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Property profile & analytics
OFF-MARKET
Retail space

6142 Roosevelt Rd Oak Park, IL 60304-2311

0.09 ac lot Built 1952
Individually Owned 27-yr Hold Absentee Owner Free & Clear
Property ID
US28-2638265
Property summary
AI-generated overview

This exceptional investment opportunity presents a ±9,000 square foot, two-story office building situated on a 0.12-acre lot in Oak Park, Illinois. The property, constructed in 1956, features sixteen individual units, currently 60% occupied, offering a blend of executive, medical, and traditional office spaces. Its prime location on West Roosevelt Road provides high visibility, benefiting from approximately 17,000 vehicles per day. The building's convenient access to city-owned parking enhances its appeal. Its multi-tenant structure allows for flexible leasing options catering to diverse business needs. The property enjoys excellent connectivity to major transportation arteries, including I-290 and I-294, the CTA Green Line, and numerous bus routes, ensuring seamless access to the broader Chicago metropolitan area. This strategic location within Oak Park, a vibrant community known for its upscale atmosphere and proximity to the Chicago Business District (nine miles west), positions the property favorably within a thriving retail and dining destination. The building's Class C designation reflects its potential for value enhancement through strategic improvements. The property is offered as a NNN lease, and the parcel numbers are 16-17-328-033-0000 and 16-18-328-031-0000. This presents a compelling opportunity for investors seeking a well-located, multi-tenant property with significant upside potential.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1952
Lot 0.09 ac (3,862 SF)
APN 16-17-328-031
UPID US28-2638265
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zenergy Integrative Health Alternative Medicine Practice
  • Oak Park Clinic Physician
  • Acuwerks Medical Clinic Alternative Medicine Practice
  • Brian King DPM Physician
  • Evoluzion Health Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
JACK STRAND
JACK STRAND
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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