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    7100 Roosevelt Rd Oak Park, IL 60304

    Sponsored
    For Sale
    Contact for pricing

    Prime Roosevelt Road location, vacant, 984 sq ft.

    Property size:
    984 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This vacant, 984-square-foot retail building presents a unique redevelopment opportunity in Oak Park, Illinois. Situated on a 0.38-acre lot at the corner of Roosevelt Road and Wisconsin Avenue, this freestanding structure boasts excellent visibility and accessibility. The property features 130 feet of frontage on Roosevelt Road, a major thoroughfare with an average daily traffic count exceeding 19,200 vehicles. Built in 1977, the single-story building previously operated as a restaurant and retains existing restaurant infrastructure. The property includes 23 parking spaces, a significant advantage in this location. The permitted zoning is RR. The property is being sold "AS IS," with all utilities disconnected. This high-traffic location and ample parking make it ideal for a variety of retail uses, offering significant potential for a savvy investor or owner-user seeking a redevelopment project. The property's prominent corner location allows for pylon signage, further enhancing its marketing potential. Serious inquiries only

    Property Features for 7100 Roosevelt Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    984 SF
    Lot Size
    16,596 SF

    Building Details

    Year Built
    1977
    Buildings
    1
    Stories
    1

    HighLights

    • 984 SF retail building with existing restaurant infrastructure.
    • High‑visibility corner lot ideal for pylon signage.
    • Excellent Roosevelt Road visibility, high traffic count.
    • Ample parking (23 spaces) and easy access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.802278800551
    Latitude
    41.865038066941

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    FAQs

    What type of property is this?
    Individual retail property - Prime Roosevelt Road location, vacant, 984 sq ft.
    Where is this individual retail property located?
    The property is located at 7100 Roosevelt Rd Oak Park, IL.
    What are key features of this property?
    This property features: 984 SF retail building with existing restaurant infrastructure.; High-visibility corner lot ideal for pylon signage.; Excellent Roosevelt Road visibility, high traffic count.
    Request Owner's contact information
    7100 Roosevelt Rd Oak Park, IL 60304
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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
    7100 Roosevelt Rd Oak Park, IL 60304
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