Commercial Real Estate Solutions

Whether you're buying, selling, leasing or investing, I provide experienced local guidance for commercial properties throughout Grundy, Will, Kendall and LaSalle Counties.

I work with vacant land, storefronts, professional and medical office space, storage yards, multifamily buildings, residential investment properties and smaller industrial properties.

From locating the right opportunity to evaluating income potential and negotiating favorable terms, I'll help you confidently navigate your next commercial real estate transaction.

CONTACT

WHO I WORK WITH

Commercial real estate brings together a few different kinds of buyers and sellers, and I work with all of them.

Investors looking for income-producing property, from a duplex to a multifamily building

Small business owners ready to buy their own storefront or office space instead of leasing

Landlords buying, selling or expanding a rental portfolio

Developers and land buyers evaluating vacant or development-ready parcels

Sellers ready to move on from a commercial property or investment they've outgrown

Wherever you fit, I'll help you think through the opportunity the same way I'd want it explained to me.

LET'S TALK STRATEGY

Property Types

Commercial property covers a lot of ground, and each category comes with its own considerations. Here's where my experience runs deep.

Land and Outdoor Property

From raw acreage to space built for equipment and materials, land-based commercial property comes with its own zoning and use questions.

● Vacant land

● Development Land

● Storage Yards

● Contractor or equipment yards

Retail

Storefronts and office space each come with their own visibility, foot traffic and buildout needs.

● Storefronts

● Commercial Leasing

● Business and Professional Office Space

● Medical or Physical-Therapy Office Space

Multifamily and Investment Property

Income-producing residential property is its own category, with financing and numbers that look different from a typical home purchase.

● Two-to-four-unit residential investment properties

● Five-or-more-unit multifamily buildings

● Residential landlord properties

● Income-producing investment properties and buildings

Industrial

Smaller-scale industrial and flex space serve a range of local businesses throughout the area.

● Smaller industrial properties

● Flex spaces

● Warehouse or storage buildings

Wherever your search fits, I'll help you evaluate the opportunity with the right numbers and the right questions in mind.

Have a specific property type in mind?

Text me and let's talk through it.

SEND ME A TEXT

Understanding Commercial Real Estate

Commercial real estate comes with its own vocabulary, formulas and financing options that don't always show up in a residential transaction. Here's a breakdown of what you'll run into most, and how I can help along the way.

Net Operating Income & Cap Rate

Net Operating Income (NOI) is a property's gross operating revenue minus its ordinary operating expenses. The capitalization rate, or cap rate, is calculated by dividing the property's NOI by its purchase price. These figures are commonly used to evaluate and compare income-producing properties.

Gross Lease vs. Triple-Net Lease

With a gross lease, the tenant generally pays a predictable rental amount while the landlord covers property taxes, building insurance and common-area expenses. Under a triple-net lease, or NNN lease, the tenant pays base rent plus a prorated share of property taxes, insurance and common-area maintenance.

Price Per Square Foot

Price per square foot is calculated by dividing the purchase price by the building's total square footage. Commercial lease rates may also be expressed as an annual or monthly cost per square foot.

1031 Exchange

A 1031 exchange may allow an investor to sell qualifying investment real estate and purchase another qualifying property while deferring certain taxes. Strict rules and deadlines apply, including identifying replacement property within 45 days and completing the purchase within 180 days.

Commercial & Small-Business Financing

Commercial properties may be financed through conventional commercial loans, investor loans, portfolio lenders or certain small-business loan programs, including SBA financing for qualifying owner-occupied properties. Lenders may consider the property's income, debt-service coverage ratio, down payment, borrower experience, business financials and overall financial strength. Commercial loans may also have different repayment terms, adjustable rates or balloon payments.

FAQ

A few questions I hear often from buyers and sellers new to commercial real estate.

Does a residential realtor handle commercial real estate?

Yes, with the right experience and licensing. I work across both residential and commercial transactions throughout Grundy, Will, Kendall and LaSalle Counties, and I bring the same local market knowledge to a commercial deal that I do to a home sale.

What's the difference between buying residential and commercial property?

Commercial deals are evaluated differently. Instead of comparable home sales, commercial property is often priced based on its income potential, lease terms and cap rate. Financing, timelines and inspections can also look different than a typical home purchase.

Do I need a different type of agent for an investment property?

Not necessarily, but you do want an agent who understands how investment property is evaluated, including NOI, cap rate and financing options like SBA or portfolio loans. I can walk you through what to look for.

Can you help me find commercial land or a development parcel?

Yes. I work with vacant land and development-ready parcels throughout the four-county area and can help you evaluate zoning, use and location before you buy.

Do you work with small business owners buying their own space?

Yes. If you're ready to stop leasing and buy the space your business operates out of, I can help you find the right property and understand the financing options available to owner-occupants, including SBA loans.

Let's Talk Commercial Real Estate

Whether you're looking to buy, sell, lease or invest in Grundy, Will, Kendall or LaSalle County, I'd love to hear what you're working on and help you figure out the right next step.