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$1,095,000
3 Days On Site

620 W Roosevelt Road
Chicago, IL 60607

For Sale|Retail|Active
0
Beds
0
Total Baths
5,293
SqFt
$207
/SqFt
1958
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate
Call Now: 312-767-7744
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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.

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Listing Snapshot
Price 
$1,095,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,293 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1958
MLS® Number 
12635126
Status 
Active
Property Tax 
$33,200
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Number Of Stories 
1
Property Sub Type 
Retail
SqFt Total 
5293
Zoning 
OTHER
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Community Features
MLS Area 
CHI - Near West Side
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate



Based on information submitted to the MLS GRID as of 2026-05-04 04:55 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-04 04:55 AM UTC
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Source: Walkscore
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