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    12854 S Ashland Ave Calumet Park, IL 60620

    For Sale
    $4,225,000

    NNN lease with 11.5+ years remaining in Calumet Park.

    Property size:
    14,490 SF
    Lot size:
    1.32 Acres

    Property Features for 12854 S Ashland Ave

    General Information

    Size
    14,490 SF
    Lot size
    1.32 Acres

    Source: STREAM Capital Partners Agent Connor Shell

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

    Overview

    Calumet Park Walgreens For Sale

    This property features an absolute NNN lease with over 11.5 years remaining. The lease includes 5% rental increases every 5 years throughout the base term. Walgreens is S&P Rated BBB-. The property is located in a densely populated submarket with over 126,000 residents within a 3-mile radius. It is positioned near the exit of Interstate 57, which has a traffic count of 102,000 vehicles per day. Neighboring retailers include Planet Fitness, Aldi, and Advanced Auto, among others. The property size is 14,490 square feet and is located at 12854 S Ashland Ave, Calumet Park, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Drug Store Coinhub Bitcoin ATM ... Atm Tiajuana Dixon Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    COVID-19 Drive-Thru Testing at Walgreens, Tiajuana Dixon, Dawn Rush, Adonis Ducre, Walgreens Pharmacy

    Location Insight

    • Map
    • Local Demand
    City
    Calumet Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.6613892
    Latitude
    41.6589215

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    FAQs

    What type of property is this?
    Drug store - NNN lease with 11.5+ years remaining in Calumet Park.
    Where is this drug store located?
    The property is located at 12854 S Ashland Ave Calumet Park, IL.
    What is the asking price?
    The asking price for this property is $4,225,000.
    What are key features of this property?
    This property features: - Long term commitment: Absolute NNN lease with 11.5+ years remaining.; - Investment grade credit: Walgreens is S&P Rated BBB- providing long-term security.; - Highly populated submarket: Located in a dense market with a population of over 126,000 within a 3-mile radius.
    (312) 899-6664
    Request Owner's contact information
    12854 S Ashland Ave Calumet Park, IL 60620
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    Calumet Park, IL 60620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12854 S Ashland Ave Calumet Park, IL 60620
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