For Sale
$1,150,000

6912 Roosevelt Rd Oak Park, IL 60304

8-unit storefront, high visibility, value-add.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a ±8,600 square foot, eight-unit retail storefront building situated on a 0.31-acre lot in the vibrant Oak Park, Illinois market. Located at 6912 W Roosevelt Rd, 60304, this property boasts a prominent 15-foot frontage on Roosevelt Road, a major thoroughfare with a high volume of daily traffic (17,000 vehicles per day), and features display windows for optimal visibility. Currently 46% occupied, this value-add property offers significant upside potential. The building, constructed in 1922, provides ample parking behind the structure for customer and tenant convenience. Its strategic location offers easy access to the Oak Park CTA Blue Line station and major roadways including I-290 and I-294, ensuring excellent connectivity to the broader Chicago metropolitan area and facilitating both customer traffic and employee commuting. The property is situated in a thriving retail corridor, alongside established businesses, making it an attractive proposition for both investors and potential tenants. This is a rare chance to acquire a well-positioned retail property in a desirable, upscale community just nine miles west of Chicago's central business district, known for its strong shopping and dining scene. The property is offered as a Net Net Net (NNN) lease. The Cook County Assessor's Parcel Number (APN) is 16-18-327-016-0000.

Highlights

  • 8,600 SF retail strip center on a 0.31-acre lot.
  • Eight (8) retail units, currently 46% occupied, offering high visibility.
  • 15-foot frontage on Roosevelt Road (17,000 vehicles per day) with prominent display windows.
  • On-site parking located behind the building.

Property Details for 6912 Roosevelt Rd

Property type
Retail properties, Office properties
Square Feet
8,600 SF
Year Built
1922
Buildings
1
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Oak Park
County
Cook
State
Illinois
Latitude
41.865120422246
Longitude
-87.79764614409
6912 Roosevelt Rd, Oak Park, Illinois

FAQs

What type of property is this?
Retail property - 8-unit storefront, high visibility, value-add.
Where is the retail property located?
The property is located at 6912 Roosevelt Rd Oak Park, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 8,600 SF retail strip center on a 0.31-acre lot.; Eight (8) retail units, currently 46% occupied, offering high visibility.; 15-foot frontage on Roosevelt Road (17,000 vehicles per day) with prominent display windows.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6912 Roosevelt Rd
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