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- LoopNet Team
650 W 63rd St
Chicago, IL 60621
Walgreens · Retail Property For Sale
PROPERTY FACTS
- 275 FT on West 63rd
- 258 FT on South Union Ave
Amenities
- Drive Thru
- Air Conditioning
About 650 W 63rd St , Chicago, IL 60621
The Jonna Group of Marcus & Millichap is pleased to present a double net (NN) leased Walgreens Pharmacy, located in the iconic city of Chicago, Illinois. This is a corporate backed Walgreens comprised of 15,120-square feet on approximately 1 acre of land. Walgreens has over 10 years remaining on their base 20 year lease which includes 10 (5) year renewal options. The property is strategically situated on the signalized hard corner intersection of West 63rd Street and South Union Avenue with immediate access to interstate 94 exit/entrance ramps and walking distance to Kennedy-King College with over 12,000 in student enrollment. The immediate region is densely populated with 337,000+ people including over 117,000 households in a three mile radius. This exceptional investment provides an investor strong stable cash flow from the largest pharmacy in the United States. Surrounding area retailers include: Brand New Englewood Square Development with Whole Foods Market, Starbucks, Chipotle & PNC Bank. Englewood Square is part of a larger 13-acre development being developed in the near future. Chicago is the third most populous city in the United States, after New York City and Los Angeles. With 2.7 million residents, it is the most populous city in both the state of Illinois and the Midwestern United States. Its metropolitan area, sometimes called Chicagoland, is home to 9.5 million people.
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PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $235,778 |
Land Assessment | $97,222 | Total Assessment | $333,000 |
PROPERTY TAXES
- 20-16-324-058-0000
- 20-16-324-059-0000
Learn More About Investing in Retail Properties
Listing ID: 4911814
Date on Market: 11/15/2016
Last Updated:
Address: 650 W 63rd St, Chicago, IL 60621
The Retail Property at 650 W 63rd St, Chicago, IL 60621 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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