Investment Overview
10,632 RSF of office and retail space located in South Loop, surrounded by diverse retailers with easy access to I-90 and public transportation. 52.75% occupied with long-term lease in place with an excellent credit tenant.
The building has undergone a complete renovation, which includes:
• New elevator and roof
• Upgraded HVAC systems
• Widened stairwells
• High ceilings
• New in-suite bathrooms
• New elevator lobby
• New interior and exterior doors
• Acreage: .13 acres
• On-site parking behind building
• Located in DS-3 Downtown Service District enterprise zone, no transfer tax upon sale
• Real Estate Tax Parcels: 17-16-331-030-0000
Investment Highlights
- 622 W. Roosevelt 1st Floor and LL has been leased to a national dispensary
- 622 W. Roosevelt has undergone a complete renovation
- On-site parking behind building
- Located in DS-3 Downtown Service District enterprise zone, no transfer tax upon sale
- 100’ from Dan Ryan Expressway (I-90/94)