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

Owner Financed Properties for Sale in Illinois, USA

More details for 89 E Grand Ave, Fox Lake, IL - Retail for Sale

Waterfront Restaurant & Bar (JPC-FL-IL-PM) - 89 E Grand Ave

Fox Lake, IL 60020

  • Owner Financed Property
  • Retail for Sale
  • $554,801 CAD
  • 2,500 SF
  • Air Conditioning
  • Restaurant
  • Waterfront

Fox Lake Retail for Sale - Central Northwest

Rare Waterfront Restaurant & Bar Far Northwest Suburb of Chicago - Property Included! "Offers Direct Channel Frontage Leading Into The Chain O' Lakes, Complete With Outdoor Seating & 4 Private Boat Slips" An exceptionally rare opportunity to acquire both a fully equipped restaurant operation and its real estate in one of Lake County's most desirable waterfront recreational markets. Offered as an asset sale, this established independent restaurant occupies a highly visible freestanding building with direct channel frontage, private boat docks, outdoor waterfront dining, a full-service bar and video gaming. All of the infrastructure already in place for a new owner! This incredible opportunity allows an owner to build equity through ownership of the real estate while operating from a location that would be extremely difficult and prohibitively expensive to replicate today. The 2,500 sqft freestanding building sits on 0.29 acres with 100 feet of road frontage, ample customer parking, excellent visibility and direct access to a navigable channel leading to one of Northern Illinois' most popular recreational lake systems. The property also features 4 private boat docks, creating a destination dining experience for boaters throughout the busy spring, summer and fall seasons while continuing to serve a loyal year-round local customer base. Inside, the restaurant is completely equipped with a fully equipped commercial kitchen featuring a 12ft hood, numerous equipment upgrades, a dining room, full-service bar with 6 taps, video gaming area and an outdoor waterfront deck capable of accommodating additional seasonal seating. The current owners have also invested in updated kitchen equipment, plumbing improvements and a new front entrance. For buyers seeking multiple revenue streams, this opportunity delivers. In addition to food and beverage sales, the establishment operates 6 licensed video gaming terminals, with 2025 gaming income of $72,268 reflecting strong gaming activity at this location, further demonstrating the property's established customer base. Whether you're an owner-operator seeking your own building or an investor looking for an irreplaceable waterfront commercial property with tremendous upside, opportunities like this rarely come to market. Location: Prime retail space in a highly desirable waterfront setting within the renowned Chain O' Lakes recreational region - one of the Midwest's premier boating and tourism destinations, attracting thousands of residents and visitors throughout the year. The Chain O' Lakes spans 15 interconnected lakes and is one of the busiest inland recreational waterways in the country, drawing boating enthusiasts, anglers, vacationers, weekend travelers and outdoor recreation lovers from across the greater Chicago metropolitan area. Well positioned along a busy avenue surrounded by an established mix of local restaurants and neighborhood taverns. Just minutes from a movie theater, multiple shopping centers and numerous everyday service businesses, creating continuous consumer activity throughout the day and evening. And strategically located between two of the area's primary transportation corridors near the Metra station, providing convenient access for both local residents and visitors traveling from Chicago and surrounding suburbs. Year Established: 1993 (Current Owner 2018). Property Information: 2,500 sqft single-story building with 24 parking spaces. On 0.29 acres or 12,545 sqft. Built in 1950. Zoned B2. Real estate taxes $6,387 a year. The property is being offered for just $110 per square foot - well below the area's estimated retail benchmark - making it an outstanding value for an owner-user seeking to control occupancy costs while building long-term equity. Square Feet: 2,500. Seating: 96 (12 Barstools + 60 Inside + 24 Outside). Days/Hrs of Operation: Mo-Fr 3p-10p & Sa-Su 10a-10p. Owners Role: Absentee. # Of Employees: 6. Training: One week on-site comprehensive training. Value of FF&E: Included In Asking Price. Value of Inventory: Not Included In Asking Price. Seller Financing Available: No. Reasons for Selling: Retiring. Competition/Market: Ideal for an experienced operator looking to continue the current concept or introduce an entirely new vision. The existing layout and infrastructure could easily accommodate numerous concepts including: Breakfast & brunch café - American grill - Pizza & Italian restaurant - Mexican restaurant & tequila bar - BBQ restaurant - Seafood restaurant - Destination lakefront dining concept - Neighborhood tavern or pub - Sports bar - Cocktail lounge with kitchen - Entertainment venue with gaming Few waterfront restaurant properties with private docks, dedicated parking, existing restaurant infrastructure and strong visibility ever become available at this price point. The rare combination of an established restaurant facility, waterfront amenities, gaming income, valuable real estate ownership and exceptional long-term investment value - all at a price point that is difficult to duplicate in today's market. Growth & Expansion: A new ownership has numerous opportunities to increase both sales and profitability: 1) Expand seasonal outdoor dining and entertainment on the waterfront deck with live music, themed events, boat-in parties and private gatherings to capitalize on the property's unique channel-front setting. 2) Increase food and beverage sales by extending operating hours, introducing online ordering, expanding takeout services and 3rd-party delivery. 3) Grow bar revenue through specialty cocktails, craft beer, happy hour promotions and community events. 4) Increase gaming revenue through targeted promotions and player loyalty programs. 5) Rebrand or introduce a new concept while leveraging the fully equipped kitchen, full-service bar, private boat docks and highly desirable waterfront location. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Pat Mahoney at Pat@eatz-associates.com or call 847-208-9569 for more information. Showings by appointment only outside of business hours. Listed by Pat Mahoney & Tom Traina at EatZ & Associates/EatZ Real Estate Group

Contact:

EatZ Real Estate Group LLC

Property Subtype:

Restaurant

Date on Market:

2026-07-24

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More details for 3103 Il Route 176, Crystal Lake, IL - Retail for Sale

3103 Il Route 176

Crystal Lake, IL 60014

  • Owner Financed Property
  • Retail for Sale
  • $1,964,979 CAD
  • 12,343 SF

Crystal Lake Retail for Sale - Far Northwest

3103 Illinois Route 176 presents an opportunity to acquire a multi-tenant retail center positioned at a signalized intersection in Prairie Grove, Illinois. The property consists of a five-unit retail center with a mix of occupied and vacant space, offering flexibility for an owner-user, investor, or value-add repositioning strategy. The center includes a restaurant tenant with a drive-thru operating on a month-to-month lease, while the remaining vacant units provide opportunities for lease-up and future income growth. The property's layout supports a variety of permitted commercial uses, including retail, office, and fitness-related operations. Special use allowances include automotive sales and service, veterinary clinics, and dog kennels, creating flexibility for future tenancy and business concepts. A former car wash space includes four drive-in doors, and equipment has been removed, allowing for redevelopment or adaptation to a range of commercial uses. Located along Illinois Route 176 at a signalized intersection with 18700 vpd, the property benefits from visibility, accessibility, and established traffic patterns. Ample on-site parking and pole signage further enhance exposure for tenants and visitors. The combination of existing tenancy, vacant space, flexible zoning, and seller financing consideration creates multiple pathways for investment and operational value creation.

Contact:

Premier Commercial Realty

Property Subtype:

Storefront

Date on Market:

2026-07-20

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More details for 1600-1660 Pleasant St, Dekalb, IL - Industrial for Sale

1600-1660 Pleasant St

Dekalb, IL 60115

  • Owner Financed Property
  • Industrial for Sale
  • $3,925,745 CAD
  • 91,000 SF
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More details for 1256 S Independence Blvd, Chicago, IL - Multifamily for Sale

18 UNITS /// LAWNDALE - 1256 S Independence Blvd

Chicago, IL 60623

  • Owner Financed Property
  • Multifamily for Sale
  • $3,158,855 CAD
  • 18,000 SF
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More details for 12934 Page Ct, Blue Island, IL - Multifamily for Sale

12934 Page Ct

Blue Island, IL 60406

  • Owner Financed Property
  • Multifamily for Sale
  • $1.40 CAD
  • 6,145 SF
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More details for 1945 S Schuyler Ave, Kankakee, IL - Multifamily for Sale

1945 S Schuyler Ave

Kankakee, IL 60901

  • Owner Financed Property
  • Multifamily for Sale
  • $1,615,244 CAD
  • 1,000 SF

Kankakee Multifamily for Sale

Russ Mobile Home Park is a 20-pad community located in Kankakee, Illinois, positioned on 2.60 acres. Originally developed in the 1970s, the park holds a zoning classification of 0040 (Improved Lots) and is situated outside of any flood zone. The current owner has managed the property for one year, operating it as an owner managed park without an on-site manager. However, the owner believes one of the current tenants could potentially serve in that role. A maintenance person is in place for regular upkeep. The property also includes a 1,000 sq. ft. single-family residence. The park consists of 20 mobile home pads, all occupied by park owned homes (POH), with 16 pads currently filled and four vacant POH units. One additional trailer is in poor condition and scheduled for removal. The park has no tenant-owned homes. POH units rent for an average of $900 per month. Lot rent is assumed at $525/month based on market comparables in the Kankakee and south suburban Chicago areas. The park currently operates on annual leases, with tenants paying rent via Selle, Cash App, or Apple Pay. One tenant is currently behind on rent. Russ Mobile Home Park is served by city water and city sewer, with tenants billed directly by utility providers. Each pad is equipped with electric, gas, and water meters. Electrical pedestals at each site are rated at 100 amps. The owner is not certain of the underground pipe composition. Utilities are not back-billed to tenants. The park has gravel roads in fair condition, which are maintained by the owner. Tenants are responsible for mowing their own areas, while the park maintains common areas and vacant pads. Off-street parking is provided for all tenants. When purchased, the park was entirely vacant. Since acquisition, the owner has completed substantial improvements, including rehabbing every unit in the park, removing four non-salvageable trailers, and bringing in three new homes to improve occupancy and quality. The seller will now consider seller financing at 25-30% down, 6% interest, with a 5-year balloon. Location: Kankakee is a city in and the county seat of Kankakee County, Illinois. Located on the Kankakee River, as of 2020, the city's population was 24,052. Kankakee is a principal city of the Kankakee-Bourbonnais-Bradley Metropolitan Statistical Area. It serves as an anchor city in the rural plains outside Chicago. The median home cost in Kankakee is $117,300. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Kankakee is up 15.4%. Renters make up 43.6% of the Kankakee population. The average 1-bedroom unit rents for $800/month. The average 2-bedroom unit rents for $1,050/month. The average 3-bedroom unit rents for $1,430/month. The average 4-bedroom unit rents for $1,510/month. Kankakee has an unemployment rate of 11.8%. The US average is 6.0%. Kankakee has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%. The Median household income of a Kankakee resident is $38,869 a year. The US average is $69,021 a year. Kankakee violent crime is 39.9. (The US average is 22.7) Kankakee property crime is 58.3. (The US average is 35.4) Kankakee, IL has a humid continental climate with hot summers and cold winters. Rainfall is spread throughout the year, but is heaviest in May and June. Average temperatures range from the mid-20s in winter to the mid-80s in summer. Snowfall averages around 30 inches per year, with most of it falling between December and March. Kankakee County is a county located in the U.S. state of Illinois. According to the 2020 census, it has a population of 107,502. Its county seat is Kankakee. Kankakee County comprises the Kankakee, IL Metropolitan Statistical Area. Here are the top ten employers in Kankakee County: •Olivet Nazarene University (approximately 560 employees) •Kankakee Community College (approximately 375 employees) •All Star Management (approximately 441 employees) •Midwest Transit (approximately 300 employees) •NFI Industries (approximately 260 employees) •McKesson (approximately 258 employees) •Aqua Illinois (approximately 65 employees) •Monical’s Pizza Corporation (approximately 139 employees) •Kankakee Nursery (approximately 125 employees) •K.B. Cores (approximately 125 employees)

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2026-05-12

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More details for 7665-7667 N Milwaukee Ave, Niles, IL - Retail for Sale

7665-7667 N Milwaukee Ave

Niles, IL 60714

  • Owner Financed Property
  • Retail for Sale
  • $1,564,680 CAD
  • 5,929 SF
  • Air Conditioning
  • 24 Hour Access

Niles Retail for Sale - Near North

Prime Investment Opportunity | 6% CAP Rate | Fully Leased Retail Property in Niles Exceptional opportunity to acquire a fully leased, two-unit masonry retail building in a high-visibility, high-traffic location in Niles. Positioned prominently at the corner of Milwaukee Ave and Jonquil Terrace, this property offers strong in-place income and long-term upside. Property Highlights: • 6% CAP Rate with stable, long-term tenants • 6,000+ sq ft building on a 10,564 sq ft lot • Zoned C-3 (Commercial) – ideal for a variety of uses • Two retail units: o Unit 1: approx. 3,029 sq ft o Unit 2: approx. 2,280 sq ft • Both units are fully leased with long-term lease agreements Visibility & Location: • 123.20 ft of frontage on Milwaukee Ave • Approx. 26,200 vehicles per day (VPD) for maximum exposure • Located just north of Howard & Milwaukee intersection • Easy access to major expressways, public transportation, and retail corridors Building Features: • 12–14 ft ceilings for flexible retail layouts • Well-maintained property with strong curb appeal • ADA-compliant restrooms (men’s & women’s) • Ample signage opportunities • 200-amp electrical service • Private parking lot for ~30 vehicles plus additional street parking • Professionally landscaped exterior Future Potential: • Excellent retail build-out already in place • Potential for mixed-use or redevelopment • Possible TIF incentives available through the Village of Niles Nearby Businesses: Situated among established retailers and destinations including Kouklas Ristorante, Taco Bell, Baskin Robbins, and Lone Tree Manor Banquet Hall. Additional Details: • 3 PINs: 09252110010000, 09252110020000, 09252110030000 • Please do not disturb tenants • Showings by appointment only – contact Mayur Trivedi: 847-692-2268 For security and verification purposes, online meetings are scheduled only after a proper introduction and exchange of valid contact information.

Contact:

ERA Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2026-04-28

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More details for 7613 Howe Rd, Wonder Lake, IL - Retail for Sale

Freestanding Pizzeria w/Bar 7613HR-WL-IL-PM - 7613 Howe Rd

Wonder Lake, IL 60097

  • Owner Financed Property
  • Retail for Sale
  • $456,482 CAD
  • 2,800 SF
  • Restaurant

Wonder Lake Retail for Sale - Far Northwest

Fully-Equipped Freestanding Pizzeria w/Bar Wonder Lake, IL - Property For Sale! "A Longstanding Pizzeria For Over 70 Years In The Heart Of The Wonder Lake Recreational Corridor" Listing Summary: An exceptional opportunity to acquire a freestanding restaurant and real estate in the heart of the Wonder Lake recreational corridor. This well-known property has served the community for decades under several recognizable concepts including Millie’s Pizza, Dusty’s Pizza and most recently Napoli Pizza Beach Bar. Its single-story freestanding building currently features two separate rooms, one room with a small bar with 2-door glass cooler, fireplace, seating and space for video gaming, plus a second room with vaulted ceilings, expansive windows, skylights, ample seating and access to its wrap-around deck with additional outdoor seating. As well as a fully equipped kitchen with large hood, 2 double-stack Blodgett pizza ovens, 4-burner tabletop stove, flat top grill, 2 deep fryers, convection oven, dough mixer & roller, 2-door & 3-door sandwich prep coolers, 2-door stand-up cooler, 2 single-door stand-up freezers, walk-in cooler & freezer and more. In addition to a basement for extra storage and a detached two car garage. Well established over 70 years. Asset sale with property - all furniture, fixtures and equipment (FF&E) included. Currently closed. Previous owner had a liquor and gaming license, will need to re-apply for both. Opportunity Highlights: • Single-story freestanding building on 41,132 sqft of land or .94 acre • Ample on-site parking with 32 parking spaces • Opportunity to reopen as a pizzeria, lake-themed dining, beach-style restaurant, tavern, sports bar, entertainment venue or event space • Flexible building layout adaptable to multiple hospitality concepts • Potential to also add an outdoor patio for additional seasonal lake-lifestyle dining • Highly recognizable location with a long history of local favorite dining concepts Ideal For: • Pizza place • Family restaurant or casual dining spot • Tavern, lake-themed bar or sports bar • Live music or entertainment venue • Event or private party venue With the property included in the sale, buyers have the flexibility to reimagine the concept and build long-term value in a highly desirable lake community. Location: Prime retail space in a freestanding building with pole sign and its own parking lot for 32 vehicles. Perfectly situated along Howe Rd, a primary east-west corridor connecting residential communities throughout Wonder Lake, the property benefits from excellent visibility, convenient access and proximity to numerous lakefront neighborhoods, parks and marinas. Well positioned just moments from Wonder Lake itself - one of McHenry County’s most popular boating, fishing and lake recreation destinations. The area attracts a steady mix of year-round residents, lake homeowners, weekend visitors and seasonal tourism traffic, creating an incredible opportunity for a buyer to introduce their own concept. Location Highlights: • Strong visibility along the Howe Rd corridor • Surrounded by established lakefront residential communities & seasonal cottages • Positioned near Wonder Lake’s recreational shoreline & boating community • Near several other recreational areas & community attractions Nearby Destinations & Local Drivers: • Wonder Lake waterfront & marinas • Multiple public boat launches & lake access points • Wonder Lake State Park - over 3,000 acres of trails, wildlife habitat & outdoor recreation • Local parks, campgrounds & various other outdoor destinations • Popular snowmobile routes & winter recreation trails • Growing residential developments throughout Wonder Lake & McHenry County Serving: • Local families & nearby neighborhoods • Lake residents • Vacation homeowners & weekend visitors • Boaters & recreational users • Seasonal tourism traffic Year Established: 1955 Millie’s Pizza, 1992 Dusty’s Pizza, 2020 Napoli Pizza Beach Bar Property Information: One-story brick building with two car garage. Built in 1939. On 41,132 sqft of land or .94 acre. Class B. Real estate taxes ~$10,000. Square Feet: 2,800 + Basement. Seating: 60 Inside & 40 Outside. Days/Hrs of Operation: Closed. Value of FF&E: Included In Asking Price (Valued at $50,000). Seller Financing Available: No. Reasons for Selling: Retiring. Competition/Market: Wonder Lake is one of McHenry County’s most unique recreational communities, centered around a large 840-acre private lake (Wonder Lake) known for boating, fishing, waterskiing, snowmobiling and year-round outdoor activities. Its surrounding neighborhoods include thousands of lakefront homes, cottages and residential communities, creating a loyal local customer base. The area experiences significant seasonal visitation, particularly during the warmer months when boating & lake recreation bring additional traffic to local restaurants/gathering spots. Growth & Expansion: Standalone restaurant properties in lake communities rarely come to market. Your chance to own both the building and real estate in one of McHenry County’s most recognizable recreational areas. Its history as a longstanding area destination demonstrates its viability as a gathering place for locals and visitors alike. Boasts year-round traffic with strong seasonal peaks during spring, summer, fall and winter recreation seasons. With the right vision/concept, a new owner can reestablish the property as Wonder Lake’s next popular dining and social destination! If interested, please email Pat Mahoney at Pat@eatz-associates.com or call 847-208-9569 for more information. Showings by appointment only. Listed by Pat Mahoney & Tom Traina at EatZ & Associates/EatZ Real Estate Group LLC

Contact:

EatZ Real Estate Group LLC

Property Subtype:

Restaurant

Date on Market:

2026-04-14

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More details for 560 S Homan Ave, Matteson, IL - Land for Sale

5.75± Acres R-2 Residential Development Site - 560 S Homan Ave

Matteson, IL 60443

  • Owner Financed Property
  • Land for Sale
  • $632,052 CAD
  • 5.75 AC Lot
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More details for 317 S State St, Westville, IL - Hospitality for Sale

Silver Motel - 317 S State St

Westville, IL 61883

  • Owner Financed Property
  • Hospitality for Sale
  • $491,596 CAD
  • 3,463 SF
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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
  • $841,331 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 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
  • $1,053,420 CAD
  • 7.13 AC Lot
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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
  • $1,193,876 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
  • $3,722,083 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 4249 E State St, Rockford, IL - Office for Sale

Regency Plaza - 4249 E State St

Rockford, IL 61108

  • Owner Financed Property
  • Office for Sale
  • $1,474,788 CAD
  • 18,134 SF
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More details for 735 E 88th St, Chicago, IL - Multifamily for Sale

735 E 88th St

Chicago, IL 60619

  • Owner Financed Property
  • Multifamily for Sale
  • $698,769 CAD
  • 4,236 SF
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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
  • $2,598,436 CAD
  • 9,500 SF

Lockport Flex for Sale - Joliet/Central Will

EXCEPTIONAL C-2 COMMERCIAL OPPORTUNITY HIGH-TRAFFIC INTERSECTION - LOCKPORT, IL SELLER FINANCING / LEASE 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 C-2 / Apprx. .75 Acre Site IDEAL USES: Collectable Car Storage Automotive Sales & Transportation Healthcare & Physical Therapy Church / Mosque Car Dealership - showroom space with service capabilities Motorsports 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 2026. 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. C2 zoning with a guard resident permit. 200+ person occupancy rating. Fully sprinklered OH-2 coverage for maximum safety compliance. 2 front sections accommodate roll-up doors (16'x10' ground level) 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. 4 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 level 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. 60-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. Boutique Data Center - air-gap / sandbox environment Healthcare & Professional Services: Healthcare Facility - ample parking and accessibility compliance. Mental Health Facility - private meeting rooms / offices. 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 a 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 city challenges. UPCOMING IMPROVEMENTS: Summer 2026: 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 2026/7. 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 Former St. Michael Catholic School – for Sale, Chicago, IL

Former St. Michael Catholic School

  • Owner Financed Property
  • Mixed Types for Sale
  • $1,404,560 CAD
  • 4 Properties | Mixed Types

Chicago Portfolio of properties for Sale - South Chicago

RARE PORTFOLIO OPPORTUNITY - EXCEPTIONAL INVESTMENT OPPORTUNITY! Former St. Michael Catholic School portfolio featuring 6 properties on separate PINs including church, rectory, school buildings, 2-unit with retail storefront, and single-family home. Substantial square footage across multiple buildings just blocks from Lake Michigan in South Shore. Located minutes from new data center development - prime positioning for tech-related adaptive reuse! Portfolio includes: multi-story main school with numerous classrooms, multi-stall bathrooms, basement food prep area, lunchroom/recreation hall, plus single-story annex with additional classrooms, bathrooms, and food prep area, multi-story convent, church, and 2-unit with retail providing immediate income potential. RS-3 zoning allows residential, community, civic & commercial uses. Institutional-quality construction perfect for creative redevelopment. Data center proximity creates unique opportunities for office space, tech facilities, or specialized uses. Ideal for investor/developer seeking diverse income streams - excellent for multi-unit residential conversion, mixed-use development, or commercial applications. Properties can potentially be purchased separately. Additional parking potential available through adjacent properties on S. South Shore Drive. All properties sold AS-IS. Buyer to verify all information. Bring your vision to this unique offering in emerging tech corridor! Contact Brittany Ramsey for more details and private showings. Seller financing and lease to own available with portfolio.

Contact:

Keller Williams ONEChicago

Property Subtype:

Mixed Types

Date on Market:

2025-10-10

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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
  • $2,106,840 CAD
  • 2.50 AC Lot
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More details for 20604 Burl Ct, Joliet, IL - Industrial for Sale

20604 Burl Ct

Joliet, IL 60433

  • Owner Financed Property
  • Industrial for Sale
  • $4,135,025 CAD
  • 5,500 SF
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More details for 214 Raffel Rd, Woodstock, IL - Land for Sale

8.7 Acre Development Site 0% Owner Financing - 214 Raffel Rd

Woodstock, IL 60098

  • Owner Financed Property
  • Land for Sale
  • $560,419 CAD
  • 8.67 AC Lot
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