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Drive-Through Retail Space
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650 W 63RD ST, Chicago, IL 60637

Vacant former Walgreens retail space available immediately with drive-thru capability in an established retail corridor.

Days on Market98

Property Features for 650 W 63RD ST

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2007
Listing Agency: Infiniti Properties Inc
Listed By: Ned Malley · License #IL 471007341
Source: Crexi
Added: Apr 27 Changed: Jul 20 Last Checked: Aug 1 at 2:28PM

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 Infiniti Properties Inc

Investment Insights

Based on property information with market context.

Vacant retail space formerly operating as a Walgreens, now available for lease. The offering includes approximately 15,120 square feet of retail space with drive-thru capability, suited to a range of retail and service uses.

Located at 650 W 63rd St in Chicago, the space sits within an established retail corridor. The property is available immediately.

Key Highlights

  • Vacant former Walgreens retail space available immediately
  • 15,120 sq ft of retail space
  • Drive‑thru capability

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Walgreens Pharmacy FedEx OnSite Postal Service Ijeoma Onyeobia Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Dental Office

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

NNN (Triple Net)
Lease Type
$2.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size

This space is priced 23% below the average of $25.71 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Vacant former Walgreens retail space available immediately with drive-thru capability in an established retail corridor.
Where is this retail space located?
The property is located at 650 W 63RD ST Chicago, IL.
What is the lease rate?
The lease rate is $19.84 SF/Yr.
What are key features of this property?
This property features: Vacant former Walgreens retail space available immediately; 15,120 sq ft of retail space; Drive‑thru capability
(708) 859-7846 Call to check price and availability
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