3220 W 111th St - Drug Store FOR SALE


Chicago, IL 60655- Mount Greenwood
$6,928,570 USD
312-548-6822
3220 W 111th St, Chicago, IL for Sale
$6,928,570 USD
Drug Store - FOR SALE
1/7
null | 7% Cap Rate

3220 W 111th St
Chicago, IL 60655
Mount Greenwood


HIGHLIGHTS

  • Strong Store Sales
  • Affluent Demographics
  • Absolute NNN

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, absolute triple-net Walgreens located at 3220 W 111th Street in Chicago, Illinois (the “Property”). Walgreens has occupied the Property since it was constructed in 2010, and there are 10 years of term remaining on the lease followed by ten (10), 5-year renewal options. Walgreens is located on a highly visible corner parcel at the intersection of West 111th Street and South Kedzie Avenue, a major commercial corridor in Chicago’s Mount Greenwood neighborhood. The site benefits from excellent visibility and convenient access, serving as a key retail destination for local residents and daily commuters throughout the Southwest Side. Positioned within one of the area’s primary shopping districts, the Property is surrounded by a mix of national and neighborhood retailers, restaurants, and service-oriented businesses that drive consistent traffic. The location also benefits from proximity to Saint Xavier University, nearby schools, and community amenities including Mount Greenwood Park, reinforcing the Property’s role as a convenient and reliable retail hub within a stable, family-oriented community.

FOR SALE DETAILS

PRICE

$6,928,570 USD

PRICE/SF

$508 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

PD 1108

APN/PARCEL ID

24-14-423-067-0000,24-14-423-068-0000

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.