Cicero Retail for Sale - Cicero/Berwyn Area

This offering features a brand new 2026 construction built-to-suit relocation store in a proven location, delivering a modern, high quality asset designed for long term tenant stability. The property is secured by a new 15-year absolute NNN lease, providing truly passive ownership with zero landlord responsibilities and consistent income supported by scheduled rent increases. Dunkin’ is a globally recognized quick service brand with more than 14,000 locations across 40 countries. The lease is backed by an experienced multi-unit operator, Chicagoland Commissary, LLC, which successfully operates 20 locations in the region. Strategically positioned along Ogden Avenue, a major commercial corridor in the southwestern Chicago suburbs, the site benefits from excellent visibility, strong traffic patterns, and proximity to dense residential neighborhoods. The surrounding market is supported by a diverse economic base, high population density, and solid household incomes, driving sustained demand and making this an attractive, low maintenance investment opportunity. 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:

2026-03-19

Hillside Retail for Sale - Melrose Park Area

4700 Roosevelt Road offers a unique opportunity to acquire a versatile, stand-alone commercial building in a high-traffic corridor of Hillside, Illinois. Priced at $350,000, this 2,487-square-foot property is currently configured as a veterinary clinic, complete with existing medical infrastructure, making it ideal for veterinary, medical, or professional office users. The flexible layout also allows for easy conversion to traditional office or retail space, providing adaptability for a range of business needs. The property benefits from strong visibility along Roosevelt Road, which sees approximately 20,700 vehicles per day, and offers dedicated building identity with prominent signage opportunities. Its strategic location provides immediate access to I-290, I-294, and I-88, ensuring excellent regional connectivity and convenient travel to downtown Chicago, O’Hare International Airport, and Midway International Airport. Surrounded by established businesses and national retailers, this property is well-positioned for long-term success in a thriving commercial corridor.

Property Subtype:

Vet/Kennel

Date on Market:

2026-03-18

Chicago Retail for Sale - South Chicago

Former grocery store building located in Chicago’s Chatham community. The property is currently gutted, providing a blank canvas for redevelopment or a custom build-out. Situated along 79th Street, a major commercial corridor connecting Lake Michigan to Chicago’s southwest suburbs, the area features a mix of retail, mixed-use buildings, shopping centers, and multifamily residences with strong traffic and neighborhood demand. Ideal opportunity for redevelopment, retail, or owner-user use.

Property Subtype:

Freestanding

Date on Market:

2026-03-18

Palatine Retail for Sale - Schaumburg Area

Free Standing Building Approximately 2,500sqft. Interior space Four entrances to the building Several Separate Rooms/offices One Overhead Garage Door. Inside Garage dimensions 36ft. by 20ft. Two Bathrooms Two Furnaces & Two Central Air conditioners Ten parking spaces. Newer Roof 10 years *** Commercial / Contractors use.*** Currently Occupied by HV/AC Company B1 zoning

Date on Market:

2026-03-18

Forest Park Retail for Sale - Cicero/Berwyn Area

Positioned on a prime corner along Forest Park’s highly active Madison Street corridor, 7321 Madison Street presents a rare opportunity to acquire a ±21,000 square foot mixed-use commercial asset with exceptional visibility, scale, and infrastructure. The property features distinctive brick construction with frontage on both Madison Street and Circle Avenue, offering strong identity and accessibility. The building supports a mix of restaurant, entertainment, retail, and office uses, while also providing flexibility for repositioning or adaptive reuse depending on ownership strategy. Approximately 6,800 square feet is currently available, presenting a compelling opportunity for an owner-user to occupy a significant portion of the building while benefiting from in-place income, or for an investor to lease up the vacancy and increase overall cash flow and value. A defining feature of the asset is its robust electrical infrastructure, delivering in excess of 1,200 amps of electrical service capacity. This level of service significantly expands the universe of viable users and positions the property for power-intensive operations that are typically difficult to accommodate in comparable suburban assets. This infrastructure, combined with the building’s size and layout, makes the property suitable for a wide range of commercial applications, including entertainment and event venues, restaurant and hospitality concepts, medical and healthcare uses such as outpatient clinics, physical therapy, imaging, and specialty practices, fitness and wellness facilities, technology and data-oriented users, production and light industrial-style uses, creative office or showroom concepts, educational or training facilities, and specialty retail or experiential concepts. Located just west of Harlem Avenue, the property sits in the core of Forest Park’s dining and entertainment district, surrounded by established restaurants, bars, and neighborhood retail. The area continues to benefit from strong consumer traffic, ongoing reinvestment, and excellent regional connectivity via CTA Blue and Green Lines, Metra, Pace, and immediate access to I-290. This is a unique opportunity to acquire a scalable, infrastructure-rich asset in a supply-constrained suburban downtown with multiple pathways for value creation. Property Highlights ±21,000 SF mixed-use commercial building ±6,800 SF available for owner-user occupancy or lease-up Corner positioning with dual frontage on Madison Street and Circle Avenue ±0.28-acre site Multi-tenant income with value-add potential Existing mix of restaurant, entertainment, retail, and office uses Over 1,200 amps electrical service capacity supporting high-demand users Ideal for medical, fitness, entertainment, hospitality, technology, data-oriented, showroom, and educational uses Located in a high-traffic Madison Street corridor Strong access to CTA, Metra, Pace, and I-290 Significant adaptive reuse and long-term upside potential ** NOTE: Owner holds a Real Estate License in IL.

Property Subtype:

Restaurant

Date on Market:

2026-03-16

Chicago Industrial for Sale - South Chicago

10-parcel commercial assemblage totaling 40,941 sq ft of land (nearly 1 acre) with an 11,500 sq ft commercial building in the Midway Airport industrial corridor. Rare opportunity to control a full block-scale footprint with frontage on both 65th Street and Austin Avenue. Zoned C1-1 allowing a wide range of commercial and light industrial uses including warehouse, logistics, contractor yard, fleet parking, auto uses, retail, or mixed-use redevelopment. Large contiguous land site with multiple access points, significant parking capacity, and excellent visibility on a high traffic corridor. The main structure at 5944 W 65th St is an existing 11,500 sq ft commercial building supported by nine additional parcels currently used for parking, storage, and operational yard space. Ideal for an owner-user seeking a headquarters location with outdoor storage, fleet parking, or expansion potential. Strategic location minutes from Midway International Airport, I-55, Cicero Ave, and Central Ave with direct access to major transportation routes serving the entire Chicago logistics network. Highlights * 10 contiguous parcels under single control * 40,941 sq ft total land area (nearly 1 acre) * 11,500 sq ft commercial building * C1-1 zoning allows retail, warehouse, logistics, contractor yard, automotive, and redevelopment uses * Frontage on both 65th Street and Austin Avenue * Major exposure near Midway Airport and high traffic corridors * Significant outdoor storage and parking capacity * Ideal for owner-user headquarters, logistics hub, contractor yard, or redevelopment Large land sites like this rarely come available in the Midway corridor. Perfect for operators or investors seeking scale, frontage, and long-term positioning near one of Chicago's busiest transportation hubs.

Property Subtype:

Service

Date on Market:

2025-11-04

Olympia Fields Retail for Sale - Far South

The site is directly adjacent to the 211th Street/Lincoln Highway Metra Electric station, which provides direct service to downtown Chicago’s Millennium Station and generates approximately 2,600+ weekday boardings per week. CVS is strategically located at the signalized, hard corner intersection of Olympian Way and Lincoln Highway which supports more than 43,000 vehicles per day. Furthermore, the asset benefits from nearby access to Interstate 57 (85,900 VPD), Highway 50 (17,200 VPD), Western Ave (15,900 VPD), and more. Moreover, the site benefits from strong healthcare-driven traffic dynamics, situated near Franciscan Health Olympia Fields (214 beds) and UChicago Medicine at Ingalls Flossmoor as part of the broader UChicago Medicine Ingalls network anchored by a 485-bed main hospital. In addition, the subject property is positioned less than 2 miles east of Matteson Center, a 150,000 SF community center anchored by Burlington, Marshalls, Ross, PetSmart, Dollar Tree, and more. Other nearby national/credit tenants include Walmart Supercenter, Sams Club, Home Depot, Food4Less, Aldi, Meijer, and more. Lastly, the asset is within walking distance of Olympia Fields Country Club, a nationally recognized course that has hosted major championship events, including the 1928 and 2003 U.S. Open. The 5-mile subject trade area is supported by more than 159,000 residents and 54,000 daytime employees who earn average household incomes of more than $100,000.

Property Subtype:

Freestanding

Date on Market:

2026-03-16

Evanston Office for Sale - Near North

For sale great commercial retail condo space on Benson ave. 583 sq ft ground floor. Attached to the optima horizons condominium building, a 248 unit condo development. Currently built out as an office space, the unit has a very high end modern buildout, No disappointments. Great window exposure with plenty of natural light, fully carpeted, Features a main office area and a bathroom and two storage rooms. Very well maintained. high security entrance doors, and cameras. Zoning is D4. 25 ft of frontage along Benson ave. The property has plenty of parking in front and also features close neighborhood parking. Parking space in covered garage is included with this unit, indoor deeded. High pedestrian traffic, The building utilizes 200 + amp electric system this property presents the unique opportunity to acquire retail space in the downtown Evanston retail district, ideal for a variety of commercial uses: Perfect for new owners for retail, office, professional use, law firm, insurance, technology, financial trading, real estate, accounting office. Walking distance to downtown Evanston and northwestern university, Close to public transportation CTA train and bus, Do not contact owner. Please call the listing broker for all showings. Pin number - 11181190371004

Date on Market:

2026-03-13

Hickory Hills Retail for Sale - South Route 45

SVN Chicago Commercial is pleased to present a turnkey bar & grill with video gaming income and a 2nd floor residence located at 9401 S. Roberts Road in Hickory Hills, Illinois. With abundant double lot parking, full kitchen with black iron infrastructure, full bar and gaming areas, new roof in 2025, and a basement, this property offers the perfect investment opportunity for a local restaurateur or national casual dining operator. The property boasts high-visibility frontage with pylon signage on Roberts Road (18,700 VPD). The 2nd floor consists of a 3-bedroom, 1.5-bathroom apartment with a living room, office, and fireplace, and storage for additional income.

Property Subtype:

Restaurant

Date on Market:

2026-03-13

Evanston Office for Sale - Near North

Unique brick mixed-use building in Evanston's West End, offering flexible office, retail, and residential use. Features two storefront offices and spacious updated apartments with skylights, spacious bathrooms, in-unit washer/dryers, and a 550 SF rear deck. Two large, heated garages with 14' ceilings, two 12' x 16' overhead doors, and parking for 7-8 vehicles. Built in 1927 as a bakery and expanded/updated 2003 and remodeled throughout the years. Partially leased with strong value-add potential. Owner-occupied space offers additional rental income or an ideal live/work setup. Prime location near 206 bus line with CTA/Metra access, shopping, dining, Starbucks and fitness. Close to Robert Crown Community Center with recreational amenities. A rare opportunity for investors or owner-users seeking versatility in a vibrant neighborhood.

Property Subtype:

Office/Residential

Date on Market:

2026-03-12

Chicago Retail for Sale - Northwest City

3801 N Clark Street is a 100%-occupied, mixed-use corner building at Clark, Racine & Grace in Chicago's Wrigleyville submarket. The property comprises five residential units and two street-level retail tenants — Almost Home Tavern and Cloud Cookie — with staggered lease expirations and over $1.2M in completed capital improvements, reducing near-term expenditure requirements. In-place income reflects two distinct conditions: a long-tenured residential base with rents not reset to current market levels, and retail reimbursements — CAM and real estate taxes — not systematically collected under prior property management despite being contractually required. A proposed retail lease restructure maintains Almost Home's base rent at current levels while establishing a pro-rata NNN reimbursement structure consistent with existing lease terms — unlocking over $71,000 in additional annual NOI without changing tenancy. Opportunities of this nature — where occupancy is stable, capital has been deployed, and upside is unlocked through lease administration alone — are uncommon in this submarket.

Property Subtype:

Restaurant

Date on Market:

2026-03-12

Chicago Retail for Sale - Northwest City

Nara Advisors is pleased to exclusively market for sale 4611 N Clark, a former industrial property located in Chicago's Uptown neighborhood.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-12-03

Chicago Portfolio of properties for Sale - Northwest City

Pegasus Investments Real Estate Advisory Inc. in conjunction with Bang Realty, as exclusive investment sales advisors to the seller, are pleased to offer the incredible opportunity to purchase Elevate Lincoln Park (the “Property”). The Property checks every amenity box. It features four single-tenant leases totaling 187,204 SF, with premier access and branding along the Kennedy Expressway (I-94). A strong 5:1 parking ratio enhances convenience for tenants and visitors alike. Ideally positioned within Lincoln Park, Bucktown, and Wicker Park, three of Chicago’s most affluent neighborhoods, the Property benefits from exceptional demographics. Average household income exceeds $175,000 within a one-mile radius, with a population density surpassing 1.1 million people within five miles. Additionally, more than 4,000 new homes are planned within three blocks, further strengthening the area’s long-term growth trajectory. For over 20 years, the Property has been anchored by national tenants Best Buy, Kohl’s, and BMO Financial Group. The Property is newly complemented by Chicago Speech Therapy (CST), an established local brand. The four NNN ground leases are backed by corporate guarantees with the tenants maintaining all aspects of their respective buildings. Lease renewals by Best Buy and BMO showcases the strong underlying fundamentals of the Property, stickiness of the tenants and stable cash flows. Of note, this Kohl’s location ranks in the top 3% nationally of all Kohl’s locations according to Placer.ai. This Best Buy is the only north side store, ranking in the top 10% nationally, and demonstrated its commitment to the Property by having recently exercised its first 5-year option with zero landlord concessions. In addition, BMO and CST have entered into new 10-year net leases. The amenities of the Property combined with strong demand for big box retail in the corridor assures little risk of vacancy and bodes well for continuous occupancy into perpetuity. Ensuring demand for the Property into perpetuity, the adjacent Lincoln Park neighborhood of Foundry Park (foundryparkchicago.com) will be adding 4,000 homes and $2.8 billion of additional investment into the immediate area. This sustained influx of residential density continues to reinforce daily traffic, tenant demand, and long-term fundamentals for the Property.

Date on Market:

2026-03-11

Calumet City Retail for Sale - Near South Cook

This dual-tenant retail property at 1330 S Torrence Avenue in Calumet City, Illinois, presents an attractive investment opportunity with a sale price of $2,650,000. The property is fully leased to two established tenants: Xfinity (BluFox Mobile Dealer) and Mission Dispensary, both operating under NNN lease structures with renewal options. The combined annualized base rent is approximately $165,000, providing a stable income stream with built-in rent escalations. The building spans 5,887 square feet and sits on a 1.25-acre lot with 55 parking spaces. Recent upgrades include new LED lighting in the parking lot, which has significantly reduced common area electrical expenses, and a resealed and re-striped parking lot. The property benefits from a high-traffic location along Torrence Avenue, with an average daily traffic count of 22,000 vehicles and immediate access to I-94. Mission Dispensary occupies 3,371 SF with a lease expiring in 2030, while Xfinity occupies 2,516 SF with a lease expiring in 2033. Both tenants are corporate-backed entities, and the property is professionally managed with all expenses passed through to tenants. Additionally, the landlord secured a 12-year real estate tax incentive, reducing annual taxes significantly.

Property Subtype:

Freestanding

Date on Market:

2026-03-10

Chicago Retail for Sale - Northwest City

Brookline Real Estate presents the opportunity to acquire an updated office condo in Chicago's Roscoe Village neighborhood. Located near the intersection of Western Aveune and Roscoe Street, the first floor, 1,500 square-foot property is accessible to the CTA Brown Line, Western or Damen Bus, and I-90. The property benefits from strong neighborhood foot traffic, a mix of independent boutiques, restaurants, and service-oriented businesses, and a loyal local customer base. Roscoe Village is widely known as a “village within the city,” offering a walkable, community-oriented environment just a few miles from downtown Chicago. The surrounding area features an affluent residential population with average household incomes exceeding $220,000 and a high concentration of white-collar professionals, creating strong demand for neighborhood retail and service businesses. The interior is freshly updated, having most recently been used by an architect/design business. Given its location and buildout, the property offers excellent owner-user or investment potential.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-10

Tinley Park Office for Sale - South Route 45

Date on Market:

2026-03-09

Elmwood Park Retail for Sale - Oak Park Area

- 30+ Year Operating History as Pet Supplies Plus w/ 8.5+ Years of Term Remaining - Corporate Guarantee (PSP Stores, LLC) - 750+ Stores and $2,000,000,000 in Annual Revenue -(2) Base Term Increases: Rent to increase to $136,715 in 10/2027 and to $150,385 in 10/2031 - High Barriers to Entry Market- Elmwood Park has an Extremely Limited Supply of Retail Assets Available for Sale or Lease

Property Subtype:

Freestanding

Date on Market:

2026-03-09

Palatine Office for Sale - Schaumburg Area

110 N. Brockway Street offers investors the opportunity to acquire a fully leased, Class A mixed-use property in the heart of Downtown Palatine, Illinois. Constructed in 2005, this purpose-built asset combines retail and office uses within a walkable, transit-oriented environment directly adjacent to the Palatine Metra Station on the Union Pacific Northwest Line. The property spans approximately 37,890 square feet and is anchored by Emmett’s Brewing Co., a long-standing regional destination restaurant, complemented by a diverse roster of financial, legal, and professional service tenants. The building features brick and steel construction, elevator service, and modern life-safety systems, with approximately 75% of office suites refreshed within the past five years. Current operations reflect a normalized Net Operating Income of $403,516, supported by disciplined expense management and long-duration leases with staggered expirations. Ownership is offering the property at $5,395,000, representing an implied cap rate of approximately 7.48% and a price materially below replacement cost. With its irreplaceable station-front positioning, embedded rent escalations, and minimal near-term capital requirements, this asset provides durable cash flow and long-term upside potential in a highly desirable northwest suburban market benefiting from strong demographics, sustained public investment, and proximity to Chicago. Sale Highlights: • Sale Price: $5,395,000 (7.48% Capitalization Rate) • Architecturally distinct 37,890 SF Mixed Use Multi-Tenant Building ( Retail & Office) built in 2005 • 100% Occupancy with 2026 Scheduled Net Income of approx. $403,516 • Class A Building with tremendous upside in rents- “Best in Class” Location & Quality • Proven Track record with Stable Historical occupancy consistently outperforming market • Property is located approx. 2.5 Miles NW of Proposed Chicago Bears $6 Billion Stadium & redevelopment project • Long Term Anchor Tenant (Emmett’s Brewing Company & Restaurant) operating since 2005 • Unmatched Downtown Palatine Location with Direct access to Metra Train • Very Low Capex exposure- (City Owned Parking Lot with building owner parking rights) & 10,000 LSF Roof surface area limits unexpected future capital expenses • Approx. 75% of the office suites have been refreshed in the prior 3-5 years • Ideal for 1031 buyers & yield focused investors • Opportunity for investor to retain current leasing & management company (Chicagoland Commercial RE) for a seamless transition • Anchored by Long Term leases to Emmett's Restaurant & Micro Brew (17,890 SF) expires December 2034 & Mindcraft Enterprises, LLC Mental Health (4,913 SF) expires Oct 2034. Some Brokers of Chicagoland Commercial, Inc. have an indirect minority ownership interest in the property. Information contained herein has been obtained from the owners of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy, but do not guarantee it

Date on Market:

2026-03-06

Worth Retail for Sale - Near South Cook

Property Link: https://platform.altrio.com/exchange/colliers-chicago-retail/6445-6495-w-111th-worth-il-60482 Colliers Net Lease Investment Group is pleased to present the exclusive offering of the Worth Car Care Center, a stabilized, multi-tenant automotive service property located at 6445 W. 111th Street in Worth, Illinois. The Property is fully leased to six automotive service tenants, creating a unique, purpose-built automotive service center. The center is positioned along a heavily trafficked suburban commercial corridor with strong visibility and direct access to Interstate 294, providing excellent regional connectivity throughout the southwest Chicago suburbs.

Property Subtype:

Auto Repair

Date on Market:

2026-03-03

Calumet City Retail for Sale - Near South Cook

Ally Commercial Real Estate in conjunction with Benjamin Udell, Managing Broker, is pleased to present the exclusive sale of Torrence Avenue Shops—a 100% occupied, trophy retail strip. Anchored by Starbucks (Drive-Thru), Verizon, Vitamin Shoppe, and GameStop, this center represents the gold standard of national-brand retail investment. Strategically located at a signalized hard corner, the property commands massive traffic flow due to it’s proximity to the River Oaks Shopping center, which is regional economic driver in the southland of Chicago. The city is also proposing a $110 MM plan to update the center. This stabilized investment delivers a secure NOI of $322,238 at a 7.67% CAP Rate. The site’s strength is also proven by its tenancy: Vitamin Shoppe recently extended its lease through 2030, and the Starbucks drive-thru provides a constant, recession-proof draw for the trade area. Furthermore, the Vitamin Shoppe lease reverts to NNN in its option periods, maximizing long-term investor returns and minimizing expense leakage. All other tenants other than Vitamin Shoppe are on NNN leases making this property a premier turnkey opportunity for an investor seeking passive income in a thriving, high-growth corridor.

Property Subtype:

Restaurant

Date on Market:

2026-03-03

Chicago Retail for Sale - South Chicago

Stabilized 5-Unit Mixed-Use Investment Opportunity One Commercial Space + Four Residential Units | 100% Stabilized KW Commercial is pleased to offer the opportunity to sell 7815 S Kedzie Ave, Chicago, IL 60652, a 100% leased mixed-use investment asset comprised of four (4) residential units and one (1) ground-floor commercial space. This stabilized property delivers diversified cash flow, structured lease protections, and strong underlying land value—positioning it as a compelling risk-adjusted investment opportunity on Chicago’s Southwest Side. Executive Investment Summary 7815 S Kedzie Ave is a fully stabilized, income-producing mixed-use asset strategically positioned along the well-trafficked South Kedzie Avenue commercial corridor. The property consists of a 6,600 SF building situated on an oversized 11,841 SF land parcel, providing both immediate cash flow stability and long-term intrinsic land value. Originally constructed in 1965 and later repositioned from its former hotel use into its current mixed-use configuration, the property offers an efficient layout with approximately 3,300 square feet of ground-floor commercial space and four residential units above. The diversified tenancy structure reduces volatility typically associated with single-tenant assets, creating a more durable and resilient income profile. Property Overview Asset Type: Stabilized Mixed-Use (4 Residential Units + 1 Commercial Unit)? Occupancy: 100% Leased? Building Size: 6,600 SF? Commercial Footprint: ±3,300 SF (Ground Floor)? Land Area: 11,841 SF (Oversized Parcel)? Year Built: 1965? Zoning / Use: Mixed-Use (Residential + Commercial) Investment Highlights The asset benefits from a diversified revenue stream blending residential tenancy with a long-term commercial occupant, reducing binary vacancy exposure commonly associated with single-tenant retail properties. The commercial lease structure includes expense participation, providing a partial hedge against inflationary cost increases and strengthening long-term NOI durability. The oversized land parcel further enhances the investment profile, offering operational flexibility, secured parking, and long-term residual land value support—an uncommon feature for mixed-use properties of this scale. Key Highlights • Fully stabilized, income-producing asset? • Diversified revenue stream (residential + commercial)? • Long-term daycare tenancy with renewal options? • Modified Gross lease structure with expense participation? • Oversized lot supporting intrinsic land value premium? • Secured on-site parking (rare corridor amenity)? • Reduced vacancy exposure versus single-tenant retail Commercial Component Ground Floor – Daycare Tenant The ground-floor commercial space is leased to a daycare operator under a structured Modified Gross lease with renewal options, providing predictable income visibility and operational stability within a residentially dense trade area. The lease includes expense participation provisions, whereby the tenant reimburses a percentage of annual increases in real estate taxes, insurance, and water, enhancing expense containment and supporting long-term cash flow stability. Commercial Strengths: • Long-term tenancy structure? • Expense escalation participation? • Stable, neighborhood-serving use? • Reduced re-leasing volatility relative to discretionary retail Residential Component Second Floor: The second floor consists of four fully leased residential units generating consistent in-place income. Residential tenancy provides additional diversification and organic growth potential through future rent adjustments aligned with submarket trends. By distributing revenue across multiple units, the residential component materially reduces concentration risk and enhances portfolio resilience. Operating Expense Profile: Operating expenses remain straightforward and efficiently managed. The commercial tenant’s expense reimbursement structure further strengthens the predictability of net operating income over time. This partial inflation hedge is particularly notable for an asset of this size and enhances the overall durability of returns. Parking & Site Configuration: The property benefits from a fully secured and gated site, encompassing the entire 11,841 SF parcel, providing controlled access and enhanced safety for both residential tenants and the commercial operator. Parking Configuration • 1 ADA-compliant space? • 8 standard surface parking spaces Parking Significance • Operationally critical for daycare use? • Enhances residential tenant convenience? • Differentiator within the corridor Location & Connectivity: Positioned along the Kedzie Avenue commercial corridor, the property benefits from strong neighborhood density and accessibility. Immediate access to CTA bus routes along Kedzie and 79th Street enhances commuter convenience, while proximity to the Kedzie Orange Line station and nearby Metra SouthWest Service stations provides additional regional connectivity to downtown Chicago. The surrounding trade area is supported by established residential neighborhoods, active retail corridors, and continued reinvestment activity, reinforcing long-term tenant demand fundamentals. Investment Thesis: - 7815 S Kedzie Ave presents investors with a stabilized, diversified mixed-use asset featuring structured lease protections, inflation- mitigating expense participation, and intrinsic land value support. - The combination of residential and commercial tenancy materially reduces downside exposure while maintaining consistent in-place income. - This offering is well suited for investors seeking durable cash flow, moderate scale efficiency, and long-term hold potential within a stable Southwest Chicago submarket.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-02

Chicago Retail for Sale - Northwest City

This premium investment opportunity presents a turnkey banquet hall and established business, including the underlying real estate. Spanning 5,300 square feet, the property has undergone an extensive renovation down to the studs to offer a refined, modern aesthetic throughout. The building infrastructure is entirely updated with all-new HVAC units, a brand-new flat roof, and upgraded electrical and plumbing systems. Designed for maximum versatility, the space is a staple for private parties and community events alike. The intelligent layout can be divided to accommodate two separate parties simultaneously, with both the front and rear sections of the venue featuring their own private wet bars. Guests will appreciate the contemporary styling, five flat-screen televisions, and elegantly designed facilities, including a dedicated employee bathroom, a four-stall women's restroom, and a two-stall men's restroom with all-new fixtures. While the venue is currently a sought-after destination for weekend rentals, significant upside potential exists to maximize profit. A new owner could expand operations by booking weekday events or utilizing the high-capacity commercial kitchen as a restaurant or "ghost kitchen" during non-event hours. The kitchen is fully prepared for high-volume operations, featuring a walk-in cooler, walk-in freezer, commercial stove, grill, deep fryer, and exhaust fan. Additional assets include a heating table, dishwasher, and a complete inventory of china, tableware, and server ware. The venue is move-in ready with 25 tables and approximately 130 chairs. Conveniently located, the property offers five private parking spaces at the rear with an abundance of public parking directly in front. With ongoing bookings already on the calendar, this is an exceptional chance to acquire a fully modernized facility designed for immediate and scalable success.

Date on Market:

2026-03-02

River Grove Retail for Sale - Oak Park Area

Brookline Real Estate presents the rare opportunity to acquire a highly visible commercial property in River Grove, IL. This offering includes the 2,850 square-foot freestanding building on Grand Avenue near 1st Avenue (Rt. 171). The property is directly adjacent to a freestanding Starbucks with drive-thru. The Starbucks traffic, and particularly its drive-thru traffic, pass within feet of the building and any signage. The building is also immediately at PACE Bus Stops, and 1 Block from the River Grove Metra train station. The interior is fully built out with modern kitchen and bar equipment, and updated decor complete with custom murals. All FF&E is included in the sale. Surrounded densely by residential neighborhoods and the businesses along the Grand Avenue corridor, the property offers owner-user or investment potential.

Property Subtype:

Restaurant

Date on Market:

2026-03-02

Chicago Retail for Sale - Gold Coast/Old Town

Marcus & Millichap is pleased to present the opportunity to purchase the fee simple interest in a definitionally core, trophy asset located on Chicago’s Gold Coast. Positioned at the signalized intersection of State and Division, 1167 N. State St. is a two-story high-street retail property anchored by Bank of America (S&P Credit Rating of “AA-”). The property is steps from both Michigan Avenue and the Oak and Rush Street retail corridors, and it services the kinds of dense, wealthy demographics that compel retailers to pay among the highest rents in the city at many of the neighboring properties. With a weighted average lease term of nine years, the property’s rent roll is stabilized and poised to deliver consistent cash flows over the course of the next market cycle. Three of the four tenants also have annual rent increases structured into the primary terms of their leases, providing meaningful rent growth as those increases compound over the same period. Bank of America’s investment grade credit guarantees 45 percent of the property’s total income, and they have a 10 percent rent increase at the start of each of their three remaining five-year option periods. BofA has occupied their suite for over 20 years and just exercised their first renewal option at the option rent outlined in their original lease. The Gold Coast has one of the lowest vacancy rates in the city, with a submarket vacancy of 3.7 percent. New leases for comparable ground-floor space are signed significantly in excess of $100 per square foot. In addition to being located so close to the fashion boutiques on Oak, Rush and Michigan Avenue, the intersection of State and Division has the added benefit of close proximity to both an ‘L’ stop as well as to the high-end condo towers and co-ops that line the residential streets between this property and Lincoln Park. Such a strategic location allows the property to function more as a service-oriented retail building, rather than as a pure retail play, the fashions of which come and go with the seasons, which serves to enhance the durability of the tenancy at 1167 N. State St.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-26