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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
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    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    JACK STRAND
    JACK STRAND
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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