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Walgreens Drug Store
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5730 Dempster St, Morton Grove, IL 60053

Retail property in Morton Grove, Illinois, constructed in 2001.

Property SizeContact for details
Days on Market170

Property Features for 5730 Dempster St

General Information

Standard status Active
Class A
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $375,435

Additional Details

Cap Rate 10.25%

Building Details

Year Built 2001
Tenancy Single
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Mohsin Mirza · License #IL 475.189943
Source: Crexi
Added: Mar 17 Changed: Aug 31 Last Checked: Sep 1 at 10:25AM

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 JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

This Walgreens retail property occupies an established commercial site at 5730 Dempster St in Morton Grove, Illinois. The building was completed in 2001 and is identified as a drug store within the retail property category.

The offering carries a 10.25% cap rate and is located in the Chicago suburban market. Its existing Walgreens identity provides a clear retail-use profile for evaluating the property.

Key Highlights

  • Walgreens drug store in Morton Grove, IL
  • 10.25% cap rate
  • Building constructed in 2001

Property Analytics

Current Use

Walgreens Pharmacy Walgreens Pharmacy Pharmacy Daniela Buhai, PharmD Pharmacy FedEx OnSite Postal Service Walgreens Photo (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store Spa & Massage Center Cafe & Coffee Shop Storage Facility

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

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 65% Dining 35%
Shell Shops & Services
11,246 visits/mo 0.2 miles
BP Shops & Services
9,441 visits/mo 0.1 miles
Giordano's Dining
5,848 visits/mo 0.3 miles
Dunkin' Donuts Dining
2,987 visits/mo 0.2 miles
Pizza Hut Dining
2,927 visits/mo 0.1 miles

Demographics for 60053, IL

25,297
Population
9,546
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
90%
High-School Grad
5.1 sq mi
ZIP Area
4,960
Density / Sq Mi
$106,078
Median Household Income
$61,315
Median Earnings
$2,210
Median Rent
$377,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Walgreens Pharmacy 5730 Dempster St, Morton Grove, IL 60053
  • Daniela Buhai, PharmD 5730 Dempster St, Morton Grove, IL 60053, United States
  • Malvika Y. Patel, RPH 5730 Dempster St, Morton Grove, IL 60053
  • COVID-19 Drive-Thru Testing at Walgreens 5730 Dempster St, Morton Grove, IL 60053
  • Yunji Do 5730 Dempster St, Morton Grove, IL 600533042

Frequently Asked Questions

What type of property is this?
Drug store - Retail property in Morton Grove, Illinois, constructed in 2001.
Where is this drug store located?
The property is located at 5730 Dempster St Morton Grove, IL.
What is the asking price?
The asking price for this property is $3,660,000.
What are key features of this property?
This property features: Walgreens drug store in Morton Grove, IL; 10.25% cap rate; Building constructed in 2001
(312) 782-5800 Call to check price and availability
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