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    7213 Roosevelt Rd Forest Park, IL 60130

    • Retail space
    • 0.14 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US28-5727546
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 7213 Roosevelt Rd

    Year built
    1943
    Lot size
    0.14 lot acres
    Property type
    Retail space
    APN
    15-13-431-032
    APU
    1513431032

    Description

    This exceptional 5,624-square-foot retail and industrial property, located at 7213 W. Roosevelt Rd in Forest Park, Illinois (zip code 60130), presents a unique investment opportunity. The building, situated on a high-exposure street, is currently configured as a single-tenant space, previously used for vehicle alarm installation. The layout includes ample showroom space and three convenient drive-in doors at the rear, ideal for servicing vehicles. The property boasts a 12-foot ceiling height and offers convenient parking for ten or more cars. The building is divisible into two units: 2,352 square feet and 3,272 square feet, providing flexibility for various uses. Recent significant renovations have enhanced the property's appeal, including new and larger windows, an additional restroom, new French floor drains, and a completely updated exterior facade. The B-2 Community Shopping zoning allows for a wide range of automotive-related businesses, sales, and service operations. This prime location in Cook County offers excellent street and side parking, ensuring convenient access for both customers and employees. The property is available for sale or lease.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.805
    Latitude
    41.8653
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $24,805
    $21,875
    $47,332
    $69,207
    -
    $87,500
    $189,328
    $276,828

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      7441 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      7441 Madison St, Forest Park, IL 60130-1542
      View Details
    • Value Estimation by Request
      0.07 Acres

      7624 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      7624 Madison St, Forest Park, IL 60130-1403
      View Details
    • Value Estimation by Request
      0.07 Acres

      7626 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      7626 Madison St, Forest Park, IL 60130-1403
      View Details
    • Value Estimation by Request
      0.21 Acres

      7310 Madison St, Unit 12

      RETAIL STORES (PERSONAL SERVICES) • 0.21 Acres
      7310 Madison St, Forest Park, IL 60130-1706
      View Details
    • Value Estimation by Request
      0.13 Acres

      7220 Roosevelt Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.13 Acres
      7220 Roosevelt Rd, Forest Park, IL 60130
      View Details
    • Value Estimation by Request
      0.36 Acres

      7529 Roosevelt Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.36 Acres
      7529 Roosevelt Rd, Forest Park, IL 60130
      View Details

    Similar Nearby for Sale

    • $1,800,000
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      Forest Park Retail Center Investment

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    • $385,000

      Mixed-Use Investment Property For Sale

      Renovated mixed-use property with retail and residential units.
      7242 Roosevelt Rd, Forest Park, IL 60130
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    • $599,000
      5,624 SF

      Retail Building on Roosevelt Road

      High-exposure retail building suitable for automotive or retail businesses.
      7213 W Roosevelt Rd, Forest Park, IL 60130
      View Details
    • New
      $4,500,000

      Prime Redevelopment Opportunity in Forest Park

      Single-story former bank and adjacent restaurant on high-traffic corridor.
      7525 Madison Ave, Forest Park, IL 60130
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    • Contact for pricing
      254,433 SF

      Retail Space at Forest Park Plaza

      Retail spaces available at signalized intersection near Living Fresh Market.
      7600-7630 W Roosevelt Rd, Forest Park, IL 60130
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    Similar Nearby for Lease

    • Contact for pricing
      3,049 SF

      Renovated Retail/Office Space Available

      Recently renovated retail/office space with high traffic and natural light.
      7624 Madison St, Forest Park, IL 60130
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    • Contact for pricing

      Retail Space in Forest Park

      Well-maintained retail space with high traffic exposure on Madison Street.
      408 Thomas Ave, Forest Park, IL 60130
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    • Contact for pricing
      254,433 SF

      Forest Park Plaza Retail Space

      High-profile retail center, spaces available.
      7600 Roosevelt Rd, Forest Park, IL 60130
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    7213 Roosevelt Rd
    Forest Park, IL 60130
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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
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