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    7213 W Roosevelt Rd Forest Park, IL 60130

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    For Sale
    $599,000

    High-exposure retail building suitable for automotive or retail businesses.

    Property size:
    5,624 SF

    Property Features for 7213 W Roosevelt Rd

    General Information

    Size
    5,624 SF

    Source: Jim Pietrarosso Agent Jim Pietrarosso

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

    Overview

    Retail Building on Roosevelt Road

    This 5,624 square foot retail building is located on Roosevelt Road and offers high exposure and easy access. Currently configured for a vehicle alarm installation business, the property features ample showroom space and three drive-in doors at the rear for servicing vehicles. The building can be divided into two units, one of 2,352 square feet and another of 3,272 square feet. Its B-2 zoning is suitable for automotive, sales, and service-related uses. The property has undergone major interior renovations, including new, larger windows, an additional restroom, and new French floor drains. An all-new exterior facade has also been added. Street and side parking are available. The property is located in the heart of a retail and commercial area on Roosevelt Road, just three buildings east of Harlem Avenue, with easy access to major transportation routes via nearby I-290, which is four blocks north.
    Insight Report Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    U-Haul Trailer Hitch Super Center at Expressway, Enterprise Rent-A-Car, U-Box at U-Haul, Truck Rental at U-Haul, Propane Refill at U-Haul

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Will
    State
    Illinois
    Longitude
    -87.8144
    Latitude
    41.8677

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    FAQs

    What type of property is this?
    Automotive property - High-exposure retail building suitable for automotive or retail businesses.
    Where is this automotive property located?
    The property is located at 7213 W Roosevelt Rd Forest Park, IL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - High-exposure location on busy Roosevelt Rd (Rt. 38) in a retail/commercial area.; - B-2 zoning suitable for automotive, sales, and service businesses.; - Potential to divide the building into two units (2,352 sf and 3,272 sf).
    (847) 758-9200
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    7213 W Roosevelt Rd Forest Park, IL 60130
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    Forest Park, IL 60130
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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
    7213 W Roosevelt Rd Forest Park, IL 60130
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