6301 S Kedzie Ave - Freestanding FOR SALE


Chicago, IL 60629- Marquette Park
$3,900,000 USD
708-927-8000
6301 S Kedzie Ave, Chicago, IL for Sale
$3,900,000 USD
Freestanding - FOR SALE
1/5
null | 7.44% Cap Rate

6301 S Kedzie Ave
Chicago, IL 60629
Marquette Park


HIGHLIGHTS

  • High-traffic corner with excellent visibility and easy access
  • Surrounded by high density residential neighborhood
  • Strong daily vehicle and pedestrian counts

OVERVIEW

Network Property Management is pleased to exclusively present for sale a single tenant, net-leased Walgreens property strategically located on the southwest side of Chicago. The asset occupies the highly visible northeast corner of 63rd Street & Kedzie Avenue, a prominent hard-corner position at a fully signalized four-way intersection. The property is improved with a +/-14,029 square-foot freestanding building situated on an approximately +/-39,558 square-foot site, offering excellent frontage, access, and visibility. The intersection benefits from strong traffic volumes of approximately 33,000 vehicles per day, providing consistent consumer exposure and reinforcing the location’s long-term retail viability. Walgreens has successfully operated at this location since its original construction in 2001 and recently demonstrated its continued commitment to the site by extending its lease through January 2029. The lease structure offers a passive investment profile, with landlord responsibilities limited to roof and structural components, making this an attractive opportunity for investors seeking stable, long-term income backed by a nationally recognized credit tenant.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

7.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

50

APN/PARCEL ID

19-24-100-006-0000,19-24-100-007-0000,19-24-100-008-0000,19-24-100-009-0000

ASK ABOUT THIS PROPERTY

Neil HaleemNetwork Commercial Real Estate, llc.More Info
708-927-8000

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Neil HaleemNetwork Commercial Real Estate, llc.More Info
708-927-8000

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