Your email has been sent.
Walgreens 833-837 W 115th St 14,820 SF of Retail Space Available in Chicago, IL 60643
SUBLEASE HIGHLIGHTS
- Free-standing retail building in Aldi-anchored center
- Excellent visibility at Halsted & 115th intersection
- Sublease term available through April 2031
- Drive-thru lane and prominent pylon signage
- 128 surface parking spaces for customer convenience
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,820 SF | May 2031 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Entire building, includes drive-thru lane, available now through 4/30/31
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT WALGREENS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Walgreens
- Drug Store
- 9,251
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Walgreens | Drug Store | 9,251 | International |
PROPERTY FACTS
| Total Space Available | 14,820 SF | Gross Leasable Area | 14,820 SF |
| Property Type | Retail | Total Land Area | 2.77 AC |
| Property Subtype | Drug Store | Year Built | 2006 |
| Total Space Available | 14,820 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 14,820 SF |
| Total Land Area | 2.77 AC |
| Year Built | 2006 |
ABOUT THE PROPERTY
This prime retail opportunity at 833 W 115th Street offers exceptional positioning in Chicago’s West Pullman neighborhood, a vibrant community with strong residential density and growing retail demand. The property is a modern, free-standing building constructed in 2006, featuring a drive-thru lane and prominent pylon signage for maximum exposure. Located just off Halsted Street and 115th Street, the site benefits from high traffic counts and easy accessibility, making it ideal for quick-service restaurants, financial institutions, or other retail concepts seeking a strategic South Side presence. The building sits as an outlot to a thriving Aldi-anchored shopping center, ensuring steady foot traffic and synergy with established national brands. With 128 surface parking spaces and a sublease term extending through April 2031, this property offers long-term stability and operational flexibility. Surrounding amenities include major retailers, fitness centers, and dining options, reinforcing the area’s appeal to both local residents and daytime populations. This is a rare chance to secure a well-positioned retail asset in a dynamic Chicago corridor.
- Pylon Sign
- Drive Thru
Presented by
Walgreens | 833-837 W 115th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.