2744 N California Ave
Chicago, IL 60647
Retail For Sale · Retail Property For Sale · 12,515 SF

The subject property is a a free-standing single-tenant Walgreens located at the SWC of California Avenue and Milwaukee Avenue in Chicago, IL. The subject property has approximately 12,515 square feet of building GLA and sits on a lot of approximately 35,557 square feet or .81 acres. The offering represents a unique opportunity to acquire a newly constructed Walgreen' s with a long-term lease in place. There is excellent highway signage and visibility. The newly constructed Walgreens is a prototype store and will have a drive-thru pharmacy and LEED certified construction (one of only two in the entire Walgreen' s portfolio).

The subject property is located at the SWC of California Avenue & Diversey Avenue, literally steps from Interstate 90/94, one of the most heavily traversed roadways in the state, with exit 46A just seconds away. Additionally, both California Avenue and Diversey Avenue are major commercial thoroughfares throughout the Chicago MSA. Other prominent arties within close proximity are Western Avenue, one mile east, Kedzie Avenue, one mile west, Belmont Avenue, one mile north, and Fullerton Avenue, one mile south. Combined, this cluster of primary commercial thoroughfares creates a tremendous amount of commercial traffic to the trade area and subsequently the subject property. Furthermore, the subject property has highway signage and visibility to the nearly 300,000 vehicles per day that travel along Interstate 90/94. This visibility is unmatched in the area and will allow consumers traveling along Interstate 90/94 to see the Walgreen' s signage and exit at 46A in order to visit the subject property for whatever need they may have. Moreover, the subject property is located in a dense infill location with tight barriers to entry.