542-566 W Roosevelt Rd

542-566 W Roosevelt Rd, Chicago, IL 60607

Property Information

  • For Lease 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

 

Lease 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.

1 Space Available

542 W Roosevelt Rd 1st Floor

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

2,221 SF

Floor

1

Divisible Space

2,221 - 2,221 SF

Available Date

30 Days

Renewal Option

Yes

Sublease

No

2,221 SF end cap space, strategically positioned on bustling Roosevelt Road between two signalized intersections at Jefferson and Clinton.

S JEFFERSON | 8,350 VPD

W ROOSEVELT | 24,200 VPD

S CLINTON ST | 3,850 VPD

 

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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