106 Pulaski Rd Calumet City, IL 60409-4269
- Residential income homes
- 1,800 SF
- 0.08 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 106 Pulaski Rd
- Year built
- 1915
- Construction
- FRAME
- Lot size
- 0.08 lot acres
- Property size
- 1,800 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 30-08-414-034
- APU
- 3008414034
Description
This 1,900-square-foot mixed-use property in Calumet City, Illinois, presents a compelling owner-user or investment opportunity. Located at 106 Pulaski Road, this single-story, 1916-built building (renovated in 2024) sits on a 3,332-square-foot lot and includes two units: a turnkey beauty salon and a spacious apartment. The salon, currently listed for $1,200/month, features ceramic flooring, security cameras, and all necessary equipment. The apartment, nearly 1400 square feet, boasts new vinyl plank flooring, recently refinished cabinets, updated appliances (less than 3 years old), and new central air conditioning (approximately 3 years old). The apartment is currently leased for $1,750/month until June 25th. The property offers a projected net operating income (NOI) of $24,948, resulting in a 12.99% pro-forma capitalization rate. The roof is approximately six years old. Two parking spaces are available. Separate utilities serve both units. The property is fee simple ownership, with a gross lease in place for one year, commencing July 1, 2024, and expiring June 30, 2025. The Cook County APN is 30084140340000. This property offers excellent visibility on Pulaski Road (154th St), just east of Wentworth. An unfinished basement provides ample storage. The units can be rented separately, or an interior wall can be opened to create a combined live/work space. This is a turn-key opportunity with strong potential for income and flexibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Calumet City
- County
- Cook
- State
- Illinois
- Longitude
- -87.528
- Latitude
- 41.6157
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA