Listed by Bradford Allen Realty Services Chicago
$3,000,000
622 W Roosevelt Rd Office Lofts and Retail Shops
Details
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 10,632
Broker Co-Op Yes
Class B
Year Built 1904
Year Renovated 2022
Acreage 0.130
Zoning DS-3
Investment Type Value Add
Ownership Weinberg Development
Retail | 10,632 SqFt
Marketing description
10,632 RSF of office and retail space located in South Loop, surrounded by diverse retailers with easy access to I-90 and public transportation. 52.75% occupied with long-term lease in place with an excellent credit tenant.
The building has undergone a complete renovation, which includes:
Investment highlights
- New elevator and roof
- Upgraded HVAC systems
- Widened stairwells
- High ceilings
- New in-suite bathrooms
- New elevator lobby
- New interior and exterior doors
- Acreage: .13 acres
- On-site parking behind building
- Located in DS-3 Downtown Service District enterprise zone, no transfer tax upon sale
- 622 W. Roosevelt 1st Floor and LL has been leased to a national dispensary
- 622 W. Roosevelt has undergone a complete renovation
- On-site parking behind building
- Located in DS-3 Downtown Service District enterprise zone, no transfer tax upon sale
- 100’ from Dan Ryan Expressway (I-90/94)
Listing Contacts
Listed by Bradford Allen Realty Services Chicago
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