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Walgreens began in 1901, with a small food front store on the corner of Bowen and Cottage Grove Avenues in Chicago, owned by Dixon, Illinois native Charles R. Walgreen. [6] By 1913, Walgreens had grown to four stores on Chicago's South Side. It opened its fifth in 1915 and four more in 1916. By 1919, there were 20 stores in the chain.
In early 2006, the lower floors were occupied by a pop-up store operated by J. C. Penney and known as The J C. Penney Experience. [169] [170] The pharmacy chain Walgreens leased the entire building in 2007, [171] [172] paying $4 million yearly. The chain had previously operated a store in the building for four decades until 1970. [156]
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