Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!
Property Details
Price:
$1,995,000
MLS #:
MRD12048739
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Neighborhood:
newark
Listed Date:
May 6, 2024
Total Sq Ft:
9,520
Year Built:
2007
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Steel Siding
Roof
Metal
Stories
2
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2022
Taxes
$16,308
Map
Community
- Address105 IL-71 Newark IL
- CityNewark
- CountyKendall
- Zip Code60541
Market Summary
Current real estate data for Commercial in Newark as of Jun 17, 2026
1
Commercial Listed
772
Avg DOM
$1,995,000
Avg List Price
Property Summary
- 105 IL-71 Newark IL is a Commercial for sale in Newark, IL, 60541. It is listed for $1,995,000
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Copyright 2026. All rights reserved.
105 IL-71
Newark, IL

