568-570 W Roosevelt Rd, Chicago IL 60607

568-570 W Roosevelt Rd Chicago, IL 60607

568-570 W Roosevelt Rd, Chicago, IL, 60607
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FOR LEASE
Property Type:
Restaurant
Amount:
Please Call Broker for Price

Last Verified:
Dec 10, 2024

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Highlights

  • GLA 4516
  • 495sf, 1,977sf, or 2,472sf combined
  • Frontage on Roosevelt 84'
  • Taxes $4.92/SF
  • Parcel 17-16-332-032-0000
  • Space available 1977 SF
  • Halsted Station .7 MI
  • Chicago LaSalle Station 1.1 MI

Description

Storefront retail available along the thriving Roosevelt Rd. Corridor seeing over 21,000 VPD.
Property is located on the west end of the newly developed Roosevelt Retail shopping corridor serving the South Loop and surrounding neighborhoods. New retail developments throughout the neighborhood makes this one of the largest and most successful retail markets in the City of Chicago

Two retail spaces available along the thriving Roosevelt Rd. Can be combined to offer 2,472sf. Corridor sees over 21,000 VPD.
Property is located on the west end of the newly developed Roosevelt Retail shopping corridor serving the South Loop and surrounding neighborhoods. New retail developments throughout the neighborhood makes this one of the largest and most successful retail markets in the City of Chicago


Year Built: 1958
Building Size: 4516sq ft
Lot Size: 0 acres


Documents

Lease Brochure

Units for Lease

568-570 W. Roosevelt Rd., Chicago IL, 60607
Space Available: 1977 SF
Lease Type: NNN

Price Per Sqft/Year: $35.00
568-570 W. Roosevelt Rd., Chicago IL, 60607 (copy)
Space Available: 500 SF
Lease Type: NNN

Price Per Sqft/Year: $35.00

Map of 568-570 W Roosevelt Rd, Chicago, IL, 60607

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.