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    542-558 W Roosevelt Rd Chicago, IL 60607

    For Lease
    Contact for pricing

    Retail property with recent renovations and high traffic exposure.

    Property size:
    2,221 SF
    Lot size:
    0.82 Acres

    Property Features for 542-558 W Roosevelt Rd

    General Information

    Size
    2,221 SF
    Lot size
    0.82 Acres

    Source: Frontline Real Estate Partners, LLC Agent Matthew Tarshis

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

    Overview

    Retail Space Near Transportation Hubs

    This retail property is located at the northeast corner of the signalized intersection of Roosevelt Road and Clinton Street, offering exposure to approximately 32,800 vehicles per day. The property features a surface-level parking lot at the rear. Recent renovations in 2017 included a new roof, updated facade, and updated plumbing and electrical systems. The strip center is situated half a block east of the Dan Ryan Expressway (I-90/I-94) access ramps. It is conveniently located less than one mile from the Halsted Metra Station and the Clinton 'L' Stop (blue line). The property is surrounded by national retailers and service-oriented businesses. The property size is 2,221 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6403024
    Latitude
    41.8675824

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    FAQs

    What type of property is this?
    Strip mall - Retail property with recent renovations and high traffic exposure.
    Where is this strip mall located?
    The property is located at 542-558 W Roosevelt Rd Chicago, IL.
    What are key features of this property?
    This property features: - Prime retail location at a signalized intersection with high traffic volume (~32,800 VPD).; - Recent renovations (2017) including new roof, updated facade, plumbing, and electrical.; - Surface level parking lot in back of the property.
    (847) 542-9058
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    Chicago, IL 60607
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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
    542-558 W Roosevelt Rd Chicago, IL 60607
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