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Northlake, IL Retail Space for Sale

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Northlake Retail Investment Opportunity
$3,862,500
4,940 SF

Northlake Retail Investment Opportunity

39 North Ave, Northlake, IL 60164

NNN Leased Cannabis Dispensary, High NOI

  • $3,862,500 asking price, 8.00% cap rate, and $309,000 NOI.
  • 4,940 square foot, single‑tenant storefront in Northlake, IL, 100% occupied by ASCEND Wellness (OTCQX: AAWH).
  • 12‑year Absolute NNN lease with 10.9 years remaining, including two 5‑year renewal options and 3% annual rent increases.
  • 2023 renovation including roof, HVAC, plumbing, bathrooms, and parking lot.
  • Excellent location on North Avenue, a high‑traffic thoroughfare, with visibility and proximity to major retailers (Sam's Club, Walmart, Home Depot).
Updated: Dec 11, 2024
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Northlake Retail Property For Sale
Contact for pricing
4,940 SF

Northlake Retail Property For Sale

39 W 39Th Ave N, Northlake, IL 60165

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

  • 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
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Based on your search, we've compiled 89 Potential Opportunities for your consideration. Besides 2 Active listings in Northlake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 83 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Storefront in Maywood, IL
$220,000
0.08 Acres

Updated Storefront in Maywood, IL

City-approved, updated storefront ideal for salon, studio, or small business.

1209 S 5Th Ave, Maywood, IL 60153
View details
Maywood Mixed-Use Property For Sale
Pending
$200,000
0.08 Acres

Maywood Mixed-Use Property For Sale

Mixed-use property with retail space and a three-bedroom apartment.

1310 5Th Ave S, Maywood, IL 60153
View details
Dunning Neighborhood Strip Center
$999,999

Dunning Neighborhood Strip Center

Five-unit retail strip in Chicago's Dunning neighborhood.

9999 W Confidential Ave, Chicago, IL 60634
View details
Versatile Commercial Space, Chicago
Pending
$265,000
0.07 Acres

Versatile Commercial Space, Chicago

Renovated office/retail/flex space with high visibility and flexible zoning.

2451 N Harlem Ave, Chicago, IL 60707
View details

Explore Off-Market Properties in Northlake, IL

Consider similar Off-Market properties in Northlake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

39 North Ave

39 North Ave

Individual retail properties • 4,940 SF
Value Estimation by Request
39 North Ave, Northlake, IL 60164
View details
101 Grand Ave

101 Grand Ave

RETAIL STORES (PERSONAL SERVICES) • 0.28 Acres
Value Estimation by Request
101 Grand Ave, Northlake, IL 60164-1020
View details
324 En Ave

324 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
Value Estimation by Request
324 En Ave, Northlake, IL 60164-2627
View details
101 Wn Ave

101 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
Value Estimation by Request
101 Wn Ave, Northlake, IL 60164-2316
View details
44 En Ave

44 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
44 En Ave, Northlake, IL 60164-2516
View details
44 En Ave

44 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
44 En Ave, Northlake, IL 60164-2516
View details
305 En Ave

305 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
Value Estimation by Request
305 En Ave, Northlake, IL 60164-2628
View details
59 En Ave

59 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.16 Acres
Value Estimation by Request
59 En Ave, Northlake, IL 60164-2518
View details
223 En Ave

223 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
Value Estimation by Request
223 En Ave, Northlake, IL 60164-2526
View details
75 Wn Ave

75 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
75 Wn Ave, Northlake, IL 60164-2306
View details
6 En Ave

6 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.13 Acres
Value Estimation
$6,645,000
6 En Ave, Northlake, IL 60164-2516
View details
75 Wn Ave

75 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
75 Wn Ave, Northlake, IL 60164-2306
View details
22 Wolf Rd

22 Wolf Rd

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation
$6,645,000
22 Wolf Rd, Northlake, IL 60164-2346
View details
505 Wolf Rd

505 Wolf Rd

RETAIL STORES (PERSONAL SERVICES) • 0.29 Acres
Value Estimation by Request
505 Wolf Rd, Northlake, IL 60164-1632
View details
6 En Ave

6 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
Value Estimation
$6,630,000
6 En Ave, Northlake, IL 60164-2516
View details
223 En Ave

223 En Ave

RETAIL STORES (PERSONAL SERVICES) • 3,644 SF
Value Estimation by Request
223 En Ave, Northlake, IL 60164-2526
View details
75 Wn Ave

75 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
75 Wn Ave, Northlake, IL 60164-2306
View details
200 Fullerton Ave

200 Fullerton Ave

RETAIL STORES (PERSONAL SERVICES) • 4,080 SF
Value Estimation
$565,000
200 Fullerton Ave, Northlake, IL 60164-1479
View details
320 24th En Ave

320 24th En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
Value Estimation by Request
320 24th En Ave, Northlake, IL 60164
View details
23 En Ave

23 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
23 En Ave, Northlake, IL 60164-2517
View details
107 Grand Ave

107 Grand Ave

RETAIL STORES (PERSONAL SERVICES) • 0.43 Acres
Value Estimation by Request
107 Grand Ave, Northlake, IL 60164-1020
View details
39 Wn Ave

39 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
Value Estimation
$760,000
39 Wn Ave, Northlake, IL 60164-2312
View details

Northlake, IL Retail Space Investment Opportunities Market Analysis

Explore 85 retail space for sale in Northlake, IL on our real estate platform. These investment opportunities span a total of 435,678 square feet of properties for sale, with an estimated market value of $64,135,000.

Sale prices for retail space in Northlake, IL start at $190,000, averaging $1,832,428, and reaching up to $6,590,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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