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Four-Unit Mixed-Use Property
For Sale
$699,900

5550 S PULASKI Road, Chicago, IL 60629

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market23

Property Features for 5550 S PULASKI Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning MULTI
Directions TAKE PULASKI TO 5550 SOUTH, PARK IN THE REAR.
Subdivision CHI - West Elsdon
Standard status Active
APN 19152070400000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10036

Utilities

Utilities Natural Gas Available

Amenities

public laundry

Building Details

Year built 1965
Floors in Building 2
Number of units 4
Flooring type Parquet Wood
Building materials Brick
Roof type Rubber
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Uriel Ayala · License #475142841
Added: Aug 14 Changed: Aug 31 Last Checked: Sep 5 at 7:06PM
MLS# 12731981

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.

This 1965 brick mixed-use building contains three apartments and one storefront. The apartments include a three-bedroom, one-and-a-half-bath unit, a two-bedroom unit, and a one-bedroom unit; each has updated kitchens, countertops, and appliances. Additional apartment features include parquet wood flooring, an open layout, oversized bedrooms, and in-unit laundry in the largest residence. The storefront has a five-year lease in place.

Property improvements include replacement of the main heating system in 2020, two tankless gas water heaters added in 2022, a public-use washer and dryer installed in 2023, and three sump pumps replaced in 2024. The rubber roof was serviced and repaired in 2025, while new concrete was installed in the side gangway and rear parking structure that year. Five parking spaces are located behind the building. The property is zoned MULTI and offers access to the Stevenson Expressway, Orange Line train station, Pulaski Road, and commercial services in the Midway area.

Key Highlights

  • Four‑unit configuration with three apartments and one storefront
  • Three apartments feature new kitchens, countertops, and appliances
  • Storefront has a 5‑year lease in place

Property Analytics

Current Use

Margarita's Creaciones (Bike/Boat/Book/etc) Store Vanessas Flowers & Gifts (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Skin Care Clinic Electrical Service Kitchen & Bath Showroom Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

932
Businesses Nearby

Demographics for 60629, IL

114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick building combines three updated apartments, a leased storefront, and rear parking in Chicago’s Midway area.
Where is this mixed-use property located?
The property is located at 5550 S PULASKI Road Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Four‑unit configuration with three apartments and one storefront; Three apartments feature new kitchens, countertops, and appliances; Storefront has a 5‑year lease in place
More about this property
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