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NNN Walgreens Retail Corner
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757 North Orleans Street, Chicago, IL 60654

Walgreens pays annual base rent and covers a majority of CAM, taxes, and insurance on an NNN basis.

Property Size11,335 SF
Days on Market277

Property Features for 757 North Orleans Street

General Information

Standard status Active
Size 11,335 SF
Property subtype RETAIL
Listing Agency: Northmarq | Chicago (East Wacker Dr)
Listed By: Blaise Bennett · License #471019332
Source: Moodyscre
Added: Oct 27, 2025 Changed: Jul 26 Last Checked: Jul 30 at 8:26AM

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 Northmarq | Chicago (East Wacker Dr)

Investment Insights

Based on property information with market context.

This NNN Walgreens retail property is offered as a value-add opportunity with a Walgreens buy-out and redevelopment scenario. The current arrangement includes Walgreens paying annual base rent while covering a majority of CAM, taxes, and insurance during re-tenant.

Located at 757 North Orleans Street in Chicago, the site is described as a core, urban infill corner position in the River North Gallery District at the corner of Chicago and Orleans.

The property is identified in the available materials as a specialty retail/drug store and is presented as an “Other NNN property” within the commercial real estate category.

Key Highlights

  • Corner River North Gallery District location at Chicago and Orleans
  • Walgreens pays annual base rent
  • Walgreens covers a majority of CAM/taxes/insurance on an NNN basis

Property Analytics

Current Use

Go All In Agency Training Center Bank of America ATM Atm Teleinx Telecommunications Service TempHomes Chicago Real Estate Agency Content Blaze Advertising Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Nursing Home Buffet Butcher Adult Day Care

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

14,371
Businesses Nearby
317k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 71% Hotels & Casinos 14% Shops & Services 9% Groceries 6%
McDonald's Dining
65,567 visits/mo 0.3 miles
McDonald's Dining
52,443 visits/mo 0.5 miles
Fogo de Chao Dining
28,749 visits/mo 0.2 miles
Hyatt Place Chicago/River North Hotels & Casinos
22,052 visits/mo 0.4 miles
Binny's Beverage Depot Groceries
18,399 visits/mo 0.3 miles

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Drug store - Walgreens pays annual base rent and covers a majority of CAM, taxes, and insurance on an NNN basis.
Where is this drug store located?
The property is located at 757 North Orleans Street Chicago, IL.
What are key features of this property?
This property features: Corner River North Gallery District location at Chicago and Orleans; Walgreens pays annual base rent; Walgreens covers a majority of CAM/taxes/insurance on an NNN basis
(312) 777-2437 Call to check price and availability
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