Stabilized, income-producing two-tenant retail investment located in the highly sought-after South Loop / Central Business District of Chicago. This 5,293 SF property is fully leased through August 2028, offering immediate, reliable cash flow with a strong 7.52 cap rate. The asset features two established, long-tenured tenants, providing consistent and durable income. Tenant tax stops at 2022 / 2023 base years pass through all Cook County property tax increases, structurally capping landlord exposure at approximately $29,520 annually through the lease term-creating a highly predictable, low-risk investment profile. Strategically positioned along the high-traffic Roosevelt Road corridor, the property benefits from strong visibility, dense population, and proximity to major employment and transit hubs within the South Loop. In addition to stable in-place income, the property offers long-term upside with DS-3 zoning on a 7,053 SF lot, allowing for a hold-and-build strategy and future redevelopment potential. Ideal for investors seeking passive income, expense protection, and long-term growth in one of Chicago’s most dynamic urban submarkets.
Property Details
Price:
$1,095,000
MLS #:
MRD12635126
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Neighborhood Storefront
Neighborhood:
chinearwestside
Listed Date:
Apr 30, 2026
Total Sq Ft:
5,293
Year Built:
1958
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2024
Taxes
$33,200
Map
Community
- Address620 W Roosevelt Road Chicago IL
- CityChicago
- CountyCook
- Zip Code60607
Market Summary
Current real estate data for Commercial in Chicago as of May 15, 2026
897
Commercial Listed
190
Avg DOM
$1,025,112
Avg List Price
Property Summary
- 620 W Roosevelt Road Chicago IL is a Commercial for sale in Chicago, IL, 60607. It is listed for $1,095,000
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Copyright 2026. All rights reserved.
620 W Roosevelt Road
Chicago, IL


