Single-Tenant Cannabis Dispensary
For Sale
Contact for pricing
Pending
1850 W Webster Ave, Chicago, IL 60614
Freestanding facility with dedicated parking and an approved City of Chicago highway sign.
Property SizeContact for details
Days on Market141
Property Features for 1850 W Webster Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 9:13PM
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 Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant cannabis property includes an approximately 9,000 SF building on 1.2 acres, with 45 parking spaces and an approved City of Chicago highway sign. Green Thumb Industries is preparing the facility for adult cannabis dispensary use at the former vehicle emissions site.
The property is positioned along the Kennedy Expressway (I-94) near the Webster and Damen on/off ramps, with service coverage extending across Lincoln Park, Bucktown, and Logan Square. The lease has a 10-year/6-month primary term, 2% annual rental escalations, and two 5-year renewal options. A GTI domestic corporate entity provides the lease guarantee.
The property is positioned along the Kennedy Expressway (I-94) near the Webster and Damen on/off ramps, with service coverage extending across Lincoln Park, Bucktown, and Logan Square. The lease has a 10-year/6-month primary term, 2% annual rental escalations, and two 5-year renewal options. A GTI domestic corporate entity provides the lease guarantee.
Key Highlights
- Approximately 9,000 SF building on 1.2 acres
- 45 parking spaces and an approved City of Chicago highway sign
- Located on I‑94 near the Webster and Damen on/off ramps
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,834
Businesses Nearby
648k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Shops & Services 18%
Apparel 18%
Groceries 16%
Kohl's
Apparel
73,373 visits/mo
0.1 miles
Jewel-Osco
Groceries
60,100 visits/mo
0.4 miles
Chick-fil-A
Dining
55,740 visits/mo
0.3 miles
Mariano's
Groceries
43,130 visits/mo
0.2 miles
Best Buy
Electronics
35,454 visits/mo
0.3 miles
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Cannabis property - Freestanding facility with dedicated parking and an approved City of Chicago highway sign.
Where is this cannabis property located?
The property is located at 1850 W Webster Ave Chicago, IL.
What are key features of this property?
This property features: Approximately 9,000 SF building on 1.2 acres; 45 parking spaces and an approved City of Chicago highway sign; Located on I‑94 near the Webster and Damen on/off ramps
