87th & Ashland Walgreens

Type:

Commercial Development

Status:

Completed in 2003

Budget:

$3,000,000

Financial Sources:

Conventional Construction Loan / Bank of America
Developer Equity


Located southwest of downtown Chicago in the North Beverly neighborhood, this store includes parking spaces for up to 50 cars and a Drive-Thru Pharmacy. The total building area is 15,250 square feet. This store reflects a more upscale masonry design than the boilerplate designs that are standard throughout the United States. The site required extensive environmental remediation and utility relocation including a major fiber optic data line owned by Comcast. The Walgreens is part of a larger redevelopment project that includes an adjacent 72 unit senior building known as Auburn Commons.