7242 Roosevelt Road
, IL, 60130
Price$385,000
Beds0
Baths0
SqFtn/a
Baths0
SqFtn/a
Status:Active
Property Type:Commercial
School:
Property Type:Commercial
School:
Excellent Mixed-Use Investment Opportunity in Forest Park! Well-maintained mixed-use building featuring 3 spacious 1BR/1BA apartments above a ground-floor commercial space currently operating as a laundromat. The residential units offer large rooms and comfortable layouts that appeal to long-term tenants seeking convenient suburban living with easy access to Chicago. The laundromat tenant owns the business and is in the final six months of their lease, creating a unique opportunity for a new owner. The existing tenant has expressed willingness to sell the laundromat business in a separate transaction, offering the potential for an owner-operator or additional income stream. This property benefits from a high-visibility location along Roosevelt Road and strong neighborhood amenities. Residents enjoy easy access to shopping including Jewel-Osco, Walmart, and the Forest Park Plaza shopping area, all within walking distance. Outdoor recreation is nearby at Maple Park, just a few blocks away. The property is also well positioned; located just minutes from several universities including Concordia University Chicago, Dominican University, and Triton College, all within a short drive. Commuting is convenient with quick access to the Chicago Blue Line via the nearby Forest Park Station, plus easy connections to I-290 highway and multiple bus routes. 400-amp electrical service, emergency lighting and exit signage in the laundromat, rear office space within the commercial unit. Strong v
| Price | $385,000 | |
| Total Baths | 0 | |
| Lot Size Area | 2592 | |
| Property Type | Commercial | |
| MLS Sub type | Commercial/CIE | |
| Year Built | 1959 | |
| Directions | West of Harlem on Roosevelt Rd. | |
| Latitude | 41.864759 | |
| Longitude | -87.806266 | |
| Address | 7242 Roosevelt Road, IL 60130 | |
| Postal Code | 60130 | |
| State | IL | |
| Country | United States | |
| Listing Office | Westward360 RM | |
| Listing Office Phone | 773-572-0880 | |
| Listing Agent | Samuel Perez | |
| Listing Agent Phone | 773-706-5849 | |
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Mar 6, 2026 | |
| Listing Last Modified | Mar 8, 2026 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 10745 | |
| MLS # | MRD12585424 | |
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