O'Neil Property Group

Search Homes for Sale in Chicago’s Western Suburbs

Save
Ask
Tour
Hide
Share
$1,095,000
187 Days On Site

620 W Roosevelt Road
Chicago, IL 60607

For Sale|Retail|Active Under Contract
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
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

Enter an interest rate to see your estimated monthly payment.
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright Β©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
PriceΒ 
$1,095,000
Days On SiteΒ 
187 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
5,293 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1958
MLS NumberΒ 
12635126
StatusΒ 
Active Under Contract
Property TaxΒ 
$33,200
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
4 weeks agoStatus changed to Active Under Contract
6 months agoListing first seen on site
General Features
Property Sub TypeΒ 
Retail
SqFt TotalΒ 
5293
ZoningΒ 
OTHER
Interior Features
CoolingΒ 
Central Air
ElectricΒ 
Circuit Breakers
Save
Ask
Tour
Hide
Share
Community Features
MLS AreaΒ 
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 2026-11-04 07:57 PM 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: 2026-11-04 07:57 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share