Chicago Retail for Sale - Northwest City

KW Commercial is pleased to offer the opportunity to purchase 1303 W Chicago Ave, Chicago, IL. This mixed-use building in Chicago’s West Town neighborhood presents an exceptional investment opportunity. Situated on Chicago Ave, across from Eckhart Park and Field House, and just steps from the Chicago Blue Line stop and Milwaukee Ave, this property boasts a prime location with high visibility and strong rental potential. The 1,100 SF open retail space features 11-foot clearance ceilings, white tin ceilings, and original wooden floors, offering a unique and character-rich setting. Previously used as a photographer's studio, and home to the Stolen Buick Studio, the commercial space includes a dark room for film development. Zoned B1-2, this space accommodates a variety of business types, including art galleries & studios, boutique retail & showrooms, cafés, specialty coffee, or juice bars, creative offices & design studios, wellness & beauty services, tattoo & piercing studios, photography & content creation studios, and specialty retail. The average lease rate for similar commercial spaces in the area is $29.00 per square foot (PSF), with lease types such as MG (Modified Gross) or NNN (Triple Net) offering peace of mind to ownership. In this highly sought-after area, leases typically begin at a five-year minimum term, providing stability and long-term rental income. The second-floor two-bedroom, one-bathroom residential unit overlooks Chicago Ave and includes a full HVAC system (forced hot and cold air), original wooden floors, an ample-sized kitchen, and separate living and dining rooms. Its layout enhances the sense of openness, allowing natural light and movement to flow seamlessly between rooms. The building also features a wooden deck and large backyard, perfect for relaxing or entertaining. Residential rental rates in West Town for similar two-bedroom units typically range between $2.20 to $3.00 per square foot, depending on unit size, location, and amenities. The property is located in an area which has experienced significant rental growth, with multiple new developments transforming the landscape. The property next door is a new development, adding to the long-term appreciation potential of this area and enhancing its desirability for commercial and residential tenants alike. Steps from popular restaurants, cafés, and local shops, this property is in a dynamic atmosphere. The 66 Chicago Avenue CTA bus stops right at the door, and the Chicago Blue Line station is just two blocks away, providing seamless connectivity. Easy access to I-90/I-94 enhances convenience. A short walk from the West Loop, known for its innovation, dining, nightlife, and new commercial developments. Directly across from Eckhart Park and Field House, offering green space and community amenities. With strong rental potential, high visibility, and a prime location, this property presents a rare opportunity for investors, business owners, and those seeking a dynamic live/work space in one of Chicago’s most desired neighborhoods. Don’t miss your chance to own this exceptional mixed-use building in the heart of West Town. Contact us today for more details! Note: Rental rates are based on current market listings as of March 1, 2025, and may vary based on specific unit features and market conditions.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-03-05

Calumet City Retail for Sale - Near South Cook

Brookline Real Estate, LLC presents the opportunity to acquire a Dollar General Redevelopment triple-net (NNN) investment positioned in a strong, transit-oriented location in the Chicago suburb of Calumet City. 626 River Oaks Drive contains 12,855 square-feet and is situated on approximately 0.66 acres. Near IL/IN state line at the northwest corner of River Oaks Road and Burnham Avenue, the property benefits greatly from its position next to McDonald's and Dunkin', and a few blocks from River Oaks Mall. The brick construction building has been remarkably-maintained and offers its visitors 38 total parking spots in accessible front and side lots. Multiple entrances on River Oaks Drive and access from Burnham Avenue aid traffic flow and allow the business to operate smoothly. Currently in year three of a ten-year corporate lease, Dollar General has shown stability and continued success at the location. This asset is being offered at a 7.25% CAP rate with tremendous cash flow and continued growth. Rankings: Top 95% Dollar General in 15 Mile Radius Top 91% Dollar General in Illinois Top 87% Dollar General Nationwide

Property Subtype:

Drug Store

Date on Market:

2025-03-05

Decatur Retail for Sale

Date on Market:

2025-03-04

Batavia Office for Sale - Western East/West Corr

The Newton House located at 11 N. Batavia Avenue is full of historical charm! This home is one of the most historic places in Kane County. Built in 1878 by Don Carlos Newton, owner of the Newton Wagon Manufacturing Company. In 1921, the Library Board purchased the property and from 1921-1981, the building was the home of the Batavia Public Library. In the 1980's, the library relocated and the Newton House was then renovated into office and retail spaces. Today you'll find a variety of small business in the building including: Bocaditos Cafe, Perfect Balance, Big Owl Interactive,Wren and Rose Photography, Smitherman and Associates Insurance and a host of other small businesses. The Newton House sits at the corner of Wilson and Route 31, the entry point into Downtown Batavia. It's conveniently located within walking distance to downtown shops and restaurants and ironically, the current Batavia Public Library is now located across the street! Recent Upgrades: Restoration of hardwood floors Restoration of staircase Restoration of art glass New lighting New Roof, downspouts, gutters Renovation of the entire interior Exterior painted Cement front patio and stairs restored Renovation of Monument Signage 2023 RE Taxes paid in 2024 $ 13,548.44. First Floor 4,063 SF Second Floor 2,501 SF Basement 2,219 SF additional Attic Space

Date on Market:

2025-03-04

Island Lake Retail for Sale - Far Northwest

Brookline Real Estate, LLC. presents the opportunity to acquire a STNL investment positioned in a strong, transit-oriented location in the Chicago suburb of Island Lake. Island Lake Cafe at 310 E State Road contains 4,943 square-feet and is situated on approximately 0.63 acres. Directly on Route 176 between US Route 12 and the Fox River, the property benefits greatly from its position at a signalized intersection along the main business corridor which features national retailers and outdoor-related businesses. The building has been well-maintained and offers its visitors 29 total parking spots in an accessible lot with three points of ingress/egress. Island Lake Cafe has been in operation for 30 years and currently has four years left on their lease. This asset is being offered at a 9.20% CAP rate with tremendous cash flow and continued growth.

Property Subtype:

Restaurant

Date on Market:

2024-10-17

Decatur Retail for Sale

Positioned at a prominent 5-point intersection, 375 N 22nd St offers an incredible retail or office opportunity in a high-visibility location.? With heavy vehicle traffic passing daily, this property provides exceptional exposure for businesses looking to thrive in a bustling area.? The property’s strategic location makes it an ideal choice for retail shops, professional offices, or service providers seeking a central and accessible setting.? Surrounded by established businesses and close to local amenities, this site is perfectly situated to draw consistent customer flow.? Don’t miss your chance to secure a premium commercial property in one of Decatur’s most trafficked areas!

Property Subtype:

Auto Dealership

Date on Market:

2025-03-03

Chicago Retail for Sale - Northwest City

END OF THE YEAR SPECIAL! PRICE REDUCED! Price drop for former Dollar Tree store ready to be utilized by the alert and savvy investor who recognizes a deal. SELLERS MAY ALSO OFFER ADDITIONAL REDUCED PRICING FOR A QUALIFIED 501(C)(3). Approximately 9,000 sf of open space, with large windows facing 92’ of frontage on Division St. Located approximately half way between Laramie Ave on the west (with 12,700 VPD) and Cicero Ave on the east (with 26,800 VPD). Conveniently located on the SW corner of Division St. and LeClaire Ave at a 4 way stop sign intersection. Approximately 12,000 VPD pass directly by this location. There are 2 CTA bus stops directly in front of this property, with the #70 bus serving passengers travelling both east and west. The #70 bus connects easily to the #54 bus on the north-south Cicero Ave route, and the #57 bus on the north-south Laramie Ave route. Although currently obscured by a dropped ceiling, there are actually two separate ceiling heights, with the south roof hiding a large span, bow truss roof. The bow truss roof covers an interior floor area measuring 90’ (E to W), and 48’ (N to S), and would make for a very striking interior space if opened up. The flat roof covers an interior floor area measuring approximately 90’ (E to W) and 34’ (N to S). These two areas combine to form one large area measuring approximately approximately 7,600 sf. There is also a smaller interior space in the rear of the building measuring approximately 90’ (E to W) by 13’ (N to S). This area has 2 bathrooms, the electrical equipment, and room for storage. This property would be perfect for another retail location, restaurant, day care, offices, or any number of other uses.

Property Subtype:

Storefront

Date on Market:

2023-09-06

Chicago Retail for Sale - Northwest City

Hermosa-Humboldt Park area offer this prime corner free standing property ideal for retail, restaurant or medical use. 1200 sqft brick building with approximately 15 car parking spaces with easy access. Newer HVAC, ADA restroom, good utilities, electrical and water to site. Super clean building in very good condition. Property has 2 pins numbers. 13-34-402-008 & 009. Total tax amount reflects both pin numbers

Date on Market:

2025-02-27

Pinckneyville Industrial for Sale

Situated on 3.67 acres with highway frontage, this 50,000-square-foot building offers a rare opportunity to secure a prime business location in Southern Illinois. The property features 20,000 square feet of finished retail space with excellent visibility and access, 10,000 square feet of cooler space for large-scale cold storage, and a spacious warehouse with two loading docks and an overhead door, ideal for distribution or logistics operations. Additional amenities include a kitchen/lounge area, two restrooms, and office space for convenience. An established 75-year-old business with a strong regional reputation is available for purchase with the property, which also qualifies for city and regional grants to support expansion or improvements. This versatile property is ideal for retail, distribution, or manufacturing and is available as building only or with the business. Owner financing available as well.

Property Subtype:

Showroom

Date on Market:

2025-02-27

Bensenville Retail for Sale - O'Hare

HMX Realty Advisors exclusively presents for sale a rare opportunity to acquire a property featuring a restructured absolute triple net lease with CVS, an investment-grade tenant (NYSE: CVS), further enhanced by a sublease with AutoZone, a leading auto parts retailer. This structure offers an exceptionally secure and predictable income stream for the next 17 years, mitigating typical retail investment risks. CVS entered a new 20-year lease in 2022 in exchange for a significant rent reduction. Key Advantages: Investment-Grade Security: While the property is currently occupied by AutoZone, the primary lease obligation rests with CVS, a Fortune 500 company. This provides a substantial layer of financial security, as CVS remains contractually bound to the lease, regardless of AutoZone's occupancy. This eliminates the risk of vacancy or tenant turnover typically associated with single-tenant properties. Think of it as having the stability of CVS as your tenant, even with the benefit of AutoZone's daily operations. De-risked Retail Investment: Unlike traditional retail investments, where tenant closures are a concern, this property has already navigated that potential challenge. CVS strategically subleased the location to AutoZone after getting a significant rent reduction and more lease term. This proactive approach by CVS effectively de-risks the investment for you. Strong Location & Market: The property is situated in a high-traffic area in Bensenville, near O'Hare International Airport, and benefits from the strong retail presence of nearby Walgreens. This prime location contributes to the success of AutoZone and reinforces the long-term value of the real estate. Attractive Entry Point: The current rental rate of $194,450 per year reflects a strategic rent reduction negotiated by CVS in conjunction with their 20-year lease extension. This creates an attractive entry point for investors seeking a stable, long-term return with no management responsibilities whatsoever. Unique Investment Narrative: This property offers a compelling narrative – a secure, long-term lease with an investment-grade tenant, enhanced by a successful sublease to a well-established retailer. This unique structure allows for a lower cap rate justification, reflecting the reduced risk profile compared to typical retail investments. The property is very close to O’Hare International Airport in Chicago, one of the busiest airports in the United States. There are many shipping and warehousing uses nearby which service the airport and give this area a significant daytime population. Retailers in the immediate area include PB, Popeye’s, Dunkin Donuts, Speedway, UPS, Burger King, Shell, Walgreens and McDonald’s.

Property Subtype:

Freestanding

Date on Market:

2025-02-26

Chicago Retail for Sale - Northwest City

Ideal Storefront Bldg near Loyola University! Investment or Owner - User opportunity at the corner of Devon and Wayne Ave with the ability to expand, develop FAR or combine storefronts. The building is strategically located in booming Edgewater in an area that caters to a diverse and dynamic clientele and Loyola student concentration. 6 storefronts (1 currently combined)with individual HVAC systems. Well maintained building surrounded by lots of new development in addition to student housing that is walking distance to Loyola Campus University Campus and the Lake. Well maintained building. Value add opp with below market rents and future potential FAR and TOD. B3-2 FAR 2

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-02-26

Dekalb Retail for Sale - Western East/West Corr

Restaurant/retail building available for purchase or for lease. The former use was an IHOP restaurant. All FF&E is still in place and can convey with a sale or lease. Excellent high traffic location close to nationals such as Starbucks, Chipotle, Potbelly, McDonalds, CVS etc. Dekalb is the home of Northern Illinois University and this location is on the edge of campus just north of one of the busiest intersections in town. For a restaurant use the building can seat 234 and there is a fenced outdoor dining area. There is a fully equipped kitchen with a hood and fire suppression. This free standing building sits on 1.57 acres with over 70 parking spaces and enough room for a drive through. The property is offered in as-is condition.

Property Subtype:

Restaurant

Date on Market:

2025-02-25

Grayslake Portfolio of properties for Sale - Far North

Fantastic Headquarters of a high-end Landscape Company Address is 340 S Atkinson Rd. Grayslake, IL 60030 • 3 pins are grouped into 1 large commercial property currently being used as a headquarters for a prestigious landscape architecture design/build company. 5 assets/buildings in great shape sit on this large property totaling 8.91 acres using 1 single address of 340 S Atkinson Rd. • Current zoning is General Business and the nursery in the rear is zoned AG. • 2,000 square foot office. First floor has 4 private office rooms, 1 large meeting room, 1 reception area office, 1 kitchen with dining room, 1 laundry room, 3 total bathrooms. Partially finished lower level has 5 office rooms, 1.5 bathrooms, and 1 laundry room • 2 garages (Heated 3 car garage and 1 car garage) --- 2025 EDIT: Previous 1 car garage has now been upgraded to a beautiful 30x50 heated workshop! • 1 metal shop building 4,000 square feet with extra 1,100 square feet of covered outdoor storage space • Asphalt Paved parking lot in front and rear • 150,000+ square feet of nursery space • 1,000 SF cafeteria building with additional 1,000 square feet finished basement. Building has 1 kitchen, 1 dining room, 3 bathrooms, 1 laundry room, and 1 private office space • City water and gas to all buildings • Septic field for office and shop building and separate septic field for cafeteria building • Total taxes are $36,200 (total for all 3 parcels) • Close to I-94 for ease of travel This is a unique and rare opportunity for any landscape or construction related business to use as an all-inclusive headquarters. Office building, lunch building, shop building, outdoor parking, material storage, plant growing, etc. Also a great property for equipment suppliers or dealers. Please inquire to schedule a walk through.

Property Subtype:

Mixed Types

Date on Market:

2025-02-27

Chicago Retail for Sale - South Chicago

Single story multi unit retail building for sale in Auburn Gresham neighborhood. Main Street, corner location : 79th St & Wood St. Busy , densely populated area with multiple retail stores, local businesses and apartment buildings. Building is currently divided into 3 units (1755 & 1757 & 1759)- total of 6,818 sq ft. One of the units is rented out with monthly income of $2,200/ month - current lease will exp in October of 2030. RE Taxes (2023) $21,399.64

Property Subtype:

Storefront

Date on Market:

2025-02-21

Orland Park Retail for Sale - South Route 45

100% leased strip center.

Property Subtype:

Storefront

Date on Market:

2025-02-12

Kildeer Retail for Sale - Central Northwest

NNN Pro is pleased to present the exclusive listing for a BrightPath Early Learning located at 20786 North Quentin Road, Kildeer, Illinois 60010. The site consists of roughly 11000 rentable square feet of building space on an estimated 2.48-acre parcel of land. This BrightPath Early Learning is subject to a 15-year Modified Triple Net lease, which commenced 6/15/2025. The current annual rent is $495,000 and has scheduled increases of 2.00% Annually.

Property Subtype:

Day Care Center

Date on Market:

2025-02-10

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

National Investment Grade Tenant in the building. Sale Lease back opportunity.

Date on Market:

2025-02-07

Lansing Retail for Sale - Near South Cook

Readily developed corner, High visibility Location at Hard stop of Torrence Avenue and Thornton-Lansing Road. In an area of new redevelopment on 1.08 Acres with a 1,736 SF Sales Office. Neighbors are Starbuck's, Chipotle, Taco Bell and more. Current use is Automotive Retailing.

Property Subtype:

Convenience

Date on Market:

2025-02-06

Joliet Retail for Sale - Joliet/Central Will

Introducing a premier investment opportunity in the thriving Joliet area. This recently redeveloped 3,339 SF building features new state-of-the-art equipment, an indoor dining room, spacious outdoor patio space, and a convenient drive-thru. The property is equipped with a high-end grease drainage system and soda system, ensuring operational efficiency and promoting employee safety. Durock walls throughout provide top-tier durability. With its thoughtful design and premium amenities, this property is perfectly tailored for a restaurant investor seeking a turnkey opportunity in a prime location. Don't miss out on the chance to elevate your business with this exceptionally built property.

Property Subtype:

Restaurant

Date on Market:

2025-02-06

Hickory Hills Retail for Sale - South Route 45

Brookline Real Estate, LLC. is presents the opportunity to acquire a commercial property including a 8,304 square-foot multi-tenant retail center positioned in a strong, transit-oriented location in the Chicago suburb of Hickory Hills. This property offers a number of possibilities for uses and increasing value. There is tremendous upside and future NOI growth through the potential for new tenants at market rents. New ownership also could use the opportunity of existing vacancy and short-term leases to occupy the full space, or redevelop the entire parcel.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-02-05

Skokie Retail for Sale - Near North

4835 W Dempster in Skokie is a single-story, 4,000 square foot commercial building available for redevelopment on a .27 acre parcel. The property is at the southwest corner of Dempster Street and Niles Center Road seeing over 36,000 vehicles per day. Population in the 2-mile radius is 85,803 with an average household income of $110,553 increasing to 524,342 residents in the 5-mile radius with an AHI of $116,064. Bus route #54A, 97 and 250 provide daily service to the property. The property is two blocks east of the Skokie Swift (Yellow Line Train) providing service to Chicago's Red Line and Purple Line trains. The 4-lane interchange at I-94 (Edens Expressway) and Dempster Street is 0.6 miles to the west. Endeavor Health Skokie Hospital is 1.3 miles to the north. The property neighbors Kaufman's Bagel, Oberweis Ice Cream, McDonald's and numerous other retailers. Zoned B-3. Also available as land (FOR SALE OR FOR LEASE)

Property Subtype:

Freestanding

Date on Market:

2025-02-03

Calumet City Retail for Sale - Near South Cook

Buyer Must Register On http://www.cookcountylandbank.org Prior To Showing

Property Subtype:

Storefront

Date on Market:

2025-01-31

Woodstock Retail for Sale - Far Northwest

All brick 3100 sf free-standing building near the corner of Route 14 and Route 47. Former Bank, the building was converted to a chapel / Ball room. Spacious building has its main room, private office and bathroom. 2 public bathrooms, large front area, public kitchen and eating / entreatment area, additional large outside area under roof. 32 parking spots. The buildout done has everything to ADA standards. This property and location could be used for a variety of business uses.

Property Subtype:

Bank

Date on Market:

2025-01-30

Springfield Retail for Sale

Copy and past link to access due diligence and detail property information: https://bracketre.com/listing/bf4a8b5f-9560-41a4-b35f-8fa117d44ad3 New Roof with Warranty. 3220 Stanton Street presents a compelling value-add opportunity in Springfield, offering a flexible footprint ideal for a wide range of commercial uses. Originally operated as a bowling alley, the property has already been stripped to shell condition — giving investors and users the ability to design a fully custom build-out tailored to their business model. The location, frontage, and significant on-site parking create strong upside for a retail conversion, making this an excellent candidate for showroom retail, fitness, medical clinic, specialty retail concepts, or destination retail tenants. The building structure and site layout also support flex and industrial-style uses, such as last-mile distribution, light manufacturing, assembly, storage, warehousing, or service-based operations. This flexibility is particularly valuable in a market like Springfield where new supply is limited, and quality conversion opportunities are scarce.

Property Subtype:

Storefront

Date on Market:

2025-01-30