11849 S Pulaski Road Alsip, IL 60803
COMMERCIAL - Alsip, IL
Property Features for 11849 S Pulaski Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active
- APN
- 24233240060000
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 18189
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Window Unit(s)
Building Details
- Floors in Building
- 1
- Building materials
- Block
Listing agent Michael Giliano License #475135259
Listing office Compass 55 E ERIE ST STE 1C, IL (773) 482-1917
Listing date Jul 13, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property sits on a highly visible corner lot at the intersection of 119th & Pulaski (Crawford) in Alsip’s Central Business District. The lot provides ample outdoor parking and accommodates approximately 13–18 spaces, supporting day-to-day customer access.
Zoned COMMR, the listing materials describe redevelopment flexibility with examples including a fast-food or coffee drive-thru, cannabis dispensary, bank, or continued automotive use. TIF funding is noted as potentially available through Alsip’s Pulaski Road redevelopment initiatives, and the public remarks also mention the opportunity to expand by acquiring adjacent property. The current owner is retiring and the business is presented as a ready-to-operate option or redevelopment platform.
Key Highlights
- 3,000 SF concrete block corner building with a 4‑bay auto repair/tire shop layout and overhead doors
- All shop equipment included; includes dedicated office area and public restrooms
- 120V/240V power and window unit cooling; natural gas is available
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $21.60 |
| − Vacancy | −$5.5k | −$1.84 |
| EGI | $59.3k | $19.76 |
| − OpEx | −$17.8k | −$5.93 |
| NOI | $41.5k | $13.83 |
Alternative Uses
Property Analytics
Current Use by Public Records
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