City Search - Illinois
Search for a Commercial Property for sale in Illinois (IL).
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Illinois commercial property and Businesses for sale include
Illinois Warehouse's for sale, Illinois Office Buildings for sale, Illinois Industrial Buildings for sale, Restaurants for sale in Illinois, Retail Outlets for sale in Illinois, Manufacturing Factories for sale in Illinois, Hotels for sale in Illinois, Wholesale Distribution Warehouse for sale in Illinois, Illinois Shopping Malls for sale Industrial property
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Choosing to buy your property instead of leasing is a long-term commitment and at times a financial risk or liability. Commercial property may increase in value with time, but if you need to liquidate your assets there’s no guarantee your property will sell quickly, you may need to lease it until you can find a buyer. Commercial property trends go up and down, so being prepared and having back up plans can help landowners negotiate economic downturns while protecting company assets. While property hunting for your office premises or company HQ keep in mind what kind of space your business needs, what’s the max or minimum square footage you’ll need? What type of location fits better, centrally located, urban neighborhood, suburban downtown or ‘on the outskirts of town area?’ Does the building have handicap access? Is the building or parking garage accessible for business hours only? These and other questions should be asked before deciding on a permanent place.
Purchase commercial property for your new or existing business venture. If you are used to leasing your business premises, know that as an owner the expenses and liabilities will be higher. Not only are you paying taxes and property insurance, but also paying for upkeep, repairs and any improvements (some might be tax deductible). A knowledgeable accountant will be able to counsel you whether it’s a viable option to own or lease.
Commercial property and real estate, with and without businesses, for sale in Illinois by city