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39023 N Green Bay Rd Beach Park, IL 60099

For Sale
$3,870,968

NNN leased Walgreens in Chicago MSA with recent lease extension.

Property size:
14,547 SF
Lot size:
2.02 Acres

Property Features for 39023 N Green Bay Rd

General Information

Size
14,547 SF
Lot size
2.02 Acres

Source: The Boulder Group - Corporate Agent Randy Blankstein

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Walgreens NNN Lease Opportunity

This property is positioned within the Chicago MSA, ranked #3 in the United States for population size. The property has an established operating history since 2005. The location benefits from its position on a signalized hard corner along Green Bay Road and Wadsworth Road, with a combined traffic count of 27,700 vehicles per day. It is also in proximity to Route 41 (31,700 VPD) and Interstate 94 (66,800 VPD). The property is adjacent to Waukegan National Airport. The surrounding area has a dense population, with over 127,000 people living within a five-mile radius. The average household income within one mile is $113,848. The property is minutes from Illinois State Beach Park, which attracts 1.25 million annual visitors. The property is suitable for retail and NNN investment. Walgreens is ranked #27 on the Fortune 500 list for total Revenue (2024). A recent lease extension through March 2034 demonstrates commitment. The NNN lease structure means there are no landlord responsibilities. There is limited drug store competition in the area. The property size is 14,547 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Carol Comstock, RPH Pharmacy Skincare Solutions Store Skin Care Clinic Walgreens Drug Store COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Pharmacy Pharmacy

Suggested Use

Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Pharmacy Auto Parts Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Carol Comstock, RPH, COVID-19 Drive-Thru Testing at Walgreens, Walgreens Pharmacy, Cheryl Tersip

Location Insight

  • Map
  • Local Demand
City
Beach Park
County
Lake
State
Illinois
Longitude
-87.8757799
Latitude
42.4290164

FAQs

What type of property is this?
Drug store - NNN leased Walgreens in Chicago MSA with recent lease extension.
Where is this drug store located?
The property is located at 39023 N Green Bay Rd Beach Park, IL.
What is the asking price?
The asking price for this property is $3,870,968.
What are key features of this property?
This property features: - Recent lease extension through March 2034 demonstrates commitment.; - NNN lease structure - no landlord responsibilities.; - Located on a signalized hard corner along Green Bay Road & Wadsworth Road (27,700 VPD).
More about this property
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