1633 95Th St Chicago, IL 60643

This exceptional investment opportunity presents a fee-simple Walgreens located at 1633 W 95th St, Chicago, IL 60643. The 13,833 square foot property, built in 1997 on a 1.4-acre lot, boasts a strong 7.25% cap rate and a Net Net lease with a remaining term of 3.8 years, plus six, 5-year options. The property benefits from a Walgreens corporate guaranty and enjoys a 100% occupancy rate, generating a net operating income (NOI) of $305,000. The asking price is $4,207,000, translating to a price per square foot of $304.13. This location is exceptionally well-performing, ranking in the top 1% nationally and top 2% in Illinois for Walgreens stores based on customer visits. Annual sales are reported at $4,271,561, resulting in a low rent-to-sales ratio of 7.14%. Situated in a dense, infill South Side Chicago location, the property benefits from a strong demographic profile, including a population of 210,000 within a 3-mile radius and an average household income of $119,000. The property's hard corner location with signalized access ensures high visibility and accessibility. This is a rare opportunity to acquire a top-performing Walgreens in a prime Chicago location. The property is suitable for a 1031 exchange.