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

NNN Properties for Sale in Illinois, USA

More details for 835 W Galena Ave, Freeport, IL - Retail for Sale

Walgreens - 835 W Galena Ave

Freeport, IL 61032

  • NNN Property
  • Retail for Sale
  • $2,230,948 CAD
  • 12,032 SF

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.

Contact:

SRS Real Estate Partners

Property Subtype:

Drug Store

Date on Market:

2022-02-15

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More details for 5555 W 79th St, Burbank, IL - Retail for Sale

Walgreens - 5555 W 79th St

Burbank, IL 60459

  • NNN Property
  • Retail for Sale
  • Price Upon Request
  • 14,833 SF
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More details for 3032 English Row Ave, Naperville, IL - Retail for Sale

Spartan Ale House - 3032 English Row Ave

Naperville, IL 60564

  • NNN Property
  • Retail for Sale
  • Price Upon Request
  • 7,902 SF
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More details for 1720 N Milwaukee Ave, Vernon Hills, IL - Retail for Sale

Mariano's - 1720 N Milwaukee Ave

Vernon Hills, IL 60061

  • NNN Property
  • Retail for Sale
  • Price Upon Request
  • 71,248 SF
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More details for 707 E 47th St, Chicago, IL - Retail for Sale

707 E 47th St

Chicago, IL 60653

  • NNN Property
  • Retail for Sale
  • Price Upon Request
  • 21,916 SF
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More details for 1329 W Chicago Ave, Chicago, IL - Multifamily for Sale

1329 W Chicago Ave

Chicago, IL 60622

  • NNN Property
  • Retail for Sale
  • Price Upon Request
  • 2,779 SF
  • 1 Unit Available
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More details for 2000 S Naperville Rd, Wheaton, IL - Retail for Sale

CVS Pharmacy - 2000 S Naperville Rd

Wheaton, IL 60189

  • NNN Property
  • Retail for Sale
  • Price Upon Request
  • 13,273 SF
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More details for Samuel Metal Spinners – Industrial for Sale

Samuel Metal Spinners

  • NNN Property
  • Industrial for Sale
  • $7,227,398 CAD
  • 154,080 SF
  • 3 Industrial Properties

Portfolio of properties for Sale

ERVIEW - Rare three-building, single-tenant absolute net lease (STNL) industrial portfolio — two properties fully occupied by a single international credit tenant across two states - 7 years of lease term remaining across all three buildings, providing an investor with an exceptional long-duration, passive income stream from day one - 20+ year operating history at these specific locations - Geographically diversified across Angola, Indiana (two buildings) and Rock Falls, Illinois — two proven Midwest industrial submarkets with strong manufacturing fundamentals - Offered as a portfolio — a turn-key, fully occupied multi-building industrial acquisition with no lease-up risk and no near-term rollover exposure Investment Highlights & Value Proposition - Institutional-quality, passive income stream — 7 years of lease term remaining across three buildings eliminates management complexity, leasing risk, and near-term rollover exposure - Backed by an international parent (Samuel, Son & Co.) with a 170-year operating history and a continent-wide manufacturing and distribution platform - Midwest industrial corridor positioning offers access to major freight networks, population centers, and a deep skilled labor pool at below-coastal operating costs - Strong industrial real estate fundamentals in both markets — limited new supply and sustained manufacturing demand support long-term occupancy and rent growth - Ideal for 1031 exchange buyers, net lease investors, or institutional capital seeking durable, credit-backed cash flow in the industrial sector Samuel Metal Spinners A division of Samuel, Son & Co., Limited — Mississauga, Ontario, Canada | Founded 1855 - Samuel, Son & Co. is a Canadian multinational and one of North America's largest integrated metal processors, manufacturers, and distributors — a family-owned enterprise with 5,200+ employees across 100+ facilities throughout North America - Samuel Metal Spinners is a leading precision metal-forming company specializing in metal spinning, hydroforming, and deep drawing for the air handling, energy, agriculture, aerospace, and automotive industries - Samuel acquired Metal Spinners Holdings in 2018 to accelerate its aerospace growth strategy — affirming the long-term strategic value of these Indiana and Illinois production facilities - Serves major aerospace and industrial OEMs globally; recognized as a market leader with a blue-chip, multinational customer base - Tenant's 20+ year presence at these locations, combined with 7 years of lease term remaining, reflects a level of operational commitment that is exceptionally rare in the net lease industrial market - Continued investment in CNC automatic lathes and advanced laser technology at these facilities signals sustained, long-term operational commitment Angola, IN — Market & Location Highlights 800 Growth Pkwy & 914 Wohlert St | Fort Wayne–Huntington–Auburn CSA - Angola is situated approximately 45 minutes north of Fort Wayne, IN — Indiana's second-largest city and anchor of a Combined Statistical Area with over 645,000 residents - Angola is a designated Micropolitan Statistical Area within the Fort Wayne CSA, offering lower-cost industrial real estate with direct access to major-market labor and logistics infrastructure - Direct access to I-69, a primary north-south freight corridor connecting Indianapolis to the Michigan state line — critical for Samuel's multi-regional distribution and supply chain network - Steuben County's manufacturing-driven economy mirrors the tenant's operational profile; major area employers include Autoform Tool & Mfg and Vestil Manufacturing - Trine University and Purdue Fort Wayne support a skilled technical and engineering workforce pipeline serving the broader northeast Indiana industrial base - Available IEDC incentives including tax credits, grants, and customized training programs further reduce tenant operating costs and reinforce long-term occupancy Rock Falls, IL — Market & Location Highlights 802 E. 11th St | I-88 / Ronald Reagan Memorial Tollway Corridor - Centrally positioned between the Quad Cities MSA (~55 miles southwest, 467,000+ population) and the Rockford MSA (~70 miles northeast, 349,000+ population) — two of northern Illinois' largest industrial hubs - Direct access to I-88 (Chicago–Kansas City Expressway) via two interchanges — connecting to Chicago's western suburbs in ~1 hour and downtown Chicago in ~2 hours - Situated at the intersection of US Route 30 and IL Route 40, key arterial corridors supporting regional manufacturing and freight movement - Whiteside County Enterprise Zone provides significant industrial incentives including tax credits, exemptions, and development grants supporting tenant operations and investor value - Whiteside County Airport (6,500 ft. runway) located less than ½ mile from I-88 — providing air freight access and executive travel convenience - Rock Falls' municipal electric utility holds a Platinum RP3 rating — the highest-ranked municipal electric system in Illinois — a meaningful cost and reliability advantage for energy-intensive industrial manufacturing

Contact:

Marcus & Millichap

Date on Market:

2026-04-14

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More details for 2598 IL-9, Rankin, IL - Retail for Sale

Dollar General NNN Portfolio-Corp. Guarantee - 2598 IL-9

Rankin, IL 60960

  • NNN Property
  • Retail for Sale
  • $26,527,362 CAD
  • 10,640 SF

Rankin Retail for Sale

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of 14 newer construction, corporate-guaranteed Dollar General stores across seven states: New York, Pennsylvania, Illinois, Iowa, Missouri, Minnesota, and Kentucky. These properties feature absolute NNN leases with zero landlord responsibilities, providing passive income streams backed by Dollar General's investment-grade credit rating. The stores are strategically located in growing communities within established metropolitan statistical areas and rural markets. The portfolio emphasizes locations in small towns and rural areas with strong economic drivers such as manufacturing, healthcare, education, and retail trade. For instance, the Hemlock, NY property is situated near Hemlock Lake, benefiting from proximity to Rochester and educational institutions like SUNY Geneseo, with a 5-mile population of 30,000+ and AHHI of $92,000+. The Lansing, NY store, near Ithaca and Cornell University, serves a vibrant economy with a 13.9% population growth since 2000, a 5-mile population of 40,000+, and AHHI exceeding $109,000. In Pennsylvania, the properties in Josephine, Hopewell, and Kittanning cater to rural demographics with economies driven by retail trade (up to 20%), education, and manufacturing. Kittanning, for example, has a 5 MI population of 17,000+ and AHHI of $66,000+, with low unemployment at 3.6%. Iowa's Northwood and Belle Plaine stores are in communities with manufacturing leading employment, low unemployment (about 2.5%), and growth potential near colleges like Riverland Community College. In Missouri, Webb City and Harrisonville show strong population growth (36.5% and 11.6% since 2000). The Litchfield, MN property benefits from a manufacturing-heavy economy and proximity to St. Cloud State University. Kentucky's Topmost, Breeding, and Manchester stores serve rural markets near educational hubs like Hazard Community and Technical College. These properties offer attractive cap rates with corporate NNN leases featuring 10% rent increases every option term, ensuring built-in growth. With WALT of just under 11 years remaining on leases (expiring 2036–2038), the portfolio underscores Dollar General's commitment to serving underserved rural markets. Dollar General Corporation (NYSE: DG), headquartered in Goodlettsville, Tennessee, is a leading discount retailer with over 20,388 stores across 48 states. Backed by an investment-grade credit rating (BBB from S&P, Baa2 from Moody's), the company reported $40.61 billion in revenue for fiscal 2025 and employs 194,000+ people. Recent results show 4.6% net sales growth and 43.8% EPS increase in Q3 2025, making it a reliable tenant for investors. Founded in 1939, Dollar General focuses on everyday essentials at competitive prices, thriving in economic cycles and expanding in high-demand areas like these. BROKER OF RECORD: NY: John Horowitz | 260 Madison Ave., 5th Floor, New York, NY 10016 | P: 212-430-5261 | Lic.# 10311204479 PA: Timothy Stephenson, Jr. | 2005 Market St., Suite 1510, Philadelphia, PA 19103 | Lic. #: RMR006104, Firm Lic. #: RB062197C | P: (215) 531-7000 IL: Steven Weinstock-Designated Managing Broker | Steven.Weinstock@marcusmillichap.com | (630) 570-2200 | Lic#:471.011175 IA: Jon Ruzicka | 1601 Utica Avenue South, Suite 301, Minneapolis, MN 55416 | P: (952) 852-9700 | Lic #: B63379000 MO: David Saverin|7800 Forsyth Blvd., Ste. 710|St. Louis, MO 63105|P: (314) 889-2500| Lic #: 2008013520 MN Jon Ruzicka | 1601 Utica Avenue South, Suite 30, Minneapolis, MN 55416 | P: (952) 852-9700 | Lic #: 40583288 KY: Grant Fitzgerald | 9300 Shelbyville Rd., Ste. 350 Louisville, KY 40222 | P: (502) 329-5900 | Lic.# 286261

Contact:

The Sandelin Group

Property Subtype:

Storefront

Date on Market:

2026-04-07

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More details for South Barrington Office Center – Office for Sale, South Barrington, IL

South Barrington Office Center

  • NNN Property
  • Office for Sale
  • $13,500,234 CAD
  • 108,447 SF
  • 10 Office Properties

South Barrington Portfolio of properties for Sale - Central Northwest

The “South Barrington Office Center” (property) presents investors with the opportunity to acquire a well-stabilized, cash-flowing, single-story suburban office portfolio in one of Chicago’s most affluent northwest communities. The property is comprised of ten single-story buildings totaling 108,340 square feet across 63 individual suites, situated on 10.87 acres of land fronting Higgins Road, with direct line-of-sight visibility to Interstate 90, which sees over 100,000 cars per day. The investment opportunity is currently ninety-four (94%) percent leased to a diverse mix of medical, professional, and service-oriented tenants, offering a durable income stream with tenants committed until 2027 at the earliest. Listed at $9,900,000 ($91 PSF), the investment provides an attractive 9.40% going-in cap rate and a 10.16% leveraged cash-on-cash return based on a yearly (12-month forward) NOI of $930,280. Conservative financing assumptions with a 65 percent loan-to-value ratio and a 1.71x DSCR further strengthen the property’s stable cash flow profile. The current rent roll demonstrates consistent tenant demand and retention, supported by recent leasing success and well-balanced lease expirations. The property has seen exceptional leasing activity in 2024 and 2025, with 24 new leases signed since March 2024 and 8 renewals since June 2024, reflecting robust demand for well-located, affordable suburban office space. Average rents on new leases are $18.50 per square foot, indicating substantial room for rent growth. Base-year stops in leases protect new ownership from expense increases moving forward. Positioned just west of The Arboretum of South Barrington, a premier open-air lifestyle center with upscale retail, dining, and entertainment, the property benefits from strong regional traffic, affluent demographics, and convenient access to Route 59, Barrington Road, and Interstate 90. Located in a fantastic, affluent area, South Barrington Office Center offers investors an opportunity to acquire a proven, income-producing suburban office asset with both strong in-place returns and long-term upside potential through rental increases and the addition of medical office tenants.

Contact:

Marcus & Millichap

Date on Market:

2026-03-06

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More details for 13429 S Route 59, Plainfield, IL - Retail for Sale

Zaxbys - 13429 S Route 59

Plainfield, IL 60585

  • NNN Property
  • Retail for Sale
  • $3,398,661 CAD
  • 2,450 SF

Plainfield Retail for Sale - Joliet/Central Will

Northmarq is pleased to offer this single-tenant Zaxby’s property located at 13429 Illinois Rte 59 in Plainfield, Illinois (The Property). The asset features a brand-new 10-year Triple Net (NNN) lease, providing investors with stable long-term income backed by one of the fastest-growing fast-casual brands in the nation. With minimal landlord responsibilities and a strong tenant covenant, the property provides a premier passive investment opportunity in one of the Chicago MSA’s most dominant retail corridors. The Property is operated by an experienced franchisee with a portfolio exceeding 40+ QSR locations, demonstrating significant operational expertise and financial strength. The Zaxby’s brand itself is currently experiencing a period of rapid modernization and national expansion, following a major stake acquisition by Goldman Sachs Asset Management in late 2020. This institutional backing has injected significant capital into the brand’s digital platforms and infrastructure, with the chain expected to surpass 1,000 locations nationwide in 2026. Single-tenant QSR opportunities with such robust unit economics are exceptionally scarce. Zaxby’s locations boast high average unit volumes (AUVs), with annual systemwide averages at $2.78 million in 2025. Positioned along Illinois Route 59, the site benefits from excellent visibility and massive traffic counts of nearly 60,000 vehicles per day. The Property is strategically nestled within a powerhouse retail hub anchored by Menards and Meijer, benefiting from the commercial synergy of neighboring national tenants such as Planet Fitness, Dunkin’, The UPS Store, and AutoZone. The surrounding trade area features elite demographics, with an average household income exceeding $176,039 within a onemile radius. This affluent consumer base, combined with a dense population of over 146,000 residents within a five-mile radius, supports strong purchasing power and sustained restaurant demand. To ensure long-term competitiveness, the building has recently undergone extensive renovations to meet the latest Zaxby’s brand standards, including updated kitchen facilities and contemporary signage featuring the company's newest branding designs. Supported by the area's high traffic flow, institutional-grade brand backing, and Plainfield’s position as a premier suburban growth market, this Zaxby’s investment combines lease security, high-performing unit economics, and irreplaceable Illinois real estate, creating a rare and compelling opportunity.

Contact:

Northmarq

Property Subtype:

Fast Food

Date on Market:

2026-02-25

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More details for 250 S Locust St, Ullin, IL - Retail for Sale

Dollar General Ullin, IL NNN - 250 S Locust St

Ullin, IL 62992

  • NNN Property
  • Retail for Sale
  • $1,472,753 CAD
  • 9,026 SF
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More details for 704 Ohio St, Brookport, IL - Retail for Sale

Dollar General Market - 704 Ohio St

Brookport, IL 62910

  • NNN Property
  • Retail for Sale
  • $1,983,814 CAD
  • 14,285 SF
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More details for 1234 N Water St, Decatur, IL - Office for Sale

1234 N Water St

Decatur, IL 62521

  • NNN Property
  • Office for Sale
  • $204,549 CAD
  • 5,000 SF
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More details for 1437-1457 Merchant Dr, Algonquin, IL - Office for Sale

Bldg B - 1437-1457 Merchant Dr

Algonquin, IL 60102

  • NNN Property
  • Office for Sale
  • $237,140 - $352,506 CAD
  • 1,339 - 1,860 SF
  • 3 Units Available
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More details for Investment Grade Portfolio Offering – Retail for Sale

Investment Grade Portfolio Offering

  • NNN Property
  • Specialty for Sale
  • $538,646 CAD
  • 3,200 SF
  • 3 Specialty Properties
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More details for 750 N Commons Dr, Aurora, IL - Flex for Sale

750 N Commons Dr

Aurora, IL 60504

  • NNN Property
  • Flex for Sale
  • Price Upon Request
  • 205,074 SF

Aurora Flex for Sale - Western East/West Corr

Illinois Broker of Record: Steven Weinstock Marcus & Millichap Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175 This Class A Flex property totaling 205,074 RSF is situated on 16.37 Acres in a highly desirable logistical area. This asset is 100% occupied and features three global tenants (Westell; Thales Defense and Security (S&P rated A-); Sonova US) with a strong WALT of 9.25 years. Under current ownership extensive updates and renovations have been completed to include a modernized café, fitness facility, and outdoor common area gathering space. In addition, the large parcel allows availability to expand in a desirable business park. The low vacancy rate in the area has driven many new developments on the neighboring parcels. The excellent mix of warehouse and Class A office in this asset, along with ownership executing well in securing credible tenants, has created a strong investment for any potential buyer. Westell (WSTL) occupies 81,960 RSF of warehouse & office space and has effectively become a leading provider of high-performance network infrastructure solutions with millions of products deployed worldwide. A recently exercised 5-year lease extension displays their commitment to this property. Westell has occupied the building since its construction in 1997. Thales Defense and Security ( TDSI / S&P A- rated) occupies 23,052 RSF of Class A office space serviced by cutting edge technology to ensure efficiency for their global business. Thales is a U.S. based company serving domestic and international defense for over 60 years. With over 1,000 employees across three subsidiary companies, Thales supports numerous U.S. military and multi-national partners with key technologies including communication, visualization, electronic warfare, and sensor/sonar capabilities. Thales has a Market CAP of $50.50B USD and annual revenue of $20.58B USD (2024). Thales initiated a 10-year lease in 2023 and secured two additional five year options to extend. Sonova USA (SONVY) occupies 66,611 RSF of Class A office space on a long-term net lease. Sonova was founded in 1947 and is a leading provider of innovative hearing care solutions around the world. Sonova primarily operates in the Hearing Instrument and Cochlear Implant business segments. Sonova USA has a Market CAP of $18.30B USD and revenue of $3.71B USD. Sonova originally executed a 16 year lease, displaying a long term commitment to this property. They currently have 11 Years remaining on their initial lease term.

Contact:

Marcus & Millichap

Date on Market:

2025-12-02

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