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Off Market Listings

 

Single Tenant Net Leased

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3900 W Columbus Avenue - Chicago, IL.png

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

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406 Hartman Lane, O'Fallon, IL.jpg

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
 

1315 West Commerce, Peoria, IL.jpg
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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

1460 Koester Drive, Forsyth, IL.jpg
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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

10240 Baltimore Avenue, College Park, MD
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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

230 Railway Lane, Hagerstown, MD.jpg
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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

404 Englar Road, Westminster, MD.jpg
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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

7880 Lincoln Avenue, Skoke, IL.jpg
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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

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3900 W Columbus Avenue - Chicago, IL.png

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

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2316 Esplanade Drive - Algonquin, IL.jpg

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
 

3010 North Martin Luther King Jr. Drive,
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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

311 East Main Street, Galesburg, IL.jpg
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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

3611 East US 36, Decatur, IL.jpg
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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

1460 Koester Drive, Forsyth, IL.jpg
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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

10240 Baltimore Avenue, College Park, MD
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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

230 Railway Lane, Hagerstown, MD.jpg
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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

404 Englar Road, Westminster, MD.jpg
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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

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406 Hartman Lane, O'Fallon, IL.jpg

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
 

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1021 West Water Street - Decatur, IL.PNG

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


 

Two Executive Court, South Barrington, IL.jpg
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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

319 West State Street, Geneva, IL.JPG
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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

1250 Larkin Avenue, Elgin, IL.jpg
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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

7625 North University Street, Peoria, IL
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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

707 - 717 North Iowa, Villa Park, IL.jpg
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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

3100 North Dries Lane, Peoria, IL.jpg
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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

1621 East Eldorado Street - Decatur, IL.
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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

311 East Main Street, Galesburg, IL.jpg
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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

1315 West Commerce, Peoria, IL.jpg
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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

500 West Central Road, Mount Prospect, I
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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

3200 West Higgins Road, Hoffman Estates,
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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

805 West Jackson Street - Morton, IL.jpg
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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

7880 Lincoln Avenue, Skoke, IL.jpg
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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

5130 Hickory Point Frontage Road, Decatu
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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%

OFF MARKET

Industrial

Development Opportunity - Land

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3900 W Columbus Avenue - Chicago, IL.png

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

4419 US-14, Crystal Lake, IL.PNG
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D'Andrea Banquets - Land - Redevelopment Opportunity

Crystal Lake, IL

Since coming to market the building has burned down.​ This is now a LAND only, Redevelopment Opportunity |6​0,000 CPD at 31 and NW Highway: 28,200 CPD on NW Highway & 31,800 CPD on Rt. 31 | Almost 4 Acres at Intersection of Route 31 and Route 14 | Over 500 Feet of Frontage on Route 14 | Three Possible Options for Purchase

Sale Price                    Request for Offer

Size                              3.64 Acres
 

3010 North Martin Luther King Jr. Drive,
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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

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Land - PRIME Signalized Corner

2.92 Acres - Roselle, IL

Roselle (Hanover Park), IL

Attractive User-Size Property | Great Location | Optional 2.70 Acres Available

Sale Price             $2,350,000

Price per SF         $18.48

Size                       127,195 SF

Lot Size                 2.92 Acres

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