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    6912-6926 W Roosevelt Rd Oak Park, IL 60304

    For Sale
    $1,150,000

    8,600 SF retail strip center in Oak Park, Illinois.

    Property size:
    8,600 SF

    Property Features for 6912-6926 W Roosevelt Rd

    General Information

    Size
    8,600 SF

    Building Details

    Year built
    1922

    Source: Karen Kulczycki, CCIM, SIOR Agent Karen Kulczycki, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Center For Sale

    This retail strip center, located at 6912-6926 W Roosevelt Road in Oak Park, Illinois, offers approximately 8,600 square feet of retail space on a 0.31-acre lot. The property features 8 units and is currently 90% occupied, presenting a value-add opportunity with high visibility. The location is conveniently situated within walking distance of the Oak Park CTA Blue Line station and in close proximity to I-290. The property has 15' frontage on Roosevelt with display windows and parking behind the building. The location benefits from a dynamic environment with destination retailers such as Needful Things, Smeltekop Repair, Just Cause Dancers, Inc., Sutor Heating & Cooling, and Home 34 Co. Oak Park is an upscale community 9 miles west of the Chicago Business District, considered a shopping and dining destination for tourists and locals. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area. The location is an ideal choice for retail businesses seeking strategic connectivity. The property has 17,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7970792
    Latitude
    41.8652526

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    FAQs

    What type of property is this?
    Strip mall - 8,600 SF retail strip center in Oak Park, Illinois.
    Where is this strip mall located?
    The property is located at 6912-6926 W Roosevelt Rd Oak Park, IL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Value-add opportunity with 90% occupancy in an 8-unit retail strip center.; - High visibility location on Roosevelt Road with 15' frontage and display windows (17,000 VPD).; - Convenient access to public transportation: walking distance to Oak Park CTA Blue Line station.
    (630) 330-3352
    Request Owner's contact information
    6912-6926 W Roosevelt Rd Oak Park, IL 60304
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    Oak Park, IL 60304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6912-6926 W Roosevelt Rd Oak Park, IL 60304
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