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    3240 Roosevelt Rd Chicago, IL 60608

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    For Lease
    Contact for pricing

    Inline retail space in a well-positioned, grocery-anchored center.

    Property size:
    3,200 SF
    Lot size:
    7.62 Acres

    Property Features for 3240 Roosevelt Rd

    General Information

    Size
    3,200 SF
    Lot size
    7.62 Acres

    Source: Mid-America Real Estate Group Agent Brooke Spinell

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

    Overview

    Retail Space in Lawndale

    This inline shop space is available within a well-positioned, grocery-anchored shopping center. The property is located in the heart of Lawndale at the intersection of Roosevelt Road and Kedzie Avenue, which sees nearly 40,000 vehicles passing through it daily. The location benefits from a daytime population of 1.62 million within a 5-mile radius. Pylon signage is available.
    Location Intelligence

    Current Use by Public Records

    Leamington Foods Grocery Store Coinstar Kiosk - Bitcoin ... Atm Freshway Market Grocery Store Leamington Foods Inc Wholesaler

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7073149
    Latitude
    41.8675878

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    FAQs

    What type of property is this?
    Shopping center - Inline retail space in a well-positioned, grocery-anchored center.
    Where is this shopping center located?
    The property is located at 3240 Roosevelt Rd Chicago, IL.
    What are key features of this property?
    This property features: - Well-positioned grocery anchored location; - High traffic location at Roosevelt & Kedzie (nearly 40,000 vehicles per day); - Inline shop space available
    (630) 954-7300
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    Chicago, IL 60608
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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
    3240 Roosevelt Rd Chicago, IL 60608
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