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568 Roosevelt Rd Chicago, IL 60607

OFF-MARKET Retail properties & Spaces Google Maps
4,516 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional single-story commercial building, located at 568-570 W Roosevelt Rd in Chicago's vibrant South Loop submarket, offers multiple executive office suites for lease. The property boasts a total of 4,516 square feet, with 2,477 square feet currently vacant and divisible into spaces ranging from 495 to 2,477 square feet. Benefiting from high visibility on Roosevelt Road, the building features 84 feet of frontage on Roosevelt and 94 feet on Jefferson Street, providing excellent street-level exposure. The location is part of a thriving retail corridor experiencing over 21,000 vehicles per day, and is situated within a newly developed retail area serving the South Loop and surrounding neighborhoods. The property sits on a 0.16-acre lot and is zoned DS-3. Conveniently located near public transportation, with Halsted Station just 0.7 miles away and Chicago LaSalle Station 1.1 miles away, this property presents a unique opportunity for businesses seeking a prominent location in a rapidly growing area of Chicago. The building features both smaller units facing Jefferson Street and larger units facing Roosevelt Road, offering flexibility for various business needs. Cook County location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,516 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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