Map of Property

542-566 W Roosevelt Rd

For Sale

542-566 W Roosevelt Rd, Chicago, IL 60607

This Chicago property for sale is located at 542-566 W Roosevelt Rd. Contact the listing broker for details on the current sale price for 542-566 W Roosevelt Rd.

Contacts

broker
Steve Schwartz

Jones Lang LaSalle

broker
Natalie Belloff

Jones Lang LaSalle

Property Details

  • Property Type Retail
  • Property Size 24,558 SF
  • Date Updated Mar 25, 2025

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

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 85/100

    Walk Score ®

  • 85/100

    Transit Score ®

  • 90/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood South Loop
  • Zip Code 60607
  • Market Chicago

Points of Interest

  • Clinton

    0.56 miles

  • Halsted Street

    0.59 miles

  • UIC-Halsted (Halsted Street)

    0.64 miles

  • UIC-Halsted (Peoria Street)

    0.71 miles

  • UIC-Halsted (Morgan Street)

    0.78 miles

  • Quincy

    0.86 miles

  • Harold Washington Library-State/Van Buren

    0.90 miles

  • Adams/Wabash

    1.14 miles

  • Cermak-McCormick Place

    1.31 miles

  • Lake

    1.36 miles

  • Tesla Supercharger

    0.13 miles

  • Citgo

    0.20 miles

  • eVgo

    0.29 miles

  • Blink

    0.30 miles

  • ChargePoint

    0.75 miles

  • BP

    0.80 miles

  • Blink ParkChip Garage - 1035 Van Buren

    0.90 miles

  • Shell

    0.91 miles

  • Volta

    0.93 miles

  • Electrify America

    1.05 miles

  • UIC Lot 6

    0.27 miles

  • UIC Lot 14

    0.29 miles

  • Lot 12

    0.30 miles

  • Halsted Street Parking Structure

    0.34 miles

  • UIC Lot 4

    0.39 miles

  • Accident Investigation Site and Stormwater Detention Facility

    0.42 miles

  • UIC Lot 5

    0.45 miles

  • UIC Lot 3

    0.57 miles

  • UIC Lot 20

    0.69 miles

  • 901 South Plymouth Court Garage

    0.70 miles

  • Eppel’s Restaurant;Eppel‘s Restaurant

    0.03 miles

  • Chipotle

    0.04 miles

  • Mimi’s Tacos & French Fries

    0.05 miles

  • Manny’s Cafeteria and Delicatessen

    0.05 miles

  • Wingstop

    0.07 miles

  • Dunkin'

    0.08 miles

  • Subway

    0.09 miles

  • Chick-fil-A

    0.10 miles

  • Domino's

    0.10 miles

  • White Palace Grill

    0.10 miles

  • Burlington

    0.11 miles

  • The Maxwell

    0.11 miles

  • Whole Foods Market

    0.13 miles

  • Southgate Market

    0.15 miles

  • Marshalls

    0.17 miles

  • Jewel-Osco

    0.23 miles

  • Target

    0.52 miles

  • H Mart

    0.72 miles

  • Chicago Oriental Wholesale Market

    0.74 miles

  • Park To Shop Supermarket

    0.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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