while progressing tourism levels support activity in the urban core. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

Contact:

NNN Investment Group of Marcus & Millichap

Property Subtype:

Drug Store

Date on Market:

2024-04-25

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