800 Devon Ave
Park Ridge, IL 60068
Retail Property For Sale

20 Year Lease - Proven Sales - Prime Chicagoland This is an excellent opportunity for a savvy investor to acquire a new construction, long-term Walgreens that is a relocation (on essentially the same site) of a very high performing inline store. In fact, the old, inline store at this location reported such high sales volumes that is was paying percentage rent, which is extremely rare. This new Walgreens store now sits on a separate parcel. The new store opened for business mid-2016. Walgreens will most certainly continue to enjoy high sales volumes with this larger format store and drive-thru. Site boasts a rare combination of high incomes and dense population. Park Ridge is a picturesque suburb of 37,480 residents located 14 miles northwest of downtown Chicago, convenient to O'Hare Airport, major expressways, CTA and Metra trains. Incorporated as the village of Park Ridge in 1873 (and reorganized as the City of Park Ridge in 1910), Park Ridge is a prime residential community that retains its distinctive, small-town charm. The City' s vibrant Uptown shopping area includes the Metra station, Public Library and several charming parks where live musical concerts and special events are held in the summer. Throughout the City, tree-lined streets, pleasing architecture, excellent schools and ample parks help make Park Ridge one of the most desirable family communities in the Chicago area. Unique shops, famous-name stores and popular restaurants fill the Uptown area, where award-winning new buildings in The Shops of Uptown blend serenely with historic ones. The Uptown Park Ridge skyline is graced with cupolas, church spires and the 100-foot tower of the Art Deco Pickwick Theatre, which is on the National Register of Historic Places.