4777 N. Milwaukee Avenue Listing Details & Market Data

Former CVS available for sale and lease at 4777 N. Milwaukee Avenue on Chicago's northwest side. Submerged in Chicago's Portage Park neighborhood, the property is situated at the SEC corner of Lawrence Avenue & Milwaukee Avenue which features an average daily traffic count of ~23,000 VPD. The Property is approximately 10 miles north from Chicago's Loop and six (6) miles south from O'Hare International Airport as well as being one (1) block west of the Kennedy Expressway (I-90/I-94). Additionally, the property is a quarter mile south of the Jefferson Park Metra Station providing commuters direct access to Chicago and surrounding communities. In the immediate area, the offering finds itself part of Portage Park's commercial corridor which is filled with a variety of retailers, medical users as well as being across the street from Copernicus Center, which host local events throughout the year. Some of the noticeable retailers include: Jewel Osco, Starbucks, North Shore Immediate Care, 7-Eleven, McDonald's, Popeye's among several others.10,880 SF freestanding building on a ground lease to CVS Pharmacy (Dark) in Chicago's Portage Park neighborhood. Located on Chicago's northwest side, the property finds itself at the southeast corner of the signalized intersection of Milwaukee Avenue and Lawrence Avenue, two (2) blocks west of the Kennedy Expressway (I-90/I-94). The property is located 10-miles north of Chicago's Central Business District and six (6) miles southeast of O'Hare International Airport. The investment grade Tenant, CVS Pharmacy, has occupied the property since December 2003 and has term through January 2026. The property produces a NOI of approximately $324,760. The property includes a freestanding building with drive-thru access, 38-surface level parking spaces, and pylon signage at the signalized intersection featuring visibility and exposure to ~23,000 VPD. The property is well located near the Jefferson Park Metra Station (.25 miles north) and the Kennedy Expressway, and is part of Portage Park's primary commercial corridor surrounded by retailers, service oriented businesses, and the Copernicus Center, which hosts local events throughout the year. Neighboring retailers include Jewel Osco, Target, Mariano's. Marshalls, Walgreen's, Ross Dress For Less, PetSmart, Starbucks, Dollar Tree, North Shore Immediate Care, Chipotle, McDonald's, Popeye's among several others.Up to 10,880 SF available for lease at the SE corner of the Lawrence Avenue & Milwaukee Avenue signalized intersection on Chicago's northwest side. Located in Chicago's Portage Park neighborhood, the former CVS Pharmacy offers a rare opportunity for a variety of retail, medical and service oriented businesses to pursue a freestanding building that features a spacious interior, 18-foot ceilings, pylon signage at the signalized intersection (~23,000 VPD) , a drive-thru and 38-parking spaces on-site. The Property was previously occupied by CVS Pharmacy, who has term through January 2026, giving prospective Tenant's an opportunity to sublease a freestanding property conveniently located two blocks west of the Kennedy Expressway (I-90/I-94). The property is well located in one of Portage Park's primary commercial corridors, surrounded by a variety of retail, and service oriented businesses as well as the Copernicus Center, which host local events throughout the calendar year. Additionally, the property offers convenient accessibility being .25-miles south of the Jefferson Park Metra, which provides direct access to downtown Chicago and O'Hare International Airport. Noticeable retailers nearby: Jewel Osco, Starbucks, North Shore Immediate Care, McDonald's, Popeye's among several others.