- 5,293
- sqft
- 1958
- year built
- Status:
- Contingent
- MLS #:
- 12635126
- County:
- Cook
- Listed By:
- Nicole Hurt - @properties Christie's International Real Estate
- Office Phone:
- (773) 432-0200
- Agent Email:
- nikkihurt@atproperties.com
Sponsoring Broker: Diane Glass, Berkshire Hathaway HomeServices Chicago
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.
-
- Year Built
- 1958
-
- Stories
- 1.0
-
- Cooling
- Central Air
-
- Area
- CHI - Near West Side
-
- County
- Cook
-
- City
- Chicago
-
- Zip Code
- 60607
-
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Price History
| 04/30/2026 | Listed | $1,095,000 |
| Source: Midwest Real Estate Data (MRED) #12635126 | ||
Source: MLS Data
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 620 W Roosevelt Rd?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,095,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Chicago, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 620 W Roosevelt Rd?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 620 W Roosevelt Rd at around $8,998. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 620 W Roosevelt Rd?
In most cases, yes. Whether 620 W Roosevelt Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Chicago's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $1,095,000 with 5,293 sqft of space—that comes out to approximately $207 per square foot.
How long has this property been on the market?
620 W Roosevelt Rd was listed on April 30, 2026, which means it's been on the market for 198 days.
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When was this house built?
This home was built in 1958, making it approximately 68 years old.
What are the property taxes for 620 W Roosevelt Rd?
The most recent public record shows annual property taxes for 620 W Roosevelt Rd were approximately $33,200. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 620 W Roosevelt Rd still available for sale?
This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.
Last Updated: November 14, 2026 at 09:37PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12635126
