Prime Oak Park Retail Opportunity

6912-6926 W Roosevelt Road Oak Park, IL 60304

6912-6926 W Roosevelt Road, Oak Park, IL, 60304
6912-6926 W Roosevelt Road, Oak Park, IL, 60304 6912-6926 W Roosevelt Road, Oak Park, IL, 60304 6912-6926 W Roosevelt Road, Oak Park, IL, 60304 6912-6926 W Roosevelt Road, Oak Park, IL, 60304
FOR SALE FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Last Verified:
Dec 03, 2024

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Highlights


Description

SVN is pleased to present 6912-6926 W Roosevelt Road, a ± 8,600 SF Retail Strip Center on 0.31 Acres. This 8-unit retail strip center is 58% occupied, value-add, with high visibility. Dynamic location is conveniently located within walking distance to the Oak Park CTA Blue Line station and in close proximity to I-290. Join destination retailers such as Needful Things, Smeltekop Repair, Just Cause Dancers, Inc. and Sutor Heating & Cooling.

SVN is pleased to present 6912-6926 W Roosevelt Road, a ±8,600 SF Retail Strip Center on 0.31 Acres. This 8-unit retail strip center is 58% occupied and has high visibility. Dynamic location is conveniently located within walking distance to the Oak Park CTA Blue Line station and in close proximity to I-290. Join destination retailers such as Needful Things, Smeltekop Repair, Just Cause Dancers, Inc. and Sutor Heating & Cooling.

This exciting investment opportunity is located in the city of Oak Park, which is a quaint upscale community 9 miles west of the Chicago Business District. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area. This accessibility not only facilitates customer traffic but also supports the convenience of commuting for employees, making the location an ideal choice for retail businesses seeking strategic connectivity. Oak Park is considered a shopping and dining destination for tourists and locals alike.


Year Built: 1922
Building Size: 8600sq ft
Lot Size: 0.31 acres


Documents

SVN - SALE Brochure
SVN - LEASE Brochure

Units for Lease

Suite 6922
Space Available: 885 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00
Suite 6912
Space Available: 1970 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00

Map of 6912-6926 W Roosevelt Road, Oak Park, IL, 60304

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.