2336 Roosevelt Rd Chicago, IL 60608
Chicago Investment Opportunity: High-Traffic Location
Property Features for 2336 Roosevelt Rd
General Information
- Property type
- Retail properties
- Lot Size
- 13,504 SF
Listing Agency: A.R.C Real Estate Group Listing Agent: Matt Cavanagh
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 0.31-acre mixed-use property, located at 2336-2346 W. Roosevelt Road in Chicago, IL (zip code 60608), presents a compelling investment opportunity. The property boasts a prime location bordering the Illinois Medical District (IMD), a thriving hub with four major hospitals, two medical universities, and over 40 healthcare facilities. The IMD's significant economic impact is undeniable, boasting over 29,000 employees, 50,000 daily visitors, and generating $2.4 billion annually. This high-traffic area sees approximately 44,800 vehicles per day at the nearby intersection of Western and Roosevelt Roads. The property's C1-2 zoning allows for a diverse range of uses, including residential, mixed-use developments, retail spaces, and office buildings, providing significant flexibility for future development. The asking price for this strategically located land is $999,000. This presents a unique chance to capitalize on the IMD's growth and the high volume of daily traffic in this bustling Chicago neighborhood. The Cook County location offers further advantages for investors seeking a strong return on investment in a dynamic and expanding urban area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.685407255682
- Latitude
- 41.8665712506
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FAQs
What type of property is this?
Retail property - Chicago Investment Opportunity: High-Traffic Location
Where is this retail property located?
The property is located at 2336 Roosevelt Rd Chicago, IL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 0.31-acre mixed-use lot at 2336-2346 W. Roosevelt Road, Chicago, IL 60608, priced at $999,000.; Prime location bordering the Illinois Medical District (IMD), encompassing four major hospitals, two medical universities, and over 40 healthcare facilities.; High-traffic area, situated east of the Western & Roosevelt intersection with 44,800 vehicles per day (VPD).