CVS | 4777 N Milwaukee Ave

This 10,880-square-foot freestanding building, ground-leased to CVS Pharmacy (dark), is located in Chicago’s Portage Park neighborhood at the southeast corner of Milwaukee Avenue and Lawrence Avenue, just two blocks west of the Kennedy Expressway (I-90/I-94). Positioned 10 miles north of downtown Chicago and six miles southeast of O’Hare International Airport, the property has been leased to CVS since December 2003, with a lease term running through January 2026. The site generates a net operating income (NOI) of approximately $324,760 and features a freestanding building with drive-thru access, 38 surface parking spaces, and pylon signage offering visibility to roughly 23,000 vehicles per day. Located just a quarter mile from the Jefferson Park Metra station and adjacent to Portage Park’s primary commercial corridor, the property is surrounded by a strong mix of retailers and community destinations, including Jewel-Osco, Target, Mariano’s, Marshalls, Walgreens, Ross Dress for Less, PetSmart, Starbucks, Dollar Tree, Chipotle, McDonald’s, Popeyes, and the Copernicus Center, a major local event venue.