Retail in Illinois available for sale
Retail Spaces For Sale

Retail Spaces for Sale in Illinois, USA

More details for 1723 Broadway St, Quincy, IL - Retail for Sale

Walgreens | 11yrs Abs NNN | DriveThru - 1723 Broadway St

Quincy, IL 62301

  • Retail Space
  • Retail for Sale
  • $10,375,708 CAD
  • 14,820 SF

Quincy Retail for Sale

SRS Real Estate Partners–Midwest, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN-leased Walgreens investment property located in Quincy, Illinois. The tenant, Walgreens, has 11 years remaining on their current initial term with ten (5-year) options to extend, demonstrating their commitment to the site. The site features a drive-thru, enhancing tenant functionality and long-term retail viability. The property also features an attractive assumable financing, providing buyers the opportunity to take advantage of favorable loan terms and potentially below-market interest rates. The lease is an absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for an investor.

Contact:

SRS National Net Lease

Property Subtype:

Drug Store

Date on Market:

2026-03-13
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More details for 3006 Avenue of the Cities, Moline, IL - Flex for Sale

American Speed - 3006 Avenue of the Cities

Moline, IL 61265

  • Retail Space
  • Flex for Sale
  • $549,351 CAD
  • 6,300 SF
  • Security System

Moline Flex for Sale

This single-story commercial property offers a versatile opportunity for owner-users or investors seeking a well-maintained building in a high-visibility corridor. Built in 1978 with durable concrete block construction, the property features approximately 6,300 square feet of functional space, including over 4,200 square feet of heated open shop area with 11-foot ceilings, floor drains, and water access. The west end includes a 10’x10’ overhead door for convenient ground-level loading, while the front section provides roughly 2,000 square feet of office or retail space with a full glass storefront. The property sits on a 12,640-square-foot lot with paved frontage along Avenue of the Cities, a major thoroughfare in Moline that ensures strong traffic exposure. Additional features include central air, ceiling fans, forced air gas heat, and a private restroom with rough-in for a second. Parking accommodates 10 vehicles with 6–12 outdoor spaces. Two parcels are included in the sale, offering flexibility for future use. Current zoning is NC (Neighborhood Commercial), supporting a range of uses such as commercial, automotive, professional services, and warehouse. Positioned in Rock Island County, this location benefits from proximity to major roadways, a dense residential base, and established commercial activity, making it a practical choice for businesses seeking visibility and accessibility.

Contact:

KW 1Advantage

Date on Market:

2026-03-13
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More details for 4440 16th St, Moline, IL - Retail for Sale

KFC - 4440 16th St

Moline, IL 61265

  • Retail Space
  • Retail for Sale
  • $2,159,547 CAD
  • 3,293 SF

Moline Retail for Sale - Greater Moline

This absolute triple-net leased KFC has 8.5 years remaining on the lease, with 2, 5-year renewal options and scheduled 10% rent increases every five years. The lease is guaranteed by one of the nation’s largest franchise operators, with over 1,100 locations across 32 states. KFC has a strong operating history at this location, having been established here since 2011. Positioned as an outlot to SouthPark Mall, drawing 1.3 million annual visitors, the property is surrounded by a strong mix of national retailers and restaurants. The property is located in a high-traffic corridor near Interstates 74 and 280 and 1.6 miles from Quad Cities International Airport. The property also benefits from a densely populated trade area with over 52,000 residents and 51,000 daytime employees within a three-mile radius.

Contact:

Sharko | Weisenbeck | Mendoza Group

Property Subtype:

Freestanding

Date on Market:

2026-03-13
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More details for 4333 Fox Valley, Aurora, IL - Retail for Sale

Steak 'n Shake - 4333 Fox Valley

Aurora, IL 60504

  • Retail Space
  • Retail for Sale
  • $2,019,145 CAD
  • 3,760 SF
  • Restaurant

Aurora Retail for Sale - Western East/West Corr

The Boulder Group is pleased to exclusively market for sale a single-tenant net-leased Steak ‘n Shake property located within the Chicago MSA in Aurora, Illinois. Steak ‘n Shake has been successfully operating from this location since 1998. In 2018, Steak ‘n Shake signed a long-term lease extending through July 2030, demonstrating a strong commitment to the site. The lease features 6.25% rental escalations in 2028 and in the second renewal option. Additionally, the lease is absolute triple net, presenting zero landlord responsibilities. The 3,760 square-foot building bene?ts from its position along the high-traffic Route 59 Corridor, which experiences 68,000 vehicles per day. The subject property is positioned as an outparcel to Fox Valley Mall, a 1,000,000 square-foot regional shopping center home to over 120 retail tenants. Nationally recognized neighboring retailers include Target, Meijer, Whole Foods Market, The Home Depot, Walmart, Best Buy, ALDI, Burlington, At Home, Floor & Décor, Costco, Lowe’s, and many others. The property also bene?ts from 627 luxury apartment units on-site, as Fox Valley Mall’s “Reimagining Fox Valley” redevelopment has introduced Lumen Fox Valley (304 units) and Lucca Fox Valley (323 units), delivering a built-in, high-quality customer base. Furthermore, the property is surrounded by a dense and affluent population, with 260,000 residents living within a 5-mile radius who earn an average household income of over $161,000. Lastly, the site enjoys immediate proximity to three major hospitals — Rush Copley Medical Center (210 beds), Ascension Mercy Medical Center (292 beds), and Edward Hospital in Naperville (371 beds) serving as a signi?cant demand driver for the surrounding retail corridor. Steak ‘n Shake is an iconic American fast-food chain founded in February 1934 by Gus Belt in Normal, Illinois, where he converted a gas station into the ?rst location along historic Route 66. Renowned for pioneering the “Steakburger”—made from ground steak and ground fresh in view of customers—and hand-dipped milkshakes, the company built its reputation on high-quality ingredients, including its famous beef tallow fries. Headquartered in Indianapolis, Indiana, it operates as a wholly owned subsidiary of Biglari Holdings. In recent years, the chain has undergone a successful revitalization, achieving its best same-store sales performance in decades with a 10.2% increase in 2025—driven by moves like switching to 100% all-natural beef tallow for fries, accepting Bitcoin (which boosted sales dramatically), eliminating microwaves for traditional cooking, and launching packaged beef tallow products.

Contact:

The Boulder Group

Property Subtype:

Freestanding

Date on Market:

2026-03-13
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More details for 121-131 Collins St, Joliet, IL - Retail for Sale

121-131 Collins St

Joliet, IL 60432

  • Retail Space
  • Retail for Sale
  • $2,953,498 CAD
  • 8,464 SF
  • Restaurant

Joliet Retail for Sale - Joliet/Central Will

A premier investment asset with an ideal location minutes from the downtown business district and I80 access. This robust commercial corridor is prevalent with many National brands. This bustling location has great foot traffic as well as excellent traffic exposure. This well maintained strip center produces an outstanding and consistent return on investment. Currently the center has national tenants and strong local small business tenants.

Contact:

Baird & Warner, Inc.

Property Subtype:

Storefront

Date on Market:

2026-03-12
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More details for 5836 W Chicago Ave, Chicago, IL - Retail for Sale

5836 W Chicago Ave - 5836 W Chicago Ave

Chicago, IL 60651

  • Retail Space
  • Retail for Sale
  • $686,860 CAD
  • 4,687 SF

Chicago Retail for Sale - Northwest City

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an investment property located at 5836 W Chicago Avenue in Chicago, Illinois (the “Property”). The Property is vacant and is improved by a 4,867 square foot single story building on a 5,674 square foot (0.13-acre) parcel of land and is zoned B3-2 Community Shopping District, one of the most versatile zoning designations in the city of Chicago. The Property offers the opportunity to lease the Property as an investment opportunity or to use the Property as an owner-user opportunity. The Property is well-located along W Chicago Avenue in Chicago’s Austin neighborhood, a high-density, inner-urban core neighborhood 7.5-miles west of Downtown Chicago. The Property is convenient to the area’s primary commercial corridors, W North Avenue and N Cicero Avenue, and offer easy access to the Austin and Central “L” stations on the CTA Green Line and the Hanson Park and Grand/ Cicero Metra Stations on the MD-W line. The high-demand for real estate with proximity to “L” Stations, area schools and primary commercial corridors, make this a great opportunity for an investor seeking an owner-user or repositioning site in Chicago.

Contact:

Horvath & Tremblay

Property Subtype:

Day Care Center

Date on Market:

2026-03-12
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More details for 9723-9725 Southwest Hwy, Oak Lawn, IL - Retail for Sale

9723-9725 Southwest Hwy

Oak Lawn, IL 60453

  • Retail Space
  • Retail for Sale
  • $611,305 CAD
  • 3,000 SF

Oak Lawn Retail for Sale - Near South Cook

Wow look at this (10+ CAP Rate) Opportunity to own a versatile multi-unit commercial building in the heart of Oak Lawn. This well-maintained property features three approximately 1,000 sq. ft. units, all currently leased, providing immediate income potential. Ideal for an owner-user looking to operate their business in one unit while collecting rental income from the other two spaces. The flexible layout allows for a wide variety of uses including office, dental, medical, legal, real estate, accounting, and many other professional services. The property offers ample storage space, an overhead door for convenient access, and approximately 10 parking spaces with parking available in both the front and rear of the building. Recent improvements include newer A/C units and furnaces for all three units, a newer roof, and updated bathrooms. Situated in a prime Oak Lawn location with high daily traffic counts, providing excellent exposure and accessibility for businesses. A great opportunity for both investors and business owners looking for strong location, income potential, and long-term value.

Contact:

Keller Williams Preferred Realty

Property Subtype:

Storefront

Date on Market:

2026-03-11
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More details for Top-Performing Retail Center in Chicago – Retail for Sale, Chicago, IL

Top-Performing Retail Center in Chicago

  • Retail Space
  • Retail for Sale
  • $93,206,905 CAD
  • 187,204 SF
  • 4 Retail Properties

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.

Contact:

Pegasus Investments

Date on Market:

2026-03-11
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More details for 5791 N Elston, Chicago, IL - Retail for Sale

5791 N Elston

Chicago, IL 60646

  • Retail Space
  • Retail for Sale
  • $549,487 CAD
  • 1,600 SF
  • Air Conditioning
  • Smoke Detector

Chicago Retail for Sale - Northwest City

Rare opportunity to own this UNIQUE INVESTMENT PROPERTY (Commercial & Residential Options) situated in the sought-after Forest Glen area. This tastefully and fully remodeled brick property can be converted into 2 separate offices (or office/apartment, or apartment &/or (s)) w/separate utilities excl. gas & water at NO EXPENSE, just change the locks! 2 HVAC units (1 unit app. 7yr) & 2 hot water heaters. Brand new roof app 6.5 year. This gem is located on Elston Ave. w/great visibility but also the charm of cozy Forest Glen residential neighbors and Forest Preserves nearby. There is ample street parking w/a 4-6 vehicle accommodation in the back parking area. Back area paved app. 8 years ago. This rare opportunity offers 3 sizeable open rooms/spaces/offices, 2 enclosed offices, 1 kitchenette area (currently lunchroom/conference room) & 2 tastefully updated full bathrooms w/walk-in showers. Roughed-in plumbing for another kitchen area &/or laundry which is ideal if the offices are separated! The entire space is updated tastefully with neutral paint, wood-like porcelain floors, newer doors, newer glass in windows, newer light fixtures/fans, and great flow! Can function as an office or can be used as a living space as a single &/or double residential property or condo conversion as a Residential Certificate can be acquired as a matter of right with it's zoning as a residential R3. Only serious and pre-approved buyers/investors allowed for showings. A must see to appreciate and envision the possibilities that may suit you! Please reach out to Seller via email initially with contact information including phone number and name.

Contact:

Maverick LLC

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-03-10
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More details for 1330 Torrence Ave, Calumet City, IL - Retail for Sale

1330 Torrence Ave

Calumet City, IL 60409

  • Retail Space
  • Retail for Sale
  • $3,640,358 CAD
  • 5,887 SF
  • Wheelchair Accessible

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.

Contact:

Avison Young

Property Subtype:

Freestanding

Date on Market:

2026-03-10
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More details for 1598 DeKalb Ave, Sycamore, IL - Retail for Sale

1598 DeKalb Ave

Sycamore, IL 60178

  • Retail Space
  • Retail for Sale
  • $1,085,239 CAD
  • 5,874 SF
  • Air Conditioning
  • 24 Hour Access
  • Restaurant

Sycamore Retail for Sale - Western East/West Corr

5400 Free standing building with large parking lot. Building can be sold empty or with a Jersey Mike’s renting 33%. Two Drive through's available. Current plan is to split building and have three tenants, two with drive through's. Outstanding signage, 18,000 cars per day on restaurant row with high performing QSR’s in the immediate area. Lease option available, 1700-5400 sq ft.

Contact:

RE/MAX

Property Subtype:

Restaurant

Date on Market:

2026-03-10
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More details for 1921 Broadway, Rockford, IL - Retail for Sale

1921 Broadway - 1921 Broadway

Rockford, IL 61104

  • Retail Space
  • Retail for Sale
  • $355,793 CAD
  • 12,092 SF

Rockford Retail for Sale - I-39 Corr/Winnebago Cnty

Position your business for success at 1921 Broadway, a highly visible commercial industrial or retail property located along one of Rockford’s established business corridors. This property offers strong street presence, steady traffic exposure, and convenient accessibility for both customers and employees. The building features a flexible retail or industrial layout that can accommodate a variety of uses including retail sales, service-based businesses, professional offices, or specialty concepts. Large storefront windows provide excellent natural light and prime signage visibility to maximize brand exposure. Property Highlights: Prominent Broadway frontage with strong daily traffic counts (over 10,000 vehicles per day) Flexible open floor plan Large display windows for merchandising and visibility Dedicated parking for customers and staff Easy access to major thoroughfares and surrounding neighborhoods Established commercial corridor with nearby retail and service businesses This location presents an excellent opportunity for owner-users or investors seeking a well-positioned retail property in Rockford’s active Broadway corridor. 2024 Real Estate Taxes are $9,250. For additional information or to schedule a private tour, please contact the listing broker.

Contact:

Gambino Realtors - Commercial Division

Date on Market:

2026-03-10
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More details for 2205 W Roscoe St, Chicago, IL - Retail for Sale

Roscoe Place - 2205 W Roscoe St

Chicago, IL 60618

  • Retail Space
  • Office/Retail for Sale
  • $583,831 CAD
  • 1,500 SF
  • 1 Unit Available

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.

Contact:

Brookline Real Estate

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-10
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More details for 4000 E 106th St, Chicago, IL - Retail for Sale

O'Reilly Auto Parts - 4000 E 106th St

Chicago, IL 60617

  • Retail Space
  • Retail for Sale
  • $3,447,268 CAD
  • 7,150 SF

Chicago Retail for Sale - South Chicago

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase O’Reilly Auto Parts, a single tenant retail investment property located at 4000 E 106th Street in Chicago, IL (the “Property”). O’Reilly Auto Parts has been at this location since 2013 and has just under 7 years remaining on their original 20-year lease with four (4) 5-year renewal options. The lease includes attractive 7% rental increases every five years throughout the primary lease term and at the start of each renewal option period. O’Reilly Auto Parts occupies a highly visible corner location at the intersection of S. Avenue B and E. 106th Street, a primary commercial and commuter corridor within Chicago’s East Side neighborhood. The Property benefits from strong traffic counts, excellent frontage, and convenient access in a well-established retail trade area. Situated just off S. Indianapolis Avenue and surrounded by a mix of national and local retailers, restaurants, and service providers, the site draws from consistent daily consumer traffic generated by the surrounding commercial density and mature residential base. The Property also offers exceptional regional connectivity, with immediate access to U.S. Routes 20 and 41 and Interstate 90 located approximately 0.3 miles to the east, providing direct linkage to Downtown Chicago, the broader Chicagoland MSA, and major northern Indiana employment centers. Additionally, the site is located less than two miles from Horseshoe Hammond (Caesars), a significant regional entertainment and gaming destination that attracts substantial year-round traffic. With its infill urban location, strong surrounding demographics, and proximity to major infrastructure and destination drivers, the Property is well positioned to support durable tenant performance and long-term investment stability.

Contact:

Horvath & Tremblay

Property Subtype:

Freestanding

Date on Market:

2026-03-09
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More details for 1748 N Harlem Ave, Elmwood Park, IL - Retail for Sale

1748 N Harlem Ave

Elmwood Park, IL 60707

  • Retail Space
  • Retail for Sale
  • $2,845,547 CAD
  • 7,420 SF

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

Contact:

Summit Net Lease

Property Subtype:

Freestanding

Date on Market:

2026-03-09
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More details for 3501-3525 Diamond Dr, McHenry, IL - Retail for Sale

Corporate Verizon | Biggby Coffee | Lacey’s - 3501-3525 Diamond Dr

McHenry, IL 60051

  • Retail Space
  • Retail for Sale
  • $3,831,305 CAD
  • 7,035 SF

McHenry Retail for Sale - Far Northwest

Diamond Plaza is a 100 percent occupied three-tenant retail center, anchored by Verizon Wireless and Biggby Coffee. The property is located within McHenry’s Route 31 regional retail corridor. Verizon Wireless has operated at the site since 2009 and is corporately guaranteed, while Biggby Coffee signed a new lease in 2024. Biggby Coffee is a fast-growing national brand with approximately 450 locations and was named USA Today’s #2 Best Coffee Chain in the Nation (2025). The center benefits from excellent visibility and hard corner, stoplight location along Richmond Road (23,400 vehicles per day). The property is in close proximity to the McHenry Metra Station, which services approximately 5.55 million annually. The property is situated within a dominant regional retail hub surrounded by national retailers including Walmart Supercenter, The Home Depot, Meijer, and more. Located in McHenry County, an investor will benefit from a more pro-business environment over neighboring Cook County. Diamond Plaza is supported by affluent demographics, with over 30,000 residents within three miles and an average household income of $119,939 within five miles.

Contact:

Sharko | Weisenbeck | Mendoza Group

Date on Market:

2026-03-09
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More details for 500 E Lake St, Addison, IL - Retail for Sale

Operating C-Store with Gas and Car Wash - 500 E Lake St

Addison, IL 60101

  • Retail Space
  • Retail for Sale
  • $2,197,952 CAD
  • 2,037 SF

Addison Retail for Sale - North DuPage

Operating C-Store with Gas and Car Wash. Dealer will vacate upon closing. Car wash can be redeveloped into a large convenience store. Current Store Brand Shell Food Mart Current Fuel Brand Shell Fuel Supply Notes 1 year remaining Inspection of the gas station may be performed during normal business hours. Inspections shall not interfere with business operations and do not include backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A BIDDER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. INDIVIDUALS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING. NRC Realty & Capital Advisors LLC - License # 418.010135

Contact:

NRC Realty & Capital Advisors LLC

Property Subtype:

Service Station

Date on Market:

2026-03-09
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More details for 817 N State St, Belvidere, IL - Retail for Sale

817 N State St

Belvidere, IL 61008

  • Retail Space
  • Retail for Sale
  • $1,305,034 CAD
  • 1,832 SF
  • Air Conditioning

Belvidere Retail for Sale - Boone County

**High-Volume Marathon Gas Station for Sale | Real Estate Included | Seller Financing Available* Turnkey **Marathon-branded gas station and c-store** with **land, building, and business included**. Strong fuel volume, over **$600,000 in c-store sales**, gaming income, and major upgrades already completed. **Seller financing available with 30% down for 2 years.** * **Asking Price:** $950,000 + inventory * **Included in Sale:** Land, building, and business * **Brand:** New Marathon branding * **C-Store Sales:** Over $600,000/year *(without lottery)* * **Fuel Volume:** Over 300,000 gallons/year * **Gaming Income:** Approx. $60,000/year owner’s share * **Upgrades:** New POS system * **Pump Upgrades:** EMV completed * **Financing:** Seller financing available with 30% down for 2 years * **Opportunity:** Turnkey owner-operator or investment property * **Additional Upside:** Growth potential through expanded merchandise and operations **Contact:** **Tauseef Syed** R & J Commercial Real Estate Cell: 630-808-6637 Email: [Tauseefssyed@gmail.com](mailto:Tauseefssyed@gmail.com)

Contact:

R & J Commercial.com

Property Subtype:

Convenience

Date on Market:

2026-03-09
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More details for 1950 N Sedgwick St, Chicago, IL - Retail for Sale

1950 N Sedgwick St

Chicago, IL 60614

  • Retail Space
  • Retail for Sale
  • $3,564,804 CAD
  • 4,664 SF

Chicago Retail for Sale - Lincoln Park

This impeccably renovated mixed-use, two-tenant commercial/residential building presents a rare opportunity to acquire a premier asset in the heart of south Lincoln Park, just steps from Park West, Lincoln Park Zoo, the lakefront, and the highly desirable Sedgwick and Armitage corridor. This coveted pocket is known for its strong retail fundamentals, affluent demographics, and consistent demand driven by walkability, transit access, and surrounding high- end residential density. The first two levels are occupied by a credit commercial tenant (Baird and Warner) under a corporate-guaranteed lease in place through May 2030, offering long-term, predictable income. The upper levels feature a fully rehabbed three- bedroom, two-bathroom residential duplex spanning the third and fourth floors, providing an additional revenue stream or owner-occupant flexibility. The entire building has been comprehensively remodeled, with high-quality finishes throughout and significant capital improvements, including expansive rear and rooftop decks completed in 2023. Four car parking in the rear enhances leasing appeal and tenant retention. This is a true turnkey investment combining durable cash flow, prime location, and modern infrastructure in one of Chicago's most stable and sought-after submarkets.

Contact:

Dream Town Realty

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-08
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More details for 514 W 71st St, Chicago, IL - Retail for Sale

514 W 71st St

Chicago, IL 60621

  • Retail Space
  • Retail for Sale
  • $548,114 CAD
  • 4,600 SF

Chicago Retail for Sale

Prime Investment Opportunity with Expansion Potential Don’t miss this unique commercial property offering exceptional upside. Situated adjacent to a city-owned vacant lot, this building presents a rare opportunity for future growth and potential expansion (buyer to verify possibilities with the city). The property features three storefronts, including two established long-term tenants, providing immediate income stability. The existing tenants hold valid licenses and may continue operating under current approvals, offering added security for investors. Currently zoned RT-4, the property would require rezoning for certain commercial redevelopment opportunities, making it an ideal candidate for investors or developers seeking to reposition and maximize value. Being sold as-is, this property is perfect for those looking to capitalize on its strong location, reliable tenant base, and long-term growth potential.

Contact:

HomeSmart Realty Group

Date on Market:

2026-03-07
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More details for 110 N Brockway St, Palatine, IL - Office for Sale

Hummel Building - 110 N Brockway St

Palatine, IL 60067

  • Retail Space
  • Office for Sale
  • $7,411,220 CAD
  • 37,890 SF
  • Air Conditioning
  • Commuter Rail
  • 24 Hour Access
  • Kitchen
  • Restaurant

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

Contact:

Chicagoland Commercial Real Estate

Date on Market:

2026-03-06
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