Triple Net Retail
105 IL-71 Newark, IL 60541
For Sale
$1,995,000
COMMERCIAL - Newark, IL
Lot Size1.79 Acres
Days on Market811
Property Features for 105 IL-71
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 0706402005
- Lot size
- 1.79 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Annual Amount
- 16308
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Steel Siding
- Roof type
- Metal
Listing Agency:
eXp Realty
(630) 669-6318
Listed By:
Brittany Zickus · License #475197951
(888) 574-9405
Added: May 6, 2024
Changed: Jun 30
Last Checked: Jul 25 at 6:06AM
MLS# 12048739
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is a single-tenant retail property structured as a NNN (triple net) lease, presented as a turnkey option for a landlord or owner-operator. The offering is described as impeccably maintained and well run, with an owner open to either continuing to operate after a new ownership transition or vacating for an owner-operator.
The property is located at 105 IL-71 in Newark, Illinois, in Kendall County. It is positioned off IL-71 and is noted as being within walking distance to downtown Newark. The property is identified under zoning COMMR.
For prospective buyers or operators, the appeal is the straightforward nature of a single-tenant, triple net structure, with management continuity available depending on how the new owner wants to proceed. The seller also highlights the investment profile with a stated 7.16% cap rate, and the property is marketed as a “turnkey” opportunity that can accommodate either absentee ownership or hands-on operation following close.
The property is located at 105 IL-71 in Newark, Illinois, in Kendall County. It is positioned off IL-71 and is noted as being within walking distance to downtown Newark. The property is identified under zoning COMMR.
For prospective buyers or operators, the appeal is the straightforward nature of a single-tenant, triple net structure, with management continuity available depending on how the new owner wants to proceed. The seller also highlights the investment profile with a stated 7.16% cap rate, and the property is marketed as a “turnkey” opportunity that can accommodate either absentee ownership or hands-on operation following close.
Key Highlights
- Solid 7.16% Cap Rate
- Prime location off Rte. 71 and walking distance to downtown Newark
- NNN Triple Net Lease
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Retail space - Single-tenant NNN retail investment offered turnkey, with access off IL-71 and a convenient walk to downtown Newark.
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; NNN Triple Net Lease
