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Transit-Adjacent Storefront Property
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31 E Roosevelt Rd, Chicago, IL 60605

Corner commercial space with direct CTA rail access and nearby bus service.

Space Size1,200 SF
Days on Market162

Property Features for 31 E Roosevelt Rd

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Building Size 1,200 SF
Tenancy Single

Spaces For Lease

at 31 E Roosevelt Rd Contact us

Available Space

Size
1,200 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Edgemark Commercial Real Estate Services
Listed By: Mike Wesley · License #IL 471006736
Source: Crexi
Added: Mar 26 Changed: Sep 2 Last Checked: Aug 31 at 3:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edgemark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This storefront property occupies a corner position at East Roosevelt Road and Wabash. Its setting combines pedestrian movement, vehicle activity, and public transportation access, supporting exposure for a range of retail or service-oriented commercial uses.

The property sits directly off the Roosevelt CTA station, which serves the Red, Green, and Orange Lines, and is within walking distance of multiple CTA bus stops. Nearby destinations include the Shedd Aquarium, Field Museum, Millennium Park, Grant Park, Soldier Field, Willis Tower, The Art Institute of Chicago, and Buckingham Fountain. The site is in Chicago’s South Loop neighborhood.

Key Highlights

  • Corner location at East Roosevelt Road and Wabash
  • Directly off the Roosevelt CTA station serving the Red, Green, and Orange Lines
  • Within walking distance of several CTA bus stations

Property Analytics

Current Use

MobileQubes Phone Charging Telecommunications Service Sip & Savor South ... Cafe & Coffee Shop

Suggested Use

Top Pick Butcher Nursing Home (Bike/Boat/Book/etc) Store Florist Tanning Salon Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,706
Businesses Nearby
232k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 57% Groceries 20% Hotels & Casinos 10% Apparel 8%
Target Superstores
131,620 visits/mo 0.3 miles
Jewel-Osco Groceries
46,012 visits/mo 0.0 miles
H&M Apparel
18,041 visits/mo 0.3 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.5 miles
Dunkin' Donuts Dining
7,724 visits/mo 0.5 miles

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • THRNZ 1449 S Michigan Ave, Chicago, IL 60605

Frequently Asked Questions

What type of property is this?
Storefront property - Corner commercial space with direct CTA rail access and nearby bus service.
Where is this storefront property located?
The property is located at 31 E Roosevelt Rd Chicago, IL.
What are key features of this property?
This property features: Corner location at East Roosevelt Road and Wabash; Directly off the Roosevelt CTA station serving the Red, Green, and Orange Lines; Within walking distance of several CTA bus stations
(630) 472-1010 Call to check price and availability
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