This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Retail For Sale, Chicago, IL or Illinois

Walgreens Drug Store

92nd & Commercial, Chicago, IL 60617

N/A

15,120 SF | Retail

  • Print

Main Photo

Retail Property - Off Market

Price:
N/A
Building Size:
15,120 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Street Retail
Retail (Other)
Anchor
Property Use Type:
Investment
Cap Rate:
7.25%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2001
Lot Size:
1.30 AC
Zoning Description:
COMMERCIAL
Listing ID
8003814
Last Updated
over 1 year ago

Highlights

  • GREAT RETURN FOR WALGREENS!!!!
  • 6.5% Cash on Cash
  • 7.25 % Cap Rate
  • "NNN" Walgreens
  • Ideal for 1031 Exchange

Description

PRICED TO SELL !!! This Free Standning Walgreens was built in 2001 and features beautiful architectural facade with ornate tiling, prairie style lighting and heavy landscaping intended to enhance the community. Property is leased to Walgreens on NNN basis 75 years (20yr initial and 11 five year options). Rent $395,000 commenced on 9/16/2001. Existing conduit 10/30 financing needs to be assumed at an interest rate of 5.975%. See SUMMARY attachement for more information on financing and lease.

Property located in the souteast section of Chicago at NWC of 92nd & Commercial. Surrounded by 200,000 residents within a 3 mile radius tis area is experiencing redevelopment thanks to Chicago's new redevelopment initiative plan.

Map of 92nd & Commercial, Chicago, IL 60617

Research for 92nd & Commercial, Chicago, IL 60617 (Cook County)

  • Demographics – Population, income & other demographics near 92nd & Commercial
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Similar Listings

5 Photos
1709 W. Chicago
1709 W. Chicago
  • Chicago, IL
  • $2,100,000
  • 15,740 SF Bldg
3254 N. Lincoln Ave 3254 N. Lincoln Ave
  • Chicago, IL
  • $5,500,000
  • 14,300 SF Bldg
2 Photos
6701-6727 S. Western Av...
6701-6727 S. Western Av...
  • Chicago, IL
  • $2,900,000
  • 14,800 SF Bldg
10 Photos
8900 - 8908 S Stony Isl...
8900 - 8908 S Stony Isl...
  • Chicago, IL
  • $1,490,000
  • 19,551 SF Bldg
17 Photos
111th Kedzie Hard Corne...
111th Kedzie Hard Corne...
  • Chicago, IL
  • $1,500,000
  • 19,000 SF GLA
1642 E. 87th St 1642 E. 87th St
  • Chicago, IL
  • $549,000
  • 11,000 SF Bldg
Freestanding Building 7... Freestanding Building 7...
  • Chicago, IL
  • $1,800,000
  • 12,500 SF Bldg
11 Photos
2001 N California Ave
2001 N California Ave
  • Chicago, IL
  • $2,075,000
  • 11,000 SF Bldg
3 Photos
5058 S Halsted
5058 S Halsted
  • Chicago, IL
  • $700,000
  • 11,000 SF GLA
Family Dollar Family Dollar
  • Chicago, IL
  • $975,000
  • 12,000 SF Bldg
12 Photos
3318 W Montrose Ave
3318 W Montrose Ave
  • Chicago, IL
  • $799,000
  • 17,000 SF Bldg
9 Photos
6600 S. Stony Island Av...
6600 S. Stony Island Av...
  • Chicago, IL
  • Price Not Disclosed
  • 12,500 SF Bldg
999 Chicago 999 Chicago
  • Chicago, IL
  • $295,000
  • 14,000 SF Bldg
5 Photos
Dollar General
Dollar General
  • Chicago, IL
  • $1,210,526
  • 12,375 SF Bldg