Tammy Saia Contact Info:
Phone: (630) 570-2226
Email: tsaia@marcusmillichap.com
Tami Andrew Contact Info:
Phone: (630) 570-2179
Email: tandrew@marcusmillichap.com
Off Market Listings
Single Tenant Net Leased
AUCTION - Chicago Southside - Redevelopment Opportunity
Chicago, IL
STARTING BID $250,000 | 27,100 SF Retail Building + 1.48 AC Parking Lots | Zoned B3-1, M1-1, and Residential | AUCTION NOVEMBER 14-16, 2023 | 27,100 SF Retail Building + 1.48 AC Parking Lots; 9 Parcels Total (non-contiguous)
Starting Bid $250,000
Size 27,100 SF
UNDER CONTRACT
HSHS Drive-Thru Care| Hospital Sisters Health System
O'Fallon, IL
HSHS Drive-Thru Care ( A+ Credit Rating ) | NOI $102,204 | Built 2021 | 7-Year Lease, 2, 5-Year Options | Landlord Responsible for Roof, Structure, HVAC Replacement
Sale Price $1,400,000
Size 3,246 SF
Cap Rate 7.30%
NOI $102,204
REDUCED - Great American Insurance
Peoria, IL
NNN Lease | 1, 2-Year Option|Landlord has Roof and Parking Lot Replacement Responsibility | Meticulously Maintained
Sale Price $1,650,000
Size 12,165 SF
Cap Rate 9.58%
NOI $158,145
REDUCED
PetSmart
NNN | Corporate Guarantee | Strong Tenancy and Commitment | Original Tenant | 3, Five-Year Options
Forsyth, IL 62535
Sale Price $3,367,000
Size 20,087 SF
Cap Rate 8.50%
OFF MARKET
Buffalo Wild Wings
Leasehold Interest
Absolute NNN | New 15-Year Lease | 3, 5-Year Options | 10% Increase Every 5 Years | Strong Franchise Operator | Over 20 Years | Lease Guaranteed by 14 Units
College Park, MD 20740
Sale Price $1,517,654
Size 6,500 SF
Cap Rate 8.00%
OFF MARKET
Buffalo Wild Wings
Leasehold Interest
Absolute NNN | New 16-Year Lease | 3, 5-Year Options | 10% Increase Every 5 Years | Strong Franchise Operator | Over 20 Years | Lease Guaranteed by 14 Units
Hagerstown, MD 21740
Sale Price $1,462,977
Size 6,400 SF
Cap Rate 8.00%
OFF MARKET
Buffalo Wild Wings
Leasehold Interest
Absolute NNN | New 16-Year Lease | 2, 5-Year Options | 10% Increase Every 5 Years | Strong Franchise Operator | Over 20 Years | Lease Guaranteed by 14 Units
Westminster, MD 21157
Sale Price $1,635,116
Size 6,400 SF
Cap Rate 8.00%
OFF MARKET
Dental Lab
Absolute Net Medical Office
Absolute Net | 5.6 Years Remaining
10% Increases Every 5 Years; Next Bump-10/2019
Skokie, IL 60077
Sale Price $1,041,250
Size 5,000 SF
Cap Rate 8.47%
OFF MARKET
RENT GUARANTEE
La Petite Academy
Absolute Net - Corporate Guarantee
Albuquerque, NM 87112
Sale Price $915,000
Size 6,700 SF
Cap Rate 9.26%
OFF MARKET
Retail
AUCTION - Chicago Southside - Redevelopment Opportunity
Chicago, IL
STARTING BID $250,000 | 27,100 SF Retail Building + 1.48 AC Parking Lots | Zoned B3-1, M1-1, and Residential | AUCTION NOVEMBER 14-16, 2023 | 27,100 SF Retail Building + 1.48 AC Parking Lots; 9 Parcels Total (non-contiguous)
Starting Bid $250,000
Size 27,100 SF
UNDER CONTRACT
NEW PRICE - InStyle Salon & Spa Suites Portfolio - 5 Locations
Chicago Suburbs, IL
96.4% Portfolio Occupancy | Historical High Occupancy - Over 55% of the Tenants Have Been in the Property for Over Five Years | Value Add in Rental Increases | Low Price - $395.37 Gross SF
Sale Price $6,900,000
Size 17,452 Gross SF
Cap Rate 10.01%
NOI $690,721
Prime Retail Corner
Signalized Intersection
Decatur, IL
531' and 345' Frontage | 33,450 VPD | Excellent Access; Seven Curb Cuts | 2019 Tax Bill $25,256.40
Sale Price $1,300,000
Price per SF $13.82
Size 94,090 SF
Lot Size 2.16 Acres
Galesburg Office - Retail Center
Galesburg, IL
Located in the Heart of Downtown | Potential Tenant Waiting List | Upside in Renting Out Conference Space
Sale Price $2,250,000
Size 79,183 SF
Cap Rate 9.08%
NOI $204,349
Motivated Seller - REDUCED
CSL Plasma & Crossing Health Care Medical Center
9% Cap-Medical Off Bldg, 50% Leased to Credit Tenant-CSL Plasma Since 1996: 50% Leased to Crossings Healthcare-PLUS Billboard Income - Corp. Guar. & Publicly Traded | Durable Income Stream | Low Cost Per SF | 2% Ann. Increases Crossings Medical
Decatur, IL 62523
Sale Price $1,654,000
Size 21,294 SF
Cap Rate 9.00%
OFF MARKET
Debbie's - Little Caesar's Center
Multiple Year NN Leases; Annual Increases, Options
New Build in 2015 | Drive-Thru Lane for Little Caesar's Unit
Decatur, IL 62521
Sale Price $653,280
Size 2,438 SF
Cap Rate 8.50%
OFF MARKET
REDUCED
PetSmart
NNN | Corporate Guarantee | Strong Tenancy and Commitment | Original Tenant | 3, Five-Year Options
Forsyth, IL 62535
Sale Price $3,367,000
Size 20,087 SF
Cap Rate 8.50%
OFF MARKET
Buffalo Wild Wings
Leasehold Interest
Absolute NNN | New 15-Year Lease | 3, 5-Year Options | 10% Increase Every 5 Years | Strong Franchise Operator | Over 20 Years | Lease Guaranteed by 14 Units
College Park, MD 20740
Sale Price $1,517,654
Size 6,500 SF
Cap Rate 8.00%
OFF MARKET
Buffalo Wild Wings
Leasehold Interest
Absolute NNN | New 16-Year Lease | 3, 5-Year Options | 10% Increase Every 5 Years | Strong Franchise Operator | Over 20 Years | Lease Guaranteed by 14 Units
Hagerstown, MD 21740
Sale Price $1,462,977
Size 6,400 SF
Cap Rate 8.00%
OFF MARKET
Buffalo Wild Wings
Leasehold Interest
Absolute NNN | New 16-Year Lease | 2, 5-Year Options | 10% Increase Every 5 Years | Strong Franchise Operator | Over 20 Years | Lease Guaranteed by 14 Units
Westminster, MD 21157
Sale Price $1,635,116
Size 6,400 SF
Cap Rate 8.00%
OFF MARKET
NEW PRICE
PetSmart & Dollar Tree
Corporate Guarantee
Strong Historical Occupancy Since 2006 | Original Tenants Recent Extended Leases
Forsyth, IL 62535
Sale Price $4,539,000
Size 30,087 SF
Cap Rate 7.75%
OFF MARKET
Mixed-Use
Office / Medical Office
HSHS Drive-Thru Care| Hospital Sisters Health System
O'Fallon, IL
HSHS Drive-Thru Care ( A+ Credit Rating ) | NOI $102,204 | Built 2021 | 7-Year Lease, 2, 5-Year Options | Landlord Responsible for Roof, Structure, HVAC Replacement
Sale Price $1,400,000
Size 3,246 SF
Cap Rate 7.30%
NOI $102,204
CSL & IL DHS Anchored Center ( Illinois Dept. Human Services )
Decatur, IL
CSL & IL DHS Anchored Center | NOI $177,250 | CSL - 27 Year Tenure | IL DHS has No Kick Out Clause in their Lease, it is a Firm 5-Year Term, 1, 5-Year Option | 21,294 SF Two Tenant Retail Building with Billboard Income
Sale Price Request for Offer
Size 21,294 SF
NOI $177,250
Medical Office - Vacant
South Barrington, IL
MOVE IN READY | Excellent Opportunity For Owner-User or Investor with a Tenant | Built Out as a Medical Office Condo
Sale Price $399,000
Size 3,425 SF
Pro Forma Cap Rate 12.88%
Pro Forma NOI $51,376
Downtown Geneva Mixed Use Building
Geneva, IL
100% Occupied Two-Tenant Center | National Tenants | Triple-Net Leases | No Deferred Maintenance | Original Tenants With Recent Extensions
Sale Price $5,889,000
Size 20,682 SF
Cap Rate 6.00%
NOI $353,368
NEW PRICE - Elgin Professional Center
Elgin, IL
100% Occupied| Affordable Area With Growing Population | Over Five Percent Since 2000
Sale Price $1,250,000
Size 11,665 SF
Cap Rate 9.11%
NOI $113,864
REVISED - University Office Plaza
Peoria, IL
100% Occupied with Long-term Tenants | Significant Tenant Build-out and Upgrades
Sale Price $2,050,000
Size 18,100 SF
Cap Rate 9.74%
NOI $199,711
Office Building - Vacant - Owner - User
Villa Park, IL
Renovated 2006-2020| Owner Flexible, Will Stay and Leaseback or Vacate at Time of Sale | Low DuPage County Taxes
Sale Price $899,000
Size 10,200 SF
Cap Rate Pro Forma 8.97%
NOI Pro Forma $80,630
NEW PRICE - Professional Office Building
Peoria, IL
Significant Upside Opportunity | 55 Percent Available for Lease | Well-Maintained Property
Sale Price $699,000
Size 10,124 SF
Cap Rate Pro Forma 6.02%
NOI Pro Forma $42,087
Regions Bank - Northtown Center |Exceptional Value-Add Opportunity
Decatur, IL
Anchor Tenant Regions Bank | Over $64M in Deposits | Over 1,500 Locations Nationwide
Sale Price $3,300,000
Size 27,455 SF
Cap Rate 10.10%
NOI $333,424
Galesburg Office - Retail Center
Galesburg, IL
Located in the Heart of Downtown | Potential Tenant Waiting List | Upside in Renting Out Conference Space
Sale Price $2,250,000
Size 79,183 SF
Cap Rate 9.08%
NOI $204,349
REDUCED - Great American Insurance
Peoria, IL
NNN Lease | 1, 2-Year Option|Landlord has Roof and Parking Lot Replacement Responsibility | Meticulously Maintained
Sale Price $1,650,000
Size 12,165 SF
Cap Rate 9.58%
NOI $158,145
REVISED - Central Office Plaza
Mount Prospect, IL
Leases Extended | 76% Occupied |Value Add with Significant Upside | Over 36,000 VPD Pass the Property
Sale Price $950,000
Size 23,637 SF
Cap Rate 10.21%
NOI $96,978
NEW PRICE
LEED Gold Certified
Medical Center - Vacant
$4M Renovation 2008
Below Replacement Cost $120.18 PSF
Hoffman Estates, IL 60169
Sale Price $2,600,000
Size 21,635 SF
OFF MARKET
Better Banks Financial Building
Below Replacement Cost
93.4% Occupied, MT | Strong Historical Occupancy - Little Turnover | New Roof 2008, Parking, 2017 | Energy Efficient | Newer Roof-Top Units
Morton, IL 61550
Sale Price $1,925,832
Size 17,557 SF
Cap Rate 8.00%
OFF MARKET
Dental Lab
Absolute Net Medical Office
Absolute Net | 5.6 Years Remaining
10% Increases Every 5 Years; Next Bump-10/2019
Skokie, IL 60077
Sale Price $1,041,250
Size 5,000 SF
Cap Rate 8.47%
OFF MARKET
REDUCED - VALUE ADD
$500K Renovations
Mutual of Omaha - Met Life
Strong Tenancy with Mutual of Omaha, Met Life, and Government Tenants
Decatur, IL 62526
Sale Price $980,000
Size 19,330 SF
Cap Rate 7.94%
OFF MARKET
REDUCED
Willow Springs Corporate Center
Beautiful Two-Story High-Qualtiy Office
Built 2004 | Energy Efficient Building
Mundelein, IL 60060
Sale Price $3,999,000
Size 32,330 SF
Cap Rate 7.48%
OFF MARKET
DaVita Dialysis & Sherwin Williams HUB Store - Corporate Guarantees
Decatur, IL 62523
Sales Price $1,207,000
Size 15,000
Cap Rate 7.04%