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20080797
20080798

6912 W Roosevelt Rd, Oak Park, IL 60304

SVN | Chicago Commercial
Listed by SVN | Chicago Commercial
$1,150,000
625 days on market
Updated 4 days ago

Prime Oak Park Retail Opportunity

Details
APN 16-18-327-016-0000
Property Type Office, Retail
Sub Type Storefront
Square Footage 8,600
Units 8
Cap Rate 7.62%
NOI $87,677
Occupancy 90%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Year Built 1922
Buildings 1
Acreage 0.310
Investment Type Value Add
Ground Lease No

8-Unit Retail/Office Storefront Building | 8,600 SF

Marketing description

SVN is pleased to present 6912-6926 W Roosevelt Road, a ± 8,600 SF Retail Strip Center on 0.31 Acres. This 8-unit retail strip center is 77% occupied, value-add, with high visibility. Dynamic location is conveniently located within walking distance to the Oak Park CTA Blue Line station and in close proximity to I-290. Join destination retailers such as Needful Things, Just Cause Dancers, Inc., Sutor Heating & Cooling, and Home 34 Co.

This exciting investment opportunity is located in the city of Oak Park, which is a quaint upscale community 9 miles west of the Chicago Business District. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area. This accessibility not only facilitates customer traffic but also supports the convenience of commuting for employees, making the location an ideal choice for retail businesses seeking strategic connectivity. Oak Park is considered a shopping and dining destination for tourists and locals alike.

Investment highlights

  • ±8,600 SF Retail Strip Center on 0.31 Acres
  • 8 Units | 77% Occupied | High Visibility | Value-Add
  • 15' Frontage on Roosevelt (17,000 VPD) with Display Windows
  • Parking Behind the Building

Listing Contacts

SVN | Chicago Commercial
Listed by SVN | Chicago Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,677.00
$7,306.42/mo

Valuation Metrics

0
DSCR
7.62%
Cap Rate
7.62%
ROI

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Additional Information

Name
Karen Kulczycki-CCIM, SIOR
License
IL #471-020279
Brokerage Phone
630-330-3352
Brokerage Address
940 West Adams Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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