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. 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

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

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

Chicago Retail for Sale - South Chicago

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, Pizza Hut investment property located in Chicago, Illinois. The tenant, PH S Stoney Island LLC, will sign a brand new 15 year lease with 3 (5-year) options to extend at close of escrow, 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, 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.

Property Subtype:

Restaurant

Date on Market:

2025-04-02

Machesney Park Retail for Sale - I-39 Corr/Winnebago Cnty

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple (land & building ownership) interest in an absolute NNN leased, drive-thru equipped, Church’s Chicken investment property located in Machesney Park, Illinois. The tenant recently signed a 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features a 10% rental increase every 5 years throughout the initial term and at the beginning of each option period, 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.

Property Subtype:

Fast Food

Date on Market:

2025-03-28

Elmwood Park Retail for Sale - Oak Park Area

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, 2-tenant investment property located in Elmwood Park, Illinois. The tenant, Little Newton’s, has an agreement in place to extend the lease until 6/30/2037, bringing the term remaining to over 12 years with 4 (5-year) options to extend, demonstrating their commitment to the site. Foss Swim School has over 4 years of term remaining. Both leases currently feature 1.5% annual rental increases throughout the initial term and Little Newton’s extend throughout each option period, steadily growing NOI and hedging against inflation. The leases are absolute NNN in structure with zero landlord responsibilities making it an ideal investment opportunity for a passive investor.

Property Subtype:

Freestanding

Date on Market:

2025-03-17

Oak Park Retail for Sale - Oak Park Area

Please do not disturb Tenant.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-03-07

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.

Property Subtype:

Freestanding

Date on Market:

2025-02-26

Herscher Retail for Sale

Please note that this is NOT a whole building purchase. 46.01% of the property is being sold.

Property Subtype:

Freestanding

Date on Market:

2025-01-21

Worth Retail for Sale - Near South Cook

The Snyder Carlton National Net Lease Team is pleased to present an exceptional investment opportunity to acquire a high-quality, single-tenant CVS property located in Worth, Illinois, within the thriving Chicago Metropolitan Statistical Area (MSA). This asset offers a long-term, absolute NNN lease with over 14 years remaining in the primary term, plus five 5-year renewal options, each with 5% rent increases—making it a prime choice for investors seeking stable, passive income for years to come. The 16,000 SF building is situated on a 1-acre parcel at a highly visible and accessible location along W 111th Street and Normandy Avenue W (29,172 VPD), just adjacent to Interstate 294 (154,600 VPD). With its prominent position and easy access, the property enjoys excellent traffic and visibility, ensuring continued success for the tenant. Nearby retailers and amenities include CIBC Bank, O’Reilly Auto Parts, Chase Bank, Baskin-Robbins, Subway, Dollar Tree, Family Dollar, Advance Auto, Walgreens, and many others, making this a well positioned asset in a busy retail corridor.

Property Subtype:

Drug Store

Date on Market:

2025-01-07

Alton Office for Sale - Illinois

Excellent investment opportunity & great central location! Medical office building w/64,800 sf w/approx. 54,000 rsf with over 1/2 of the building rented w/2-5yr NNN leases. The building consists of 2 floors & lwr level. The main floor offers a common area including a lobby, bathrooms, conference room & 2 elevators that service all 3 levels. There is prime space available on the 1st floor for lease. The lower & 2nd level are leased to a large St. Louis based medical healthcare system & 2 other prominent medical tenants. The exterior of the building is brick & glass & sits on 4.3 acres w/ a large asphalt parking area that has approx. 270 parking spaces, w/ 10 handicap. The property has 2 parcels & is zoned C2 General Commercial Dist. Uses include restaurant, retail stores professional/personal services and medical offices. This property has easy access to major hwys (Rte 3, Rte 140 & College Ave) & close to Interstates 255 & 270. Avg. daily vehicle counts are approx. 14,200 VPD.

Property Subtype:

Medical

Date on Market:

2024-12-13

Algonquin Retail for Sale - Far Northwest

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, corporate guaranteed, Red Robin investment property located in Algonquin, Illinois. The tenant, Red Robin International, Inc., has over 6 years remaining on its lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7% 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.

Property Subtype:

Restaurant

Date on Market:

2024-12-03

Berwyn Retail for Sale - Cicero/Berwyn Area

This passive net-lease opportunity offers a qualified buyer the chance to invest in a leading, national tenant, with a long-term absolute net lease in a highly desirable Chicago neighborhood. This location has incredibly strong store sales and an extremely low rent-to-sales ratio, please call agent for more details! JEWEL-OSCO Jewel-Osco is Illinois' leading supermarket chain with 189 locations primarily within the Chicago MSA and additional locations throughout Iowa and Indiana. Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share. Jewel has operated as a subsidiary of Albertsons (NYSE:ACI) since 1999. STICKNEY, ILLINOIS Just minutes from downtown Chicago, Stickney, Illinois, offers the perfect blend of suburban tranquility and convenient access to big-city perks. As part of the Chicago Metropolitan Statistical Area (MSA), Stickney provides a family-friendly atmosphere, strong community spirit, and affordable living options—all within easy reach of Chicago’s thriving job market, cultural attractions, and diverse dining scene. 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

Property Subtype:

Supermarket

Date on Market:

2024-11-18

Carpentersville Retail for Sale - Far Northwest

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru equipped, Popeyes investment property located in Carpentersville, IL (Chicago MSA). The tenant is HZ Props RE, Ltd., an entity of Dhanani Group, one of the largest Popeyes and Burger King franchisees in the country with hundreds of locations. Founded in 1972, Popeyes is among the most prominent QSR brands, with roughly 4,000 locations around the world. The lease has over two years of firm term remaining with an additional two (5-year) option periods to extend and features 1% annual rental increases throughout the initial term and options, steadily increasing NOI and hedging against inflation. With an absolute NNN structure and zero landlord responsibilities, this asset offers a truly passive, management-free investment opportunity.

Property Subtype:

Fast Food

Date on Market:

2024-10-28

Lisle Retail for Sale - Western East/West Corr

Property Subtype:

Drug Store

Date on Market:

2024-10-17

Oak Park Retail for Sale - Oak Park Area

SVN Chicago Commercial is pleased to present this unique Value-Add investment opportunity in the heart of downtown Oak Park. 113-115 N. Marion Street includes 43' of retail frontage on Marion and has 2 Retail Units and 14 Office Suites on the 2nd floor. This location has achieved a Walker's Paradise Walk Score, and with nearby access to I-290, I-294, the Oak Park Metra Station the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area.

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-09-10

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.

Property Subtype:

Storefront

Date on Market:

2024-08-16