Chicago Retail for Sale - Northwest City

Vesper Aesthetics, current owner, will sign a 5-year $29/sqft NNN lease at closing.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-07-07

Hazel Crest Retail for Sale - Near South Cook

Marcus & Millichap is pleased to present the opportunity to purchase the fee simple interest in a 9,422 square foot neighborhood retail center located in Hazel Crest, directly off the I-294 highway. Well-sited at the signalized intersection of Dixie Hwy and 171st St, the property features an above average yield of 9.00% on the in-place income. The property has shallow depth bays, ample parking, and benefits from the wellestablished tenants in place. With one vacant unit accounting for 10% of the square footage, investors can further push their Year 2 CAP rate to 11.13%. Current ownership recently signed another lease for ~2,000SF, establishing clear demand for space here. The retail center has been well-maintained by the current owners, who are largely focused on their industrial and office portfolio of over 1,500,000 square feet. All the tenants operate on Modified Net leases, reimbursing all CAM Expenses, Insurance, partial Management Fees, and their pro rata share of real estate tax increases over the base year expense. Located on the edge of a dense neighborhood, the center benefits from solid suburban demographics – over 75,000 people live within three miles of the property and average household incomes exceed $91,000 annually within the same radius. This retail property further benefits from visibility to 15,000 vehicles per day on Dixie Hwy. Listed at an 9.00% CAP rate and Price/SF of $98.33, this is an opportunity to purchase a well-performing asset with a yield that’s difficult to replicate elsewhere. Please contact Marcus & Millichap with additional questions.

Property Subtype:

Storefront

Date on Market:

2023-05-08

Naperville Retail for Sale - Western East/West Corr

Colliers is pleased to introduce this stabilized neighborhood strip center located at 501–541 W 87th Street in Naperville, Illinois. Positioned at 87th Street and Modaff Road, the property benefits from excellent visibility and strong local access. This fully occupied center includes a gas station and features a diverse tenant mix, offering strong in-place income and long-term investment stability. The property spans approximately 22,300 square feet on a 1.97-acre lot and was originally constructed in 1974. With a Net Operating Income (NOI) of $387,276 and a purchase price of $4,840,950, this offering delivers an attractive 8% capitalization rate.

Date on Market:

2025-07-01

Round Lake Beach Retail for Sale - Central Northwest

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Kohl’s property in Round Lake Beach, Illinois, within the Chicago MSA. Kohl’s has successfully operated at this location since 2000 and recently exercised the ?rst 5-year renewal option in 2025, extending the lease through February 2030. Kohl’s is currently paying a low rent of $6.90 per square foot under an absolute triple net lease with zero landlord responsibilities. Each of the six remaining renewal options features a 9.1% rent increase. Additionally, the property is located on a large 7.8-acre lot. The 86,776 square foot building benefits from its position along East Rollins Road (26,200 VPD) which is a primary east – west thoroughfare for Round Lake Beach. The property is also located in the area’s main retail corridor, which is home to major tenants Ross, Meijer, The Home Depot, Tony’s Fresh Market, Jewel-Osco, Chase Bank, Starbucks, Advance Auto Parts, Goodwill, McDonald’s, Buffalo Wild Wings, and Harbor Freight. The property is also within proximity to Illinois Route 82 (21,200 VPD) and 1.5 miles west of Grayslake North High School, which has 1,400 students enrolled. There are over 143,000 people living within a ?ve-mile radius, those of which earn a six-?gure average household income of $129,074. Kohl’s Corporation, founded in 1962 by Maxwell Kohl in Milwaukee, Wisconsin, has grown from a single grocery store into one of America’s leading department store chains. Initially expanding through supermarkets and small retail outlets, Kohl’s shifted its focus to department stores in the 1980s, emphasizing affordable, quality merchandise for families. Today, Kohl’s operates over 1,100 stores across 49 states and a robust e-commerce platform, offering a wide range of products including apparel, home goods, and accessories. Known for its customer-centric approach, Kohl’s has built a reputation for value through exclusive partnerships with brands like Vera Wang and Tony Hawk, alongside its popular Kohl’s Cash rewards program.

Property Subtype:

Department Store

Date on Market:

2025-06-30

Holiday Shores Retail for Sale - Illinois

New Construction, 10,640 SF Freestanding Building Absolute NNN, Annual Rent: $141,961.56 New Lease Terms - 5% rent increases every 5 years Lease Term -15 years, Commencement Date - December 2025 Average CAP over 15 years 6.94%

Property Subtype:

Convenience

Date on Market:

2025-06-26

Rockford Retail for Sale - I-39 Corr/Winnebago Cnty

The CBRE Net Lease Property Group is pleased to offer for sale the 58,236-square-foot Schnucks grocery store positioned on 8.54 acres in Rockford, IL (MSA Population: 332,453+). Schnucks absolute NNN lease has ±11.5 years of term remaining with 5% rent increases every 5 years and in each of the eight, 5-year renewal options. The property is part of the larger Schnucks Portfolio, which consists of eight assets in Missouri and Illinois. The seller is highly encouraging individual and portfolio offers.

Property Subtype:

Supermarket

Date on Market:

2025-06-19

Pekin Retail for Sale - Outlying Tazewell County

The CBRE Net Lease Property Group is pleased to offer for sale the 53,404-square-foot Schnucks grocery store positioned on 4.78 acres in Pekin, IL — part of the Peoria, IL MSA (MSA Population: 360,543+). Schnucks absolute NNN lease has ±11.5 years of term remaining with 5% rent increases every 5 years and in each of the eight, 5-year renewal options. The property is part of the larger Schnucks Portfolio, which consists of eight assets in Missouri and Illinois. The seller is highly encouraging individual and portfolio offers.

Date on Market:

2025-06-19

Charleston Retail for Sale

Surmount is pleased to present the exclusive listing for a Sonic located at 107 W Lincoln Ave, Charleston, IL 61920. The site consists of roughly 1,660 rentable square feet of building space on an estimated 0.6-acre parcel of land. This Sonic is subject to a 20-year Triple Net (NNN) lease, which commenced 7/22/2024. The current annual rent is $186,685 and has scheduled increases of 1.50% annually.

Date on Market:

2025-06-17

Elmhurst Retail for Sale - Eastern East/West Corr

• The subject property is operated by FQSR, LLC, a subsidiary of KBP Foods, one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s. • Over 10 years remaining on the base term with 2 (5-year) option periods to extend the lease.

Property Subtype:

Fast Food

Date on Market:

2025-06-02

Homewood Retail for Sale - Far South

• The subject property is operated by FQSR, LLC, a subsidiary of KBP Foods, one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s. • Approximately 10 years remain on the base term with 2 (5-year) option periods to extend the lease.

Property Subtype:

Fast Food

Date on Market:

2025-06-02

Northfield Office for Sale - Central North

Fully stabilized (100% Leased) investment property in upscale North Shore suburb of Chicago. Three long term tenants; Trio MedSpa, Northfield Vision Center and Berry Scuba Center have extended their leases for another 5-year term through 2030 (Vision Center through 2031). All leases are NNN and Tenants cover all expenses monthly in addition to net rent. Perfect for investor looking for quality property in an excellent location.

Property Subtype:

Medical

Date on Market:

2025-05-30

Chicago Heights Industrial for Sale - Far South

Long-Term, 15 Year Triple Net (NNN) Lease with 2.00% Annual Increases Mission Critical Manufacturing Facility in Operations Since 1985 Facility Has Three Continuous Production Lines Producing Sound Barrier and Noise Damping Products

Property Subtype:

Warehouse

Date on Market:

2025-05-30

New Lenox Retail for Sale - Joliet/Central Will

SRS National Net Lease Group is pleased to present the opportunity to acquire the leased fee interest (land ownership) in a NN+ (near-absolute NNN), freestanding, corporate guaranteed (NYSE: BAC), investment grade (S&P: A-) Bank of America branch property located in New Lenox, Illinois, part of the Chicago Metropolitan Statistical Area (MSA). The tenant, Bank of America, N.A., has approximately five (5) years remaining on the current lease term with four (4), five-year options to extend, reflecting the bank’s long-term commitment to the location. The lease is NN+ with the landlord responsible only for 80% of structural and capital improvements, offering near-passive income with limited management obligations. The property underwent a complete interior renovation in 2021, aligning with Bank of America’s modern branch design and enhancing long-term viability.

Property Subtype:

Bank

Date on Market:

2025-05-15

Joliet Industrial for Sale - Joliet/Central Will

Prime Truck Repair Facility – Joliet, IL Industrial Investment Opportunity Offering Details: Asking Price: $2,750,000 Net Operating Income (NOI): $192,000 Cap Rate: 7.00% 5-year Lease Starts July 1st 2025 NNN Annual Rent Escalation: 3.5% (17.5% total over lease term) Strong Cash-Flowing Asset This fully equipped truck repair facility offers a rare chance to acquire a high-performance industrial property in Joliet, with direct visibility from Interstate 80 The property combines excellent functionality with unbeatable location advantages in a heavy industrial corridor. Owner Financing Available: 30% down payment 20-year amortization 6.25% interest rate Property Highlights: Building Size: 5,500 SF (freestanding industrial facility) Lot Size: 1.25 Acres – fully fenced, lit, and secured yard Zoning: Industrial Visibility: Excellent signage exposure to I-80 traffic Unincorporated Will county Interior Features Office Space: 1,000 SF Office Mezzanine: 100 SF Kitchen & Restroom Separate restroom with shower Warehouse Features (2) Oversized drive-through overhead doors (14.5' x 18') 3-Phase Power – supports heavy-duty repair equipment Clear span layout – ideal for truck maintenance operations

Property Subtype:

Manufacturing

Date on Market:

2025-05-15

Chicago Retail for Sale - South Chicago

NNN Investment and great long term tenants mix. 100 % Occupied with 8 tenants. Very visible and busy 6 corner business corridor. Very dense population area with countless car and foot traffic. Built 2007.

Date on Market:

2025-05-14

Chicago Ridge Retail for Sale - Near South Cook

• The tenant just recently signed a brand new 15-year lease with 5 (5-year) options to extend, demonstrating their commitment to the site • The lease features 7.50% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation • Raising Cane’s is one of the fastest-growing restaurant brands, with 800+ Restaurants in 40+ states, and plans to open 100 new Restaurants across several new markets in 2024

Property Subtype:

Fast Food

Date on Market:

2025-05-12

Moline Retail for Sale - Greater Rock Island

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located within the Quad Cities MSA in Moline, Illinois. Walgreens has successfully operated at this location since 2002 and extended the lease with a long-term extension demonstrating their commitment to the property. The lease is absolute triple net featuring no landlord responsibilities. The lease runs through February 2034 leaving over 8 years of term remaining. Additionally, there are seven 5-year renewal options. Walgreens is the second largest pharmacy store chain in the United States with a Fortune 500 ranking of 28 for total revenue. The 14,392-square-foot building is strategically located at a signalized intersection along 19th Avenue and 7th Street which experience a combined 23,700 vehicles per day. The property benefits from its proximity to Interstate 74 (78,100 vehicles per day), providing direct access to Peoria and surrounding areas. The property is situated in a densely populated area, more than 166,000 residents live within a five-mile radius, with an average household income exceeding $81,000. The location also enjoys strong visibility and traffic flow, bolstered by nearby national and regional retailers including Jewel-Osco, Salvation Army, Starbucks, O’Reilly Auto Parts, Shell, UnityPoint Health, and others. Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 8,600 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services.

Property Subtype:

Drug Store

Date on Market:

2025-05-06

Atkinson Retail for Sale - Henry County

This NNN investment opportunity offers a rare chance to acquire a strategically located asset backed by a leading national adult product retailer. Established in 1973, Suzies has grown into the #1 retailer of adult novelties, lingerie, and pleasure products, with over 50 locations nationwide. The property is a single story 4,460 SF situated on a spacious 1.34-acre lot along Highway 80, one of only three transcontinental highways in the U.S., ensuring high traffic visibility and easy accessibility. The neighboring parcels are in discussions to be developed into QSR’s with drive-thru’s. LEASE STRUCTURE The investment has a new 20-year absolute triple-net (NNN) lease with over 19 years left, placing all maintenance, insurance, and property tax responsibilities on the tenant, leaving no landlord responsibilities. The lease includes 2% annual rent increases, providing a hedge against inflation, and five 5-year extension options, ensuring long-term stability. With an experienced operator and a solid history of performance, Suzies offers strong security for this lease along with an additional personal guarantee. CORPORATE GUARANTEE + PG The lease is backed by a corporate guarantee from Janra Investments, LLC. Information available to qualified investors.

Property Subtype:

Freestanding

Date on Market:

2025-05-02

Portfolio of properties for Sale - East Jackson County

Seneca Real Estate Group, in co-operation with Northmarq Commercial, is pleased to present to qualified investors the opportunity to acquire a six-property Walgreens stores spanning Missouri, Michigan, Indiana, Illinois, North Carolina, and Wisconsin (“The Portfolio”). Leased to Walgreen Co., a wholly owned subsidiary of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the Portfolio offers investors a diversified income stream supported by Walgreens’ long-term occupancy, with all six locations operating continuously for over 20 years—demonstrating consistent demand and stable tenancy across the Portfolio. Each Property is a freestanding, high-visibility location situated on a signalized hard corner with strong traffic counts and entrenched retail demand. The Portfolio combines stable, in-place cash flow with strategic lease rollover creating a compelling mix of downside protection and value-add upside. For more information, please download the Portfolio OM or contact LA directly.

Date on Market:

2025-05-01

Thomson Retail for Sale

Property Subtype:

Storefront

Date on Market:

2025-04-28

Naperville Retail for Sale - Western East/West Corr

Colliers Net Lease Investment Group is pleased to present the opportunity to acquire a 100% fee simple interest in a newly remodeled Meineke in Naperville, Illinois – a premier Chicago MSA suburb. This single-tenant, recession resistant asset is backed by a strong operating history and a growing franchisee. Meineke is a nationally recognized brand in the automotive maintenance space and part of the Driven Brands portfolio (NASDAQ: DRVN), which includes Maaco, Take 5 Oil Change, and others. This 4,025-square-foot property is located along Ogden Avenue (Route 34), one of Naperville’s primary commercial corridors just South of I88 which is the gateway to Illinois’s 2nd largest city outside of Chicago. The site benefits from 30,000+ vehicles per day and is directly across from a newly built Chick-fil-A and a Costco. The Costco sees more than 1.2 million people annually. Further still, there are over 75,000 people within 3 miles of the store. The single-tenant building is leased for a 15 year term and is offered at $1,793,103 corresponding to a 7.25% cap rate.

Property Subtype:

Auto Repair

Date on Market:

2025-04-22

Carol Stream Retail for Sale - North DuPage

Sands Investment Group is pleased to exclusively offer for sale the 14,195 SF Cadence Academy located at 1280 Kuhn Rd in Carol Stream, IL. This deal includes ~15 years remaining on the lease with favorable 2% annual rent escalations, offering a stable and reliable investment opportunity. In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429

Property Subtype:

Day Care Center

Date on Market:

2025-04-09

Lansing Retail for Sale - Near South Cook

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee (land ownership) in an absolute NNN leased, Chase Bank investment property located in Lansing, Illinois. The tenant, Chase Bank, has 5-years remaining on their original 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. As of June 2024, this branch has over $42MM of deposits, up from $24MM five years ago (75% Increase).

Property Subtype:

Freestanding

Date on Market:

2025-04-08

Marion Retail for Sale

Available for acquisition is a 2,040 SF single-tenant, absolute NNN bank branch situated in a prime location in Marion, IL. This investment offers long-term income stability, backed by a $2 billion financial institution with a strong operational presence—over $100 million in deposits are held at this specific branch. The property features three drive-thru bays and an on-site ATM, ensuring customer convenience and high service throughput. A long-term lease is currently in place, with renewal options extending through October 2059, providing extended investment security. With a cap rate of 10.9%, this asset presents a compelling opportunity for investors seeking reliable, passive income supported by a well-capitalized tenant. Offered at a sale price of $1,195,000. For further details or to request financials, please contact the listing broker.

Property Subtype:

Bank

Date on Market:

2025-04-03