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Freestanding Walgreens Drug Store Portfolio
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901 W Touhy Ave, Park Ridge, IL 60068

Six freestanding pharmacy properties with drive-thru service, parking, and signalized-intersection access across three states.

Property Size87,136 SF
Lot Size10.39 Acres
Price / SF$86.07
Days on Market14

Property Features for 901 W Touhy Ave

General Information

Standard status Active
Size 87,136 SF
Lot size 10.39 Acres
Property subtype Retail

Site & Location

Corner Location Yes
Drive-Thru Yes
Road Access Yes

Additional Details

Gross Income $1,990,000

Building Details

Buildings 6
Listing Agency: Colliers - Royal Oak/Detroit, Michigan
Listed By: Matt Terrace · License #MI 6501355111
Source: Crexi
Added: Aug 25 Changed: Sep 5 Last Checked: Sep 6 at 8:06PM

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 Colliers - Royal Oak/Detroit, Michigan

Investment Insights

Based on property information with market context.

This six-property Walgreens portfolio includes freestanding drug stores totaling 87,136 square feet on 10.39 acres. Each location includes a drive-thru, pharmacy, and ample parking. The properties occupy hard-corner locations or sites adjacent to hard corners at signalized intersections, providing multiple points of ingress and egress. Walgreens has operated at each location since 2002.

The assets are distributed across Arizona, Illinois, and Texas, including the Chicago, Dallas, Houston, and Phoenix metropolitan areas. Five-mile population counts range from 135,000 to 400,000 residents across the properties. Each asset is subject to an Absolute Net lease with an expiration in 2077, and the leases remain in force through 1/31/2032 following the applicable termination-option notice deadline.

Key Highlights

  • Six freestanding Walgreens locations across Arizona, Illinois, and Texas
  • 87,136 square feet across 10.39 acres
  • Drive‑thru, pharmacy, and ample parking at each property

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Citibank ATM Atm Peggy P. Riley, ... Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy Linda A. Olen, RPh Pharmacy

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Garden Center Food Market

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,637
Businesses Nearby
168k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 45% Shops & Services 43% Dining 8% Beauty & Spa 2%
Jewel-Osco Groceries
39,592 visits/mo 0.3 miles
Trader Joe's Groceries
36,431 visits/mo 0.3 miles
BP Shops & Services
16,786 visits/mo 0.2 miles
Chase Bank Shops & Services
16,191 visits/mo 0.5 miles
Thorntons Shops & Services
11,614 visits/mo 0.1 miles

Demographics for 60068, IL

39,672
Population
15,999
Households
2.5
Avg Household Size
44
Median Age
65%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,435
Density / Sq Mi
$138,201
Median Household Income
$78,495
Median Earnings
$1,511
Median Rent
$539,700
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

  • Peggy P. Riley, RPh 901 W Touhy Ave, Park Ridge, IL 60068
  • Linda A. Olen, RPh 901 W Touhy Ave, Park Ridge, IL 60068
  • COVID-19 Drive-Thru Testing at Walgreens 901 W Touhy Ave, Park Ridge, IL 60068
  • Walgreens Pharmacy 901 W Touhy Ave, Park Ridge, IL 60068
  • Uptown Med Spa 36 Main St 103 104, Park Ridge, IL 60068

Frequently Asked Questions

What type of property is this?
Drug store - Six freestanding pharmacy properties with drive-thru service, parking, and signalized-intersection access across three states.
Where is this drug store located?
The property is located at 901 W Touhy Ave Park Ridge, IL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Six freestanding Walgreens locations across Arizona, Illinois, and Texas; 87,136 square feet across 10.39 acres; Drive‑thru, pharmacy, and ample parking at each property
More about this property
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