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South Loop Mixed-Use Building

622 W Roosevelt Rd, Chicago, IL 60607

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For Sale

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Renovated office and retail space in the South Loop.

Type:Office, Retail

Property size:

10,632 SF

Lot size:

0.13 Acres

Price / SF:

$213/SF

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Craig A Nadborne

Real Estate License ID: IL

HighLights

Excellent credit tenant with long‑term lease in place (52.75% occupied).
Complete renovation including new elevator, roof, HVAC systems, bathrooms, and more.
Located in DS‑3 Downtown Service District enterprise zone with no transfer tax upon sale.
Prime South Loop location with easy access to I‑90 and public transportation.
On‑site parking behind the building.
High ceilings and widened stairwells.

For Sale

Contact for pricing

Renovated office and retail space in the South Loop.

Type:Office, Retail

Property size:

10,632 SF

Lot size:

0.13 Acres

Price / SF:

$213/SF

Added:: Nov 5, 2024
Days on Market:: 608
Last Refresh:: Jul 4 at 12:43 pm

Property Features for 622 W Roosevelt Rd

General Information

Standard status: Active
Size: 10,632 SF
Lot size: 0.13 Acres
Property subtype: Office, Retail

Building Details

Year Built: 1904

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Contact an agent

Craig A Nadborne

Listing office Bradford Allen Realty Services Chicago

Listing date Nov 5, 2024

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HighLights

Excellent credit tenant with long‑term lease in place (52.75% occupied).
Complete renovation including new elevator, roof, HVAC systems, bathrooms, and more.
Located in DS‑3 Downtown Service District enterprise zone with no transfer tax upon sale.
Prime South Loop location with easy access to I‑90 and public transportation.
On‑site parking behind the building.
High ceilings and widened stairwells.

Overview

This 10,632 square foot mixed-use property features office and retail space in the South Loop. The building is 52.75% occupied with a long-term lease in place with an excellent credit tenant. Located on 0.13 acres, the property offers on-site parking behind the building. The building has undergone a complete renovation, which includes a new elevator and roof, upgraded HVAC systems, widened stairwells, high ceilings, new in-suite bathrooms, a new elevator lobby, and new interior and exterior doors. The property is located in the DS-3 Downtown Service District enterprise zone, and there is no transfer tax upon sale. The location provides easy access to I-90 and public transportation and is surrounded by diverse retailers. Real Estate Tax Parcels: 17-16-331-030-0000.

Property Profile Location Intelligence

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Office Units

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6431291
Latitude: 41.8674959

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For sale
Mixed-use properties
IL
Chicago
60607
622 W Roosevelt Road

What type of property is this?

Mixed-use property - Renovated office and retail space in the South Loop.

Where is this mixed-use property located?

The property is located at 622 W Roosevelt Rd Chicago, IL.

What is the asking price?

The asking price for this property is $2,275,000.

What are key features of this property?

This property features: Excellent credit tenant with long‑term lease in place (52.75% occupied).; Complete renovation including new elevator, roof, HVAC systems, bathrooms, and more.; Located in DS‑3 Downtown Service District enterprise zone with no transfer tax upon sale.