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

Joliet Industrial for Sale - Joliet/Central Will

Prime Truck Repair Facility – Joliet, IL Industrial Investment Opportunity Offering Details: Asking Price: $2,840,000 Net Operating Income (NOI): $199,000 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

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

Thomson Retail for Sale

Property Subtype:

Storefront

Date on Market:

2025-04-28

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

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

Forsyth Retail for Sale

Medical Office Space Available for SALE : This 7200 square foot building is situated on a 1.28 acre parcel directly off of US Route 51 in Forsyth Illinois. The property is a dual tenant facility with a local Pharmacy as a current tenant, on a high visibility intersection with a traffic count of over 20,000 vehicles per day. The lot has a drive through for the pharmacy, and a parking lot with 75 spaces. The property is currently fully leased with leases that mature in 2027 with options to extend. Great investment opportunity in a high traffic location and credited tenants.

Date on Market:

2025-03-04

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

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

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

Naperville Retail for Sale - Western East/West Corr

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. NAPERVILLE, ILLINOIS Nestled within the Chicago Metropolitan Statistical Area (MSA), Naperville combines the charm of a close-knit community with the dynamic energy of a major metro region. As one of the largest suburbs of Chicago, Naperville benefits from easy access to world-class business opportunities, a highly skilled workforce, and the cultural richness of a globally renowned city. With top-rated schools, a vibrant downtown, and proximity to Chicago’s economic hub, Naperville offers an ideal balance of suburban comfort and urban convenience. 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:

Storefront

Date on Market:

2024-11-18

Carpentersville Retail for Sale - Far Northwest

Marcus & Millichap is pleased to present the opportunity to acquire a Walgreens pharmacy located at 399 Lake Marian Road in Carpentersville, Illinois, within the greater Chicago MSA. Walgreens has occupied the ±13,776-square-foot building for over 25 years and operates under a double-net (NN) lease with approximately 5.5 years remaining. The lease includes eight (8) five-year renewal options, with landlord responsibilities limited to roof and structure. A new roof was installed in 2023 and is under warranty through 2043. Located at a signalized hard corner with over 33,500 vehicles per day, the property sits as an outparcel to a Walmart Supercenter and benefits from strong national co-tenancy including Starbucks, Wingstop, Subway, and AutoZone. Annual reported store sales are approximately $2.1 million, with current rent well below market at $18.18/SF—supporting a healthy occupancy cost ratio of approximately 12%. This asset offers a compelling loan assumption opportunity with a ~$1,842,750 loan at 6.50% fixed interest, maturing in March 2031. Monthly debt service is $12,442.38, generating approximately $101,197 in annual cash flow after debt service. In March 2025, Walgreens Boots Alliance agreed to be acquired by Sycamore Partners for $10 billion. Although credit agencies downgraded Walgreens to speculative-grade (BB- by S&P and Ba3 by Moody’s), the transition to private ownership is expected to allow more operational flexibility and targeted investment, which may support long-term performance. This offering presents a rare chance to secure a passive, cash-flowing NN asset in a dense, affluent Chicago suburb with proven tenant performance and favorable debt in place. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200Oakbrook Terrace, IL 60181 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

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. Also available for lease.

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-09-10

Evanston Office for Sale - Near North

8% cap in the heart of Downtown Evanston, IL. 2300sf of street level NNN investment in Downtown Evanston, IL. Current tenant has been in place since 2010 and just renewed their lease for 3 additional years. Current expiration is 3/31/2030. This investment property is perfect for 1031 exchange or direct investment. At World Properties is a wholly owned subsidiary of Compass, the largest residential brokerage company in the country.

Property Subtype:

Medical

Date on Market:

2024-09-04

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.

Property Subtype:

Freestanding

Date on Market:

2024-05-22

Germantown Retail for Sale - Clinton County

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, corporate guaranteed, Dollar General investment property located in Germantown, IL. The tenant, Dolgencorp, LLC, recently extended their lease through November 2029, demonstrating their long-term commitment to the site. The lease features scheduled rental increases at the beginning of each 3 (5-year) option periods, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity 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 chain with over 19,000 stores in operation.

Property Subtype:

Freestanding

Date on Market:

2023-07-17

Bloomington Retail for Sale

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, freestanding, Monro Auto Service investment property located in Bloomington, Illinois. The tenant, Monro Muffler Brake, Inc. has approximately 4 years remaining in their current term with 3 (5-year) options to extend. The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Monro Auto is one of the nations leading automotive service providers with over 1,300 stores and 9,000 services bays nationwide. With a rapidly growing market share and a focus on sustainable growth, Monro generated approximately $1.4 billion in sales in fiscal 2022 and continues to expand its national presence through strategic acquisitions and the opening of newly constructed stores.

Property Subtype:

Auto Repair

Date on Market:

2023-02-09

Lake Forest Retail for Sale - Central North

Property Subtype:

Bank

Date on Market:

2022-02-24

Freeport Retail for Sale

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, corporate guaranteed, investment grade (S&P: BBB), Walgreens investment property located in Freeport, IL (Rockford MSA). The tenant, Bond Drug Company of Illinois, LLC, has over 3 years remaining on their initial term with 5 (5-year) option periods left to extend. In addition, the tenant has operated at this location for more than 20 years and extended their lease by an additional 10 years, demonstrating long-term commitment to the site. The lease is guaranteed by the corporate entity (S&P: BBB), and is NN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Deerfield, IL, Walgreens operates more than 9,200 stores across all 50 states and was recently included in FORTUNE’s 2020 list of the World’s Most Admired Companies for the 27th consecutive year. Walgreens is currently ranked number 16 on the Fortune 500. Walgreens is strategically located at the signalized, hard corner intersection of W. Galena Avenue and State Highway 26, averaging a combined 32,300 vehicles passing by daily. The asset is a quick 34-minute drive into Downtown Rockford, making this an ideal, centralized location with easy commutes for both employees and customers. The property is ideally situated within a dense retail corridor, and is within walking distance to Lincoln Mall, a 185,000 SF Community Center anchored by Bargain Maxx and Dollar General. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Additionally, Walgreens is one-mile north FHN Memorial Hospital (100 beds), an award-winning regional healthcare facility dedicated to providing world-class care. Furthermore, the asset is within close proximity to several single-family communities and multi-family complexes including Brewster Apartments (59 unit), Lincoln Towers (100 units), Hosmer High Rise (120 units), and more, providing a direct residential consumer base from which the site can draw. The 5-mile trade area is supported by over 28,300 residents and 17,500 daytime employees, with an average annual household income of $57,607.

Property Subtype:

Drug Store

Date on Market:

2022-02-15

East Peoria Retail for Sale

Marcus & Millichap is pleased to present a brand-new construction 7 Brew located along West Washington Street in East Peoria, Illinois, positioned directly off Interstate 74 within one of the region’s most active retail and commuter corridors. The property is secured by a long-term NNN ground lease with approximately 10 years remaining, offering investors zero landlord responsibilities and fully passive income backed by Brew Horizons LLC, an experienced multi-unit 7 Brew franchisee operating 37+ locations with plans for 30 additional units. The site features excellent visibility, dedicated access, and a high-efficiency drive-thru layout designed to capture strong morning and afternoon traffic. Located within a dense retail and employment hub—surrounded by Costco, Walmart Supercenter, Lowe’s, Caterpillar facilities, hotels, and national QSR brands—the property benefits from consistent daily demand and a robust customer base drawn from the broader Peoria MSA. With scheduled 10% rent increases every five years, multiple renewal options, and a rapidly expanding national brand, this offering provides a compelling long-term net-lease investment in a high-growth specialty beverage category.

Property Subtype:

Fast Food

Date on Market:

2026-06-08

Chicago Retail for Sale - Northwest City

This offering presents a rare investment opportunity in the heart of Wicker Park, one of Chicago’s most dynamic and desirable submarkets. The property consists of 2,950 square feet of fully-leased retail space situated on thriving Milwaukee Avenue, an area known for exceptional foot traffic, boutique shopping, and vibrant dining. The asset is 100% net-leased through July 2031 to Port Union, a concept by James Beard semifinalist Chef Rodolfo Cuadros, ensuring long-term income stability and an established tenant with strong local and regional recognition. Originally built in 1914, this property has been meticulously modernized through full renovations in 2021 and 2026, combining historic character with contemporary functionality. Located among a diverse mix of national retailers, restaurants, and creative boutiques, the surrounding Wicker Park/Bucktown corridor is a premier commercial destination with some of Chicago’s best demographics, including an average household income exceeding $167,000 within one mile. Excellent transit accessibility and dense surrounding neighborhoods contribute to dependable traffic and consumer engagement, making this property an attractive long-term hold for investors seeking stability, upside, and positioning within one of Chicago’s most iconic retail districts.

Property Subtype:

Restaurant

Date on Market:

2026-06-05

Naperville Retail for Sale - Joliet/Central Will

This offering presents a rare opportunity to acquire a fully built-out, second-generation restaurant and bar in Naperville, Illinois, one of the most desirable and high-demand food and beverage markets in the state. The property includes a spacious interior layout complemented by an expansive outdoor patio, creating multiple revenue streams and an inviting guest experience. With a retail food and liquor license in place, the asset is well-positioned for immediate operation by an owner-user or investor seeking a turnkey solution. Naperville is the third most populous city in Illinois and boasts a strong economic base, high household incomes, and a business-friendly environment. The city maintains an AAA bond rating and low property tax rate, further enhancing its appeal for long-term investment. Located off IL-59, the property benefits from excellent accessibility and proximity to a dense residential population and thriving retail corridor. This is an exceptional opportunity for buyers looking to capitalize on a well-established location in a market with proven demand for dining and entertainment venues.

Property Subtype:

Restaurant

Date on Market:

2026-02-09

Vernon Hills Retail for Sale - Central North

HMX Realty Advisors is pleased to present Mariano’s Fresh Market, a 71,248 square foot single-tenant net leased grocery asset located at 1720 North Milwaukee Avenue in Vernon Hills, Illinois. The property is 100% leased to Mariano’s under a long-term NNN lease with 11 years of remaining term. Also included is a 1.89-acre ground lease for an adjacent overflow parking lot, delivering total net operating income of $2,439,338. The store was built in 2011 as a build-to-suit prototype for Mariano’s, which has since become one of Chicago’s dominant upscale grocers. The site benefits from exceptional demographics and anchors a premier retail center along the Milwaukee Avenue corridor in Chicago’s northern suburbs. Owned by The Kroger Company (NYSE: KR), Mariano’s is backed by an investment-grade guarantor with national scale. The lease features rare 10% rental increases every 5 years during the base term and 12.5% increases during options, offering built-in rent growth for investors. This offering provides a unique opportunity to acquire a flagship grocery location in a top-tier market with stable cash flow and minimal landlord obligations.

Property Subtype:

Supermarket

Date on Market:

2026-02-02