620 W Roosevelt Road Chicago, IL $ 1,095,000
620 W Roosevelt Road
$ 1,095,000
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620 W Roosevelt Road

Chicago, IL, 60607
$ 1,095,000
Bedrooms-- Baths-- Sq 5,293

Monthly Estimate*

$ 6,742

620 W Roosevelt Road, Chicago, IL 60607 - Image 1

Commercial Property for sale in Chicago, IL

for $1,095,000. This 5,293 square foot building was built in 1958 on a lot size of 0.129132.

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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Commercial Active

Price

$ 1,095,000

Property Type

Commercial

Taxes

$ 33,200

Style

Lot Size

0.129132

Year Built

1958

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12635126

Features
General
Cooling Central Air
Zoning OTHER
Year Built 1958
Electric Circuit Breakers
Stories Count 1
Property Subtype Neighborhood Storefront
Tax Year 2024
Gross Income 120981
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 82337
Operating Expense 38644
Property Type Commercial Sale Retail/Stores
Status New
Directions East or West on Roosevelt to 620
City Chicago
Number Of Units Total 2
MLS Area CHI - Near West Side
Lot Size Square Feet 5625
Tax Annual Amount 33200
Additional Parcels Y/N N
Leasable Area 5293
Standard Status Active
Cap Rate 7.52
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Exterior
Building Area Total 5293
Lot Dimensions 125 X 45
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

nikkihurt@atproperties.com

Email

Affordability Calculator

$9,509
Per Month
71%
29%
0%
Monthly Principal & Interest
$6,742
Monthly Property Taxes
$2,767
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$1,095,000 Listed Price

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620 W Roosevelt Road, Chicago, IL, 60607 is a Commercial Property for sale at $1,095,000 with 5,293 sqft and a lot size of 0.129132. 620 W Roosevelt Road was built in 1958. The property's zip code is 60607 which is in Chicago, IL