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    105 Il-71 Newark, IL 60541

    For Sale
    $1,995,000

    Retail - Newark, IL

    Type:Retail
    Property size:
    9,520 SF
    Days on Market:
    172
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 105 Il-71

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    0706402005
    Size
    9,520 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2007
    Number of units
    1
    Roof type
    Metal
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Brittany Zickus (630) 669-6318 License #475197951

    Listing date Jun 25, 2025

    MLS# 12048739 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Growing Newark

    This impeccably maintained retail property is located in the growing city of Newark, Illinois. Situated in a prime location off of Route 71 and within walking distance of downtown Newark, the property offers a single tenant opportunity. The space encompasses 9,520 square feet and features a solid 7.16% cap rate. The property is currently operating under a NNN Triple Net lease. It is located in Kendall County and zoned COMMR. The owner is open to staying on and continuing to operate for a new landlord or vacating for an owner/operator.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness Pharmacy Department Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Kendall
    State
    Illinois
    Longitude
    -88.5214
    Latitude
    41.5124

    Nearby Similar for Sale

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      4,120 SF

      Newark Mixed-Use Investment Opportunity

      Mixed-use building with retail space and two residential apartments.
      2-4 Front St, Newark, IL 60541
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    • $1,995,000
      9,520 SF

      Martin Avenue Shops: Prime Retail Investment

      High-Cap Retail Center, Newark, IL
      105 Il-71, Newark, IL 60541
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    • $1,995,000
      9,520 SF

      Prime Newark Retail Investment

      High-Cap Rate Retail Space in Newark, IL
      105 Il-71, Newark, IL 60541
      View Details

    FAQs

    What type of property is this?
    Retail space - Massive retail space with solid cap rate in prime location.
    Where is this retail space located?
    The property is located at 105 Il-71 Newark, IL.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Solid 7.16% Cap Rate; - Prime location off Rte. 71 and walking distance to downtown Newark; - Great NNN Triple Net Lease Opportunity
    (630) 669-6318
    Request Owner's contact information
    105 Il-71 Newark, IL 60541
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    Newark, IL 60541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Il-71 Newark, IL 60541
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