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Northlake, IL Storefront Properties 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
$3,603,086
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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Northlake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Forest Park Retail Center Investment
$1,800,000
12,000 SF

Forest Park Retail Center Investment

Fully Leased, 7-Unit Strip Mall, High Visibility

7736 Madison St, Forest Park, IL 60130
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Oak Park Office Building For Sale
$575,000
6,700 SF

Oak Park Office Building For Sale

12-unit, 6,700 SF office building

6955 North Ave, Oak Park, IL 60302
View details
Mixed-Use Investment Property For Sale
$385,000

Mixed-Use Investment Property For Sale

Renovated mixed-use property with retail and residential units.

7242 Roosevelt Rd, Forest Park, IL 60130
View details
Downtown Oak Park Mixed-Use Building
Contact for pricing
9,737 SF

Downtown Oak Park Mixed-Use Building

17 Units, 9,737 SF, Value-Add Opportunity

113 Marion St, Oak Park, IL 60301
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
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232 En Ave

232 En Ave

STORE, RETAIL OUTLET • 853 SF
Value Estimation by Request
232 En Ave, Northlake, IL 60164-2525
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Northlake, IL Storefront Properties Investment Opportunities Market Analysis

Explore 4 storefront properties for sale in Northlake, IL on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $7,465,586.

Prices for retail units in Northlake, IL start at $0.00, averaging $1,866,396, and reaching up to $3,862,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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