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CVS/Pharmacy NNN Property
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1620 W 59th St, Chicago, IL 60636

Dark pharmacy asset backed by an absolute NNN ground lease with no landlord obligations.

Property SizeContact for details
Days on Market145

Property Features for 1620 W 59th St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Kase Abusharkh · License #TX 708586
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:10AM

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 The Kase Group

Investment Insights

Based on property information with market context.

This dark CVS/Pharmacy property is subject to an absolute NNN ground lease, with the lease structure assigning zero landlord obligations. The agreement provides a flat lease schedule and includes four five-year renewal options.

The property is located at 1620 W 59th St in Chicago, Illinois, along a major commercial thoroughfare. Nearby retail operators include Family Dollar and Dunkin’ Donuts, placing the asset within an established commercial setting.

Key Highlights

  • Absolute NNN ground lease with zero landlord obligations
  • Flat lease structure with four five‑year renewal options
  • Dark CVS/Pharmacy property

Property Analytics

Current Use

Metro Patrol Solutions ... Security Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

787
Businesses Nearby

Demographics for 60636, IL

34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Dark pharmacy asset backed by an absolute NNN ground lease with no landlord obligations.
Where is this nnn property located?
The property is located at 1620 W 59th St Chicago, IL.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord obligations; Flat lease structure with four five‑year renewal options; Dark CVS/Pharmacy property
(925) 348-1844 Call to check price and availability
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