Retail Property with Long-Term
1614 W 47th St Chicago, IL
For Sale
Contact for pricing
Retail property with a long-term lease and option periods.
Property Size13,891 SF
Lot Size0.92 Acres
Days on Market359
Property Features for 1614 W 47th St
General Information
- Standard status
- Active
- Size
- 13,891 SF
- Lot size
- 0.92 Acres
- Property subtype
- RETAIL
Listing Agency:
SRS Real Estate Partners | Chicago
(312) 972-7978
Listed By:
Dan Elliot · License #CA 01732226
(312) 972-7978
Source:
Moodyscre
Added: Aug 1, 2025
Changed: Jul 6
Last Checked: Jul 22 at 3:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | Chicago
Investment Insights
Based on property information with market context.
This retail property features a lease with over 13 years remaining, along with 12 (5-year) option periods for extension. The lease is corporate signed by Walgreen Co. The property includes 5% rental increases every 5 years and at the beginning of each option period.
Key Highlights
- Corporate lease signed by Walgreen Co.
- Over 13 years remaining on the lease.
- 12 (5‑year) option periods to extend the lease.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Walgreens Pharmacy
Pharmacy
Redbox
Cinema
Citibank ATM
Atm
Walgreens
Pharmacy
Similar Off Market Nearby
- Walgreens Pharmacy — 1614 W 47th St, Chicago, IL 60609
- Rossy's Botanica — 4712 S Honore St, Chicago, IL 60609
- 47th Street Pharmacy — 1837 w 47th st, chicago, il 60609
- Pablo Calderon — 1614 W 47th St, Chicago, IL 606093245
- LaTanya Y. Mason, PharmD — 1614 W 47th St, Chicago, IL 60609
FAQs
What type of property is this?
Drug store - Retail property with a long-term lease and option periods.
Where is this drug store located?
The property is located at 1614 W 47th St Chicago, IL.
What are key features of this property?
This property features: Corporate lease signed by Walgreen Co.; Over 13 years remaining on the lease.; 12 (5‑year) option periods to extend the lease.
