1614 W 47th St | Chicago, IL 60609
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- LoopNet Team
1614 W 47th St
Chicago, IL 60609
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Significant sales performance – inquire with broker for details
- NNN lease – No landlord responsibilities
- Over 844,000 people live within a five-mile radius
- Over 13 years remain on a recent lease extension with twelve 5-year options
- 5% rental escalations every five years (Next increase: September 2028)
- Within 5 miles of Guaranteed Rate Field, United Center, and Midway International Airport
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,891 SF
Building Class
C
Year Built
1919
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.93 AC
Zoning
B3-3 - Community Shopping District
Parking
35 Spaces (2.52 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $190,563 | |
| Land Assessment | $119,688 | Total Assessment | $310,251 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$119,688
Improvements Assessment
$190,563
Total Assessment
$310,251
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