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11055 S Western Ave
Chicago, IL 60643 Morgan Park

$2,582,071 USD

Drugstore For Sale  •  15,717 SF

Property Details

• Property Type Drugstore
• Total Building Size 15,717 SF
• Lot Size 1.21 AC
• Building Class C
• Year Built 2002
• Cap Rate 7.00 %
• Tenancy Single
• Zoning B2-2, Chicago

44 Transit Score

83 Walk Score

Highlights

New 10-year lease+ years remain

Several recent capital improvements made including parking lot sealing & striping

Affluent demographics – Average household income within 1-mile is $122,642

$0.50/SF rent increases in each renewal option

449,479 people live within a 5-mile radius

Proximity to Interstate 57 (145,000 VPD)

Property Flyers

OM-Dollar-Tree-Chicago-(Western-Ave)-IL

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar Tree		10/18/2033

Public Transportation

Commuter Rail	Drive	Walk	Distance
111th Street Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	12 min	0.6 mi
107th Street Station (Rock Island Line) (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra))	3 min	18 min	0.9 mi
Transit/Subway	Drive	Walk	Distance
111th Street Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	12 min	0.6 mi
107th Street Station (Rock Island Line) (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra))	3 min	18 min	0.9 mi
Morgan Park - 115th Street Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Chicago Midway International	19 min	-	10.7 mi
Chicago O'Hare International	49 min	-	34.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes