620 W Roosevelt Road
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.
- Apple Spice 50 ft
- Mimi’s Tacos & French Fries 200 ft
- Eppel’s Restaurant;Eppel‘s Restaurant 300 ft
- Manny’s Cafeteria and Delicatessen 300 ft
- Chipotle 500 ft
- Chick-fil-A 700 ft
- 7-Eleven 500 ft
- Citgo 850 ft
- Whole Foods Market 0.2 mi
- Jewel-Osco 0.3 mi
- 7-Eleven 0.3 mi
- River City Market 0.5 mi
- UIC South Fields 0.4 mi
- Harry W. Pearce Memorial Grove 0.4 mi
- The Quad 0.5 mi
- Polk Street Pier 0.5 mi
- Miller Park 0.6 mi
- Jefferson Playlot Park 0.6 mi
- Dunkin' 800 ft
- Starbucks 0.2 mi
- Starbucks 0.3 mi
- Dunkin' 0.4 mi
- Chicago French Press 0.5 mi
- Demitasse Coffee 0.6 mi
Every event we have for this address, straight from the MLS.
Real answers about this home — pricing, schools, what to ask, anything.
Stand in the kitchen.
See the light at 4pm.
Photos can only do so much. Pick a time — we'll meet you at the door.
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12635126