Illinois inventory

Net Lease Properties for Sale in Illinois

Compare triple net (NNN) and net lease commercial real estate for sale in Illinois. Review cap rates, national credit tenants, and lease terms to find the right 1031 exchange or passive-income investment.

Active listings
43
Avg cap rate
6.70%
Tenant brands
22

Illinois net lease properties by brand

Why invest in Illinois net lease real estate

Illinois attracts net lease investors seeking single-tenant retail, quick-service restaurant, pharmacy, and discount-retail assets backed by national operators. These properties combine long-term leases with limited landlord obligations.

Every listing below is a live opportunity in Illinois. Review the tenant, remaining lease term, rent structure, and asking cap rate, then connect directly with the seller to move forward.

Frequently asked questions

How many net lease properties are for sale in Illinois?
There are currently 43 net lease properties for sale in Illinois listed on Top Net Lease, spanning 22 tenant brands.
What is the average cap rate for net lease properties in Illinois?
The average asking cap rate for Illinois net lease listings on Top Net Lease is approximately 6.70%, though individual properties vary with tenant credit, remaining lease term, and location.
Are Illinois net lease properties suitable for a 1031 exchange?
Yes. Net lease properties in Illinois are commonly used as 1031 exchange replacement assets because they provide long-term leases, national-tenant income, and minimal landlord responsibilities.