6016 West 63rd Street, Chicago, IL 60638
Status Available
Price $5,579,000
Cap Rate 6.30%
NOI $351,250
Lease Type Absolute NNN
Lease Term 13 Years
Lease Start 9/1/2022
Lease Expiration 8/31/2035
Building Size 14,050 SF
Lot Size .77 AC


Located just 10 miles southwest of downtown Chicago, Walgreens is positioned on a hard corner at the signalized intersection of W 63rd Street and S Austin Avenue. Chicago Midway International Airport is a prominent traffic driver near the site (<3 miles) with approximately 172 domestic and 8 international departures daily.

Walgreens is diagonally across from 7-Eleven and is proximate to Fair Share, Little Learners Daycare, BMO Harris Bank, Hoyne Savings Bank, Family Dollar, Metro by T-Mobile, and Dunkin’. Walgreens is also surrounded by a dense concentration of residential with 8,371 households and 22,750 individuals within a 1-mile radius, placing a substantial built-in customer base within walking distance from the site.

The Chicago-Naperville-Elgin MSA (Population: 9.5M) is one of the most attractive and dynamic markets in the nation. Chicago boasts a thriving retail market, with the third largest economy in the nation. The market’s vibrant business climate, central geographic location, diversified economy and available human resources have helped Chicago achieve a prominent position as a world-class city in finance, international trade, manufacturing, transportation, culture and the arts.