Walgreens | 28895 W IL Route 120
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Walgreens 28895 W IL Route 120
14,820 SF Retail Building Lakemoor, IL 60051 $4,940,000 ($333/SF) 7.75% Cap Rate
Investment Highlights
- This Walgreens occupies a strategic location within Lakemoor, IL, a Chicago MSA suburb only 19 miles from Walgreens corporate headquarters
- This Walgreens enjoys a strategic location within Lakemoor, establishing itself as the only drugstore within a 3-mile radius.
- Strategically located within 4 miles of six established assisted living facilities, including The Courtyard at McHenry, Riverside Resources
- Unlike the traditional prototypes of Walgreens stores that are primarily stucco, the subject property is one of the rare mostly brick construction one
- With over ±14.4 years remaining on the lease term, this investment ensures consistent rental income for the foreseeable future from Walgreens
- The property is situated on a prominent corner lot off W. IL Route 120 & N. Darrell Rd, ensuring excellent exposure and visibility to over 29,000 VPD
Executive Summary
Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
A
Year Built
2013
Price
$4,940,000
Price Per SF
$333
Cap Rate
7.75%
NOI
$382,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.60 AC
Zoning
C
Parking
41 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | 09-04-109-081 | Improvements Assessment | $467,558 |
| Land Assessment | $174,578 | Total Assessment | $642,136 |
PROPERTY TAXES
Parcel Number
09-04-109-081
Land Assessment
$174,578
Improvements Assessment
$467,558
Total Assessment
$642,136
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Walgreens | 28895 W IL Route 120
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.