Commercial Real Estate in Illinois available for sale
Owner Financed Properties For Sale

Owner Financed Properties for Sale in Illinois, USA

More details for 661 N 19th St, Hamilton, IL - Multifamily for Sale

Hamilton Estates - 661 N 19th St

Hamilton, IL 62341

  • Owner Financed Property
  • Multifamily for Sale
  • $1,223,100 CAD
  • 1,000 SF

Hamilton Multifamily for Sale

Hamilton Estates is a 38-pad manufactured housing community located in Hamilton, Illinois. Developed in 1967, the property sits on approximately 14.77 acres and benefits from zoning that permits mobile home park use. The community is not located within a designated flood zone. Current ownership has operated the property for the past four years and has implemented several operational and capital improvements to enhance the stability and long-term performance of the asset. The community consists of 38 medium-sized pads, with 31 currently occupied. The park includes a balanced mix of 15 park-owned homes (POH) and 15 tenant-owned homes (TOH), along with six vacant homes and available pad capacity for additional infill. All vacant pads are suitable for new home placement. Average TOH lot rent is currently $325 per month following a $30 increase implemented in February 2026. The POH units generate an average of approximately $400 per month above the underlying lot rent, with the most recent POH increase being $25 per month. Ownership holds titles to all park-owned homes with the exception of one unit. No homes are currently scheduled for removal due to condition concerns, and no units are being held for delinquent property taxes. Approximately two residents are currently behind on rent. All tenants operate under monthly lease agreements and make payments through the Rent Manager portal. Hamilton Estates is served by municipal water and sewer, with water usage submetered and backbilled to residents. Each pad is individually metered for electric and natural gas, which are billed directly by the utility providers. Electrical service is delivered through 100-amp pedestals at each site. Garbage service is provided and backbilled to tenants (dumpster) . The composition of underground utility lines is unknown. The internal road network is asphalt and reported to be in average condition, with ongoing maintenance provided by ownership. The property is currently managed remotely by a district manager and does not have a full-time on-site manager. Ownership has identified a current resident who may be a strong candidate for an on-site management role if desired by future ownership. A maintenance technician is in place to handle day-to-day repairs and upkeep. Residents are responsible for mowing their individual lots, while ownership maintains vacant pads and common areas. Snow removal is provided for the main park roads, with residents responsible for their individual driveways. The community offers offstreet parking for residents. During the current ownership period, several improvements have been completed, including the installation of a playground, road repairs, removal of distressed homes, new community signage, and the implementation of water submetering. These upgrades have improved the overall condition and operational efficiency of the property. Future upside exists through continued infill of vacant homes and available pad sites. Ownership has indicated that their primary focus moving forward would be filling additional homes and lots to increase occupancy and stabilize income further. There are no assumable loans associated with the property, and the sellers are not offering seller financing. Location: Hamilton is a city in Hancock County, Illinois. The population was 2,753 at the 2020 census, a decline from 2,951 in 2010. The city is located directly across the Mississippi River from Keokuk, Iowa. Hamilton is the largest city in Hancock County. The median home cost in Hamilton is $96,700. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Hamilton is up 14.9%. Renters make up 25.1% of the Hamilton population. The average 1-bedroom unit rents for $660/month. The average 2-bedroom unit rents for $790/month. The average 3-bedroom unit rents for $1,050/month. The average 4-bedroom unit rents for $1,210/month. Hamilton has an unemployment rate of 5.3%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%. The Median household income of a Hamilton resident is $49,297 a year. The US average is $69,021 a year. Hamilton violent crime is 38.4. (The US average is 22.7) Hamilton property crime is 26.0. (The US average is 35.4) Hancock County is a county in the U.S. state of Illinois. According to the 2020 census, it has a population of 17,620. Its county seat is Carthage, and its largest city is Hamilton. The county is composed of rural towns with many farmers. Hancock County is part of the Fort Madison-Keokuk, IA-IL-MO Micropolitan Statistical Area. •Professional Swine Management — 500 employees •Memorial Hospital — 241 employees •West Central FS — 124 employees •Hamilton CCSD 328 — 101 employees •Southeastern CUSD 337 — 80 employees The Fort Madison–Keokuk, IA-IL-MO Micropolitan Statistical Area, as defined by the United States Census Bureau, locally known as the "Tri-State" area, was an area consisting of three counties – one in southeast Iowa, one in northeast Missouri, and one in west central Illinois, anchored by the cities of Fort Madison, Iowa and Keokuk, Iowa. As of the 2010 census, it had a population of 62,105. An estimate by the Census Bureau, as of July 1, 2012, placed the population at 61,477, a decrease of 1.01%. When the 2023 definitions were released this area was dissolved with Lee County, Iowa being included as part of the Burlington–Fort Madison, IA–IL Combined Statistical Area.

Contact:

Mr. Landman

Property Subtype:

Multi Family

Date on Market:

2026-03-03

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More details for 2622 N Cicero Ave, Chicago, IL - Retail for Sale

CAR DEALER LOT, OWNER FINANCING AVAILABLE - 2622 N Cicero Ave

Chicago, IL 60639

  • Owner Financed Property
  • Retail for Sale
  • $814,041 CAD
  • 1,100 SF
  • Air Conditioning
  • Security System
  • Car Charging Station
  • 24 Hour Access

Chicago Retail for Sale - Northwest City

Prime corner auto-sales property with stoplight exposure, LEGAL non-conforming auto-sales entitlement, and over 90 years of uninterrupted dealership operation. This is a rare opportunity to acquire a proven, legacy auto dealership location right in the heart of Chicago’s long-established automotive corridor along North Cicero Avenue — a stretch that begins around Addison Street and runs south with decades of continuous used-car retail activity. Cicero Avenue (Illinois Route 50) is one of Chicago’s busiest commercial arterials and a designated state highway, offering exceptional traffic flow and uninterrupted visibility. The property consists of approximately 6,250 SF of land with efficient layout, dual curb cuts from Drummond, alley access, and strong corner presence. A CTA bus stop sits immediately at the intersection, increasing visibility and daily exposure. The lot is well-lit for nighttime display and includes a monument sign on the corner, maximizing branding and drive-by recognition. The freestanding building supports dealership operations with four private offices, two restrooms, a kitchen/break area, and a single-car garage that functions well for storage, detailing prep, or administrative overflow. The interior layout is ideal for retail automotive operations, finance desks, customer waiting, and on-site management. The combination of indoor workspace and exterior lot efficiency makes this a turn-key opportunity for an operator who needs both visibility and functional office space. Despite its B1-1 zoning, the property benefits from a grandfathered LEGAL non-conforming auto-sales right, allowing a new owner to continue operating a dealership without zoning changes, variances, or special approvals. This entitlement is exceptionally valuable in Chicago, where new auto sales uses are difficult to entitle under current zoning and city rules. Located at the signalized intersection of Cicero & Drummond, the property enjoys strong north-south vehicle counts and excellent sightlines. The area is surrounded by dense residential neighborhoods, national retailers, independent businesses, service commercial operators, and numerous long-standing auto retailers — providing a consistent customer base and strong daytime population. The property is strategically positioned for independent used car dealers, buy-here-pay-here operators, cash car retailers, or regional and national automotive tenants seeking an in-city expansion site. HIGHLIGHTS • Located on Illinois Route 50 (Cicero Avenue) • In the core of Chicago’s historic auto-sales corridor (Addison southward) • 90+ years of continuous auto-sales operation • LEGAL non-conforming auto-sales entitlement • Corner lot with stoplight + CTA bus stop • Approx. 6,250 SF lot with dual curb cuts + alley • Four offices, two restrooms, a kitchen, and a one-car garage • Ample lot lighting for nighttime display • Monument signage on the corner • Strong visibility + long frontage • Surrounded by dense rooftops and a heavy daytime population • Ideal for auto sales only (no mechanical repair) • OWNER FINANCING AVAILABLE This is a rare opportunity to secure a legacy dealership pad in a corridor that has supported automotive retail for generations. Perfect for independent dealers, BHPH operators, cash-car retailers, and auto groups seeking a Chicago presence.

Contact:

Strauss Realty

Property Subtype:

Auto Dealership

Date on Market:

2024-06-15

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More details for 5821 S Ada St, Chicago, IL - Industrial for Sale

5821 S Ada St

Chicago, IL 60636

  • Owner Financed Property
  • Industrial for Sale
  • $169,875 CAD
  • 7,000 SF
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More details for Oympian Way and RT. 30, Olympia Fields, IL - Land for Sale

Storage Development Site - Oympian Way and RT. 30

Olympia Fields, IL 60461

  • Owner Financed Property
  • Land for Sale
  • $1,356,282 CAD
  • 7.13 AC Lot
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More details for 4835 Louise St, Skokie, IL - Industrial for Sale

4835 Louise Strret - 4835 Louise St

Skokie, IL 60077

  • Owner Financed Property
  • Industrial for Sale
  • $672,705 CAD
  • 3,975 SF
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More details for 27 W State St, Geneva, IL - Retail for Sale

Vintage Commercial Property - 27 W State St

Geneva, IL 60134

  • Owner Financed Property
  • Retail for Sale
  • $1,155,150 CAD
  • 4,050 SF
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More details for 717 Bellwood Ave, Bellwood, IL - Retail for Sale

Club 717 - C717-B-IL-TO - 717 Bellwood Ave

Bellwood, IL 60104

  • Owner Financed Property
  • Retail for Sale
  • $883,350 CAD
  • 4,317 SF
  • Air Conditioning

Bellwood Retail for Sale - Melrose Park Area

Beloved Freestanding Bar w/Kitchen Bellwood, IL - Property Included! Listing Summary: A rare opportunity to purchase a turnkey bar with kitchen and its valuable real estate. An historic freestanding building with a striking updated exterior. And a warm and inviting interior with high ceilings, exposed ductwork, vintage brick, wooden floors, cool lighting and an incredible old-school bar. Plus, ample seating at the bar and high-top tables. In addition to large screen tvs to watch all the games. Also, a nicely fenced-in patio with an additional building and a second bar out back - great for overflow, private parties and events. Asset sale with property - all furniture, fixtures and equipment (FF&E) included. And priced below market value! Its flexible layout works for a sports bar, bar & grill, lounge or a restaurant with late-night component. Also, a great place for live entertainment and private events. Bring your concept here. If you have always wanted to own your own bar w/kitchen, this is the perfect opportunity for you. And with living quarters upstairs, a phenomenal “work-live” venture or can be rented out for additional income. A chance to own the venue - not just the business! Ideal for an owner/operator or an investor seeking a flexible venue with tenant and rental income, plus build equity! Location: Prime retail space in a freestanding building with great signage, high visibility, easy access and ample parking. Perfectly situated in the heart of several close-knit neighborhoods - surrounded by a dense residential area of homes. Also, near retail and services. Plus, close to several large industrial parks and a huge candy manufacturer! Strategically positioned just off a major thoroughfare and in close proximity to other main arterials with quick access to I-290 and I-294. And close to Metra commuter rail stations. Centrally located in Bellwood, a near-west suburb about 13 miles west of downtown Chicago. Bordered by the villages of Maywood to the north, Hillside to the south, Broadview to the west and Melrose Park to the east. Property Information: 4,371 sqft two-story masonry freestanding mixed-use building with a 2-bedroom/1-bathroom apartment upstairs. And its own parking lot with room for 17 vehicles, plus street parking. On 8,937 or .2 acres. Zoned B-1. 3 pin #’s 15-09-319-001-0000: 15-09-319-002-0000: 15-09-319-003-0000. Real estate taxes $10,582. Square Feet: 4,371. Seating: 100+ Inside & Out. Value of FF&E: Included In Asking Price (Valued at $200,000). Seller Financing Available: No. Reasons for Selling: Retiring. Competition/Market: Nicely built-out bar with kitchen and room for entertainment. Flexible layout for multiple concepts. Cool historic building. Updated exterior. Prime neighborhood and commercial location. Minutes to/from major corridors and I-290, I-294. And close to Metra UP-West stations and bus routes. Growth & Expansion: Longstanding local favorite bar. Area gem. A beloved neighborhood hangout. Staple in the community. Has always been THE place to go. Benefits from a strong residential and industrial base. Surrounded by a dense population and workforce within a 3-mile radius. Steady after-work and weekend traffic! Feel free to stop by the location first. Showings by appointment only. Listed by Tom Traina & Theo Theodosiadis at EatZ & Associates / EatZ Real Estate Group LLC

Contact:

EatZ Real Estate Group LLC

Property Subtype:

Bar

Date on Market:

2025-11-06

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More details for 225 S Barnett, Nauvoo, IL - Multifamily for Sale

225 S Barnett

Nauvoo, IL 62354

  • Owner Financed Property
  • Multifamily for Sale
  • $1,155,150 CAD
  • 169,448 SF

Nauvoo Multifamily for Sale

Nauvoo Mobile Home Park is a well-maintained, 25-pad manufactured housing community located in the historic river town of Nauvoo, Illinois. Situated on 3.89 acres and zoned commercially for manufactured housing, the property presents a stable, income-producing investment with immediate upside potential through infill opportunities. Believed to have been established approximately 70 years ago, the park has stood the test of time in a community that continues to draw steady regional interest for its quality of life, affordability, and tourism appeal. Nauvoo sits along the scenic Mississippi River in Hancock County, Illinois, roughly 90 miles west of Peoria and 45 miles southwest of Burlington, Iowa. Best known for its deep historical ties to the Church of Jesus Christ of Latter-day Saints (LDS), Nauvoo attracts hundreds of thousands of visitors each year who come to tour the beautifully restored Nauvoo Temple, pioneer-era homes, and living-history sites. Tourism supports a vibrant small-town economy with restaurants, shops, and lodging catering to both visitors and residents. Beyond its religious tourism base, the area also offers river recreation, wineries, and local festivals, providing year-round activity and stability for the local housing market. The park’s current owner has held the property for a little over a year and is selling as part of a broader asset repositioning strategy. The community is not located in a flood zone, and its commercial zoning ensures the continued legal operation of the park. Nauvoo MHP currently operates with 25 total pads, 21 of which are occupied, offering a high occupancy rate and immediate cash flow. The property is professionally managed with both an on-site manager and an on-site maintenance man providing consistent oversight and upkeep. Of the 25 pads, 18 are tenant-owned homes (TOHs) and 3 are park-owned homes (POHs). The average pad rent is $300 per month, with the most recent increase effective August 1, 2025. The three POHs rent for an average of $650 per month, with the owner holding clear titles to all. The last rent increase for the park-owned homes occurred on May 1, 2025. The park maintains 100% current rent collections, and all tenants are on written leases. Rent payments are accepted via Cash App, Venmo, and traditional checks, providing convenience and consistent collections. There are no tenants behind on rent at this time. No units are being held for back taxes. The park is connected to city water and city sewer, both of which are paid by the park. Garbage service is also provided. The underground water and sewer lines are believed to be PVC, ensuring durability and reduced maintenance costs. Each pad has individual electric and gas meters, and tenants are billed directly by the utility providers. While there are no water meters installed at each pad and no RUBS or back-billing, the system is fully functional and easily adaptable for future meter installations. The electrical pedestals are rated at 100 amps. Roads within the park are gravel and considered to be in good condition, with maintenance handled by the park. Tenants mow their own lots, while the park mows the common areas and vacant pads, and the on-site maintenance man provides snow removal as needed. The current owner has renovated three homes during his ownership, improving the overall quality and appearance of the community. He notes that if he were to retain the property, his next step would be to add two homes on the remaining vacant pads to achieve full occupancy. All existing trailers are in place and no removals are required, with one trailer currently vacant and ready for occupancy. Nauvoo MHP offers investors a stable and straightforward acquisition in a tight-knit, tourism-supported community. The park’s strong collections, reliable tenancy, and public utilities provide a low-maintenance investment with room for incremental income growth through modest rent increases or full occupancy. With its established infrastructure, local management in place, and proximity to one of Illinois’ most visited historic towns, this property combines dependable cash flow with long-term appreciation potential. There are no assumable loans or creative financing structures in place for this MHP; the seller is NOT open to seller-financing or Morby Stack offers. Location: Nauvoo is a small city in Hancock County, Illinois, on the Mississippi River near Fort Madison, Iowa. The population of Nauvoo was 950 at the 2020 census. Nauvoo attracts visitors for its historic importance and its religious significance to members of several groups: The Church of Jesus Christ of Latter-day Saints; the Community of Christ (formerly the Reorganized Church of Jesus Christ of Latter-day Saints); other groups stemming from the Latter Day Saint movement; and the Icarians. The city and its immediate surrounding area are listed on the National Register of Historic Places as the Nauvoo Historic District. The Church of Jesus Christ of Latter-day Saints also owns most of the other historic sites in Nauvoo, including the homes of Brigham Young, Heber C. Kimball, and other early members of the church, as well as other significant buildings. Most of these sites are open to the public, with demonstrations and displays, and there are self guided driving tours as well as wagon tours. These tours are free, as are the stage and riverside theatrical productions. There is a large visitors' center complete with two theaters. The median home cost in Nauvoo is $123,700. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Nauvoo is up 14.9%. Renters make up 25.0% of the Nauvoo population. The typical 1-bedroom unit rents for $650/month. The typical 2-bedroom unit rents for $780/month. The typical 3-bedroom unit rents for $1,040/month. The typical 4-bedroom unit rents for $1,200/month. Nauvoo has an unemployment rate of 5.3%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%. The Median household income of a Nauvoo resident is $43,000 a year. The US average is $69,021 a year. Nauvoo violent crime is 17.5. (The US average is 22.7) Nauvoo property crime is 19.9. (The US average is 35.4) The Fort Madison–Keokuk, IA-IL-MO Micropolitan Statistical Area, as defined by the United States Census Bureau, locally known as the "Tri-State" area, was an area consisting of three counties – one in southeast Iowa, one in northeast Missouri, and one in west central Illinois, anchored by the cities of Fort Madison, Iowa and Keokuk, Iowa.

Contact:

Mr. Landman

Property Subtype:

Multi Family

Date on Market:

2025-10-28

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More details for 2200 S Court St, Grayville, IL - Hospitality for Sale

Quality Inn Grayville - 2200 S Court St

Grayville, IL 62844

  • Owner Financed Property
  • Hospitality for Sale
  • $3,601,349 CAD
  • 61,583 SF
  • Fitness Center
  • Restaurant

Grayville Hospitality for Sale

This 60 unit, two-story interior-corridor hotel is located in Grayville, Illinois, within White County. Ideally situated between Louisville and St. Louis and just three miles from the Indiana border, the property offers convenient access to Interstate 64. The hotel is in excellent condition, having undergone numerous interior renovations, with only minimal updates remaining. The hotel is a solid concrete build, and all rooms were updated in 2019. The hotel has empty rooms for offices and maintenance, which could be converted into a large 4-5 room manager's apartment as well. Several amenities such as the bar, swimming pool, and restaurant are currently closed, presenting an opportunity for a new owner to reopen them and maximize profitability. Despite these closures, the property continues to offer a variety of guest amenities, including a fitness center, continental breakfast area, casino room, laundry facilities, and 147 parking spaces with dedicated truck and RV parking that generates additional income. Gaming machines produce approximately $25,000 of revenues annually. Grayville is historically known for its oil and gas drilling, among other demand generators in the area. The city is diversifying its economy through growth in renewable energy, such as wind and solar power, and advanced manufacturing. Local initiatives aim to attract technology firms and other emerging sectors to reduce dependence on traditional industries and create new employment opportunities.

Contact:

Amber Hotel Company

Property Subtype:

Hotel

Date on Market:

2025-10-27

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More details for 1640 W Fullerton Ave, Chicago, IL - Retail for Sale

1640 W Fullerton Ave

Chicago, IL 60614

  • Owner Financed Property
  • Retail for Sale
  • $5,434,641 CAD
  • 5,274 SF
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More details for 4211 State St, East Saint Louis, IL - Land for Sale

4211 State Street - Commercial/Industrial - 4211 State St

East Saint Louis, IL 62205

  • Owner Financed Property
  • Land for Sale
  • $108,720 CAD
  • 3.44 AC Lot
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More details for 5201 W 167th St, Oak Forest, IL - Retail for Sale

Restaurant w/ Drive-Thru - 5201-OF-IL-TT - 5201 W 167th St

Oak Forest, IL 60452

  • Owner Financed Property
  • Retail for Sale
  • $441,675 CAD
  • 820 SF
  • Air Conditioning
  • Restaurant

Oak Forest Retail for Sale - Near South Cook

Turnkey Freestanding Restaurant w/Drive-Thru Oak Forest, IL - With Property! Listing Summary: Previously operated as a popular sandwich shop offering beef sandwiches (corned, brisket or pastrami), plus Italian beef, gyros, hot dogs, burgers and other comfort food favorites. Fast-food restaurant. Simple operation - counter service. Dine-in or out, carryout, convenient pickup window and drive-thru. The current layout features a kitchen, prep area, cozy dining area and outdoor seating on its covered front porch. Its updated build-out features high ceilings, new flooring, french doors and more. Also, electronic menu boards and a large screen tv. And a fully equipped kitchen that includes a 5ft hood, table-top oven, convection oven, warmer, meat slicer, 2-door refrigerated prep table, 2-door reach-in beverage cooler, 2-door reach-in cooler, 2-door reach-in freezer and more, plus a detached walk-in cooler on a concrete foundation along the rear of the building. Well established restaurant location for many years. Asset sale with property - all furniture, fixtures and equipment (FF&E) included. Turnkey! Bring your concept here. A versatile gem awaiting a savvy owner-operator. Own your own building and lot outright (no landlord or rent). Perfect for a beef/burgers/gyros/hot dog joint, sandwich shop, deli, coffee shop, ice cream/frozen yogurt/gelato, juice bar, smoothies, gaming café or any quick-service eating & drinking establishment. Location: Prime retail space in a freestanding building with pickup window, drive-thru and large monument sign. Boasts great signage, excellent visibility, easy access and its own parking lot. Perfectly situated on 167th St - a well-traveled retail and commuter corridor with over 18,000 vehicles per day. Just west of Cicero Avenue (IL-50) - a major north-south arterial with over 34,000 vehicles per day, connecting Oak Forest to Midlothian, Country Club Hills, Crestwood and Alsip. Plus, in close proximity to Interstate 57 (1 mile west) and Interstate 294 (Tri-State Tollway) for excellent regional access. Just minutes from the Oak Forest Metra Station, Oak Forest City Hall & government offices, the village’s business district, Oak Forest High School and more. Plus, close to residential neighborhoods, schools, light industrial parks and retail. Surrounded by a densely populated residential area with over 130,000 residents within a 5-mile radius with an average household income over $90,000. Ideally located in Oak Forest, a thriving far southwest suburb 20 miles from downtown Chicago! Property Information: 740 sqft well-maintained one-story masonry freestanding building with front porch, pickup window, fully functional drive-thru with menu board, large pylon sign and parking lot for 7 vehicles. Built in 1957. Remodeled in 2015 and 2021. Drive-thru, additional HVAC and interior updates were done in 2021. On 17,424 sqft or .4 acres. Class B. Zoning B-2. 2024 real estate taxes $16,481. Square Feet: 740. Seating: 8 Inside & 20 Outside. Value of FF&E: Included In Asking Price (Valued at $40,000). Value of Inventory: Not Included In Asking Price. Seller Financing Available: No. Reasons for Selling: Available. Competition/Market: A rare freestanding building with pickup window, drive-thru and dedicated parking lot in the area. Fully built, updated and operational - save time and money. Countertop service setup - efficient. Flexible layout for multiple uses - suitable for many concepts. Great curb appeal - inviting exterior. Excellent visibility - prime frontage on 167th St and large monument sign. Easy ingress/egress - from multiple directions. Growth & Expansion: Established reputation as a local favorite stop. Longstanding neighborhood restaurant. Consistent customer flow - strong repeat traffic. Strategically located on 167th St - one of Oak Forest’s busiest east-west corridors. Also, strong daily traffic from nearby Cicero Ave (IL-50). Surrounded by a consistent daytime and evening customer base. And the potential to add gaming! Feel free to stop by the location. If interested, please email Tom Traina or him for more information. Showings by appointment only. Contact Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC

Contact:

EatZ Real Estate Group LLC

Property Subtype:

Fast Food

Date on Market:

2025-10-13

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More details for The Pershing Portfolio – for Sale, Chicago, IL

The Pershing Portfolio

  • Owner Financed Property
  • Mixed Types for Sale
  • $8,018,100 CAD
  • 2 Properties | Mixed Types
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More details for 423 N State St, Lockport, IL - Flex for Sale

423 N State St

Lockport, IL 60441

  • Owner Financed Property
  • Flex for Sale
  • $2,514,150 CAD
  • 9,500 SF

Lockport Flex for Sale - Joliet/Central Will

EXCEPTIONAL COMMERCIAL OPPORTUNITY HIGH-TRAFFIC - LOCKPORT LOCATION SELLER FINANCING AVAILABLE This recently renovated, turnkey commercial facility offers approximately 9,500 square feet of versatile space on a prominent corner location with over 1 million annual traffic count. Recent comprehensive improvements make this an ideal investment for businesses seeking immediate occupancy with minimal setup costs. PROPERTY / Zoned B-2 / Apprx. .75 Acre Site IDEAL USES: Collectable Car Storage Automotive & Transportation Healthcare & Physical Therapy Car Dealership - showroom space with service capabilities Motorcycle Dealership - perfect size and layout Restaurant / Bar Collectible Car Storage - secure, climate-controlled environment Man Cave / Private Office Private Family Office Grow Operation - Marijuana / Mushrooms / Hydroponics Location & Accessibility: Prominent intersection location, Archer Ave. & New Ave in Lockport, with exceptional visibility. Over 1 million annual traffic count - prime exposure. Dual street access with 4 separate driveways. New intersection stop light and beautification project beginning in Summer 2025. Located in Will County with favorable tax rates. Building Specifications: 9,500 total square feet (9,000 clear span). 0.75-acre commercial lot with room for expansion. B2 zoning with a guard resident permit. 200+ person occupancy rating. Fully sprinklered OH-2 coverage for maximum safety compliance. Recent Major Improvements: New TPO membrane roof with 8" additional insulation. Complete HVAC system replacement. Updated electrical throughout. Energy-efficient LED lighting (building and lot). New men's and women's restrooms. Quarry tile flooring is durable and easy to maintain. Technology & Infrastructure: Fiber optic main line on premises - rare suburban amenity. High-speed internet installed. Monitored fire and burglar alarm systems. 5 independent carbon-based air filtration units. Functional Features: 60+ private parking spaces - exceeds most municipal requirements. 200+ person occupancy. Fully fenced and secure lot. Semi dock with lift gate and overhead door. Straight dock with overhead door. 2 front-facing overhead door sections (available). 20+ person outdoor patio area. Office & Amenities: Three private offices (11' x 12' each). Large conference room/office/storage area. Kitchenette and bar area. Professional layout ideal for client meetings. Operating Advantages: Low Will County real estate taxes. Low monthly utility costs due to energy efficiency improvements. 90 day occupancy ready. Minimal tenant improvement costs. OTHER IDEAL USES Technology & Storage: Private Data Center Suite - fiber optic ready with redundant power. Tier 2 or 1 Data Center - multiple access points and secure lot. Healthcare & Professional Services: Healthcare Facility - ample parking and accessibility compliance. Construction Office - with equipment storage and a staging area. Retail & Hospitality Restaurant/Bar - full commercial kitchen capability. Convenience Store - high traffic location. Boutique Grocery/Specialty Retail Store - loading docks and large clear span. FINANCIAL BENEFITS: Will County location offers significant tax advantages over Cook County. Energy-efficient systems reduce operational costs. Turnkey condition minimizes tenant improvement expenses. High visibility location reduces marketing costs. Ample parking eliminates common suburban challenges. UPCOMING IMPROVEMENTS: Summer 2025: Intersection stop light installation and beautification project will further enhance visibility and traffic flow, adding long-term value to the property underway and completion date of summer 2026. SCHEDULE YOUR SHOWING TODAY This exceptional property combines location, functionality, and value in a way that's rare in today's market. The comprehensive recent improvements, combined with the prime location and upcoming municipal enhancements, make this an outstanding opportunity for immediate occupancy or long-term investment. Contact us today to schedule a private showing and discuss lease or purchase terms. Professional property remodeling, management, and leasing services are available. Property shown by appointment only. Brokers welcome.

Contact:

Profectus Capital

Property Subtype:

Light Manufacturing

Date on Market:

2025-10-01

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More details for 253 Sutton Rd, Streamwood, IL - Land for Sale

Route 59 Development Opportunity - 253 Sutton Rd

Streamwood, IL 60107

  • Owner Financed Property
  • Land for Sale
  • $2,989,800 CAD
  • 2.50 AC Lot
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More details for 4808 Paradise Rd, Mattoon, IL - Multifamily for Sale

4808 Paradise Rd

Mattoon, IL 61938

  • Owner Financed Property
  • Multifamily for Sale
  • $747,450 CAD
  • 1,000 SF

Mattoon Multifamily for Sale

Lakelake Estates Mobile Home Park is a 91-pad community situated on 9.55 acres in Mattoon, Illinois. Developed in 1960, the park has been under current ownership for the past six years. The seller owns a broader portfolio of mobile home parks concentrated in the Pacific Northwest, and this asset is considered a geographical outlier, prompting the decision to sell. The property is zoned Commercial 0060-R3 and represents a value-add opportunity in a growing part of Mattoon, near the rapidly expanding Emerald Acres development and other residential growth corridors. The park is fully serviced by city water and city sewer, with both utilities along with garbage service currently backbilled to the tenants. Underground pipe materials throughout the park are a mix of types. Each pad is individually metered for electrical, gas, and water. Electrical pedestals within the park range between 50, 100, and 200 amp units. While all vacant pads appear ready to accept new trailers, some may require updated electrical pedestals to meet modern standards. Roads throughout the park are asphalt and considered to be in average condition, with the park handling ongoing road maintenance and snow removal. Tenants are responsible for mowing their own lots, while the park maintains the common areas and vacant pads. Currently, 17 of the 91 pads are occupied. Of those, 16 are tenant owned homes paying an average of $385 per month, and 2 are park-owned homes renting for an average of $390 per month. There is one additional vacant trailer on-site, but no homes are in poor enough condition to warrant removal. All leases are structured on a month-to-month basis. Rent was last increased on January 1, 2025. Eight tenants are currently behind on rent, presenting an opportunity for improved collections under new ownership. The park employs a manager and a maintenance person, providing consistent on-site oversight. Tenants have the convenience of paying rent online or at Walmart. Off-street parking is available for all residents. Lakelake Estates offers a solid foundation for an investor seeking a turnaround opportunity in a market showing signs of steady growth. With city utilities, solid infrastructure, and a large number of vacant pads that could be redeveloped or infilled, there is substantial upside for an experienced operator. While the seller may entertain short term seller financing for the right buyer, their preference is to be cashed out. Location Mattoon is a city in Coles County, Illinois. The population was 16,870 as of the 2020 census. The city is home to Lake Land College and has close ties with its neighbor, Charleston. Both are principal cities of the Charleston–Mattoon Micropolitan Statistical Area. The town is home to the "Original" Burger King. The median home cost in Mattoon is $96,400. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Mattoon is up 13.5%. Renters make up 35.1% of the Mattoon population. Mattoon has an unemployment rate of 5.6%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%. The Median household income of a Mattoon resident is $41,320 a year. The US average is $69,021 a year. Mattoon violent crime is 17.7. (The US average is 22.7) Mattoon property crime is 29.5. (The US average is 35.4) The climate in Mattoon, IL is humid and continental. The summers are hot and humid with temperatures averaging in the mid-80s and sometimes reaching into he 90s. Winters are cold with temperatures averaging in the high 20s to mid 30s, with occasional snowfall from November through March. Spring and fall are mild with temperatures ranging from the 40s to 70s. Overall, Mattoon has a typical Midwestern climate. Mattoon, Illinois gets 40 inches of rain, on average, per year. Mattoon averages 16 inches of snow per year. Charleston is a city in and the county seat of Coles County, Illinois. The population was 17,286, as of the 2020 census. The city is home to Eastern Illinois University and has close ties with its neighbor, Mattoon. Both are principal cities of the Charleston–Mattoon Micropolitan Statistical Area. Coles County is a county in Illinois. As of the 2020 census, the population was 46,863. Its county seat is Charleston, which is also the home of Eastern Illinois University. The city of Mattoon recently started construction of a $70,000,000 sports complex that is projected to bring in 250,000 out of area visitors annually. This facility will be opening in 2024/2025. Here is a breakdown of the scope of the facility: • 4 Baseball/Softball/Multipurpose Turf Fields (300ft) • 4 Baseball/Softball/Multipurpose Turf Fields (400ft) • 4 Soccer/Multipurpose Turf Fields • 4 Soccer/Multipurpose Grass Fields • Championship Fields & warm-up areas • Walking/Bike Path • 140,000 sq ft Indoor Facility – 8 Basketball Courts (16 volleyball courts) – Collegiate Locker Rooms – Family Entertainment Center – Medical Tenant Space – Seating for ~3,000 for large events The economic impact of this sports complex is going to be huge for Mattoon. Here are their current projections: •30 year economic impact of: $3.3 billion •Annual economic impact of $110.5 million in Mattoon $54.4 million on-site $56.1 million off-site •Construction Impact of $194.6 million Lakeland Estates is located within two miles of this new development.

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2025-08-01

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More details for 224 N Poplar St, Ludlow, IL - Multifamily for Sale

Ludlow Mobile Home Park - 224 N Poplar St

Ludlow, IL 60949

  • Owner Financed Property
  • Multifamily for Sale
  • $406,341 CAD
  • 1,100 SF
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More details for 331 George St, West Chicago, IL - Specialty for Sale

331 George St

West Chicago, IL 60185

  • Owner Financed Property
  • Specialty for Sale
  • $1,216,305 CAD
  • 11,950 SF
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More details for 1144 Devon Ave, Elk Grove Village, IL - Retail for Sale

Freestanding Restaurant - EBC-EGV-IL-TT - 1144 Devon Ave

Elk Grove Village, IL 60007

  • Owner Financed Property
  • Retail for Sale
  • $1,291,050 CAD
  • 5,300 SF
  • Air Conditioning
  • Restaurant

Elk Grove Village Retail for Sale - Schaumburg Area

Fully-Equipped Freestanding Restaurant Sought-After Northwest Suburb - Property For Sale! "Out-lot Of A Busy Plaza - At A Signalized Intersection - On A Major Thoroughfare/A Dense Commercial Corridor - Within A Massive Business Park/Vibrant Industrial Hub & Surrounded By A Dense Residential Area" Popular long-established pancake house and lunch cafe. Offering all-day breakfast/brunch and traditional comfort food. Full-service restaurant. Dine-in, carryout, pickup and 3rd party delivery. Features high ceilings, exposed beams, expansive windows, a spacious dining room, large wait station and fully equipped commercial kitchen. Long established restaurant location over 47 years. And with the current operator 14 years. Asset sale with property - all furniture, fixtures and equipment (FF&E) included. Business is not for sale - no financials. This exceptional restaurant opportunity offers a turnkey operation in one of the most business-friendly communities in the United States. Also, a rare opportunity to acquire a proven restaurant location together with its real estate in a sought-after northwest suburb. With a fully equipped kitchen, established location and strong surrounding demographics, this property is positioned for continued success. Plus, an incredible opportunity for long-term real estate appreciation. Bring your concept here! Can also add gaming!! Location: Prime retail space in a large one-story freestanding building with ample parking on one of Chicagoland’s most stable and densely populated northwest suburban corridors. Perfectly situated in a busy plaza with a diverse tenant mix and easy access at the signalized intersection of two high traffic routes. Well positioned on a major thoroughfare and a dense commercial corridor with excellent street exposure, high visibility and strong traffic flow (22,000+ VPD) close to the interchange of two major interstates. And strategically located in the village’s massive business park and vibrant industrial hub, surrounded by corporate offices, logistics facilities, industrial parks and hotels. As well as surrounded by a dense residential and established retail/service area, close to homes, schools and local businesses. Plus, just 5 minutes from two Metra stations and less than 15 minutes from O’Hare International Airport. Year Established: 2012. Property Information: One-story freestanding building. Built in 1979. On .61 acre or 26,272 sqft. Class C. Zoning B-2. $1,200 plaza parking lot maintenance fee. Real estate taxes $44,317. Square Feet: 5,288. Seating: 200+ Inside. Owners Role: Absentee owned and operated. Gross Sales: (Asset Sale). Net Operating Income: (Asset Sale). Value of FF&E: Included In Asking Price (Valued at $250,000). Seller Financing Available: No. Reasons for Selling: Other interests. Competition/Market: Fully built-out. Spacious dining room. Versatile space for any type of restaurant. Efficient set up for high volumes. Conveniently located on established retail and service corridors with excellent commuter visibility and high traffic counts, plus access to regional expressways. Benefits from strong surrounding demographics. Sits within a mature residential and commercial trade area that consistently supports restaurant operators. Growth & Expansion: In a sought-after northwest suburb. Within one of the most stable municipalities in the northwest suburbs. On two dense suburban commercial corridors. In the heart of a robust business and industrial market with a significant nearby employment base. Plus, surrounded by a dense residential area with a population of over 90,000 with a median household income of over $95,000 within a 3-mile radius. Location, location, location!!! Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Tom Traina at Tom@eatz-associates.com or call 847-651-3834 for more information. Showings by appointment only outside of business hours. Listed by Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC

Contact:

EatZ Real Estate Group LLC

Property Subtype:

Freestanding

Date on Market:

2025-05-02

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More details for 2816 Route 120, Mchenry, IL - Retail for Sale

UpRooted | Freestanding Restaurant Building - 2816 Route 120

Mchenry, IL 60051

  • Owner Financed Property
  • Retail for Sale
  • $1,325,025 CAD
  • 5,450 SF
  • Air Conditioning

Mchenry Retail for Sale - Far Northwest

Here’s your opportunity to own UpRooted Restaurant, one of McHenry's premier fine dining destinations. Located just a quarter mile east of the Fox River on the north side of Route 120, this property is rich in history and modernized for today's culinary excellence with gross sales of over $1,450,000. Originally built in 1938 and expanded through the years, this property has undergone a stunning transformation since it was purchased in 2015. This turnkey sale includes real estate, land, building, recipes, supplies, and all equipment for a seamless transition. The building was fully gutted and updated with a new roof, plumbing, electrical, and city water/sewer conversion. Handicap-accessible restrooms, a state-of-the-art kitchen, and tastefully remodeled dining and bar areas ensure a modern and comfortable guest experience. The dining room features new walls and ceilings for a welcoming environment, while the bar showcases beautiful hickory, hard maple, and pine finishes. The freshly painted exterior and large front deck enhance curb appeal and provide alfresco dining options. The property has a rich history, having once served as the McHenry Moose Lodge, and later an Off-Track Betting venue before its transformation into the UpRooted Restaurant. As McHenry's top fine dining destination, this restaurant offers a unique farm-to-table menu and a commitment to quality and innovation. With upscale interiors, modern amenities, and a built-in customer base, UpRooted Restaurant is ready for its next chapter. Please do not disturb business, management, or employees.

Contact:

SVN | Chicago Commercial

Property Subtype:

Restaurant

Date on Market:

2025-04-23

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More details for 700 Northwest Hwy, Fox River Grove, IL - Retail for Sale

700 Northwest Hwy

Fox River Grove, IL 60021

  • Owner Financed Property
  • Retail for Sale
  • $1,073,610 CAD
  • 4,428 SF
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More details for 2200 N Cicero Ave, Chicago, IL - Retail for Sale

2200 N Cicero Ave , Chicago, IL 60639 - 2200 N Cicero Ave

Chicago, IL 60639

  • Owner Financed Property
  • Retail for Sale
  • $3,397,500 CAD
  • 1,500 SF
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Smoke Detector

Chicago Retail for Sale - Northwest City

GREAT AUTO SALES/RETAIL LOT ON CICERO, HIGH VISIBILITY, Excellent Frontage along 2200 N Cicero, Built for an auto dealership use, Ideal for automotive sales and related businesses. APPROX 100 SQ FT OF FRONTAGE ON CICERO C2-1 ZONING, 25,800 Vehicles pass this location a day 25,800 VPD, Business and real estate, very rare opportunity, Owner is retiring, The building is approx, 1500 SQ FT - The land is 10,900 SQ FT, Four Brand New 30 FT Driveways 4 Curb Cuts 2 Curb Cuts on Cicero. Take advantage of this exceptional opportunity. this property offers unmatched visibility and accessibility Don't miss this chance to own a very well know standout used auto sales operation, This currently is a long time very successful used car sales operation, This was and is currently the premier used muscle car sales dealership in Chicago for many decades, Known as the Great Auto Race, Right on the stoplight hard corner of Cicero and Palmer, This is a 50 Year old well Running and established Business, This is a very high Traffic Money maker. Best auto lot on Cicero. This offering is TURN KEY, The building features 6 offices and a Paved auto display area surrounding the building, Please see the Floor plan. Full Roll Away security fence in place for nighttime security, 1 restroom and full Bath/Shower. Full HVAC Gas forced air, Fully Sprinklered, Its flexible zoning allows for a variety of commercial uses, retail, auto retail, office, Fast food service. The city of Chicago zoning department has approved for this location to remain as auto sales if the new buyer is in that business. Close to public transportation, Shopping, restaurants and other retail, Please Note, Owner will review the financials with the prospective buyer privately, Owner can also offer seller financing for the right buyer upon full financial approval. Two pin numbers - Pin lot ONE 13332140380000 and Pin lot TWO 13332140390000, Call Listing Broker for showing.

Contact:

@ Properties Commercial

Property Subtype:

Auto Dealership

Date on Market:

2025-03-10

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More details for 301-315 W 79th St, Chicago, IL - Retail for Sale

301-315 W 79th St

Chicago, IL 60620

  • Owner Financed Property
  • Retail for Sale
  • $1,202,715 CAD
  • 7,600 SF

Chicago Retail for Sale - South Chicago

PRIME WEST CHATHAM INVESTMENT OPPORTUNITY WITH IMMEDIATE LEASING POTENTIAL Discover an exceptional investment opportunity in Chicago's thriving West Chatham neighborhood! This modern 2005-built retail strip center presents both stable income and significant value-add potential with 3 units currently available for lease, including 1,100-3,000 square feet of contiguous space perfect for expanding tenants or new anchor opportunities. Key Investment Highlights: Current cap rate estimated to be 10.53, with Proforma estimated to be at 12.7% with an NOI of $112,407 Seller financing available! Flexible Leasing Opportunity: Multiple available units allow investors to control tenant mix and maximize rental income High-Visibility Location: Prominent pylon signage and prime positioning on busy 79th Street corridor Excellent Access: 29 dedicated parking spaces with CTA Red Line proximity driving consistent foot traffic Tenant-Favorable Structure: Modified gross leases with tenants responsible for utilities Turnkey Operations: Well-maintained systems with established infrastructure Additional Opportunity: The current owner operates a successful dry cleaning business on-site, available for purchase or lease-back arrangement, providing flexibility for investors seeking immediate cash flow or business acquisition potential. Former Bank Space: Premium build-out opportunity with existing infrastructure ideal for professional services, healthcare, or specialty retail. This rare combination of immediate rental income potential and prime Chicago South Side location makes this an ideal opportunity for investors seeking both stability and growth in one of the city's most promising commercial corridors

Contact:

Keller Williams ONEChicago

Property Subtype:

Convenience

Date on Market:

2024-11-14

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More details for 5410 S Indiana Ave, Chicago, IL - Multifamily for Sale

5410 S Indiana Ave

Chicago, IL 60615

  • Owner Financed Property
  • Multifamily for Sale
  • $1,180,971 CAD
  • 14,841 SF
  • 24 Hour Access
  • Kitchen

Chicago Multifamily for Sale - South Chicago

Nestled in the heart of Chicago's rapidly growing Washington Park neighborhood, this fully occupied, six-unit building offers a blend of stable cash flow and exceptional future potential. Located near the University of Chicago and the expansive Washington Park, this property is positioned to benefit from the area's ongoing development, including the future Obama Presidential Center. With property values steadily rising, this investment represents a rare opportunity for savvy investors. Boasting a classic stone facade and a grand marble entryway, this well-maintained building exudes timeless charm. Each of the six spacious 3-bedroom, 1-bath units spans 1,800 square feet, featuring high ceilings, formal dining rooms, real pantries, private back decks, and beautiful bay windows that flood the interiors with natural light. Hardwood floors and well-kept common areas add to the appeal, ensuring tenant satisfaction and full occupancy. Additionally, the building generates extra income through coin-operated laundry facilities and offers gated parking with a two-car brick garage. With a solid 10% cap rate and a history of long-term tenants, this property is a proven income generator. For investors looking to maximize returns, there is untapped potential in the lower level, where a 7th and possibly 8th unit could be developed, both areas have ingress and egress access. Updates include a 2011 boiler to enhance the property's efficiency. The seller is open to discussing owner financing terms provided the seller is in first position with collateral, thereby expanding this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.

Contact:

Berkshire Hathaway Home Services

Property Subtype:

Apartment

Date on Market:

2024-11-01

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