Chicago Retail for Sale - Northwest City

Unique 2,800 SF commercial building with 22.5' high ceiling in the heart of Wicker Park (Polish Triangle). Highly visible building next to Popeye's at the corner of Ashland and Division. No columns or pillars inside the space. Partial basement with 7' ceiling. This is a superb, high traffic location, steps from the busy Division CTA Blue Line L-stop. Ashland Avenue sees 23,400 vehicles per day and Division Street sees 15,400 vehicles per day. The immediate area has a lively mix of bars, restaurants and well-known retailers. It is also easy to access from I90/94 (two blocks away).

Date on Market:

2024-07-16

Barrington Retail for Sale - Central Northwest

Seize the opportunity to own a highly visible retail/office building in the bustling heart of downtown Barrington. This well-maintained, all-brick property offers flexibility and high foot traffic, making it perfect for service or retail businesses. The building currently features two units: a 1,546 SF unit on the main floor, which is owner-occupied and will be vacant upon closing, and a 620 SF unit leased to "Grand Frame" with four years remaining on their lease. Additionally, there is a 400 SF unit on the second floor. The 1,546 SF unit has the potential to be divided, allowing for a third unit if desired. The property includes ten convenient parking spots in front of the building, with additional parking available in a nearby village-owned lot by permit. Its prime downtown location ensures exceptional visibility, attracting attention from both pedestrians and drivers. This property's strategic location and structural integrity offer a unique opportunity for investors and business owners alike. Don't miss out on this prime downtown Barrington location.

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-07-02

Oak Park Retail for Sale - Oak Park Area

Ground lease secured by Wendy's Corporation since 1985.

Property Subtype:

Fast Food

Date on Market:

2024-07-02

Arlington Heights Retail for Sale - Schaumburg Area

A rare 12,000 SF commercial building (plus 6,000 SF basement) on a 0.62-acre site in Arlington Heights’ rapidly developing Hickory-Kensington Redevelopment District. The building is currently divided into three equally sized tenant spaces used for auto repair and auto sales, with lease expirations on 5/31/2027, 5/31/2028, and 6/1/2028—providing short-term income and flexible timing for future owner use or redevelopment. Appeal to Owner-Users (Auto / Fleet / Service / Trades) 12,000 SF main level with open, functional layouts suitable for auto repair, fleet operations, contractor shops, light industrial, or showroom/sales. Large 6,000 SF basement ideal for parts storage, inventory, or overflow. Ample frontage on Northwest Hwy for branding and visibility. Drive-in access and service-friendly configuration already in place. Short remaining lease terms allow a buyer to occupy all or part of the building in the near term. Appeal to Developers Located within the Core Area of the Hickory-Kensington Plan — the Village’s highest-priority redevelopment zone. Highlights: Surrounded by significant new residential and mixed-use projects, including a brand-new four-story development directly north. Village encourages 2+ story mixed-use redevelopment, with retail/restaurant/service on the ground floor and residential above. Strong walkability and close proximity to Downtown Arlington Heights and the Metra station. One of the few remaining sites of this size that has not yet been redeveloped. Development Potential The Village’s plan supports: Mixed-use buildings with commercial at grade and residential above. Restaurants, breweries, service retail, and other neighborhood-oriented uses. Higher density projects upon discussion with the Village. Redevelopment that strengthens the tax base and complements surrounding new construction. Investment Highlights High-demand corridor undergoing extensive transformation. Strong municipal support for redevelopment aligned with the area plan. Existing income + future upside through owner-use or mixed-use redevelopment. One of the last strategic parcels in the district not yet redeveloped. Summary 666 E Northwest Hwy offers a rare dual-path opportunity: Immediate value for an owner-user seeking a functional automotive or service-based facility, or A prime redevelopment site positioned at the heart of Arlington Heights’ most active growth district. Whether your plan is operational, investment-focused, or ground-up redevelopment, this site delivers visibility, flexibility, and long-term upside.

Property Subtype:

Auto Dealership

Date on Market:

2024-07-02

Chicago Retail for Sale - Northwest City

Seize the chance to own a prime two-story restaurant property, formerly home to Bristol. This warm, second-generation space is perfect for a neighborhood eatery and bar. Key features include grand wooden bi-folding doors for an inviting al-fresco experience, charming exposed brick walls, built-in bars on each floor and a large exhaust hood. Located on Damen Ave., a bustling, pedestrian-friendly street renowned for its acclaimed restaurants. Refer to links below for more info on this and other hospitality listings, including restaurants, bars/taverns, entertainment venues, breweries, dispensaries and much more. Stay in the know and receive the latest by joining our email list and private Facebook Group page by visiting our website or clicking the links below.

Property Subtype:

Restaurant

Date on Market:

2024-07-01

Chicago Retail for Sale - Northwest City

Bond Coffee Collective at the SE corner of California and Howard is a turn-key cafe available for new ownership. Everything is ready to go for an experienced operator. Over 22,000 vehicles pass the property daily. The 2-mile population is 167,658. Check out the photos to see inside or call for a personal tour. Three pins: 10-25-400-006; 10-25-400-005; 10-25-400-051

Property Subtype:

Fast Food

Date on Market:

2024-06-30

Chicago Retail for Sale - South Chicago

Two story restaurant building for sale in the heart of Little Italy on Taylor Street! ADA-compliant with 18' hood, fridge and freezer walk-ins. Includes basement and private party room, plus a rooftop. Excellent visibility along Taylor Street, surrounded by restaurants, retail shops and steps to UIC and the Illinois Medical District. 2,450 SF 1st floor and 991 SF 2nd floor. This listing is also available for lease. For those interested, contact the agent MJ Weinberger mj@straussrealty.com

Property Subtype:

Restaurant

Date on Market:

2024-06-06

Schaumburg Retail for Sale - Schaumburg Area

This property offers investors a rare chance to acquire a well-located neighborhood retail and service center in Schaumburg, IL. Positioned on W Wise Road, the asset benefits from excellent visibility and convenient access to regional transportation corridors, including I-90 and IL-390, placing it within minutes of O’Hare International Airport and the broader Chicago metro. The surrounding area boasts robust demographics, with a dense residential base and strong household incomes driving consistent retail demand. Current tenancy, fully leased to long term tenants, provides stable cash flow, while the property’s configuration and zoning allow for future enhancements or tenant mix optimization. This is an ideal acquisition for investors seeking a value-add opportunity in a thriving suburban market with long-term growth potential.

Property Subtype:

Auto Repair

Date on Market:

2024-06-05

Burbank Retail for Sale - Near South Cook

Restaurant For Sale! Real Estate & Business! In business for over 50 years! Over 70,000 cars per day on Harlem Ave, great visibility!

Property Subtype:

Restaurant

Date on Market:

2024-06-04

Chicago Retail for Sale - Northwest City

Explore an exceptional investment opportunity with this 3,234 SF retail building, exuding timeless appeal since its establishment in 1963. This well-maintained property, zoned 1 to accommodate various commercial uses, offers 100% occupancy, guaranteeing immediate returns for the discerning investor. Situated in the heart of the dynamic Chicago market, the prime location affords high visibility, easy accessibility, and prominent signage opportunities, ensuring maximum exposure for retail operations. With a robust infrastructure and proximity to major transportation routes and public transit, this property stands as a compelling investment in the thriving retail landscape. Don't miss the chance to secure a lucrative asset in this coveted market.

Property Subtype:

Freestanding

Date on Market:

2024-05-22

Midlothian Portfolio of properties for Sale - Near South Cook

A totally updated from A-Z mixed-use commercial brick building located in the heart of the Midlothian business district. fully leased, consists of a spacious hair salon with two bathrooms & an apartment unit in the back, with 7 parking spaces. a possible second studio apartment unit in the salon area for future added income. new tuckpoint, new water heaters. multiple PIN numbers included (vacant land for sale separately for $119,900 and the mixed used building for $319,900

Property Subtype:

Mixed Types

Date on Market:

2024-05-22

Chicago Retail for Sale - Northwest City

Positioned in the heart of Chicago’s vibrant Wicker Park neighborhood, 1254 N. Milwaukee Avenue offers a rare opportunity to own a prime retail property on one of the city’s most dynamic corridors. Surrounded by national retailers such as Jewel-Osco, Lowe’s, Verizon Wireless, CVS, and Footlocker, as well as popular dining destinations like Iron Age Korean Steak House, this location guarantees exceptional visibility and foot traffic. The property features a 24-foot frontage and 100-foot depth, totaling approximately 2,400 square feet, with an additional full basement ready for customization. Its B1-3 zoning provides flexibility for a wide range of uses, including restaurant concepts, boutique retail, or creative office space. The interior includes a rear storage/office area and bathroom, offering functional convenience for operations. Wicker Park is renowned for its eclectic mix of retail, dining, and entertainment, attracting a diverse and affluent demographic. With proximity to Ashland Avenue and Division Street, and easy access to public transit, this property is strategically positioned for long-term value appreciation. Whether you’re an investor seeking a high-demand corridor or an owner-user envisioning a flagship location, this asset delivers unmatched potential in one of Chicago’s most sought-after neighborhoods.

Date on Market:

2024-05-17

Chicago Retail for Sale - South Chicago

Date on Market:

2024-04-23

Dolton Retail for Sale - Near South Cook

Fully equipped restaurant for sale at competitive sales price including real estate, business, equipment, fully equipped kitchen, inventory, furniture, fixtures, business proprietary information and great reputation! Established breakfast and lunch restaurant with over 40+ years in business under its current name serving Chicago, Southeast Suburban community, and NW Indiana. The approximate 4,300 SF restaurant is a staple of the community with a loyal customer base and great reviews. Approximate 1200 SF long-term tenant that has occupied premises will help defer costs. Easily take over the existing business or open your own concept. Recent updates include 2 new RTU'S, furnaces, water heaters, and restaurant equipment.

Property Subtype:

Storefront

Date on Market:

2024-03-18

Chicago Portfolio of properties for Sale - Northwest City

Discover a prime investment opportunity in the Northwest Chicago area. This meticulously maintained 3,450 SF building, zoned B1-1, offers exceptional potential for Retail and Office Building investors. With a coveted 100% occupancy rate, this property presents a lucrative and stable income stream. The strategic location provides easy access to major highways, public transportation, and a wealth of dining and retail options, making it an enticing prospect for potential tenants and employees. Don't miss out on the chance to secure a thriving asset in the heart of the Northwest Chicago market.

Date on Market:

2024-03-15

Chicago Retail for Sale - Northwest City

INCREDIBLE OPPORTUNITY TO PURCHASE MIXED-USE BUILDING TWO BLOCKS FROM WRIGLEY FIELD!! FIRST FLOOR IS AN OWNER OPERATED LIQUOR AND CONVENIENCE STORE. TWO INCOME PRODUCING APARTMENTS ABOVE, EACH OFFERING 3 BEDROOMS AND I BATHROOM. TWO CAR GARAGE FOR OWNER'S USE OR ADDITONAL INCOME. BUSINESS, WITH LICENSES, SOLD SEPERATLY FOR $100,000.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-02-21

Chicago Retail for Sale - Northwest City

3 LOT PROPERTY FOR SALE 8.1% CAP RATE 5618-20-22 N Western Ave., Chicago, Illinois  60659 (just a little north of Bryn Mawr, west side of the street)   C1-2 zoning / 30,000 cars per day traffic count Three 2755/SF LOTS or 8265/SF total / 75’ frontage x 110’ deep ABOUT 8000 TOTAL BUILDING SQUARE FEET This is a great opportunity to acquire a FULLY occupied THREE-lot property in Arcadia Terrace on Western Avenue. Investment/owner property, highly visible with a tremendous traffic count and C1-2 ZONING for many businesses. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use ALL NEW REHAB-- with a store, 200 amp panel, front-back office plus three private offices Upstairs has two 2-BR apartments, 100 amp panel, with separate dining rooms  All units with separate NEW HVAC plus hardwood floors plus all NEW steel back decks NEW hot water tank, NEWER roof-5 years, rebuilt parapets, tuckpointed 5622 is a free standing 1 story flexi-core commercial garage---levels can be added---200 amp 3-phase + 200 amp panel.   TWO CURB CUTS AT 5618 AND 5622  ALSO IDEAL FOR RE-DEVELOPMENT—-taxes have been reduced  TAXES 2025 5618     13-01-432-027-0000   $5,004.18 (bill says 5619, incorrect) 5620     13-01-432-026-0000   $11,849.56 5622     13-01-432-025-0000   $8,255.91                        TOTAL              $25,106.65 CURRENT TENANT STATUS 5618 N Western MONTH TO MONTH 5622 N Western MONTH TO MONTH 5620 N Western-1 5-27 expiration 5620 N Western-2   10-26 expiration 5620 N Western-3   2-27 expiration DIMENSIONS 5618     enclosed parking lot, gated on both ends LOT       25’X110’ / 2755SF 5620     3-story mixed use, store + 2 apartments---about 4800BSF STORE --about 1750SF front      33x18 / ADA bathroom 8x7 back      11x37 office     11x9 office     11x9 office     11x9 APARTMENT-2nd floor---1250SF Living    17x12 Dining   15x10 Kitchen 12x10 BR1       15x10 BR2       13x10   APARTMENT-3RD floor---1250SF   Living    17x12 Dining   15x10 Kitchen 12x10 BR1       15x10 BR2       13x10   Garage 25x40 (storage for 5622, connected) 5622     single story commercial garage INSIDE GARAGE TYPE SPACE 25X110 space / 2750SF total (+1000SF from the back of 5620) Between Bryn Mawr and Peterson, adjacent to Lincoln Avenue. Easy access to public transportation and Lake Shore Drive.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2022-04-29

Wheeling Retail for Sale - Central North

The Ress Group is proud to present an excellent restaurant or redevelopment opportunity Over 1.5 Acres on Highly trafficked Milwaukee Ave in Wheeling IL. Over 50k VPD! Turnkey restaurant that boasts an expansive state of the art kitchen with multiple work areas, walk in coolers, walk in Freezers and is fully equipped. This location offers Gaming in a large separate bar with additional seating. Full-service restaurant, bar, and party room on ground level. Huge 3-bedroom apartment on the 2nd level is already rented out. Basement has another party room, dance floor, bar, 4 walk in coolers, storage, and bathrooms. Gaming Income is over $100,000 net annually. Exceptional Opportunity to acquire a fully built out Restaurant/ Bar/ Private event space on 2 levels with dance floor and bar that can accommodate multiple private events. High Visibility with strong traffic counts on a major coveted location with many long-term successful restaurants. Business is not included in sale, this is purely an asset sale. Please do not disturb employees.

Property Subtype:

Restaurant

Date on Market:

2024-01-25

Chicago Retail for Sale - Northwest City

Lucrative investment opportunity, strategically situated on the outskirts of Downtown Chicago, near up and coming Garfield Park. The contemporary infrastructure constructed in 2005 encompasses 22,257 sq ft, providing a sophisticated and functional workspace. Boasting a consistent high income yield, this property benefits from substantial foot traffic in its bustling surroundings. Centrally positioned at the intersection of Lake St. and Pulaski, this location ensures visibility and accessibility for maximum business impact. The building consistently attracts distinguished tenants, and is currently home to occupants such as the Mary Crane Center, a Market and a state funded Non Profit; creating a brand of professionalism and credibility. A generous newly paved 40-space parking lot ensures easy accessibility for both tenants and visitors. The proximity to the CTA Green Line train and major public transportation hubs provides connectivity for commuters and easy transportation. Sellers financing is available.

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-01-22

Lyons Retail for Sale - Cicero/Berwyn Area

Colliers Net Lease Investment Group is pleased to present to qualified investors the opportunity to acquire a 100% fee interest in a newly renovated Auto Glass Now location in Lyons, IL. This is a chance to acquire an institutional credit-rated single tenant net lease just miles from downtown Chicago. Auto Glass Now is a subsidiary of Driven Brands, the leading provider of services to the automobile industry. “Driven brands is a publicly traded $2+ billion market cap company listed on the Nasdaq, Ticker symbol DRVN” This 2,471-square-foot property is located on the South side of busy Ogden Avenue. Immediately proximate neighbors include Wendy’s, Burger King, Family Dollar, 7-11, Walgreen’s, Starbucks, and more. Ogden Avenue brings 24,000+ people by the property daily. There are over 18,500 people within 1 mile and 124,000+ people within 3 miles of the store. The single-tenant building is offered at $987,500 corresponding to a 8.00% cap rate.

Property Subtype:

Auto Repair

Date on Market:

2023-09-05

Chicago Retail for Sale - South Chicago

Property is a 6000 sq foot single tenant building net leased to a school for hair design. Long time tenant, currently leased through June 2032 at $4000/month. Tenant pays taxes, utilities, and maintenance.

Property Subtype:

Storefront

Date on Market:

2023-10-19

Chicago Multifamily for Sale - Northwest City

KW Commercial is pleased to present a mixed-use investment opportunity located in the vibrant Logan Square neighborhood. Well-maintained asset which features a restaurant. This property boasts impressive features and attributes, making it an attractive prospect for savvy investors and business owners seeking a strategically positioned and well-maintained asset. Property Details: - Building Size: 15,600 Square Feet - Lot Size: 5,250 Square Feet - Zoning: B3-1 - Location: Corner of Armitage Ave. and Mozart St., Logan Square - Floors: Three - Composition: One commercial space and four residential units - 100% Stabilized Key Highlights: - Renowned Dos Urban Cantina Lease: The property includes a leased commercial space occupied by the well-established and renowned Dos Urban Cantina. This esteemed tenant brings stability to the investment and adds value to the property due to its popularity and established reputation within the community.? - Desirable Residential Units: The four residential units, thoughtfully designed as two units of two beds and one bath each, offer comfortable living spaces complemented by in-unit washer/dryer facilities. The residential units present a steady income stream and cater to the increasing demand for quality housing in the Logan Square neighborhood.? - Modern Amenities and Infrastructure: The property stands out with its contemporary features, including individual furnaces and water tanks for each unit, full HVAC systems for hot and cold forced air throughout the entire building, and copper plumbing. These modern amenities ensure tenant comfort and convenience, adding to the property's appeal.? - Recent Capital Improvements: Extensive capital expense investments, totaling above a quarter of a million dollars in 2022, demonstrate the property's commitment to maintaining its value and ensuring a hassle-free ownership experience for the future buyer. Recent updates, such as tuck-pointing and a new tear-off roof, enhance the building's structural integrity and longevity.? - Excellent Traffic Exposure: With an average daily traffic of 21,688 cars passing by on the corner of Armitage Ave. and Mozart St., the property enjoys significant exposure, providing ample visibility for the commercial space and increasing the potential for attracting new customers.? Outdoor Deck: An existing outside deck of 500 SF adds a valuable amenity for tenants and patrons, creating an inviting space for leisure and entertainment.? - As a discerning investor, this commercial property presents an opportunity to capitalize on the thriving Logan Square market and its continued growth potential. I am confident that the property's prime location, versatile composition, and recent capital improvements will yield long-term benefits and a strong return on investment. - Commercial Lease - Presently at a monthly rate of $8,234, it carries 3% annual increases, is responsible for 50% of the taxes for the building, and 50% of the building's water-use.

Property Subtype:

Apartment

Date on Market:

2023-10-02

Palos Hills Retail for Sale - South Route 45

SVN Chicago Commercial is pleased to present a ±3,200 SF Free Standing Restaurant including Patio located at 10331 S. Roberts Road in Palos Hills, Illinois. This owner/user opportunity has Indoor capacity for 150 and a picturesque outdoor patio that seats approximately 180. Numerous improvements include an updated kitchen, hood, HVAC, roof, bar, plumbing, patio fireplace, entertainment system, restroom addition, parking lot, and digital signage. Onsite parking lot with 28 surface spaces plus and next to City Hall.

Property Subtype:

Restaurant

Date on Market:

2023-09-12

Chicago Retail for Sale - Fulton Market/Near West Side

1219 W. Lake Virtual tours are available at the links below; 1st Floor https://my.matterport.com/show/?m=FU6Wmj3bTnj 2nd Floor https://my.matterport.com/show/?m=d6MxTgcsM8U Penthouse https://my.matterport.com/show/?m=Ddkkp68cPVE Additionally, Dropbox has hi-res photos and links as well; https://www.dropbox.com/sh/yjgneo93t5or9wu/AACmobl-vPWcmKLd1IuxAL9ta?dl=0

Property Subtype:

Storefront Retail/Office

Date on Market:

2023-08-13