620 W Roosevelt Road, Chicago, IL 60607

• 5,293 sqft

Property Description

Stabilized, income-producing two-tenant retail investment located in the highly sought-after South Loop / Central Business District of Chicago. This 5,293 SF property is fully leased through August 2028, offering immediate, reliable cash flow with a strong 7.52 cap rate. The asset features two established, long-tenured tenants, providing consistent and durable income. Tenant tax stops at 2022 / 2023 base years pass through all Cook County property tax increases, structurally capping landlord exposure at approximately $29,520 annually through the lease term-creating a highly predictable, low-risk investment profile. Strategically positioned along the high-traffic Roosevelt Road corridor, the property benefits from strong visibility, dense population, and proximity to major employment and transit hubs within the South Loop. In addition to stable in-place income, the property offers long-term upside with DS-3 zoning on a 7,053 SF lot, allowing for a hold-and-build strategy and future redevelopment potential. Ideal for investors seeking passive income, expense protection, and long-term growth in one of Chicago's most dynamic urban submarkets.

Listing Status:

Active

Data Last Updated:

May 22, 2026 at 4:21AM

Listing Office:

@properties Christie's International Real Estate : 630-802-4878

Listing Agent:

Nicole Hurt : 630-802-4878

MLS ID:

12635126

Interior

• A/C: Central Air

Location

• HOA Amenities: Not Applicable
• Originating MLS: mred
• County: Cook

Lot

• Zoning: OTHER17163310310000

Utilities

• Utilities: Circuit Breakers

Financial

• Source: mred