7109 Jeffery Blvd Chicago, IL 60649

This exceptional investment opportunity presents a 17,500 square foot Walgreens, situated on a 0.725-acre lot in a prime Chicago location at 7109 S Jeffery Blvd, 60649. The property boasts a strong 7.15% cap rate and a substantial NOI of $303,271. Built in 2006, this two-story building is situated on a signalized hard corner with high visibility (24,700 vehicles per day) along South Jeffery Boulevard. The absolute NNN ground lease with Walgreens, a Fortune 500 company, extends to March 6, 2031, with ten 5-year renewal options, ensuring long-term stability and minimal landlord responsibilities. The property is an outparcel within a grocery-anchored shopping center, benefiting from co-tenancy with established businesses such as Local Market Foods (Shop & Save), Chase Bank, Domino's Pizza, DTLR, Subway, and Rent-A-Center, among others. The location enjoys excellent demographics, with over 451,000 people residing within a five-mile radius and an average household income exceeding $64,127. The property's proximity to the Bryn Mawr Metra station further enhances its accessibility and appeal. The asking price is $4,241,552, representing a price per square foot of $242.37. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with a blue-chip tenant in a thriving Chicago market.