Hoffman Estates Retail for Sale - Schaumburg Area

Surmount is pleased to present the exclusive listing for a Steak n' Shake located at 1825 Barrington Road, Hoffman Estates, IL 60169. The site consists of roughly 3,750 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Steak n' Shake is subject to an original 18-year Triple Net (NNN) lease, which commenced 7/4/1998. The current annual rent is $125,377 and the tenant has two 5-year extension options remaining.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Danville Retail for Sale

We are pleased to present for sale the vacant CVS property located at 900 E. Main St, Danville, IL 61832 (the “Property”). The ±13,225 square foot freestanding building was constructed in 2010 and sits on fee simple land along East Main Street (IL-1) a key north-south arterial through Danville offering high visibility and convenient access to US Route 150 and Danville Mass Transit. CVS remains obligated on the lease through January 30, 2035, with a corporate guarantee in place during the base term. Notably, the lease provides for a free rent period beginning February 1, 2032. The buyer will benefit from approximately $2,188,986 in remaining rental income over the next 6+ years. Listed in conjunction with Brian Brockman, Bang Realty - Illinois, 513-898-1551, wg@bangrealty.com, IL DRE Lic. 471020548.

Property Subtype:

Freestanding

Date on Market:

2025-11-19

Bloomington Retail for Sale

Property Subtype:

Freestanding

Date on Market:

2025-11-11

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.

Property Subtype:

Freestanding

Date on Market:

2025-11-06

Chicago Retail for Sale - Northwest City

Property Subtype:

Health Club

Date on Market:

2025-10-30

Effingham Retail for Sale

Surmount is pleased to present the exclusive listing for a Panera Bread located at 1601 Damron Court, Effingham, IL 62401. The site consists of roughly 4,187 rentable square feet of building space on an estimated 1.3-acre parcel of land. This Panera Bread is subject to a 15-year Triple Net (NNN) lease, which commenced 2/28/2018. The current annual rent is $153,527 and has scheduled increases of 8.00% every 5 years.

Property Subtype:

Restaurant

Date on Market:

2025-10-23

Joliet Retail for Sale - Joliet/Central Will

Stream Capital Partners, as exclusive advisor to the seller, is pleased to present for sale a newly constructed Chipotle asset in Joliet, IL, an affluent community located in Chicago’s southwest suburbs. Chipotle is positioned at the entrance of the Rock Run Collection, a super regional mixed use development with over 1 million square feet of retail, hospitality, entertainment, and multi-family combined. Hollywood Casino relocated their existing Joliet location to Rock Run and features 7 restaurants, 6 bars, ESPN Sportsbook, and a 10,000 SF convention center. The casino, which opened in August 2025, is projected to attract 1 million visitors annually to Rock Run. In addition, a 264-unit multifamily development within Rock Run will welcome residents starting in February 2026. Rock Run is strategically situated at the confluence of I-55 & I-80 (230,000 VPD) with direct access from the Gateway Blvd. Interchange (Exit 251), providing convenient access for local and regional consumers, whether they are traveling from downtown Chicago, downstate IL, Northwest IN, or Iowa. Additionally, the development benefits from a recently opened interchange providing access from I-55 directly into Rock Run.

Property Subtype:

Fast Food

Date on Market:

2025-10-21

Harrisburg Retail for Sale

CBRE is pleased to present KFC for sale located at 514 S Commercial St in Harrisburg, IL. This “Flagship” KFC property includes a 7,101 SF building on a 1.39 ACRE parcel and benefits from being situated on the signalized hard corner of Commercial Street and Sloan Street which sees over 22,000 vehicles per day. The tenant has shown incredible commitment to the location and market by signing a brand new 20-year lease in October 2024. This is an elite performing KFC and among the top 5% locations nationwide. The property underwent a significant remodel in 2018, with another renovation scheduled for 2028, further demonstrating the tenant’s dedication to the site. The lease is backed by Tasty Midwest, LLC, an 81-unit subsidiary of Tasty Restaurant Group, with an additional guarantee from Tasty Chick’n, LLC, another 80+ unit subsidiary of TRG, for the first 10 years of the lease. The Absolute NNN Lease calls for zero landlord responsibilities whatsoever and contains 1.5% rental increases annually with 4-Five Year Options, providing a strong hedge against inflation. The asset is situated in the town’s main retail corridor and adjacent to a Walmart Supercenter that sees over 2 million annual visitors.

Property Subtype:

Fast Food

Date on Market:

2025-10-20

Chicago Retail for Sale - South Chicago

High CTA Ridership: The site benefits from being 1 block from the CTA “L” Pulaski station, which saw total entries of 942,000 riders in 2024, making it the Orange Line’s second highest ridership location. Excellent Highway Accessibility: Strategically located just 1.5 miles from Interstate 55, a major arterial route connecting the southwest suburbs to downtown Chicago, which sees approximately 190,000 vehicles per day—providing exceptional regional access and high visibility for commercial traffic. High Traffick Retail Corridor: Pulaski Rd. (34,440 VPD) runs throughout the entire City of Chicago, providing strong traffic counts and visibility to the immediate area. Other retailers include Jewel-Osco, McDonald’s, Chipotle, and Walgreens, among others.

Property Subtype:

Bank

Date on Market:

2025-10-10

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

Commercial Plus, LLC is pleased to offer the fee-simple interest in a stabilized express car wash property in Peru, Illinois. Positioned on 0.82 acres with direct visibility to Highway 251 and immediate access to Interstate 80, the property combines prime frontage, regional accessibility, and retail density. The property is secured by a 20-year absolute triple-net (NNN) lease with no landlord responsibilities and a corporate guarantee from the tenant. The lease provides predictable, growing cash flow (contractual rent escalations) while shifting taxes, insurance, and maintenance to the tenant, delivering truly passive, credit-backed income. For investors, ownership also unlocks accelerated depreciation / cost-segregation potential (per buyer’s tax advisor), combining tax efficiency with durable, long-term security. Portfolio Note - This asset is one of four Central Illinois sites (Macomb, Morton, Ottawa, Peru) available individually or as a portfolio. A portfolio acquisition offers scale, geographic diversification, and a larger corporate-backed income stream across multiple markets. Next Steps - Please contact the listing agent to request the full Offering Memorandum, detailed lease abstracts, and materials for this site and the remaining portfolio assets PROPERTY & OPPORTUNITY SNAPSHOT • Lot Size: 0.82 +/- AC • Building Size: 5,180 +/- SF • Frontage: 85 +/- FT along Mahoney Dr • Traffic: 8,000 +/- VPD (Hwy 251 corridor 18,000+ VPD) • Lease: 20-year NNN lease through March 12, 2044 • Rent Growth: 2% annual increases • Tenant: Sparkle Express Car Wash, Inc. (Corporate Guarantee) • Depreciation Advantage: 100% bonus depreciation in year one of ownership KEY INVESTMENT DRIVERS • Corporate-Backed Income: NNN obligations guaranteed by Sparkle Express Car Wash, Inc. • Pure Passive Income: Absolute NNN lease ensures zero landlord responsibilities • Bonus Depreciation: 100% accelerated depreciation available in year one • Stable Growth: 2% annual rent increases provide predictable income appreciation • Retail Adjacency: Anchors include Walmart, Target, Menards, Hobby Lobby, Home Depot, & more • Portfolio Option: Available individually or within a larger portfolio across the Central Illinois Corridor WHY INVEST IN THE CENTRAL ILLINOIS CORRIDOR? The Central Illinois Corridor, anchored by Peoria, Ottawa, Morton, and Macomb, reaches over 513.6K people across 211.8K households, with an average household income of $92.1K+. This provides a compelling blend of stability, growth, and diversification, especially when viewed through the lens of value investing. Landlord fundamentals are reinforced by the corridor’s interstate connectivity (I-74/I-80/I-39), strong mobility (˜1.85 vehicles/household), and ongoing industrial/logistics investment with blue-chip anchors (e.g., Caterpillar, OSF, Frito-Lay, Trader Joe’s, Ameren, Komatsu), which collectively support steady traffic, employment, and spend. For value-minded investors, fee-simple positions in these infill submarkets offer secure absolute NNN income (with corporate guarantees and built-in escalators) plus long-term land appreciation; paired with accelerated depreciation (per buyer’s tax counsel), the result is a compelling blend of predictable cash flow, tax efficiency, and durable exit optionality.

Property Subtype:

Car Wash

Date on Market:

2025-09-19

Forest Park Retail for Sale - Cicero/Berwyn Area

NNN Pro is pleased to present the exclusive listing for a Walgreens located at 7200 Roosevelt Road, Forest Park, Illinois 60130. The site consists of roughly 12209 rentable square feet of building space on an estimated 0.89-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/23/2023. The current annual rent is $326,772 and has scheduled increases of 5.00% Every 5 Years.

Property Subtype:

Drug Store

Date on Market:

2025-09-02

Mokena Retail for Sale - Joliet/Central Will

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land only) in a newly built, freestanding, absolute NNN, 7-Brew investment property located in Mokena, IL (Chicago MSA). The tenant, Who Brew IL I, LLC (dba 7-Brew), recently signed a brand new 15-year lease with 8 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases through year 6 followed by a one-time 10% increase in year 11 with an additional 10% increase at the beginning of each option thereafter (see rent roll). The lease is franchisee guaranteed and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Founded in 2017, 7-Brew has quickly become a consumer favorite coffee chain with over 430 locations. 7-Brew is strategically located near the signalized, hard corner intersection of Lincoln Highway and Wolf Road with clear visibility and access to an average of 34,800 vehicles passing by daily. The property also benefits from nearby access onto U.S. Highway 45 (35,200 VPD), connecting the southern Chicago MSA. The property is ideally situated within a dense retail trade area and lies as an outparcel to Mokena Marketplace, a 385K+ SF Community Center anchored by Meijer and JCPenney. The additional surrounding tenants include PetSmart, Kohl’s, Chipotle, Binny’s Beverage Depot, McAlister’s Deli, Chase Bank, Office Depot, and others. The strong tenant presence drives a steady stream of loyal, local consumers, promoting crossover exposure and contributing to the economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including New Lenox Horizon Senior Living (53 units), Lincoln Station Rowhomes (220 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 98,600 residents and 41,900 daytime employees with an affluent average household income of $155,200.

Date on Market:

2025-08-15

Chicago Retail for Sale - South Chicago

Arm Chair investment with fortune 500 (Ranked #111) national credit tenant (NYSE: DG). Major commercial corridor next to McDonald and many recognized businesses. The lease just renewed and this location is one of the busiest dollar general location in Chicagoland. The huge land can offer another future upside potential to add about 5000 sqft additional retail /drive thru space on outlot.

Property Subtype:

Freestanding

Date on Market:

2025-08-04

Belvidere Office for Sale - Boone County

Date on Market:

2025-07-31

Wenona Retail for Sale - Marshall County

Surmount is pleased to present the exclusive listing for a Family Dollar located at 205 North Chestnut Street, Wenona, Illinois 61377. The site consists of roughly 8320 rentable square feet of building space on an estimated 1.84-acre parcel of land. This Family Dollar is subject to a 14-year Triple Net (NNN) lease, which commenced 3/12/2015. The current annual rent is $87,810 and has scheduled increases of 10.00% Every 5 Years.

Property Subtype:

Storefront

Date on Market:

2025-07-16

South Barrington Office for Sale - Central Northwest

Leading natural & organic CPG broker: Positioned as the U.S.’s largest brokerage firm serving natural and organic consumer packaged goods brands Strategic Location with Excellent Transportation Access: Situated in South Barrington, Illinois, the property benefits from proximity to key transportation arteries including Interstate 90 and Route 59, providing direct access to the Chicago metropolitan area Mission-Critical Headquarters Facility for National Operations: The property serves as the corporate headquarters for PRESENCE, the largest independently owned natural and organic food brokerage in the U.S. Deeply Integrated Team with Specialized Expertise: With over 400 employees nationwide the company leverages a team-based model and extensive retail/distributor relationships to deliver consistent, high-touch service across the country

Date on Market:

2025-07-15

Matteson Retail for Sale - Far South

• The subject property is operated by 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 9.5 years remaining on the base term with 2 (5-year) option periods to extend the lease • The lease is backed by FQSR, LLC a subsidiary of KBP Foods that has over 800 units in this entity

Property Subtype:

Fast Food

Date on Market:

2025-07-07

Dolton Retail for Sale - Near South Cook

• The subject property is operated by 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 9.5 years remaining on the base term with 2 (5-year) option periods to extend the lease • The lease is backed by FQSR, LLC a subsidiary of KBP Foods that has over 800 units in this entity

Property Subtype:

Fast Food

Date on Market:

2025-07-07

Milan Retail for Sale - Outlying Rock Island Cnty

• This property is managed by FQSR, LLC, a division of KBP Foods, a major U.S. Operator with 1,100+ locations, handling brands like Taco Bell, Sonic, KFC, and Arby’s • The lease has approximately 8 years left, with 2 (5-year) options to extend

Property Subtype:

Fast Food

Date on Market:

2025-07-07

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 93.72% 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 $390,558 and a purchase price of $4,735,000, this offering delivers an attractive 8.25% capitalization rate.

Date on Market:

2025-07-01

Marine Retail for Sale - Illinois

New Construction, 9,100 SF Freestanding Building Absolute NNN, Annual Rent: $136,000 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

Orland Park Retail for Sale - South Route 45

This Arby's has over 9 years remaining on absolute NNN lease that calls for 10% fixed rent increases every 5 years. Situated as a pad site to a +/-122,900 sq. ft. Meijer grocery store anchored center, other national retailers in this center are Chili's, Panda Express, White Castle and AutoZone. Orland Park is a village located in Cook County, Illinois situated 25 miles southwest of downtown Chicago. With a city population exceeding 60,000, Orland Park reflects signs of affluence and sophistication. The Average Household Income within a 3-mile radius of this Arby's is reported at $117,122.

Property Subtype:

Fast Food

Date on Market:

2025-06-19

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