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1210 Elgin Ave Forest Park, IL 60432

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For Sale
$5,027,262

NNN leased Walgreens with rental increases in Forest Park, Illinois.

Property size:
12,209 SF
Lot size:
0.97 Acres

Property Features for 1210 Elgin Ave

General Information

Size
12,209 SF
Lot size
0.97 Acres

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Listing Contact
Glen Kunofsky
Source: Moodyscre

Listing Agent: Glen Kunofsky

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

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Overview

Forest Park Walgreens For Sale

The property is a Walgreens located at 7200 Roosevelt Road, Forest Park, Illinois. It features approximately 12209 rentable square feet of building space on an estimated 0.89-acre parcel of land. The property is subject to a 15-year Triple Net (NNN) lease, which commenced 2/23/2023. The current annual rent is $326,772, with scheduled increases of 5.00% every five years.
Location Intelligence

Current Use by Public Records

Drug stores

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

Walgreens Pharmacy, Alethea S. Little, PharmD, William Lach, RPH, Walmart Pharmacy, CVS

Location Insight

  • Map
  • Local Demand
City
Forest Park
County
Will
State
Illinois
Longitude
-88.0521597
Latitude
41.5336461

FAQs

What type of property is this?
Drug store - NNN leased Walgreens with rental increases in Forest Park, Illinois.
Where is this drug store located?
The property is located at 1210 Elgin Ave Forest Park, IL.
What is the asking price?
The asking price for this property is $5,027,262.
What are key features of this property?
This property features: - Brand new 15-year Triple Net (NNN) lease commenced 2/23/2023.; - Current annual rent is $326,772.; - Scheduled rent increases of 5.00% every 5 years.
More about this property
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