Home › NNN Properties For Sale › Illinois › Cook County
101 NNN properties are observed for sale in Cook County, Illinois across 67 tenants and 45 towns as of November 9, 2026, at a median asking cap rate of 6.75%, 16 basis points below the Illinois median of 6.91%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, places each listing in its county from its mapped location, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and towns carry the inventory, what it is asking, how Cook County prices against Illinois and the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in Cook County run from 4.00% to 9.65%, with the middle half of listings between 6.00% and 7.50%. Median asking price $3.18M (median $510 per SF). Average remaining lease term 7.7 years among 33 listings that state a term. 7 listings report a 2026 build year. 46 listings were first observed and 31 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
Cook County vs Illinois and the National NNN Market
| Measure | Cook County | Illinois | United States |
|---|---|---|---|
| Observed listings | 101 | 330 | 7,398 |
| Median asking cap rate | 6.75% | 6.91% | 6.35% |
| Middle half of asking cap rates | 6.00% to 7.50% | 6.00% to 7.75% | 5.70% to 7.15% |
| Median asking price | $3.18M | $2.61M | $2.77M |
| Average remaining lease term (listings stating a term) | 7.7 yrs | 8.2 yrs | 10.1 yrs |
| Listings with an investment grade rated tenant brand or parent company | 33% | 28% | 25% |
All three columns use the same listing rules. A county median reflects both location and which tenants are on the market, so compare any listing with its tenant’s cap rate range before reading a gap as a discount or a premium.
NNN Properties For Sale in Cook County: Latest Listings
Up to twenty-four single-tenant net lease properties in Cook County with published pricing, the newest from each tenant first. Below the table, the full listing browser carries every observed Cook County listing with tenant, town, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | Town | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| 7-Eleven | Mount Prospect | $3,605,000 | 5.50% | $198,338 | n/a | 2020 | Not stated | Get full property data |
| Walgreens | Chicago | $6,387,000 | 7.75% | $495,000 | n/a | 2005 | Not stated | Get full property data |
| Action Behavior Centers | Alsip | $2,999,000 | 8.35% | $250,400 | n/a | 1985 | Not stated | Get full property data |
| PNC Bank | Oak Park | $3,585,000 | 6.75% | $242,000 | n/a | 2025 | Not stated | Get full property data |
| Starbucks | Des Plaines | $1,699,000 | 6.30% | $107,018 | n/a | 2008 | Not stated | Get full property data |
| Burger King | Chicago | $1,406,000 | 6.00% | $84,360 | n/a | 2017 | Not stated | Get full property data |
| REI | Hoffman Estates | $4,286,065 | 9.15% | $392,175 | n/a | 2016 | Not stated | Get full property data |
| Mattress Warehouse | Chicago | $1,728,000 | 7.35% | $127,025 | n/a | 1986 | Not stated | Get full property data |
| Take 5 Oil Change | Mount Prospect | $1,415,000 | 7.00% | $99,000 | n/a | 2021 | Not stated | Get full property data |
| T.J. Maxx | Homewood | $3,836,000 | 7.50% | $287,766 | n/a | 2005 | Not stated | Get full property data |
| Ross Dress for Less | Homewood | $3,623,000 | 7.25% | $262,680 | n/a | 2005 | Not stated | Get full property data |
| Petco | Homewood | $3,221,000 | 7.50% | $241,584 | n/a | 2005 | Not stated | Get full property data |
| Chipotle | Broadview | $2,830,200 | 5.30% | $150,000 | n/a | 2026 | Not stated | Get full property data |
| Pollo Campero | Chicago | $3,440,435 | 5.75% | $197,825 | n/a | n/a | Not stated | Get full property data |
| Aqua Express Car Wash | Markham | $4,099,042 | 6.15% | $252,091 | n/a | 1962 | Not stated | Get full property data |
| Local MD Urgent Care | Homewood | $2,460,000 | 6.00% | $147,550 | n/a | n/a | Not stated | Get full property data |
| Best Buy | Homewood | $5,215,000 | 7.54% | $393,000 | n/a | n/a | Not stated | Get full property data |
| U.S. Bank | Schaumburg | $4,290,000 | 5.25% | $225,000 | n/a | 2025 | Not stated | Get full property data |
| AutoZone | Markham | $1,075,000 | 5.75% | $61,788 | n/a | 2005 | Not stated | Get full property data |
| T-Mobile | Lansing | $1,613,000 | 7.75% | $125,017 | n/a | 2016 | Not stated | Get full property data |
| O'Reilly Auto Parts | Mount Prospect | $5,980,000 | 6.00% | $358,750 | n/a | 1990 | Not stated | Get full property data |
| Raising Cane's | Homewood | $3,100,000 | 5.00% | $155,000 | n/a | n/a | Not stated | Get full property data |
| Advocate Health & Hospitals | Morton Grove | $3,370,000 | 6.05% | $203,877 | n/a | 1996 | Not stated | Get full property data |
| McDonald's | Chicago | $3,750,000 | 4.00% | $149,799 | n/a | 2018 | Not stated | Get full property data |
Showing 24 of 101 observed Cook County listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Cook County NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a profile covering credit rating status, cap rates and inventory.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| 7-Eleven | 8 | 5.50% | 5.00% to 8.00% | $3.85M | 7-Eleven NNN for sale |
| Walgreens | 5 | 7.60% | 6.00% to 8.18% | $5.45M | Walgreens NNN for sale |
| Advance Auto Parts | 3 | 8.25% | 6.75% to 8.25% | $1.96M | Advance Auto Parts NNN for sale |
| CVS | 3 | 7.17% | 7.00% to 7.80% | $5.28M | CVS NNN for sale |
| Dollar General | 3 | 7.88% | 7.75% to 8.00% | $1.23M | Dollar General NNN for sale |
| KFC | 3 | 7.00% | 5.00% to 7.10% | $1.82M | |
| KinderCare | 3 | 7.50% | 6.55% to 7.52% | $10.09M | |
| Starbucks | 3 | 5.75% | 5.00% to 6.30% | $1.70M | Starbucks NNN for sale |
| Take 5 Oil Change | 3 | 6.70% | 6.35% to 7.00% | $1.42M | |
| 7 Brew | 2 | 5.70% | 5.50% to 5.90% | $1.88M | |
| Burger King | 2 | 6.94% | 6.00% to 7.88% | $1.92M | Burger King NNN for sale |
| Chipotle | 2 | 5.45% | 5.30% to 5.60% | $2.34M | Chipotle NNN for sale |
| Dutch Bros | 2 | 5.50% | 5.50% | $3.14M | Dutch Bros NNN for sale |
| Fifth Third Bank | 2 | 5.88% | 5.50% to 6.25% | $3.84M | Fifth Third Bank NNN for sale |
| Ross Dress for Less | 2 | 7.33% | 7.25% to 7.41% | $4.26M | |
| Taco Bell | 2 | 5.10% | 4.35% to 5.85% | $1.92M | Taco Bell NNN for sale |
| U.S. Bank | 2 | 5.63% | 5.25% to 6.00% | $3.59M | U.S. Bank NNN for sale |
| Wendy's | 2 | 6.98% | 6.25% to 7.70% | $2.24M | Wendy's NNN for sale |
| Action Behavior Centers | 1 | n/a | 8.35% | $3.00M | |
| Advocate Health & Hospitals | 1 | n/a | 6.05% | $3.37M | |
| Alero Financial | 1 | n/a | 6.00% | $2.05M | |
| All Tune and Lube | 1 | n/a | 9.65% | $0.55M | |
| Amoco | 1 | n/a | n/a | $4.60M | |
| Aqua Express Car Wash | 1 | n/a | 6.15% | $4.10M | |
| Arby's | 1 | n/a | 6.50% | $1.58M | Arby's NNN for sale |
Tenants with the most Cook County listings observed (top 25 of 67).
Tenant Credit in Cook County
33 of 101 observed Cook County listings (33%) are leased to tenant brands whose own or parent company’s verified S&P, Moody’s or Fitch rating is investment grade (BBB‑ or Baa3 and above) in the Investment Grade ratings database, compared with 28% across Illinois and 25% nationally. Brands not yet in the ratings database count as not rated, so the share is a floor. A franchised location may be leased to a franchisee rather than the rated company, so confirm the tenant and any guarantee in the lease. Ratings and outlooks by tenant are on the investment grade credit tenant ratings page.
Cook County NNN Properties by Town
The towns with the most observed Cook County listings are Chicago (35), Homewood (6) and Mount Prospect (4). Tap any town in the table to filter the full listing browser to that town.
| Town | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| Chicago | 35 | 6.75% | $3.53M |
| Homewood | 6 | 7.38% | $3.58M |
| Mount Prospect | 4 | 6.00% | $3.47M |
| Oak Park | 3 | 6.25% | $3.22M |
| Schaumburg | 3 | 6.55% | $5.32M |
| Skokie | 3 | 8.23% | $4.44M |
| Cicero | 2 | n/a | $2.12M |
| Des Plaines | 2 | 6.15% | $2.35M |
| Lansing | 2 | 7.38% | $1.89M |
| Markham | 2 | 5.95% | $2.59M |
| Melrose Park | 2 | 5.88% | $3.90M |
| Morton Grove | 2 | 6.73% | $4.14M |
| Rolling Meadows | 2 | 6.38% | $3.59M |
| Tinley Park | 2 | 5.25% | $3.19M |
| Alsip | 1 | n/a | $3.00M |
| Arlington Heights | 1 | n/a | $3.82M |
| Bridgeview | 1 | n/a | $4.00M |
| Broadview | 1 | n/a | $2.83M |
| Brookfield | 1 | n/a | $8.00M |
| Buffalo Grove | 1 | n/a | $29.03M |
| Calumet City | 1 | n/a | $1.23M |
| Calumet Park | 1 | n/a | $4.09M |
| Chicago Ridge | 1 | n/a | $1.44M |
| Countryside | 1 | n/a | $17.51M |
| Dolton | 1 | n/a | $1.82M |
Towns as named in each listing (top 25 of 45).
Cook County Economy at a Glance
| Measure | Value | Period | Source |
|---|---|---|---|
| Resident population | 5,194,625 (−1.3% since 2020) | 2025 | FRED ILCOOK1POP, U.S. Census Bureau |
| Unemployment rate (not seasonally adjusted) | 4.7% | September 2026 | FRED ILCOOK1URN, U.S. Bureau of Labor Statistics |
| Per capita personal income | $79,964 | 2024 | FRED PCPI17031, U.S. Bureau of Economic Analysis |
Latest published figures from FRED, Federal Reserve Bank of St. Louis, with the original publisher named. Each figure shows its own period and refreshes automatically when a new period is published.
NNN Properties in Counties Bordering Cook County
- NNN properties for sale in Lake County, Illinois (24 listings)
- NNN properties for sale in DuPage County, Illinois (21 listings)
- NNN properties for sale in Will County, Illinois (20 listings)
- Lake County, Indiana (10 listings; see the Indiana page)
- NNN properties for sale in Kane County, Illinois (9 listings)
- NNN properties for sale in McHenry County, Illinois (6 listings)
Counties that share a land border with Cook County, by observed listings with a confirmed county. Counties without their own page yet are listed for reference.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in Cook County, Illinois across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. Each listing is placed in its county from its mapped location using U.S. Census Bureau county boundaries and, where possible, confirmed against its street address through the Census Bureau geocoder or the county named in the listing; a listing whose county cannot be confirmed is left off this page but stays on the Illinois page. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and published cap rates; listings without a published cap rate are left out of cap rate figures. These figures describe what sellers are asking, not closed sale prices, and an auction listing may show its starting bid as the asking price. The Illinois and national comparisons use the same rules. Tenant credit uses verified ratings in the Investment Grade ratings database.
Frequently Asked Questions: NNN Properties For Sale in Cook County
How many NNN properties are for sale in Cook County, Illinois?
As of November 9, 2026, 101 single-tenant net lease properties are observed for sale in Cook County across 67 tenants and 45 towns. The count updates automatically as listings are added and withdrawn.
What cap rates are Cook County NNN properties asking?
The median asking cap rate is 6.75%, with the middle half of listings between 6.00% and 7.50%. Asking cap rates describe what sellers are asking, not closed sale prices.
How does Cook County compare with the rest of Illinois?
The Cook County median asking cap rate of 6.75% sits 16 basis points below the Illinois median of 6.91%. A county median reflects both location and which tenants are on the market, so compare a listing with its tenant’s cap rate range before reading the gap as a discount or a premium.
Which tenants have the most Cook County NNN listings?
The tenants with the most observed listings are 7-Eleven (8) and Walgreens (5), then several tenants tied at 3 listings each.
Which towns in Cook County have the most NNN listings?
The towns with the most observed listings are Chicago (35), Homewood (6) and Mount Prospect (4). Tap a town in the town table to filter the listing browser.
More NNN Markets
- NNN properties for sale in Illinois, with Illinois transfer and property tax notes
- All NNN properties for sale by tenant
- 1031 exchange rules and replacement property strategy
- What a cap rate is and how to read one
Buying With 1031 Exchange Proceeds?
Compare this inventory with all 7,398 NNN properties observed for sale nationally on the 1031 exchange properties page, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.
