Channahon Retail for Sale - Joliet/Central Will

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute, franchisee guaranteed, Valvoline investment property located in Channahon, Illinois (Chicago MSA). The tenant, A.D. Kenwood Company, has 19 years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features annual 2% rental increases during the first five years of the term, followed by 10% rental increases every 5 years throughout the remainder of the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The tenant, A.D. Kenwood Company, is a top-performing Valvoline Instant Oil Change franchisee with exclusive development rights across the south Chicago suburbs and northwest Indiana, operating seven locations with additional sites in the pipeline. Additionally, qualifying oil change equipment and site improvements are eligible for 100% bonus depreciation, allowing investors to accelerate deductions and maximize tax benefits.

Property Subtype:

Freestanding

Date on Market:

2025-11-21

Morton Retail for Sale - Outlying Tazewell County

Seize the opportunity to own a modern, fully built-out restaurant property in one of Morton’s most visible and high-traffic corridors. This 2020 construction combines contemporary design with operational readiness, featuring a drive-thru and complete kitchen setup for immediate occupancy. Located off Interstate 74, the site delivers unmatched exposure and accessibility, supported by a prominent pylon sign visible from the highway. The property sits adjacent to a Kroger-anchored center and is surrounded by leading national brands, ensuring consistent customer flow. Morton’s strong demographics, regional connectivity, and thriving retail environment make this an exceptional investment for operators seeking growth in a dynamic market.

Property Subtype:

Fast Food

Date on Market:

2025-11-21

Washington Retail for Sale - Outlying Tazewell County

Positioned on one of Washington, Illinois’s most heavily trafficked corridors, 1106 Peoria Street offers a rare opportunity to acquire a freestanding retail asset with immediate operational potential. Formerly operating as a quick-service restaurant, the property is fully built out and includes a drive-thru, making it ideal for food service, retail conversion, or redevelopment. The 1,920-square-foot building sits on a 0.55-acre parcel and benefits from C-2 zoning, allowing for a wide range of commercial uses. The site enjoys exceptional visibility and access along Peoria Street, a key commercial artery in Washington, with neighboring national retailers such as Walgreens, CVS, and Hardee’s driving consistent foot traffic. The surrounding area is characterized by strong demographics, including an average household income exceeding $110,000 within a five-mile radius and a stable population of over 30,000 residents. Washington’s proximity to Peoria—just 10 miles west via U.S. Route 24—positions the property within reach of major employers and regional amenities while maintaining the charm and stability of a suburban community. This asset is well-suited for investors seeking a high-visibility location in a growing market or for owner-users ready to capitalize on the existing infrastructure. With its strategic location, built-in drive-thru, and proximity to established co-tenants, 1106 Peoria Street stands out as a compelling retail opportunity in Central Illinois.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Stillman Valley Retail for Sale - I-39 Corridor/Ogle County

Step into an incredible opportunity with this legendary local bar and restaurant, available for the first time in decades and offering a truly seamless, turn key transition for its next owner! With seating for more than 100 guests, this vibrant establishment combines a full dining room, a welcoming bar area, and a lively atmosphere that has made it a cornerstone of downtown Stillman Valley. Housed in a charming historic building right in the heart of the community, the property also includes a spacious one bedroom upper apartment, perfect for owner occupancy, staff housing, or additional rental income. Known throughout the region as Fritz's Wooden Nickel, this beloved destination has proudly served generations of locals and visitors, building a loyal following and a reputation for great food, friendly service, and unforgettable gatherings. This sale includes everything you need to hit the ground running, inventory (excluding a few personal items), equipment, furnishings, and even four slot machines included in the stock sale for added revenue and an easy handoff. The current owners are committed to your success and will stay on to assist with a smooth transition, ensuring operations continue without interruption. A highlight of the business is the famous summer steak fry, famous Fish Fry and incredible salad bar, a long-standing tradition that draws crowds from near and far and has become a signature event in the community. With its historic charm, thriving customer base, and unmatched local presence, Fritz's Wooden Nickel is more than just a bar and restaurant, it's a Stillman Valley institution. This is your chance to carry on the legacy, add your own vision, and take this community favorite to the next level!

Date on Market:

2025-11-20

Peoria Retail for Sale - North Peoria

Positioned in a high-visibility retail corridor, this freestanding former quick-service restaurant (QSR) at 8905 N Allen Rd in Peoria, Illinois presents a turnkey opportunity for investors or owner-users. The property spans 2,707 square feet on a 0.68-acre parcel and is fully equipped with kitchen infrastructure, including a drive-thru, making it ideal for immediate reactivation or redevelopment. Strategically located as an outparcel to Walmart, the site benefits from consistent foot traffic and strong visibility along N Allen Road, with direct access to Route 6. The surrounding area is a vibrant retail hub, featuring national brands such as Menards, Aldi, AutoZone, Bob Evans, Arby’s, and Burger King, reinforcing the location’s commercial appeal. Peoria, a mid-sized city in central Illinois, boasts a population of approximately 111,700 (2024 estimate), with over 72,000 residents within a 5-mile radius. The average household income in this area exceeds $100,000, and the average home value ranges from $226,849 to $274,493, indicating a stable and affluent consumer base. This property’s C2 zoning allows for a variety of commercial uses, and its existing infrastructure significantly reduces startup costs for food service operators. Whether repurposed for another QSR concept, retail storefront, or service-based business, the site offers a compelling blend of location, visibility, and built-in value.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Pekin Retail for Sale - Outlying Tazewell County

Positioned on the high-traffic corridor of Court Street in Pekin, Illinois, this freestanding former quick-service restaurant (QSR) presents a prime opportunity for investors or operators seeking immediate market entry. Built in 2020 and spanning 2,275 square feet on a 0.84-acre parcel, the property is fully equipped with kitchen infrastructure and a drive-thru, minimizing startup costs for a new tenant or owner-user. Strategically located as an outlot to Harbor Freight, Dunham’s Sports, and ALDI, the site benefits from consistent foot and vehicle traffic. The surrounding trade area is anchored by a robust mix of national retailers including Starbucks, Menards, Hobby Lobby, Wendy’s, Culver’s, and Petco, reinforcing the location’s retail vitality. The property’s visibility and accessibility are further enhanced by its placement along Court Street, one of Pekin’s most traveled thoroughfares. Pekin, the county seat of Tazewell County, is a key component of the Peoria metropolitan area. With a population of over 31,000, the city offers a diversified economic base spanning manufacturing, agriculture, and logistics. Its proximity to Peoria and access to rail, river, and highway infrastructure make it a compelling location for commercial investment. This asset is ideal for a variety of retail or food service concepts seeking a turnkey solution in a thriving regional market.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Hoffman Estates Retail for Sale - Schaumburg Area

Surmount is pleased to present the exclusive listing for a Steak n' Shake located at 1825 Barrington Road, Hoffman Estates, IL 60169. The site consists of roughly 3,750 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Steak n' Shake is subject to an original 18-year Triple Net (NNN) lease, which commenced 7/4/1998. The current annual rent is $125,377 and the tenant has two 5-year extension options remaining.

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Maywood Retail for Sale - Melrose Park Area

5,200 sqft commercial ground level with nine separate spaces that can be configured as desired. Six 1 Bedroom 1 Bath and Two 2 Bedroom 1 Bathroom apartments on 2nd level. Tenants pay Heat and electric. Ample parking in rear of property for commercial tenants and apartment renters. Commercial space has access both from street and parking area if so desired. Upside with commercial leasing income. Land Area 23,500sqft

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-19

Glenwood Retail for Sale - Far South

A Premier opportunity to acquire a 29,000 Sq Ft retail center built in 2022 on 2.5 Acres with 2 High Revenue businesses included in the sale. Ideally positioned on Halsted St with 35,200 Daily traffic count and just over 1 Mile from I-80-Halsted Interchange that has 186,000 daily traffic count. Average household income of $110,000 within a 1-mile radius. Class 8 Tax Incentive approved in 2025. Whether you’re an owner-user or an investor, this property represents a rare opportunity to secure a large, high-visibility commercial asset in a strong south suburban Chicago location.

Property Subtype:

Storefront

Date on Market:

2025-11-19

Chicago Multifamily for Sale - River North

Sale Lease back opportunity, Great Professional Office condominium for sale, With an Already in place corporate tenant with a Guaranteed 10 year NNN lease, Solid tenant, ensuring immediate, consistent rental income for the buyer. Perfect for Investment and to add to your income portfolio. Extremely rare offering here, NOI Is $167,091, Excellent visibility in highly desirable, prime location. 4,200 SQ FT, DX-7 Zoning. This is a must-see, well-appointed, professional office environment. High End Modern, open office space. This unit is on the Ground Level, If not used for the current tenant in the future, This is Perfect for any business, office, tech, government, real estate, insurance, Mortgage, Financial Trading Medical dental, retail. Very Well maintained. Currently used as a Corporate Office, The unit is Completely and fully built out, turn-key, move-in ready with 9 executive, private office suites, cubicles for support staff, 1 conference room, supply storage room, 2 large, modern restrooms, full, private kitchen/break area. Fully wired with fiber optic, Internet, phone, Cat 5 and music. Handicap accessible from interior entrance. Unit features a full, sprinkler system. All new, commercial grade, copper plumbing throughout the unit. Near public transportation (Bus and Train Metra and CTA). Right off The Ohio spur downtown. Quick access from all highways. Assessment includes water, rubbish, scavenger, maintenance, elevator fees. Ownership is willing to discuss a Sale Leaseback, Surrounding area retail business includes East Bank Club, Erie Cafe, Do not bother the tenant, Call listing broker for showing.

Property Subtype:

Apartment

Date on Market:

2025-11-19

Chicago Retail for Sale - South Chicago

– Building includes 2 retail / commercial spaces with 6 parking spaces in front, plus 7 additional parking spaces in back – 4 bathrooms – Building is equipped with security features including exterior security gates and vault room – Ceilings: 10.5 Ft to finished ceiling; approx 14.5 Ft to roof – Additional storage available in basement – High-visibility location with traffic counts of 14,800 vehicles per day – Property is steps from #87 87th St bus and 0.4 miles from #28 Stony Island bus stop, and 0.4 miles to Metra Electric 87th St station. – Other nearby businesses include McDonald's, Hana's Food and Liquor, and Seafood Junction. -- 1301 (west space): 6,618 Sq Ft - owner occupied - owner willing to vacate upon sale or is willing to remain and pay rent at a discounted rate of $6,000 / month -- 1309 (east space): 3,116 Sq Ft - vacant

Property Subtype:

Freestanding

Date on Market:

2025-11-19

Danville Retail for Sale

We are pleased to present for sale the vacant CVS property located at 900 E. Main St, Danville, IL 61832 (the “Property”). The ±13,225 square foot freestanding building was constructed in 2010 and sits on fee simple land along East Main Street (IL-1) a key north-south arterial through Danville offering high visibility and convenient access to US Route 150 and Danville Mass Transit. CVS remains obligated on the lease through January 30, 2035, with a corporate guarantee in place during the base term. Notably, the lease provides for a free rent period beginning February 1, 2032. The buyer will benefit from approximately $2,188,986 in remaining rental income over the next 6+ years. Listed in conjunction with Brian Brockman, Bang Realty - Illinois, 513-898-1551, wg@bangrealty.com, IL DRE Lic. 471020548.

Property Subtype:

Freestanding

Date on Market:

2025-11-19

Virden Retail for Sale - Macoupin County

This retail property at 905 N Springfield Street in Virden, Illinois, offers a strong investment opportunity in a well-established commercial corridor. The site spans approximately 0.90 acres and includes a 3,060-square-foot building positioned along a primary thoroughfare with steady local traffic. Its location within Macoupin County provides convenient access to the St. Louis metropolitan area, making it attractive for regional businesses seeking a presence in a growing trade area. The property benefits from proximity to local amenities, including restaurants, banks, and retail services, which support consistent customer flow. With a listed sale price of $520,000, this asset is well-suited for owner-users or investors looking to secure a property in a stable market with long-term potential.

Property Subtype:

Fast Food

Date on Market:

2025-11-18

Bourbonnais Retail for Sale

Mid-America Real Estate Corporation, has been exclusively retained by the owner to sell the 100% fee simple interest in Bradley Commons Outlot. The subject offering presents investors the opportunity to acquire a 100% occupied multitenant outlot positioned amongst the trade area’s highest performing national retailers and restaurants.

Property Subtype:

Storefront

Date on Market:

2025-11-18

Litchfield Retail for Sale

MONEY MAKER! Established downtown business for sale with 7 streams of revenue. Large display windows face State Street with three different entrances into the building. A spacious salon complete with a waiting area, a spray tan room, a tattoo makeup station, hair washing station, and multiple hair cutting stations. Public bathroom on the main level, and a utility area with a washer & dryer. Barber station with it's own entrance. Upstairs you will find two rented and renovated apartments. Apartments are metered separately, tenants pay their own water & electric. Plenty of room for private parking behind the building. Roof installed in 2019, All HVAC except one unit has been replaced in the last four years. Detailed financial information available upon request.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-14

Carterville Retail for Sale

This 6400 square foot commercial building, sitting on 1.74 acres, has been carefully maintained and is in excellent condition. Designed for multiple tenants, it offers flexible space options that can accommodate a variety of businesses. The property features ample parking, making it convenient for both employees and customers. Its location provides strong visibility along a busy corridor, ensuring consistent exposure to passing traffic. With its combination of size, condition, and accessibility, this property represents a solid opportunity for businesses seeking a professional and well positioned space

Date on Market:

2025-11-14

Mazon Retail for Sale - Grundy County

PRIME DOWNTOWN MAZON COMMERCIAL BUILDING WITH 4 RENTED APARTMENTS! Attention investors and entrepreneurs-this is a fantastic opportunity to own a well-maintained mixed-use building in the heart of downtown Mazon, offering strong rental income and endless business potential. The main level features approximately 3,000 square feet of commercial space divided into two large storefronts with tall ceilings, great display windows, and separate entrances from Depot Street and the rear parking lot. Each space includes large open space, storage areas, and bathrooms. The layout offers flexibility for retail, office, bar and grill, restaurant, or gaming use, with most of the infrastructure and plumbing already in place to accommodate food service. The roof was replaced in 2024, providing peace of mind for the next owner. Upstairs are four fully rented residential apartments-two 2-bedroom and two 1-bedroom units-with three of the four apartments updated within the past 18 months. All tenants pay their own utilities, and the current monthly residential rental income totals $3,650. Each unit has its own separate electric and water service. The building has some updated plumbing, 400-amp electrical service, and uses city water and sewer. Off-street parking is available in the rear of the building. This property offers both reliable income and significant upside potential. The B-1 zoning allows for a wide variety of business uses, making it ideal for anyone seeking a strong investment property or a live/work opportunity. Whether you're looking to open your own business on the first floor while collecting rent from the apartments above or simply seeking a steady cash-flowing investment, this building delivers on all fronts. Do not disturb tenants. Call or email for full income and expense details or to schedule a private showing.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-13

Wheaton Portfolio of properties for Sale - Western East/West Corr

EXCELLENT LOCATION ~ONLY SOLD as Portfolio 117-121 W. WESLEY~ Downtown Wheaton Retail District ~ Zoned C-2 ~ Lower-Level with Rustic Stone Walls, ADA Bathroom plus Private Meeting Room ~ Upper-Level measures about 2000 Sq. Ft. of Offices & Two Bathrooms ~ Property includes Parking Lot behind Building ~ Additional parking across the street in Lot #2 ~~~~~ONLY SOLD with 121 W. Wesley TOTAL PACKAGE $1,675,000

Date on Market:

2025-11-12

Bloomington Retail for Sale

Property Subtype:

Freestanding

Date on Market:

2025-11-11

Itasca Retail for Sale - North DuPage

Prime Investment Opportunity in Itasca! Exceptional chance for investors to acquire a high-visibility strip center in a high-traffic area of Itasca. Currently owner-occupied, with ownership vacating upon sale, offering immediate potential for repositioning or lease-up. This property features nearly 13,000 SF of flexible retail space with up to four storefronts possible, ideal for a variety of tenants. The site includes 65 parking spaces and six rooftop HVAC units ensuring optimal comfort and convenience. Located at the entrance of the Spring Lake Business Park, this property offers outstanding exposure and accessibility—an ideal setup for an investor seeking strong ROI potential and long-term value growth.

Date on Market:

2025-11-11

Macomb Retail for Sale

Location, Location, Location. This commercial property, located just across from Walmart and other major retail stores, is next to the proposed new SPORTS COMPLEX on 30 acres just east of this location. Once used as a car dealership, with 124’ of frontage along HWY 136/67, and 1.96 total acres. This property has lots of business potential. On the property are three buildings, one of which is an office/retail building with 2,280 sq ft, built in 1995. It currently has four office spaces, a showroom, 2 half baths, and a break room. Another building offers 1,800 sq ft and has been used as a detail shop; it features three 8x10 overhead doors, a 49x29 shop area, an office, a half bath, and 10’ ceilings. On the back side of the lot is a Morton-type building. It has 2592 sq ft, with four overhead doors, one 12x14 and the other three 12x12, a shop area that is 61x34, an office area, a half bath, and a loft area for storage. The front part of the property has a 257x115 concrete parking lot, and a blacktop parking lot on the back side. Additional acreage is also available if needed: 3.35 acres total, located behind this property and for sale, and is right west of what could be the SPORTS COMPLEX. Seller is willing to divide the property or lease part with acceptable offers.

Property Subtype:

Auto Dealership

Date on Market:

2023-11-27

Chicago Multifamily for Sale - Northwest City

Choose from an incredible variety of floor plans offering upscale urban finishes. including hardwood flooring, granite kitchen countertops and a stainless steel appliance package. Enjoy building amenities including a secure lobby with doorman, heated garage parking, on-site fitness and business centers, and a rooftop deck with breathtaking skyline views. Old meets new. Classic architecture and new mechanical systems, including electrical, plumbing. heating, air conditioning and elevators. It's all taking place right here in Avondale, one of the city's hottest up-and-coming neighborhoods. The Shoemaker Lofts puts you near quality public parks and retail stores, within a mile of the Kennedy Expressway and close to public transportation. It's the last great loft building in Chicago. Don't let it pass you by.

Property Subtype:

Apartment

Date on Market:

2025-11-10

South Chicago Heights Retail for Sale - Far South

SVN Chicago Commercial is pleased to present American Plaza, a ±63,148 SF multi-tenant neighborhood retail center located at 3300–32 Chicago Road in South Chicago Heights, Illinois. Fully renovated in 2019, the property features 13 tenant units and is currently 100% occupied, with value-add potential through stabilization of the final remaining space. Anchored by Save-A-Lot, O’Reilly Auto Parts, and Family Dollar, with Jewel-Osco as a shadow anchor, the center offers a strong mix of national and local retailers. Situated on 4.55 acres in Cook County, approximately 28 miles south of downtown Chicago, American Plaza benefits from high visibility along a dense retail corridor.

Property Subtype:

Storefront

Date on Market:

2025-11-06

Chicago Retail for Sale - Northwest City

EXTREMELY MOTIVATED SELLERS! Essex 312, LLC is exclusively engaged to market for sale 2001-09 W. Howard St., a 13,059 SF commercial property located at the intersection of Howard St. and Damen Ave. in Chicago's Rogers Park neighborhood. This property is ideally suited for residential and retail redevelopment or can continue its current operations. In May of this year, the 49th Ward of Chicago upzoned the Howard St. corridor to B2-3 to encourage development and growth. The new zoning allows for a Floor Area Ratio (FAR) of 3.0, enabling a potential 39,177 SF mixed-use development by right. The property currently consists of five storefronts, subdivided into three retail units. Current tenants include Super Tasty Sub and The Way Mission Inc., while the third space remains vacant in a vanilla box condition, offering immediate leasing opportunities or repositioning potential. Located along a major east-west corridor, the site benefits from strong vehicle and pedestrian traffic, its proximity to the Howard CTA terminal, and a dense surrounding residential population. The corner lot features over 100 feet of frontage, ensuring excellent visibility and access for both tenants and customers. 2001-09 W. Howard St. presents a rare combination of existing cash flow, lease-up potential, and long-term redevelopment upside, making it a compelling investment opportunity in the heart of Rogers Park.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-11-06