Net Leased Walgreens Retail
For Sale
Contact for pricing
Pending
7109 S Jeffery Blvd, Chicago, IL 60649
Single-tenant Walgreens property on a signalized corner with triple-net terms and a lease extending beyond 2031.
Property Size17,500 SF
Days on Market148
Property Features for 7109 S Jeffery Blvd
General Information
Standard status
Pending
Size
17,500 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
24,700 vehicles/day
Building Details
Year Built
2006
Tenancy
Single
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #IL 471005983
(847) 562-0003
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 1 at 2:53AM
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 Walgreens property is offered for sale on a triple-net basis with zero landlord responsibilities. The tenant has operated at the location since 1983. In 2006, Walgreens demolished the previous building and replaced it with a modern prototype.
The building is positioned on a signalized hard corner at S Jeffery Avenue and E 71st St. It is also located within Jeffery Plaza Shopping Mall, with other retailers including Local Market Foods (Shop & Save), Chase Bank, Subway, Domino’s Pizza, H&R Block, and Villa Shoes. The Bryn Mawr station in the Metra Electric District is across the street.
The Walgreens lease has over 10 years remaining on the primary term, with the lease expiring on March 6, 2031 and ten 5-year renewal options.
The building is positioned on a signalized hard corner at S Jeffery Avenue and E 71st St. It is also located within Jeffery Plaza Shopping Mall, with other retailers including Local Market Foods (Shop & Save), Chase Bank, Subway, Domino’s Pizza, H&R Block, and Villa Shoes. The Bryn Mawr station in the Metra Electric District is across the street.
The Walgreens lease has over 10 years remaining on the primary term, with the lease expiring on March 6, 2031 and ten 5-year renewal options.
Key Highlights
- Single‑tenant net leased Walgreens property in Chicago, IL, with lease extending beyond 2031
- Triple‑net lease with zero landlord responsibilities; over 10 years remaining on the primary term and ten 5‑year renewal options
- Lease expires March 6, 2031 with ten additional 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
24,700 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,600
Businesses Nearby
41k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Electronics 15%
Apparel 8%
Home Improvements & Furnishings 7%
Family Dollar
Shops & Services
9,579 visits/mo
0.1 miles
Exxon
Shops & Services
6,982 visits/mo
0.4 miles
Boost Mobile
Electronics
3,937 visits/mo
0.1 miles
Chase Bank
Shops & Services
3,829 visits/mo
0.1 miles
U-Haul
Shops & Services
3,557 visits/mo
0.5 miles
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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- Tirrell Livingston — 7544 S Stony Is Ave, Chicago, IL 606493926
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Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens property on a signalized corner with triple-net terms and a lease extending beyond 2031.
Where is this drug store located?
The property is located at 7109 S Jeffery Blvd Chicago, IL.
What are key features of this property?
This property features: Single‑tenant net leased Walgreens property in Chicago, IL, with lease extending beyond 2031; Triple‑net lease with zero landlord responsibilities; over 10 years remaining on the primary term and ten 5‑year renewal options; Lease expires March 6, 2031 with ten additional 5‑year renewal options
