Senior Vice President

Steve Schwartz

Associate, Brokerage

Natalie Belloff

24,558 unanchored strip center & billboard. Value-add opportunity through lease-up, marking rents to market, and billboard spin-off. The sole vacancy is the asset's most desirable suite, a 2,221 square foot end cap at the corner of Roosevelt and Clinton. It was formerly occupied by AT&T who is paying rent through January 2025.- Attractive assumable debt- More than $1.5M spent in recent years to revitalize the asset- Value-add through lease up, potential to spin off billboard, potential to acquire the 2 suites on western portion of the asset that are NAP- Well positioned in an active stretch of Chicago's South Loop- Close proximity to Interstate 90- Customer specific parking on-site

Sale Description

Discover an exceptional retail opportunity in the heart of Chicago with this 2,221 SF end cap space, strategically positioned on bustling Roosevelt Road between two signalized intersections at Jefferson and Clinton.

Lease Description

28 PARKING SPACES

DS-3 ZONING

SPECIALIZED BRANDING ALONG EAST WALL

Washington, D.C.

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title="Sublease"
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title = "Office property subtype"
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value = "office"
label = "Office"
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value = "condo"
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value = "coworking"
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[[propertySubTypes.options]]
value = "light-manufacturing"
label = "Light Manufacturing"
[[propertySubTypes.options]]
value = "freestanding-retail"
label = "Freestanding Retail"
[[propertySubTypes.options]]
value = "showroom"
label = "Showroom"
[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"
[[propertySubTypes.options]]
value = "clinic"
label = "Clinic"
[[propertySubTypes.options]]
value = "warehouse"
label = "Warehouse & Distribution"
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value = "special-purpose"
label = "Special Purpose"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
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value = "light-distribution"
label = "Light Distribution"
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value = "student-housing"
label = "Student Housing"

Sale - Office - Additional Filters

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title="Building Class"
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value="false"
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[propertySubTypes]
title = "Retail property subtype"
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value = "street-retail"
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value = "freestanding-retail"
label = "Freestanding Retail"
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value = "power-center"
label = "Power Center"
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value = "mall"
label = "Mall"
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value = "shopping-center"
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Rent - Retail - Additional Filters

title="Size"
disclaimer="Approx. 100 SF = 1 desk"
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Default - Office - Surface

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Rent - Multifamily - Additional Filters

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Rent - Default - Price

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Sale Additional Filter

Rent Additional Filters

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value="true"
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[[propertySubTypes.options]]
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[[propertySubTypes.options]]
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[[propertySubTypes.options]]
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[[propertySubTypes.options]]
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[[propertySubTypes.options]]
value = "special-purpose"
label = "Special Purpose"
[[propertySubTypes.options]]
value = "mall"
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[[propertySubTypes.options]]
value = "light-distribution"
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[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "conventional"
label = "Conventional"

Sale - Industrial - Additional Filters

Rent - Office - Additional Filters

Sale - Retail - Additional Filters

Rent - Industrial - Additional Filters

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title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
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value="A"
label="A"
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label="C"
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label = "Apartments"
[[propertySubTypes.options]]
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label = "Conventional"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "condo"
label = "Condominium"
[[propertySubTypes.options]]
value = "active-adult"
label = "Active Adult"

Sale - Multifamily - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
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label="B"
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value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"

Default - Default- Additional Filters

title="Size"
disclaimer=""
[[metric]]
key = "acres"
tabLabel = "acres"
unitLabel= "ac"

[min]
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value=0.1
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[min.7]
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[min.8]
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[max]
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[max.9]
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[max.10]
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[max.11]
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value=10

Default - Land - Lot Size

title="Size"
disclaimer=""
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"

[min]
[min.50]  
  feet=50
  value=50
[min.200]
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[min.500]
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[min.1000]
  feet="1,000"
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[min.2000]
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[min.5000]
  feet="5,000"
  value=5000
[min.7000]
  feet="7,000"
  value=7000
[min.10000]
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  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
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[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
[max.5]  
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Default - Default - Surface

title="Price"
metric="label"
unitLabel=" "
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Default - Default - Price

Broker Inquiry

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542-566 W Roosevelt Rd

Sale Description

Lease Description

Space details

Highlights

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