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| 607 West Roosevelt Road | Studio | 2 bath | 2,300 sqft | $5,000 /mo | Outstanding opportunity to lease a rare freestanding commercial building in one of Chicago's busiest and most desirable commercial corridors! 607-609 W. Roosevelt Road offers 2,300+ square feet of highly flexible commercial space with two storefronts that can accommodate a single user or multiple business concepts. Unlike many competing Roosevelt Road listings that consist of individual suites within larger multi-tenant buildings, this property provides exclusive building identity, maximum branding opportunities, complete control of the interior layout, and approximately 8-10 dedicated rear parking spaces-a true rarity in this market. Offered at a transparent $5,000/month Modified Gross Lease (owner pays real estate taxes), this straightforward pricing eliminates the uncertainty of many nearby NNN listings and represents exceptional value for a standalone building in this location. The DS-3 Downtown Service District zoning supports a broad range of commercial uses including medical or dental offices, salon suites, beauty concepts, boutique fitness studios, daycare or educational facilities, professional offices, restaurants, cafes, specialty retail, showrooms, service businesses, creative offices, and established regional or national retailers seeking a flagship Chicago location. The space is intentionally offered as a build-to-suit opportunity, allowing tenants to customize the interior to meet their exact operational needs, with negotiable rent abatement and tenant improvement periods available for qualified long-term tenants. Ideally located just minutes from UIC, the Illinois Medical District, University Village, the South Loop, Downtown Chicago, I-90/94, I-290, and CTA transit, the property benefits from exceptional accessibility and approximately 24,000+ vehicles passing daily. The previous business successfully operated from this location for more than 50 years, demonstrating the long-term strength of this site. If you're looking for a highly visible standalone building with exclusive parking, flexible zoning, transparent lease terms, and tremendous upside to create your own destination business, this is one of the best leasing opportunities currently available on Roosevelt Road. |
Let's explore this property.
Building
| Business Center | Fitness Center |
Grounds
| Assigned Parking |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Outstanding opportunity to lease a rare freestanding commercial building in one of Chicago's busiest and most desirable commercial corridors! 607-609 W. Roosevelt Road offers 2,300+ square feet of highly flexible commercial space with two storefronts that can accommodate a single user or multiple business concepts. Unlike many competing Roosevelt Road listings that consist of individual suites within larger multi-tenant buildings, this property provides exclusive building identity, maximum branding opportunities, complete control of the interior layout, and approximately 8-10 dedicated rear parking spaces-a true rarity in this market. Offered at a transparent $5,000/month Modified Gross Lease (owner pays real estate taxes), this straightforward pricing eliminates the uncertainty of many nearby NNN listings and represents exceptional value for a standalone building in this location. The DS-3 Downtown Service District zoning supports a broad range of commercial uses including medical or dental offices, salon suites, beauty concepts, boutique fitness studios, daycare or educational facilities, professional offices, restaurants, cafes, specialty retail, showrooms, service businesses, creative offices, and established regional or national retailers seeking a flagship Chicago location. The space is intentionally offered as a build-to-suit opportunity, allowing tenants to customize the interior to meet their exact operational needs, with negotiable rent abatement and tenant improvement periods available for qualified long-term tenants. Ideally located just minutes from UIC, the Illinois Medical District, University Village, the South Loop, Downtown Chicago, I-90/94, I-290, and CTA transit, the property benefits from exceptional accessibility and approximately 24,000+ vehicles passing daily. The previous business successfully operated from this location for more than 50 years, demonstrating the long-term strength of this site. If you're looking for a highly visible standalone building with exclusive parking, flexible zoning, transparent lease terms, and tremendous upside to create your own destination business, this is one of the best leasing opportunities currently available on Roosevelt Road.
studio apartments at 607 West Roosevelt Road cost about 117% more than the average rent price for studio apartments in Near West Side.
| Month | Median Rent |
|---|---|
| August 2024 | $1,675 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,684 |
| June 2026 | $1,691 |
| July 2026 | $1,658 |
| August 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,290 |
| September 2024 | $2,312 |
| October 2024 | $2,106 |
| November 2024 | $2,128 |
| December 2024 | $1,980 |
| January 2025 | $1,976 |
| February 2025 | $2,042 |
| March 2025 | $2,121 |
| April 2025 | $2,190 |
| May 2025 | $2,273 |
| June 2025 | $2,267 |
| July 2025 | $2,256 |
| August 2025 | $2,211 |
| September 2025 | $2,108 |
| October 2025 | $2,092 |
| November 2025 | $2,060 |
| December 2025 | $2,087 |
| January 2026 | $2,112 |
| February 2026 | $2,184 |
| March 2026 | $2,301 |
| April 2026 | $2,339 |
| May 2026 | $2,360 |
| June 2026 | $2,370 |
| July 2026 | $2,354 |
| August 2026 | $2,307 |
Can I afford to live at 607 W Roosevelt Rd?
Bedrooms
StudioRent-to-income ratio
30%
$200,000/yr
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