542-566 W Roosevelt Rd

542-566 W Roosevelt Rd, Chicago, IL 60607

Property Information

  • For Sale Contact for pricing
  • Property Type Retail
  • Property Size 24,558 SF
  • Parking Spaces Avail. 28
  • Parking Ratio 1.14 / 1,000 SF
  • Date Updated Apr 29, 2026

Description

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

Contacts

Steve Schwartz

Jones Lang LaSalle

Natalie Belloff

Jones Lang LaSalle

Location

Located at 542-566 W Roosevelt Rd, Chicago, IL 60607, this property is part of the South Loop neighborhood and Chicago market.

Contact 542-566 W Roosevelt Rd
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