Created date: May 16, 2024
Date last updated: May 16, 2024
- 42 Updated Apartments Including Stainless Steel Appliances, Quartz Counters & Individual HVAC
- Less Than a Mile from DePaul University, Roosevelt University, Columbia College, and the School of the Art Institute
- Two Successful Ground Level Retail Spaces Currently Leased To 2026 & 2030
- Income-Producing T-Mobile Cell Phone Antenna on the Roof Leased Through 2033
- Ideal South Loop Location Blocks to Chicago's Museum Campus Including the Field Museum, Shedd Aquarium, Adler Planetarium & More
- Steps to Roosevelt CTA Station & Countless Retail/Restaurant Options on Michigan Avenue
Property Description
Essex Realty Group, Inc. has been exclusively engaged to market for sale, 30 East Roosevelt Road, a 44-unit mixed-use property located in Chicago’s popular South Loop neighborhood. The building includes 42 apartments, along with two successful ground level retail spaces. The building has a great unit mix of 1 bedrooms, 2 bedrooms, and studio apartments which all feature finishes including hardwood & carpeted floors, stainless steel appliances, quartz counters, custom cabinets, individual HVAC and laundry facilities on site. The building’s retail spaces include “Chopsticks”, a 1,205 SF restaurant currently leased through April 2026 and “Sweet Bean”, a bakery currently leased through February 2030. In addition, there is a T-Mobile cell phone antenna on the roof.
The property is ideally situated on the northwest corner of Roosevelt Road and Wabash Avenue, two buildings East of the CTA Roosevelt L stop, and less than a half mile to the Museum Campus Station, making this an excellent location within the South Loop neighborhood. Quick access to the Green, Orange & Red CTA Lines, along with several bus stops, Lake Shore Drive & the Kennedy Expressway, offers tenants a variety of excellent transportation options. 30 East Roosevelt is a rare opportunity to own a unique mixed-use building, just blocks from Chicago’s popular Museum Campus including the Field Museum, Shedd Aquarium, Adler Planetarium, Solder Field & Grant Park, and countless retail & restaurant options along Michigan Avenue. Additionally, the property is less than a mile to DePaul University, Roosevelt University, Columbia College, and the School of the Art Institute.