11833 S Western Ave | Chicago, IL 60643
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- LoopNet Team
11833 S Western Ave
Chicago, IL 60643
Walgreens Chicago MSA $6.9M Strong Sales · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Income guaranteed by Walgreens Corporation with over 8,900 locations.
- STRONG SALES & 19-YR OPERATING HISTORY - This Walgreens location has over a 19-year drugstore operating history with solid sales performance.
- HIGH TRAFFIC COUNTS - Sits on NE corner of S Western Ave (±19,900 vpd) & W 119th St (±23,600 vpd) totaling over 43K vpd.
- 6 YRS ON INITIAL TERM ON ABS NNN - Lease has ±6 yrs remaining on NNN lease basis & allows for 10 (5-yr) options with no landlord responsibilities.
- CHICAGO-NAPERVILLE-ELGIN, IL-IN-WI MSA LOCATION – The subject is ±17 mi S of downtown Chicago & part of the Chicago MSA with over 9.6M residents.
- 57,000+ HOUSEHOLDS IN A 3 MILE-RADIUS – Subject property is surrounded by residential neighborhoods that include ±57,000 households in a 3-mi radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,120 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.42 AC
Zoning
B1-1
Frontage
PROPERTY TAXES
| Parcel Number | 25-19-316-030-0000 | Improvements Assessment | $126,418 |
| Land Assessment | $231,210 | Total Assessment | $357,628 |
PROPERTY TAXES
Parcel Number
25-19-316-030-0000
Land Assessment
$231,210
Improvements Assessment
$126,418
Total Assessment
$357,628
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