SQUARE FEET5,293
MLS#12635126
STATUSActive
PROPERTY TYPECommercial - Retail
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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.13 Acres
Stories: 1.0
Taxes: $33,200
Year Built: 1958
Feature Descriptions
Electric: Circuit Breakers
Fire Protection: Alarm On Site, Fire Extinguisher/s
HVAC: Central Bldg Heat
Lot Dimensions: 125 X 45
Parcel#: 17163310310000
Units: 2
Listed By / Shown By
Listed By
Agency Name: @properties Christie's International Real Estate
Agency Phone: 773-432-0200
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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620 W Roosevelt Road | MLS# 12635126
This commercial property located at 620 W Roosevelt Road, Chicago, IL 60607 is currently listed for sale with an asking price of $1,095,000. Search Chicago real estate on www.bhhscrosby.com today.