Walgreens Net Leased Investment

The site is located at the northeast corner of 63rd St & Kedzie Ave., Chicago, Illinois. It is positioned in the heart of Chicago’s Chicago Lawn / West Lawn trade area, one of the city’s most established and densely populated Southwest Side commercial corridors. Located along the heavily traveled Kedzie Avenue arterial corridor near 63rd Street, the site benefits from exceptional neighborhood visibility, strong daily vehicular traffic, excellent CTA bus accessibility, and immediate connectivity to surrounding residential communities including Chicago Lawn, West Lawn, and Marquette Park. The location serves as a key neighborhood retail destination drawing consistent local consumer traffic from a highly concentrated residential base.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.