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Northlake Retail Property For Sale

39 W N Ave, Northlake, IL

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For Sale

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Retail property in Northlake, Illinois, with long-term NNN lease.

Type:RETAIL

Property size:

4,940 SF

Lot size:

0.45 Acres

Price / SF:

$729/SF

HighLights

Long‑Term, Absolute NNN Lease W/ Annual Rent Increases
Corporate Guaranty from Publicly Traded Multi‑State Operator
Full 2023 Property Renovation w/ Significant Tenant Investment
Highly Trafficked Retail Corridor w/ Excellent Visibility
Expanding Cannabis Market in Limited‑License State
Chicago MSA Acquisition Opportunity w/ Strong Demographics

We can help!

Listing Contact

Christian Tremblay

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For Sale

Contact for pricing

Retail property in Northlake, Illinois, with long-term NNN lease.

Type:RETAIL

Property size:

4,940 SF

Lot size:

0.45 Acres

Price / SF:

$729/SF

Added:: Jan 16, 2025
Days on Market:: 515
Last Refresh:: May 19 at 9:39 pm

Property Features for 39 W N Ave

General Information

Standard status: Active
Size: 4,940 SF
Lot size: 0.45 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Christian Tremblay

Listing agent Mark Lovering License #471019332

Listing office Northmarq | Chicago (East Wacker Dr)

Listing date Jan 16, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Northmarq | Chicago (East Wacker Dr)

HighLights

Long‑Term, Absolute NNN Lease W/ Annual Rent Increases
Corporate Guaranty from Publicly Traded Multi‑State Operator
Full 2023 Property Renovation w/ Significant Tenant Investment
Highly Trafficked Retail Corridor w/ Excellent Visibility
Expanding Cannabis Market in Limited‑License State
Chicago MSA Acquisition Opportunity w/ Strong Demographics

Overview

This 4,940 square foot retail property is located in Northlake, Illinois. It benefits from a long-term, absolute NNN lease with annual rent increases and a corporate guaranty from a publicly traded multi-state operator. The property underwent a full renovation in 2023, with significant investment from the tenant. Situated in a highly trafficked retail corridor, the property offers excellent visibility and local and regional access within a strong industrial market. It is located near Chicago O’Hare International Airport and public transportation. This acquisition opportunity is located within the Chicago MSA and benefits from strong demographics and an expanding cannabis market in a limited-license state.

Location Intelligence

Current Use by Public Records

Retail space

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Local Demand

City: Northlake
County: Cook
State: Illinois
Longitude: -87.8811
Latitude: 41.8976

What type of property is this?

Retail space - Retail property in Northlake, Illinois, with long-term NNN lease.

Where is this retail space located?

The property is located at 39 W N Ave Northlake, IL.

What is the asking price?

The asking price for this property is $3,603,086.

What are key features of this property?

This property features: Long‑Term, Absolute NNN Lease W/ Annual Rent Increases; Corporate Guaranty from Publicly Traded Multi‑State Operator; **Full 2023 Property Renovation w/ Significant Tenant Investment**

39 W N Ave, Northlake, IL

Retail property in Northlake, Illinois, with long-term NNN lease.

Property Features for 39 W N Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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