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Single-Tenant Retail Building
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632 Roosevelt Rd, Chicago, IL 60607

Freestanding retail property with a new long-term net lease and limited landlord responsibilities.

Property Size6,600 SF
Lot Size0.19 Acres
Days on Market142

Property Features for 632 Roosevelt Rd

General Information

Standard status Active
Size 6,600 SF
Lot size 0.19 Acres
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Northmarq - Chicago
Listed By: Isaiah Harf · License #IL 471019332
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 1:43PM

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 Northmarq - Chicago

Investment Insights

Based on property information with market context.

This 6,600-square-foot single-tenant retail building occupies a 0.19-acre parcel at a signalized corner in Chicago’s South Loop. The property is leased to The Salvation Army under a new 10-year net lease scheduled to commence in 2026.

Lease terms include a 12% rent increase in Year 6, a 5-year renewal option, and limited landlord obligations covering the roof and structure. The fee-simple interest offers ownership of both the retail building and underlying land.

Key Highlights

  • 6,600‑square‑foot single‑tenant retail building
  • 0.19‑acre parcel at a signalized corner
  • New 10‑year net lease commencing in 2026

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Garden Center Furniture & Home Goods Discount 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,513
Businesses Nearby
507k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Groceries 21% Shops & Services 18% Home Improvements & Furnishings 13%
Portillo's Dining
78,782 visits/mo 0.3 miles
Jewel-Osco Groceries
75,447 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
64,191 visits/mo 0.1 miles
Chick-fil-A Dining
43,112 visits/mo 0.2 miles
Binny's Beverage Depot Groceries
30,420 visits/mo 0.1 miles

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail property with a new long-term net lease and limited landlord responsibilities.
Where is this nnn property located?
The property is located at 632 Roosevelt Rd Chicago, IL.
What are key features of this property?
This property features: 6,600‑square‑foot single‑tenant retail building; 0.19‑acre parcel at a signalized corner; New 10‑year net lease commencing in 2026
(312) 777-2437 Call to check price and availability
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