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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
    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
    Updated: Jan 16, 2025
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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.

    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 Opportunity
    $200,000
    0.08 Acres

    Maywood Mixed-Use Opportunity

    Mixed-use property with retail and residential potential in Maywood, IL.

    1310 5Th Ave S, Maywood, IL 60153
    View details
    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
    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
    View details
    232 En Ave

    232 En Ave

    STORE, RETAIL OUTLET • 853 SF
    Value Estimation by Request
    232 En Ave, Northlake, IL 60164-2525
    View details

    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 $3,862,500.

    Sale prices for retail units in Northlake, IL start at $0.00, averaging $965,625, and reaching up to $3,862,500 — 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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