$5,960,000 USD
312-994-5796
622-632 W Roosevelt Rd
Chicago, IL 60607
South Loop
HIGHLIGHTS
- 632 W. Roosevelt has been leased to a long-term national nonprofit with excellent credit
- 622 W. Roosevelt 1st Floor and LL has been leased to a national dispensary
- 622 W. Roosevelt has undergone a complete renovation
- On-site parking behind building
- Located in DS-3 Downtown Service District enterprise zone, no transfer tax upon sale
- 100’ from Dan Ryan Expressway (I-90/94)
OVERVIEW
17,232 RSF of office and retail space located in South Loop, surrounded by diverse retailers with easy access to I-90 and public transportation. 67% occupied with long-term leases in place with excellent credit tenants. 622 and 632 W. Roosevelt can be purchased together or separately. 622 W Roosevelt is priced at $3,830,000. 632 W Roosevelt is priced at $2,130,000.
FOR SALE DETAILS
PRICE
$5,960,000 USD
PRICE/SF
$305 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Roosevelt Office Lofts and Retail Shops
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Storefront, Loft/Creative Space, Medical
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1904
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.33 AC
LAND SF
14,195 SF
ZONING
DS-3
APN/PARCEL ID
17-16-331-029-0000,17-16-331-030-0000
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312-994-5796
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312-994-5796
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