Smithton Retail for Sale - Illinois

NAI DESCO is pleased to present Fieldstone Mall, a 9,450-square-foot multi-tenant retail center located in Smithton, Illinois (St. Louis MSA). The property is 92% occupied, secured by four (4) tenants, and offers a strong value-add opportunity for investors. Buyers can significantly increase NOI by converting the current modified gross leases to NNN leases upon lease expiration. Strategically positioned off IL State Route 159, the property benefits from high visibility, with 12,646 cars per day passing by. The 10-mile population surrounding the property is 105,447, while the 3-mile average household income is $126,959 per year. This investment presents an ideal opportunity for a 1031 exchange buyer seeking a stable, income-producing asset with potential for enhanced returns.

Property Subtype:

Storefront

Date on Market:

2025-04-24

Chicago Retail for Sale - Northwest City

Corporately held Tavern & Package Goods licenses with real estate. Corner location with 54 feet of frontage on Pulaski and 120 feet of depth on Eddy. 3,000 SF building on a 6,480 SF double lot in the South Old Irving Park neighborhood. Interior height to drop ceiling is 10 feet; past the drop ceiling is a total height of 12 feet to a pristine, vintage tin-ceiling. Two entrances 1) on Pulaski and 2) on the corner of Pulaski & Eddy. Parking lot in the rear can easily accommodate 10 cars and more if the black-top was striped and the potential of additional income with a cellphone-tower lease. Traffic count on Pulaski is 19,800 vehicles daily. Roof updated in 2020. Zoning B3-1. 2023 RE taxes: $17,515. The real estate is to be sold AS-IS. Proof of funds is required prior to scheduling a showing. Do not disturb the business and its employees.

Property Subtype:

Storefront

Date on Market:

2025-04-24

Portfolio of properties for Sale - South Durham

Available Individually or as a Portfolio

Date on Market:

2025-04-24

Lindenhurst Retail for Sale - Far North

100% Occupied Center built in 1987 - Good Tenant Mix including Two National Franchise Tenants. High Traffic Count Location with approx. 180 frontage footage on Illinois State Route 132 and Sand Lake Road. Lighted Intersection between McDonalds and Mobile Station. 34 parking spaces in Front Lot and Large Back Parking lot off of Sand Lake Road ( approx 280 fee of frontage ) with large parking lot with Ample Parking and EZ delivery. Value added Improvements include parking lots, marquee sign, Roofs and tenant added improvements. Income/Expenses are accurate.

Property Subtype:

Freestanding

Date on Market:

2025-04-23

Mchenry Retail for Sale - Far Northwest

Here’s your opportunity to own UpRooted Restaurant, one of McHenry's premier fine dining destinations. Located just a quarter mile east of the Fox River on the north side of Route 120, this property is rich in history and modernized for today's culinary excellence with gross sales of over $1,450,000. Originally built in 1938 and expanded through the years, this property has undergone a stunning transformation since it was purchased in 2015. This turnkey sale includes real estate, land, building, recipes, supplies, and all equipment for a seamless transition. The building was fully gutted and updated with a new roof, plumbing, electrical, and city water/sewer conversion. Handicap-accessible restrooms, a state-of-the-art kitchen, and tastefully remodeled dining and bar areas ensure a modern and comfortable guest experience. The dining room features new walls and ceilings for a welcoming environment, while the bar showcases beautiful hickory, hard maple, and pine finishes. The freshly painted exterior and large front deck enhance curb appeal and provide alfresco dining options. The property has a rich history, having once served as the McHenry Moose Lodge, and later an Off-Track Betting venue before its transformation into the UpRooted Restaurant. As McHenry's top fine dining destination, this restaurant offers a unique farm-to-table menu and a commitment to quality and innovation. With upscale interiors, modern amenities, and a built-in customer base, UpRooted Restaurant is ready for its next chapter. Please do not disturb business, management, or employees.

Property Subtype:

Restaurant

Date on Market:

2025-04-23

Chicago Retail for Sale - South Chicago

7,056 SF 5-Unit Retail Center with parking along W 79th Street. The building's exterior features a gated parking lot with 10 spaces, with the ability to add more. The property's interior features an open floor plan, allowing units to be conjoined depending on the usage.

Property Subtype:

Freestanding

Date on Market:

2025-04-22

Lisle Retail for Sale - Western East/West Corr

Located on the high-visibility corridor of Ogden Avenue in Lisle, Illinois, this 2,420 SF free-standing retail building presents a rare opportunity for investors or owner-users seeking a prime suburban asset with built-in flexibility. The property is well-maintained and features a full basement, a large overhead door for deliveries or service access, and excellent storefront visibility with monument signage. Its strategic location offers immediate access to Route 53, I-88, and I-355, placing it within minutes of major regional thoroughfares and enhancing its appeal for both local and commuter traffic. The current owner is open to a leaseback arrangement, making this an ideal investment for buyers seeking stable income from day one. The building’s layout and infrastructure support a wide range of retail uses, from boutique storefronts to service-oriented businesses. Surrounded by a mix of retail centers, residential neighborhoods, and commercial nodes, the site benefits from consistent traffic and strong community integration. With 2023 taxes payable in 2024 totaling $13,294.80, the property offers a manageable expense profile and a competitive price point at $575,000 ($237.60 PSF). Whether you're expanding a portfolio or launching a new retail concept, 1718 Ogden Avenue delivers location, flexibility, and long-term value.

Property Subtype:

Freestanding

Date on Market:

2025-04-22

Springfield Retail for Sale

Introducing an exceptional absolute NNN investment opportunity - a 4,917 SF freestanding Hardee’s restaurant situated on a 1.38-acre parcel at the signalized intersection (28,794 VPD Traffic) of West Jefferson Street and North Walnut Street, in the vibrant core of Springfield, Illinois. This highly visible corner benefits from prime frontage along one of the city’s most traveled corridors, offering outstanding exposure and consistent vehicular and pedestrian traffic. Ideally located just blocks from downtown and the Illinois State Capitol, the property attracts steady traffic from government offices, local residents, students, and tourists visiting nearby landmarks such as the Abraham Lincoln Presidential Library and Museum. The surrounding trade area features a strong mix of national retailers, medical centers, schools, and office buildings, contributing to a dynamic and diverse customer base throughout the day. Originally constructed for Hardee’s in 1994, the property is currently operated by Superior Star LLC, a proven and experienced Hardee’s franchisee with a portfolio of 93 units. Demonstrating their long-term commitment to this location, the tenant exercised their 5-year lease renewal in 2024, featuring annual 2% rent escalations, offering investors both income stability and built-in growth.

Property Subtype:

Fast Food

Date on Market:

2025-04-21

Chicago Retail for Sale - South Chicago

We are pleased to present an exceptional investment opportunity—a newly constructed Starbucks property completed in 2022, featuring a secure 10-year lease with Starbucks Corporation (NASDAQ: SBUX S&P: BBB+). This property is strategically positioned as a pad site to Jewel-Osco Grocery Store, ensuring strong consumer traffic and visibility. Situated at highly visible and heavily traveled corner of S. Ashland Ave. and W. 95th Street. The surrounding area is home to a variety of well-established retailers, including McDonald's, Taco Bell, Burger King, Walgreens, BMO Bank, Dollar Tree, and Dunkin' Donuts, Subway and more, making this location highly desirable for continued foot traffic and long-term growth. The asset is backed by a stable NN lease structure, offering minimal landlord responsibilities and ease of management. With over (7) seven years remaining on the lease term, the investment benefits from (4), 5-year extension options, providing long-term stability. Additionally, rent increases of 10% every 5 years ensure steady income growth throughout the lease duration. For more information or inquiries, please contact Michael Murphy or Christopher Mauriello.

Property Subtype:

Storefront

Date on Market:

2025-04-18

Orland Park Retail for Sale - South Route 45

9,572 SF retail property for sale including 1,928 SF basement. Full kitchen and bathroom located in basement. Building has an elevator.

Property Subtype:

Freestanding

Date on Market:

2025-04-17

Des Plaines Retail for Sale - O'Hare

1529 Rand Rd, Des Plaines, is strategically located on the SWC of Rand Rd and River Road, with over 32,000 vehicles per day, ensuring exceptional visibility. Just minutes from O’Hare International Airport and major highways (I-90 & I-294), this property offers unparalleled access to the Chicago metro area. This high-visibility, high-traffic property is a perfect opportunity for businesses looking to establish themselves in one of Des Plaines’ busiest commercial areas. Flexible zoning, making it an excellent investment for owner-operators or developers looking to capitalize on the high-exposure location. Perfect for automotive, retail, or service-oriented businesses, this site is move-in ready and positioned for success.

Property Subtype:

Auto Dealership

Date on Market:

2024-07-12

Chicago Retail for Sale - Northwest City

Excellent Income Producing Commercial brick 5 store fronts on busy corner of Division & Central. fully leased with long-term tenants, established businesses for many years, some been there for 16-10 years. tenants are responsible for interior maintenance,building is well maintained, new tuck pointing, annual maintenance on the roof. heat & electric. Landlord only responsible for water, taxes & exterior maintenance. 12 parking spaces in the back of the building, fenced parking lot, few parking spaces in the front. this property has two PIN numbers, two addresses 5600-5612 W Division & 1206 North Central. Easy to manage set back & collect rent, HIGH CAP RATE SOUND INVESTMENT

Property Subtype:

Storefront

Date on Market:

2025-04-16

Des Plaines Retail for Sale - O'Hare

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Mannheim & Pratt Center, a 100% leased brand new construction four-tenant building.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-04-16

Ottawa Retail for Sale - I-39 Corr/LaSalle County

Presenting a highly desirable investment opportunity in a thriving commercial area, this 12,953 square-foot strip center is strategically located next to a well-established national grocery store chain and just off the busy intersection of IL Route 23 and McKinley Road. The property benefits from excellent visibility and high traffic counts, with 10,900 AADT (Annual Average Daily Traffic) along IL 23, making it a prime location for retail, office, or restaurant businesses. This property features seven (7) Units - with one (1) vacant space available. C-3 zoning allows a flexible mix of office, retail, or restaurant uses while neighboring national grocery anchor ensures steady foot traffic. Easy accessibility and strong visibility near the corner of IL 23 and McKinley Road. Seller Financing Available for well-qualified buyers! This well-maintained property offers a solid income stream with long-term tenants and tremendous upside potential for investors or owner-occupants. Ideal for those looking to capitalize on the demand for commercial space in a high-traffic, growth-oriented area.

Date on Market:

2025-04-16

Gillespie Retail for Sale - Macoupin County

• 3,500± SF Building • 8,063± SF Lot • 2,000± SF retail space to be leased • Two apartments with 2 bd each generating $2,200 total monthly income • Long term tenants on short term leases • Possible gaming, liquor licenses

Property Subtype:

Freestanding

Date on Market:

2025-04-14

Oswego Retail for Sale - Western East/West Corr

Current Tenant is month to month.

Property Subtype:

Fast Food

Date on Market:

2025-04-13

Posen Retail for Sale - Near South Cook

Fully-Equipped Freestanding Fast-Food Restaurant w/Drive-Thru Posen, IL - On 147th St! Property Highlights: * Flexible Use Potential Currently operating as a fast-food seafood franchise, its zoning and current layout offer great flexibility for many different food and beverage models. Bring your concept here! * Convenient Drive-Thru The property includes an existing drive-thru infrastructure, a major asset in today’s dining market. This allows for faster setup and significant savings for a new owner or tenant! * Turnkey Build-Out The building comes fully outfitted for foodservice use, minimizing renovation costs for a new restaurant operator. It offers a functional layout, existing kitchen ventilation systems and utility hookups ready for foodservice. And features all new equipment purchased in 2020! * Dedicated Parking Lot With its own private parking lot (12 spaces), customers benefit from easy in-and-out access. And it enhances the property's value and convenience for dine-in, pick-up or delivery services! * Prime Visibility & High Traffic Located directly on 147th St, one of the most trafficked thoroughfares in Posen, this property offers excellent street frontage and steady exposure to both local and commuter traffic. Ideal for any food or quick-service retail concept looking to capture consistent daily drive-by business! * Surrounded By A Vast Residential & Commercial Area Perfectly situated near homes, schools, shopping plazas and local employers, this location is well-positioned to attract breakfast, lunch and dinner crowds, as well as late-night traffic depending on the concept. * Strategic Location Near Expressways Just minutes from I-57, I-294 and IL-83, the address is a strategic pick for businesses that depend on regional accessibility. Great for attracting customers from surrounding suburbs like Midlothian, Harvey, Blue Island and Oak Forest! Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Tom Traina at Tom@eatz-associates.com or call 847-651-3834 for more information. Showings by appointment only outside of business hours. Listed by Tom Traina at EatZ & Associates /EatZ Real Estate Group LLC

Property Subtype:

Restaurant

Date on Market:

2025-04-13

Calumet Park Retail for Sale - Near South Cook

Free Standing, Vacant commercial building for sale. 4000 sq ft of retail space available to start your business! Great potential: former appliance store - perfect for restaurant, liquor store, supermarket, office and other- countless possibilities. Location in the key- densely populated area, this building is situated right on the busy Ashland Ave; near I-57 exit. Surrounded by multiple local businesses, restaurants, fast food chains & offices. Great for investors and owner/user. Building is also available for lease: $5,900/month (gross lease)

Property Subtype:

Freestanding

Date on Market:

2025-04-11

Fox River Grove Retail for Sale - Far Northwest

*** OWNER FINANCING AVAILABLE *** Seize this incredible opportunity with a versatile 2-story, 4,428 sqft mixed-use building on a 0.40 acre lot! This property features retail space, warehouse/garage space, and residential apartments. The 2,400 sqft restaurant/bar with 81' frontage on Northwest Hwy is fully equipped with a kitchen that includes a pizza oven, hood with an Ansul system, stove, fryers, walk-in cooler, and grease trap. Additionally, there's a full 1,235 sqft basement for extra storage. The property also boasts three residential apartments on the second floor: two 2-bed/1-bath units and one 1-bed/1-bath unit. The 1,400+- warehouse/garage area includes another 1-bed/1-bath apartment. Situated in a high-traffic commercial corridor, this location is surrounded by nationally recognized retailers and restaurants, and is close to office space, schools, recreation, and transportation.

Property Subtype:

Restaurant

Date on Market:

2025-04-11

Zion Retail for Sale - Far North

Prime Zion retail and interior mall composed of first floor and lower level retail and offices located in the heart of Zion and close the city of Hope Cancer hospital. 22,000 square feet. Leasing options range from 600 square feet to 2,500 square feet. There are three private entrances to the mall, providing easy access from two Large parking lots available for tenants and visitors. The first-floor casual restaurant is Lorenzo's. Owner included in pricing up to $100,000 for renovation for a motivated buyer to combine spaces to lease out. Vacant spaces offer opportunities for offices, retail, and service-oriented users. Tenants pay their utilities.

Date on Market:

2025-04-10

Oak Lawn Retail for Sale - Near South Cook

Brookline Real Estate presents the opportunity to acquire a stabilized investment property in a transit-oriented location in the Chicago suburb of Oak Lawn. The building is currently fully occupied by an office user and residential tenant, but is also available in an owner/user capacity. Located on busy 95th Street near the Oak Lawn Metra train station, the property is directly visible to 29,800 daily vehicles on the active trade corridor.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-04-09

Cahokia Retail for Sale - Illinois

This space is currently being used as a single tenant space, this space can easily be converted back to accommodate two tenants. There are separate entrances, HVAC, gas, and electric. There are large retail showrooms in each unit.

Property Subtype:

Freestanding

Date on Market:

2025-04-09

Carol Stream Retail for Sale - North DuPage

Sands Investment Group is pleased to exclusively offer for sale the 14,195 SF Cadence Academy located at 1280 Kuhn Rd in Carol Stream, IL. This deal includes ~15 years remaining on the lease with favorable 2% annual rent escalations, offering a stable and reliable investment opportunity. In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429

Property Subtype:

Day Care Center

Date on Market:

2025-04-09

Carlinville Retail for Sale - Macoupin County

Date on Market:

2025-04-03