Chicago Portfolio of properties for Auction - Northwest City

Date on Market:

2026-06-16

Chicago Retail for Sale - South Chicago

This offering presents a rare opportunity to acquire a low price point absolute NNN ground lease providing truly passive, management-free ownership with secure in-place cash flow. The asset is leased to Wendy’s, a globally recognized quick-service restaurant brand operating more than 7,000 locations worldwide, offering a strong tenant profile and long-term stability. As a drive-thru QSR, the property benefits from one of the most sought-after sectors in the net lease market, driven by consistent consumer demand, resilient performance, and strong investor appetite. Strategically located along the heavily trafficked Western Avenue corridor in Chicago, the site offers excellent visibility and access to dense surrounding neighborhoods. The property is further supported by a highly populated trade area, with approximately 700,000 residents within a five-mile radius, providing a deep and diverse customer base that drives consistent foot traffic and long-term performance. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

Property Subtype:

Fast Food

Date on Market:

2026-07-21

Chicago Retail for Sale - South Chicago

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single tenant, net leased KFC located at 6040 South Archer Avenue in Chicago, Illinois (the “Property”). The Property is leased to FQSR, LLC, a subsidiary of KBP Brands, the largest KFC Franchisee with over 1,100 restaurant locations across its concepts. The Absolute NNN Lease currently has over 5 years of term remaining, followed by three (3), 5-year renewal options. The lease features attractive 10% rent increases every 5 years throughout the base term and option periods. The Property is strategically located along S Archer Avenue, a highly trafficked commercial corridor serving Chicago’s Southwest Side. The site benefits from excellent visibility, convenient access, and proximity to a dense residential population base, established retail destinations, and numerous daily-needs services. The Property is positioned near major transportation arteries, including Interstate 55 and Cicero Avenue, providing connectivity throughout the Chicago metropolitan area. Supported by strong surrounding demographics, a well-established trade area, and its location within one of the nation’s largest and most diverse metropolitan markets, the Property offers a compelling opportunity to acquire a mission-critical quick-service restaurant asset with a strong national franchisee and durable long-term demand.

Property Subtype:

Fast Food

Date on Market:

2026-07-20

Oak Park Retail for Sale - Oak Park Area

Position your business in one of the most established and highly visible commercial corridors in the western suburbs. Located at 7045 W. North Avenue, Oak Park, Illinois, this approximately 5,000-square-foot commercial building offers exceptional frontage, outstanding visibility, and flexible space suitable for a wide variety of retail, medical, showroom, office, and service-oriented users. Offered at $725,000, this property presents a rare opportunity to acquire commercial real estate in one of the Chicago area's most desirable and supply-constrained submarkets at an attractive price of approximately $145 per square foot. The property features approximately 50 feet of frontage on heavily traveled North Avenue with exposure to more than 28,000 vehicles per day, providing excellent signage and brand visibility. The open-concept interior allows for efficient space planning and can easily accommodate medical offices, dental practices, physical therapy, professional services, specialty retail, furniture or design showrooms, boutique fitness concepts, educational facilities, and other commercial uses. Recent capital improvements include a new roof (2017) and HVAC system (2021), allowing a purchaser to occupy or reposition the property with minimal immediate capital expenditures. The building also benefits from rear private parking, alley access, and excellent accessibility for customers and employees. Strategically located just east of the busy Harlem Avenue and North Avenue intersection, the property serves the affluent communities of Oak Park, River Forest, Galewood, and Elmwood Park while offering convenient access to Interstate 290, Interstate 90/94, CTA bus routes, and nearby Metra stations. The surrounding trade area continues to experience significant public and private investment, including a new Rush University Medical Center outpatient facility, new multifamily residential development, and continued retail growth. These projects are expected to increase daytime population, consumer spending, and demand for healthcare, retail, restaurant, and professional office users. Nearby national retailers and service providers include Starbucks, Walgreens, Bank of America, Chase, PNC Bank, Fresh Thyme, Orangetheory Fitness, The UPS Store, and numerous established local businesses, creating a strong commercial environment with consistent customer traffic. With strong demographics, exceptional visibility, flexible commercial zoning, and continued investment throughout the surrounding area, 7045 W. North Avenue represents an outstanding opportunity for owner-users seeking to control occupancy costs or investors pursuing long-term appreciation in one of metropolitan Chicago's most stable commercial markets.

Property Subtype:

Storefront

Date on Market:

2025-11-23

Chicago Multifamily for Sale - Northwest City

Flexible Commercial Opportunity The property's B1-2 Neighborhood Shopping District zoning and highly adaptable floor plan make it particularly attractive for a wide range of commercial users and investment strategies. The existing layout, combined with three entrances and separately metered utilities, creates exceptional flexibility for both owner-users and investors. A Rare Commercial Offering Along Clark Street Commercial opportunities offering this combination of size, parking, flexibility, and visibility are becoming increasingly difficult to find in Chicago's highly desirable Andersonville and Uptown corridor. The property's 40-foot Clark Street frontage, approximately 4,000 square feet of contiguous space, and six deeded parking spaces—including four indoor garage spaces—represent amenities that are exceptionally uncommon in neighborhood retail districts. Whether acquired as a flagship owner-user location, a multi-tenant investment property, or a long-term commercial holding, 4420 N. Clark Street offers a unique opportunity to establish a presence along one of Chicago's most vibrant neighborhood retail corridors. Surrounded by a thriving mix of restaurants, boutiques, service businesses, and established residential communities, the property is ideally positioned to benefit from the continued growth, investment, and enduring appeal of the Clark Street commercial district.

Property Subtype:

Apartment

Date on Market:

2026-07-17

Chicago Retail for Sale

Midwest Investment Advisors with KW Commercial and Keller Williams ONEChicago presents an opportunity to acquire an established automotive repair facility with substantial adjacent commercial land at the signalized intersection of 69th Street and Ashland Avenue in Chicago. The offering encompasses 36,795 square feet of contiguous land (0.84 acre), featuring a 9,150-square-foot automotive repair and retail building on a 10,780-square-foot parcel, along with an additional 26,015 square feet of gated land. Zoned B3-3, the site allows for continued automotive operations, commercial use, business expansion, or potential redevelopment, subject to approvals. The property has operated as a family-owned collision and auto repair business since 1969 and is currently managed by its second-generation owner, reflecting long-term neighborhood demand and the viability of automotive-related services. Existing infrastructure and active utility connections support current or expanded operations, with ample space for customer parking, vehicle staging, tow-truck circulation, fleet storage, and parts storage. Located directly across from major neighborhood traffic generators such as Food 4 Less with a fuel center, Chase Bank, Bank of America, Foot Locker, Little Caesars, and Subway, the site benefits from consistent daily traffic and strong area retail synergy. Offered at $875,000, the property includes 36,795 square feet of land with a 9,150-square-foot building, priced at $23.78 per square foot of land and $95.63 per square foot of improvements. This property provides multiple strategic options, including continued automotive use, owner occupancy, leasing, fleet operations, service retail, business expansion, or comprehensive redevelopment, making it an exceptional opportunity for investors and developers seeking a highly visible urban site with significant land and existing improvements.

Property Subtype:

Auto Repair

Date on Market:

2026-07-15

Chicago Retail for Sale - Northwest City

6000 W Montrose Avenue is a former bank building with a drive-thru available for sale in Jefferson Park. See attached survey detailing lots 13-16 with approximately 107.62' on Montrose and 125' on Austin for approximately a 1/3 acre parcel with about 1,600 sf of retail space. North Austin Avenue has traffic counts of 12,024 - 14,747 vehicle per day while West Montrose Avenue has 17,787 - 19,557 vehicles per day. In the 2-mile radius 4,990 businesses employe 39,971 workers providing a large flow of consumers in the corridor. Population in the 2-mile radius is 142,691 from 52,733 households with average household income of $113,272 and median household income of $91,350. CTA Bus route #78 (Harlem/Forest Preserve and Montrose/Marine Drive) & #91 (Austin/Roosevelt and Jefferson Park Transit Center). Wilbur Wright College is 1/2 west at Montrose and Narragansett while Rickover Naval Academy is 3 blocks SE at 5700 W Berteau

Property Subtype:

Bank

Date on Market:

2026-07-15

Cicero Retail for Sale - Cicero/Berwyn Area

Positioned along a high-visibility corridor in central Cicero, this commercial property offers a versatile opportunity for operators and investors. The site has historically functioned as an auto dealership, encompassing eight city lots with a central 3,600 square foot building that includes an office area, garage space, a dedicated detail room, and a mechanic shop. The improvements feature three-phase electrical service, water, gas connections, and two automotive lifts, providing a fully equipped infrastructure suitable for automotive, service-driven, or adaptive reuse concepts. Located just six blocks from Interstate 290 with close proximity to Highway 55, the property benefits from efficient connectivity to downtown Chicago and the broader metro area. The surrounding trade area includes dense residential neighborhoods and a robust commercial corridor, creating a steady flow of vehicular traffic and customer visibility. This property is ideal for investors seeking a redevelopment opportunity or businesses requiring operational support for service or retail functions in a well-established, accessible location.

Property Subtype:

Auto Repair

Date on Market:

2026-07-13

Chicago Retail for Sale - South Chicago

HRE is pleased to present a rare Cook County income-producing retail property located in the City of Chicago. 2501–2517 W. 79th Street is a 10-unit neighborhood strip center positioned along an established commercial corridor within the Auburn Gresham / Ashburn trade area. The property offers investors a strong combination of in-place cash flow, long-term tenant history, immediate lease-up upside, and future redevelopment optionality. The asset is currently income-producing with a diversified tenant mix and several tenants that have operated at the property for more than 10 years. This long-term occupancy history demonstrates the property’s importance as a neighborhood-serving retail center and supports the stability of the investment. The property currently has one vacancy, creating an immediate opportunity for a new owner to increase income through lease-up. A similar unit was recently leased at $2,250 per month, supporting a projected rent of $2,200 per month for the vacant space. The current corrected annual gross rental income is approximately $134,280, with a corrected current NOI of approximately $64,937. At the $595,000 list price, the property is being offered at an estimated 10.9% current cap rate. The value-add story is especially compelling due to older lease structures, month-to-month tenants, and below-market rents. The property also benefits from a recent property tax reduction of $13,104, improving the operating expense profile and strengthening the investment return. Located along W. 79th Street with approximately 11,800 vehicles per day, the center offers strong visibility and accessibility for small-bay retail, service, office, daycare, beauty, religious, and community-oriented tenants. In addition to the current income-producing use, the site offers long-term optionality through the preliminary District 79W redevelopment concept. The concept envisions a future mixed-use community development with affordable senior housing and ground-floor retail/medical space. This gives an investor the ability to acquire a cash-flowing Chicago retail asset today while preserving the opportunity to evaluate a larger redevelopment strategy in the future. This is a rare opportunity to acquire a Chicago neighborhood retail center with current income, long-term tenancy, near-term lease-up upside, significant pro forma growth potential, and future development optionality.

Property Subtype:

Storefront

Date on Market:

2026-07-08

Chicago Multifamily for Sale - Northwest City

High image retail / office space with 10'10" and 13' ceilings on the 1st floor and fully built out office space in the lower level with full kitchen and bathroom.

Property Subtype:

Apartment

Date on Market:

2026-07-07

Chicago Retail for Sale - Northwest City

Great opportunity to own this very unique, vintage well-kept mixed-use building in desirable Logan square neighborhood. Zoned B1-1 Commercial unit formerly a restaurant has plenty of space in the basement for storage. (2) 2-bedroom, 1 bath, (1) 3-bedroom, 1 bath and dining room. Each unit has individual central air, heat and electric. Hardwood floors throughout the apartments. 2 Car brick garage. Plenty of street parking. Public transportation in the corner. Heavy traffic, prime business area, approx. 1 block from Metra train, 1 mile to Bue line, near I-90 Don't miss this opportunity to buy in one of the hottest neighborhoods in Chicago. Pending lease for the 1,209 SF commercial space on the first floor at $4800 per month. The tenant is a fast and casual restaurant and retail food establishment.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-07-02

Rosemont Retail for Sale - O'Hare

Matthew M. Fitzgerald License # 471021676, 478027547 (IL) Matthews Real Estate Investment Services, Inc 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

Property Subtype:

Freestanding

Date on Market:

2026-06-30

Chicago Retail for Sale - Northwest City

4-year-old New Construction steel and glass building, 3-unit building - 1 retail and 2 residential, Retail Available for use or rent at market rate, both retail and residential are perfect for an owner user or investor, Retail has 16 Ft. Ceilings, 2,400 SF of space plus potential mezzanine, floor to ceiling windows and black iron ready. Residential units are both 3-bedroom 2 bath with large deck or roof top deck with skyline view of the Chicago skyline, each unit is condo quality with high-end finishes including modern cabinetry, SS appliances, hardwood throughout, central HVAC and Washer Dryer. Sits in the heart of Wicker Parks Entertainment district. Steps to Division St. Blue Line L stop, Divvy station and bus stop in 6 directions. Kennedy Expressway is 4 blocks from this location. Area Tenants include Jewel, Wendy's, Bangers and Lace, Potbelly, Verizon, Lowes Hardware, Pet Supply Plus, Starbucks and many more

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-06-29

Chicago Office for Sale - Northwest City

Prime Investment Opportunity Vacant Space

Property Subtype:

Office/Residential

Date on Market:

2026-06-28

Chicago Retail for Sale - Northwest City

This rare East Rogers Park asset offers an ideal opportunity for investors or developers seeking a versatile property in a highly transit-oriented location. Situated three blocks from Lake Michigan and adjacent to the CTA Jarvis Red Line Station, the site spans 24,302 SF with a 15,000 SF existing building footprint. Zoned C2-3 with generous 3.0 FAR, the property allows for significant redevelopment—potentially up to 63 dwelling units by right on upper floors complemented by quality ground-floor commercial spaces. Currently configured as an auto body shop with two retail storefronts and three residential units, this address combines existing cash flow with long-term development upside. Its proximity to beaches, dense urban housing, and strong retail corridors enhances its appeal for multifamily, retail, or mixed-use concepts. The property’s walkable neighborhood and immediate access to public transit underscore its viability for a transit-oriented development (TOD) strategy in one of Chicago’s most vibrant communities.

Property Subtype:

Freestanding

Date on Market:

2026-06-25

Chicago Retail for Sale - Northwest City

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an investment property located at 4044-4046 W North Avenue in Chicago, Illinois (the “Property”). The Property is vacant and is improved by a 4,500 square foot two-story mixed-use building on a 3,125 square foot (0.07-acre) parcel of land. The Property offers a commercial suite on the first floor, a nicely appointed residential unit on the second floor, and two (2) uncovered parking spaces. The Property is zoned B1-2 Neighborhood Shopping District, one of the most versatile zoning designations in the city of Chicago. The Property offers the opportunity to lease the Property as an investment opportunity or to use the Property as an owner-user opportunity. The Property is well-located along W North Avenue in Chicago’s Humboldt Park neighborhood, a high-density, inner-urban core neighborhood 6-miles west of Downtown Chicago. The Property is convenient to the area’s primary commercial corridors, W North Avenue and N Cicero Avenue, and offers easy access to the the Pulaski and Cicero Stations (CTA Green Line) and Western Metra Stations (MD-W Line). The high-demand for real estate with proximity to “L” Stations, area schools and primary commercial corridors, make this a great opportunity for an investor seeking an owner-user or repositioning site in Chicago.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-06-24

Chicago Retail for Sale - Northwest City

Essex Three-Twelve is exclusively engaged in the sale of 5337-5353 W Devon Avenue, a 10,683 square foot, seven-unit retail strip center in the Edgebrook neighborhood of Chicago. Six of seven suites are occupied by a diversified mix of service, food-and-beverage, and fitness tenants on leases extending through 2027 and 2028. All leases are structured on a net basis, with tenants responsible for their pro-rata share of real estate taxes, insurance, and operating expenses, a landlord-favorable structure that significantly reduces ownership costs and provides exceptional income predictability. At current occupancy, the property generates an NOI of $83,346, reflecting a going-in cap rate of 4.76%. The sole vacancy, a 2,400 SF suite with a projected market rent of $17.00/SF, is the single lever required to achieve full stabilization. Upon lease-up, NOI is projected to grow 66% to $138,687, driving a stabilized cap rate of 7.92%, a cash-on-cash return of 7.09%, and a debt coverage ratio of 1.56x. Devon Avenue is a well-established, high-traffic retail corridor serving a dense and affluent residential base. The B3-1 zoning accommodates the broadest range of retail and service uses, providing maximum flexibility in lease-up strategy. For investors seeking a predominantly stabilized retail asset with an executable path to enhanced yield, 5353 W Devon Avenue presents a compelling opportunity in the Chicago North Side market.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-06-23

Skokie Retail for Sale - Near North

CBRE is pleased to offer, as the exclusive advisor, the opportunity to acquire 100% fee interest in a 6,150 square-foot, two-tenant property located in the affluent northern suburb of Skokie, Illinois, approximately 16 miles from Chicago's Central Business District. The site is ideally situated at the convergence of two of the highest-traffic retail centers in the Chicago MSA: Village Crossing (722,000 SF, ranked in the top 2% of community shopping centers nationally) directly to the south, and Pointe Plaza (325,700 SF, ranked in the top 8% nationally) just to the west. Touhy Avenue, carrying 36,900 vehicles per day, serves as the primary east-west corridor linking Chicago's northwest side with some of the most affluent suburbs in the metro area. The property is 100% occupied, highlighted by the recent opening of Dave's Hot Chicken on a new 10-year lease and Bank of Hope's 7-year lease renewal.

Date on Market:

2026-06-23

Park Ridge Retail for Sale - O'Hare

1030 W Touhy Avenue in Park Ridge, Illinois is being offered for sale at an asking price of $1,475,000. The property consists of a single-story, 1,350-square-foot retail building situated on approximately 0.29 acres. Positioned along Touhy Avenue with strong traffic counts exceeding 28,700 vehicles per day, the asset presents a compelling opportunity for investors or owner-users seeking exposure in a highly trafficked suburban retail corridor. The site’s configuration, zoning, and frontage provide additional upside through potential redevelopment or continued use as an auto service facility.

Property Subtype:

Auto Repair

Date on Market:

2026-06-22

Chicago Multifamily for Sale - Northwest City

Prime new construction 1,850 SF retail/flex/office space available at 2078 N. Western Ave in the heart of Bucktown. Delivered as a vanilla box, the space features floor-to-ceiling storefront windows, abundant natural light, a finished restroom, and an in-unit fire sprinkler system. Ideal for retail, showroom, fitness, wellness, medical, or office users. High-visibility location on Western Avenue with strong vehicle and pedestrian traffic. Conveniently located near the CTA Blue Line and surrounded by popular restaurants, boutiques, and national retailers in one of Chicago's most sought-after commercial corridors.

Property Subtype:

Apartment

Date on Market:

2026-06-16

Chicago Retail for Sale - South Chicago

Investors are offered the rare opportunity to acquire a 20,815 square foot unanchored strip center located in one of the most supply constrained markets in the country. Lake Park Plaza is ideally positioned at the hard corner, lighted intersection of 47th Street and Lake Park Avenue, less than one quarter mile from Lake Michigan. The center features direct access off Lake Shore Drive (108,300 vehicles per day) and is situated steps from the Kenwood Metra Station. Surrounding Lake Park Plaza are numerous high density residential complexes which provide a steady stream of patrons to tenant base. The Kenwood/Hyde Park area is densely populated and affluent with a daytime population of 110,737 people within a two-mile radius and an average household income of $128,057 within a 0.5-mile radius. Area landmarks include the University of Chicago, world renowned University of Chicago Medical Center and the Obama Presidential Center. Underpinning the center’s exceptional location are strong property level fundamentals. Lake Park Plaza benefits from a secure weighted average lease term (WALT) of 5.34 years. NOI growth is strong as all tenant leases have annual rent increases, resulting in a five-year CAGR of 2.74 percent. Furthermore, the tenant roster contains an optimal mix of food and service users, providing an investor with a true daily need/necessity-based center.

Property Subtype:

Storefront

Date on Market:

2026-06-15

Alsip Retail for Sale - Near South Cook

SVN Chicago Commercial proudly presents this amazing auto repair business and real estate for sale at the very busy stoplighted intersection of 123rd and Cicero Ave. The current owner has been operating at this location since 2011. With its prime location, this property would be a perfect addition to anyone's auto-related portfolio, but can also be an excellent redevelopment site. Seller financing is available with a 50% down payment! This property boasts 2 bays, 4 lifts, and a 2-stage air compressor. There is outdoor parking on site, and the lot has been recently restriped. The building is equipped with triple basin drainage, security cameras, and window air conditioners. The digital marketing sign is leased by the Village of Alsip, and they pay $6,800/year.

Property Subtype:

Auto Repair

Date on Market:

2026-06-12

Chicago Retail for Sale - South Chicago

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Garfield Ridge branch of the Chicago Public Library, a single tenant investment property located at 6348 S Archer Avenue in Chicago, Illinois (the “Property”). The Chicago Public Library has been at this location since 2005 and has recently extended its lease demonstrating commitment to the site and the location. The Chicago Public Library has 8+ years remaining on their 10-year extension. The lease includes attractive 3% annual rental increases. The Garfield Ridge branch of the Chicago Public Library occupies a highly visible corner location at the signalized intersection of S Mulligan Avenue, W 55th Street, and S Archer Avenue, the area’s primary commercial and commuter corridor. The Property benefits from strong traffic counts, excellent frontage, and convenient access in a well-established commercial trade area. Surrounded by a mix of national and local retailers, restaurants, and service providers, the site draws from consistent daily consumer traffic generated by the surrounding commercial density and mature residential base. The Property also offers exceptional regional connectivity, with quick access to S Cicero Avenue (IL Route 50), S Harlem Avenue and Interstate 55, providing direct linkage to Downtown Chicago and the broader Chicagoland MSA. The site is positioned along the CTA bus line and is convenient to several train stations (Amtrak, CTA Orange Line and BNSF Metra Line).

Property Subtype:

Freestanding

Date on Market:

2026-06-11

Chicago Retail for Sale - Northwest City

Position your business in one of Chicago's most desirable neighborhood commercial corridors. This 1,576-square-foot, single-story commercial building at 1434 W. Montrose Avenue offers a highly functional layout, excellent street presence, and a prime location surrounded by a strong mix of established retailers, restaurants, service businesses, and residential density. Currently configured as professional office space, the property features a bright and welcoming front area with large storefront windows that provide abundant natural light and outstanding visibility along Montrose Avenue. The efficient floor plan includes an updated kitchenette, an ADA-compliant restroom, a spacious private office, and additional storage space, making it well-suited for a variety of office, retail, medical, wellness, showroom, or service-oriented uses. The property benefits from exceptional neighborhood demographics and outstanding co-tenancy within the surrounding trade area. Located in the vibrant Ravenswood/Lincoln Square corridor, the area is home to a diverse mix of successful local businesses, destination dining, boutique retail, and professional services, creating consistent foot traffic and a strong customer base. Whether for an owner-user seeking a standalone presence, an investor looking for a well-positioned asset, or a tenant seeking a turnkey commercial space, 1434 W. Montrose Avenue presents a unique opportunity in one of Chicago's most sought-after North Side neighborhoods.

Property Subtype:

Storefront

Date on Market:

2025-08-25