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6912 Roosevelt Rd Oak Park, IL 60304

For Sale
$1,150,000

8-unit storefront, high visibility, value-add.

Property size:
8,600 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional investment opportunity presents a ±8,600 square foot, eight-unit retail storefront building situated on a 0.31-acre lot in the vibrant Oak Park, Illinois market. Located at 6912 W Roosevelt Rd, 60304, this property boasts a prominent 15-foot frontage on Roosevelt Road, a major thoroughfare with a high volume of daily traffic (17,000 vehicles per day), and features display windows for optimal visibility. Currently 46% occupied, this value-add property offers significant upside potential. The building, constructed in 1922, provides ample parking behind the structure for customer and tenant convenience. Its strategic location offers easy access to the Oak Park CTA Blue Line station and major roadways including I-290 and I-294, ensuring excellent connectivity to the broader Chicago metropolitan area and facilitating both customer traffic and employee commuting. The property is situated in a thriving retail corridor, alongside established businesses, making it an attractive proposition for both investors and potential tenants. This is a rare chance to acquire a well-positioned retail property in a desirable, upscale community just nine miles west of Chicago's central business district, known for its strong shopping and dining scene. The property is offered as a Net Net Net (NNN) lease. The Cook County Assessor's Parcel Number (APN) is 16-18-327-016-0000.

Property Features for 6912 Roosevelt Rd

General Information

Property type
Individual retail properties
Square Feet
8,600 SF
Lot Size
13,504 SF

Building Details

Year Built
1922
Buildings
1

HighLights

  • 8,600 SF retail strip center on a 0.31‑acre lot.
  • Eight (8) retail units, currently 46% occupied, offering high visibility.
  • 15‑foot frontage on Roosevelt Road (17,000 vehicles per day) with prominent display windows.
  • On‑site parking located behind the building.
Property Profile Insight Report 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
-87.79764614409
Latitude
41.865120422246

FAQs

What type of property is this?
Individual retail property - 8-unit storefront, high visibility, value-add.
Where is this individual retail property located?
The property is located at 6912 Roosevelt Rd Oak Park, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 8,600 SF retail strip center on a 0.31-acre lot.; Eight (8) retail units, currently 46% occupied, offering high visibility.; 15-foot frontage on Roosevelt Road (17,000 vehicles per day) with prominent display windows.
More about this property
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