Chicago Portfolio of properties for Auction - Northwest City

Date on Market:

2026-07-29

Moline Retail for Auction - Greater Moline

Property Subtype:

Fast Food

Date on Market:

2026-08-21

Peoria Retail for Auction - South Peoria

Property Subtype:

Freestanding

Date on Market:

2026-08-21

Decatur Retail for Auction

Property Subtype:

Freestanding

Date on Market:

2026-08-21

Decatur Retail for Sale

AiCRE Partners, as exclusive investment sales advisor to the seller, is pleased to offer the opportunity to acquire the fee simple interest in the Walgreens located at 1131 IL-48 in Decatur, Illinois. The property is occupied by Walgreens, one of the nation’s largest and most established pharmacy-led retailers, operating thousands of locations across the United States and serving as a daily-needs anchor in communities nationwide. Walgreens benefits from strong brand recognition, essential-service demand, and a resilient business model supported by prescription drug sales, health services, and convenience retail offerings. The property is strategically positioned along Illinois Route 48, a primary commercial corridor in Decatur, providing excellent visibility, convenient ingress and egress, and strong exposure to both local and commuter traffic. More than 20,000 vehicles pass by the site each day, ensuring top brand presence in the local market. The site is well-located near surrounding residential neighborhoods and complementary retail and service uses, allowing the store to effectively serve a broad customer base while benefiting from consistent daily traffic patterns. Decatur serves as the county seat of Macon County and functions as a key regional center for healthcare, manufacturing, education, and government within Central Illinois. The city is supported by a stable employment base, anchored by major employers, regional medical facilities, and higher education institutions, and offers connectivity to larger Midwest markets via nearby highways. Decatur delivers a valuable customer base within just 5 miles of 1311 IL-48, comprising a population of more than 72,600 with an average household income that exceeds $71,000. These avid shoppers produce more than $770 million in annual spending, empowering the local retail climate. As an established infill location leased to a nationally recognized, creditworthy tenant, the Walgreens at 1131 IL-48 presents investors with the opportunity to acquire a durable net-leased asset backed by long-term fundamentals and essential retail demand.

Property Subtype:

Drug Store

Date on Market:

2024-04-11

Chicago Retail for Sale - South Chicago

GN Bank is selling its former Chatham bank branch location, presenting an investment or owner/user opportunity to acquire 371 E 87th Street in Chicago, Illinois, a corner-site comprised of three parcels (also addressed 8700 S King Drive). Subject offers a rare, full-acre signalized-corner site with purpose-built banking infrastructure. The property has 8,000 square feet of rentable space and totals 8,430 gross square feet. The single-story masonry building was constructed in 2000 and features five drive-thru lanes (two canopied), drive-up vaults, an interior vault, a dedicated security room, and hardened construction throughout. Since being sold strictly as-is/where-is, a new owner can plan a gut renovation or systems retrofit. Chatham's healthcare and pharmacy demand is real; the neighborhood lost its last Walgreens in June 2026, the Ward 6 pharmacy-access pilot is active, TCA Health's 340B clinic operates 2.5 blocks east, and the corridor has seen recent conversions of former bank buildings (a national QSR redeveloped the ex-Seaway drive-thru branch nearby). The drive-thru lanes suit pharmacies, clinics, QSRs, credit unions, or any queue-based operation. The CTA #87 bus stop is located at the corner of the signalized intersection, driving visibility and foot traffic. Business redevelopment is supported under the subject’s B3-1 zoning (Community Shopping District). Property Taxes: TY2024 $66,323 (all parcels; seller clears all property-tax arrears at or before closing). Terms: Offering Price is $875,000. As-is/where-is, no repair credits (condition is priced in). Cash or proof of funds preferred; quick close available; seller can deliver a clear title on a standard title company timeline. Buyer's inspections welcome during a defined diligence window. Subject’s existing condition summary: - The building has been vacant and secured (steel window/door guards) since late 2024. - A November 2024 forced-entry/ATM-theft incident damaged the drive-up area, interior plumbing and electrical, and portions of the bathrooms and ceilings; the damage is unrepaired. - Roof leakage has been documented since 2021-2022; ceiling water staining is present. The buyer should budget for roof work. - The parking lot requires full replacement (the owner obtained a replacement proposal in 2024). - Electric and gas services are disconnected; buyer re-energizes. Full written condition disclosure and photo set available to serious buyers on request. Inquire today for more information.

Property Subtype:

Bank

Date on Market:

2026-07-10

Evanston Retail for Sale - Near North

The Forward Group at REAL Broker presents 2422 Dempster Street, a single-story commercial building in Evanston offered as a three-parcel assemblage together with two adjoining owner-held parking parcels at 1235 and 1237 McDaniel Avenue. All three parcels are owned by the Seller and are offered together to a single buyer. The building totals approximately 5,000 SF including the main structure and a rear kitchen building, with roughly 4,800 SF of measured GLA. The interior is built out with a large open assembly and gathering hall, multiple private offices, storage rooms, interior restrooms, and a front entrance vestibule. The combined site is approximately 11,000 SF, about 0.25 acre, with private gated on-site surface parking and vehicular access from McDaniel Avenue. The building shares a common party wall with the adjoining commercial property to the west. Zoning is C-2 Commercial District, one of Evanston's most versatile commercial classifications. Uses permitted by right include cultural facility, religious institution, educational institution, government institution, office, retail goods and retail services establishments, financial institution, restaurant, and food store establishment. Development standards allow building height up to 45 feet by right, and up to 60 feet with a Floor Area Ratio of 2.0 through Planned Development approval. The property sits within a designated City of Evanston Community Development Block Grant Target Area, which may open federal grant, loan, or subsidy pathways for qualifying nonprofit and community-facility buyers pursuing acquisition, rehabilitation, or facility improvements. Buyers should verify current program availability and eligibility with the City of Evanston Community Development Department. Dempster Street is a primary east-west arterial connecting Evanston to Skokie, Morton Grove, and the Edens Expressway. Median household income within one mile is $101,916. Metra's Davis Street and Main Street stations on the Union Pacific North Line are approximately 1.7 and 1.9 miles east, and O'Hare International Airport is roughly 14 miles away. The property is currently exempt from property tax under nonprofit ownership. It carries no historic landmark designation and is not located within a historic district, zoning overlay, or Transit-Oriented Development zone. Information deemed reliable but should be verified by purchaser.

Property Subtype:

Auto Repair

Date on Market:

2026-08-21

Elk Grove Village Retail for Sale - Schaumburg Area

Fully Equipped Truck Maintenance Facility For Sale Sale can include business and equipment along with building - or building only. Business financials available upon request. 4,000 SF Building 3 Drive-Through Repair Bays 1 Drive-Through Wash Bay Approximately 600 SF 2-Story Office Space 0.66 Acre Lot Triple Catch Basin Floor Drains Built in 2006 Zoned B3 (Automotive) Fantastic Exposure on High Traffic Busse Rd. 15 ± Car Parking Spots Sale Price: $1,400,000

Property Subtype:

Auto Repair

Date on Market:

2026-08-20

Harrisburg Retail for Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased CVS Pharmacy located in Harrisburg, Illinois. CVS has operated from this location for more than 25 years. CVS is currently operating on a long-term net lease that extends through June 2038, with approximately 12 years of remaining term. Additionally, the lease provides for 5% rental increases in each of the four 5-year renewal options. The lease is backed by CVS Corporation, and the tenant maintains investment-grade credit ratings of BBB from S&P and Baa3 from Moody’s. The 10,722 square foot building is positioned at the northwest corner of Commercial Street and Poplar Street in downtown Harrisburg, the county seat of Saline County. Harrisburg serves as the commercial and administrative hub of Saline County and is accessed by the convergence of four highways - U.S. Route 45, IL Route 13, 145, and 34 The trade area is anchored by a Walmart Supercenter and by SIH Harrisburg Medical Center, a 77-bed community hospital, and the city is nationally recognized as the gateway to the Shawnee National Forest and the Garden of the Gods Recreation Area, drawing consistent visitor traffic. Surrounding national and regional retailers include ALDI, Kroger, McDonald’s, Taco Bell, KFC, Dollar General, O’Reilly Auto Parts, Murphy USA, Sonic Drive-In, Dairy Queen, Burger King, and Scooter’s Coffee. CVS Health Corporation is one of the largest integrated healthcare and pharmacy companies in the United States, operating approximately 9,000 retail pharmacy locations nationwide. Founded in 1963 as Consumer Value Stores and headquartered in Woonsocket, Rhode Island, the company has grown into a diversified healthcare enterprise spanning retail pharmacy, pharmacy benefit management through CVS Caremark, and health insurance through its Aetna segment. CVS Pharmacy remains the consumer-facing retail brand, offering prescription services, health and wellness products, and everyday convenience goods.

Property Subtype:

Freestanding

Date on Market:

2026-08-20

Chicago Heights Retail for Sale

KW Commercial and Keller Williams ONEChicago are pleased to present 40–44 W.? Lincoln Highway in Chicago Heights, Illinois—an updated 2-building retail/office opportunity offered for sale at $590,000.? The offering consists of a 5,600-square-foot building at 44 W.? Lincoln Highway and a separate 1,000-square-foot building at 40 W.? Lincoln Highway, providing 6,600 square feet of total rentable building area on 21,687 square feet of land.? At $89.39 per building square foot, the property presents an attractive basis for an owner-user, investor, or operator seeking a flexible commercial location along the highly visible Lincoln Highway corridor.? Recent Property Improvements Ownership has completed several meaningful capital and operational improvements, including: ?New roof installed on the smaller building in May 2026 ?Two new HVAC systems ?New clear protective coating applied to the flooring ?New security system ?Multiple additional building and property upgrades These improvements enhance the property’s condition, functionality, and overall presentation while potentially reducing near-term capital requirements for a purchaser or future occupants.? Leasing and Income Potential The available retail/office space is being marketed at $12.00–$15.00 per square foot.? At full occupancy, the property could generate $91,350 in annual base rental income.? When leases are structured on a triple-net basis, tenants may reimburse ownership for applicable real estate taxes, property insurance, and common-area maintenance expenses.? This structure can reduce ownership’s operating-expense exposure and strengthen the property’s stabilized income potential.? The 2-building configuration also provides multiple occupancy strategies.? A purchaser could occupy one building while leasing the other, lease the buildings separately, or reposition the entire property for one larger user, subject to zoning and municipal approval.? Potential Cook County Class 8 Tax Incentive The property is located within Bloom Township, one of the Cook County townships eligible for the Class 8 property-tax incentive program.? Qualifying commercial or industrial redevelopment and reoccupancy projects may receive a reduced assessment level of 10% of market value for the first 10 years, followed by 15% in year 11 and 20% in year 12.? The standard Cook County commercial assessment level is 25%.? This potential incentive could materially reduce occupancy costs and provide an effective tenant-attraction and redevelopment tool.? Eligibility is not automatic and remains subject to timely application, applicable property and project requirements, municipal support, Cook County approval, and program continuation.? Prospective purchasers and occupants should independently confirm eligibility and estimated savings with the City of Chicago Heights, Cook County Assessor, and qualified tax counsel before beginning improvements or occupying the property.? With an asking price of $590,000, recent building improvements, target rents of $12.00–$15.00 per square foot, and potential Class 8 incentive eligibility, 40–44 W.? Lincoln Highway offers a compelling combination of attainable acquisition basis, lease-up potential, owner-user flexibility, and long-term value creation.? All property measurements, traffic counts, demographic information, zoning, permitted uses, financial projections, and tax-incentive eligibility s should be independently verified by prospective purchasers.?

Date on Market:

2026-08-18

Harrisburg Retail for Sale

511 S Main St presents an opportunity to acquire a single-tenant bank property in Harrisburg, Illinois with an absolute NNN lease structure. The offering is backed by a banking institution reported in the marketing materials as having approximately $2 billion in assets, providing investors with a credit-oriented tenancy profile and a lease structure designed to minimize landlord responsibilities. The property includes three drive-thru bays and an on-site ATM, features that support customer convenience and ongoing branch operations. Located along South Main Street, the property benefits from a position within Harrisburg's established commercial corridor, providing visibility and access to local residents, businesses, and daily traffic patterns. The branch serves a community base supported by surrounding households and consumer activity within the immediate trade area. Marketing materials indicate population estimates of 5,583 within one mile, 8,966 within three miles, and 10,458 within five miles of the property. The offering is further supported by reported branch deposits exceeding $5 million and a remaining lease term of seven years. Renewal options reportedly extend occupancy potential through October 2042, creating a longer-term investment horizon for prospective buyers. The combination of a net-leased structure, established banking use, drive-thru functionality, and renewal option framework positions the asset as a potential passive investment opportunity within Southern Illinois.

Property Subtype:

Bank

Date on Market:

2026-08-18

Carol Stream Retail for Sale - North DuPage

Lee & Associates is pleased to exclusively offer for sale the fee simple interest in a freestanding Westside Children’s Therapy facility located at 411 E Geneva Road in Carol Stream, Illinois, within the Chicago MSA. The property consists of a 7,500-square-foot building situated on approximately 1.27 acres with 60 parking spaces. Westside Children’s Therapy operates under a Double-Net (NN) lease with 2% annual rent increases, a primary term extending through December 27, 2032, and two additional five-year renewal options. The tenant is responsible for HVAC, taxes, insurance, and CAMs, while landlord responsibilities are limited to the roof, structure, and parking lot.

Property Subtype:

Freestanding

Date on Market:

2026-08-17

Lakemoor Retail for Sale - Central Northwest

Verizon is the largest wireless telecommunications provider in the United States. The company offers the largest 4G LTE network in America and the nation’s largest high-speed 3G network. For residential customers, Verizon FiOS is America’s largest 100% fiber-optic network to the home, providing the nation’s fastest, most consistent and most reliable Internet service, as well as TV with the best picture quality. The Village of Lakemoor is located in Lake and McHenry counties in Illinois. Lakemoor is strategically located in the Chicago metro area and is home to high traffic regional transportation corridors, making it easily accessible by nearby communities. Illinois Broker of Record: Steven Weinstock | One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 | P: (630) 570-2200 | Lic #: 471.011175 | Steven.Weinstock@MarcusMillichap.com

Property Subtype:

Freestanding

Date on Market:

2026-08-17

Chicago Retail for Sale

2653 W. Peterson Avenue presents an excellent owner-user or investment opportunity in Chicago’s North Side. The 2,200 SF commercial building features an existing medical buildout with a functional multi-room configuration suited for continued healthcare use and adaptable to professional, service-retail, or other commercial users. The property offers prominent visibility along busy Peterson Avenue, convenient access to the surrounding residential neighborhoods, and four parking spaces. Offered at $550,000, or $250 per square foot, with real estate taxes reported at $5.43 per square foot. The property’s established location, flexible layout, modern storefront, and proximity to area businesses make it a compelling medtail or commercial acquisition opportunity.

Property Subtype:

Storefront

Date on Market:

2026-08-17

Quincy Retail for Sale

Opportunity is knocking! Bring your vision to life with this exciting commercial property offering incredible potential for an established nightlife venue, entertainment space, or a completely new concept. Currently configured as a nightclub and bar, the property features a 39x50 outdoor patio. There are two inside restrooms and two more located outside for added convenience. A dedicated dance floor creates the perfect setting for live entertainment, dancing, and special events. Upstairs the VIP spaces offer additional possibilities or future customization. With its existing layout and versatile spaces, this property is ready to continue as a nightclub/bar or become whatever your vision inspires. So much opportunity, so many possibilities-come take a look and imagine what you can create. To see the books the owner request a pre-approval letter & signed Non-Disclose Form. Information in documents of list of improvements provided by Seller.

Property Subtype:

Bar

Date on Market:

2026-08-17

La Grange Park Retail for Sale - Eastern East/West Corr

Exceptional & rarely available freestanding corner commercial building offering outstanding visibility and flexible space in La Grange Park. Currently home to the La Grange Park Antique Mall, the property features a rear loading dock, private on-site parking, and ample street parking. Inside, the building showcases exposed brick walls, soaring ceilings, concrete floors, exposed spiral ductwork, and two ADA-compliant restrooms. Commercial zoning supports a wide variety of retail, office, showroom, creative, and service uses, making this an excellent opportunity for both owner-users and investors. Sold and/or leased AS-IS. Owner is a licensed Managing Broker in the State of Illinois.

Date on Market:

2026-08-14

Illiopolis Retail for Sale

Former boutique wedding and prom dress store. Significant inventory available if the buyer would like to include in the purchase. Building could be used for retail again or for office (such as law firm), or could be further renovated and used for residential and/or live/work space. If Buyer so desired, the substantial inventory can be included in the purchase. Sale includes vacant lot adjacent to the north.

Date on Market:

2026-08-13

Chicago Retail for Sale - Northwest City

One Story Neighborhood retail space Approximately 1,725Sqft. Interior size 23ft. x75ft. Open & spacious floor plan . ADA bathroom, Office, Storage room, Furnace and central air approximately five years old Roof is ten years old Highly traffic commercial district on Belmont Ave Currently occupied by Societa' Maria SS Addolorata Mola Di Bari Street parking as well two back of building parking lot parking

Property Subtype:

Storefront

Date on Market:

2026-08-13

Oswego Retail for Sale - Joliet/Central Will

This 100 percent occupied center is anchored by Chipotle and shadow-anchored by Walmart, featuring a roster of national net-leased tenants with a 17.53-year weighted tenant tenure and a 5.31-year WALT. Jersey Mike’s recently extended early and has over nine years of term remaining. Chipotle has over seven years remaining with four five-year renewal options and ranks as the 20th highest-grossing location in Illinois, placing it in the top 20 percent nationally with approximately $4.0 million in sales (Placer.ai). Dunkin’ has over six years remaining on its lease and features a drive-thru, adding value and flexibility for the existing tenancy and future users. Visionworks is the most visited location in the state and ranks in the top 13 percent nationally (Placer.ai). The property is located within the Prairie Market, ranked #8 most visited power center in Illinois with approximately 8.0 million annual visitors (Placer.ai). The center is strategically positioned between two stoplights and benefits from exceptional visibility along US Highway 34 with 26,300 vehicles per day. Surrounding traffic drivers include Oswego Commons and Gerry Centennial Plaza, together generating over 11 million annual visits (Placer.ai). The area is supported by 201,712 residents within five miles and an average household income of $125,013 within one mile.

Property Subtype:

Freestanding

Date on Market:

2026-08-13

Mattoon Retail for Sale

This NN-leased O’Reilly Auto Parts investment offers 10 years of remaining term and is corporately guaranteed by O’Reilly Automotive, Inc., providing secure and stable cash flow. The tenant has successfully operated at this location since 2016, demonstrating long-term commitment to the site. The lease includes four 5-year renewal options with scheduled 6% rental increases every five years, offering attractive future income growth. The property is positioned at a high-visibility hard-corner intersection along Charleston Avenue, with convenient access to Interstate 57 and proximity to the Mattoon Amtrak station. The asset benefits from strong surrounding retail drivers, including Cross County Mall and Walmart Supercenter, within a dense trade area of over 17,000 residents and nearly 23,000 employees within three miles.

Property Subtype:

Auto Repair

Date on Market:

2026-08-13

Lake Zurich Retail for Sale - Central Northwest

New 10-Year Lease Extension (Tenant Since 2014) | Absolute NNN Corporate Goodyear Tire (NASDAQ: GT) | Shadow-Anchored by Mariano’s (Top 10% in IL, *Grocer Category; Placer.ai) | Affluent Chicago Suburb; $230,000+ AHHI

Property Subtype:

Auto Repair

Date on Market:

2026-08-12

Batavia Retail for Sale - Western East/West Corr

2,777± SF fully updated and equipped restaurant building downtown Batavia. Move-in ready and includes complete commercial kitchen, dine-in area office and ample storage. On-site and street parking available. *Please refer to the brochure for a detailed list of building improvements.

Property Subtype:

Restaurant

Date on Market:

2026-08-12

Moline Retail for Sale - Greater Moline

Property Subtype:

Convenience

Date on Market:

2026-08-12

Wheaton Retail for Sale - Western East/West Corr

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Tommy’s Express Car Wash investment property located in Wheaton, Illinois. The tenant, ZJF Wash One, LLC (dba Tommy’s Express Car Wash) recently signed a brand new 25 year lease with 7 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. The Tommy’s Express Car Wash is located along N. Gary Avenue with direct frontage and exposure to approximately 16,100 vehicles per day. The asset is positioned just south of Geneva Road, a major east/west commercial corridor with approximately 26,900 vehicles per day, and benefits from two access points along N. Gary Avenue. The property is located within a strong retail corridor surrounded by national/credit tenants including Thorntons, Dunkin’, Subway, Starbucks, Goodwill, Jiffy Lube, PNC Bank, Verizon, UPS, Firestone, Wendy’s, Home Depot, Jimmy John’s, Jack in the Box, Tropical Smoothie Cafe, U.S. Bank, Jewel-Osco, Dollar Tree, Ace Hardware, and more, further increasing consumer traffic to the site. The subject property is also located near major community and demand drivers including Wheaton North High School, Wheaton College, Glenbard West High School, Glenbard East High School, and Northwestern Medicine Central DuPage Hospital, a 390-bed / 505,000 square foot regional medical facility. The 5-mile trade area is supported by a population of approximately 238,569 residents with an average household income of approximately $150,372.

Date on Market:

2026-08-11