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    627 Roosevelt Rd Chicago, IL 60605

    For Lease
    Contact for pricing

    Chicago Shopping Center - Fully Available

    Lot size:
    3,917 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail opportunity presents a fully vacant, 3,917 square foot shopping center located at 627 W. Roosevelt Road in Chicago, Illinois, within Cook County. The property, known as Roosevelt Galleria, offers a prime location for a single tenant or multiple tenants seeking a high-visibility space. The entire 3,917 square feet is currently available for lease, providing a blank canvas for a new business venture or expansion. The building's convenient location offers excellent accessibility and high foot traffic potential. Ample parking is available with 67 spaces provided for customers and employees. The property is classified as a retail shopping center, ideal for a variety of commercial uses. This presents a unique chance to establish a strong presence in a vibrant Chicago neighborhood. The property's size and layout offer flexibility for various retail concepts. The address is 627 W. Roosevelt Road, Chicago, IL 60605. The property is situated in Cook County and offers a significant opportunity for businesses looking to establish or expand their operations in a high-traffic area. The entire space is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire for further details and leasing information. This is a rare opportunity to secure a substantial retail space in a desirable Chicago location.

    Property Features for 627 Roosevelt Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,917 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,917 SF

    HighLights

    • 3,917 SF of new retail space available for lease, immediately adjacent to a Dollar Tree.
    • High‑visibility location at a signalized intersection, directly accessible from the Dan Ryan Expressway (I‑90/94), with 225,000 vehicles passing daily.
    • Prominent rooftop pylon signage visible from I‑90/94.
    • 67 surface parking spaces available on a first‑come, first‑served basis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar Tree Dollar Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6434542
    Latitude
    41.8668607

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    FAQs

    What type of property is this?
    Lifestyle center - Chicago Shopping Center - Fully Available
    Where is this lifestyle center located?
    The property is located at 627 Roosevelt Rd Chicago, IL.
    What are key features of this property?
    This property features: 3,917 SF of new retail space available for lease, immediately adjacent to a Dollar Tree.; High-visibility location at a signalized intersection, directly accessible from the Dan Ryan Expressway (I-90/94), with 225,000 vehicles passing daily.; Prominent rooftop pylon signage visible from I-90/94.
    Request Owner's contact information
    627 Roosevelt Rd Chicago, IL 60605
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    Chicago, IL 60605
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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
    627 Roosevelt Rd Chicago, IL 60605
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