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Commercial Land with Medical Complex
For Sale
$1,550,000

10448 S Pulaski Road, Oak Lawn, IL 60453

Commercial land currently occupied by a neighborhood medical and office complex with multiple tenants in place.

Property SizeContact for details
Days on Market784

Property Features for 10448 S Pulaski Road

General Information

Standard status Active
Property subtype LAND

Taxes and HOA fees

Annual Taxes $55,969
Listing Agency: Olsick Realty, Inc.
Listed By: Timothy Olsick · License #471013075
Source: Dawnmckennagroup
Added: Jun 28, 2024 Changed: Aug 18 Last Checked: Aug 19 at 4:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Olsick Realty, Inc.

Investment Insights

Based on property information with market context.

This commercial land parcel is currently occupied by the Longwood Arts Medical Center, a neighborhood medical and office complex with several tenants already in place. The existing property can accommodate continued medical or office use, while the source information also identifies demolition and redevelopment as an alternative for a purchaser.

The site fronts S Pulaski Road at 10448 S Pulaski Road in Oak Lawn, Illinois, with reported traffic of 28,500 vehicles per day. Its existing medical and office use provides a defined commercial context for the property.

Key Highlights

  • Current use is the Longwood Arts Medical Center
  • Several tenants are already in place
  • Reported traffic is 28,500 vehicles per day

Property Analytics

Current Use

Northwestern Medicine Kidney ... Physician Hope Wellness Medical Clinic Nora T Bellosa ... Pediatrician Clinicians Family Health ... Medical Clinic vIVe Vitamins Hydration ... Alternative Medicine Practice

Suggested Use

Top Pick Restaurant Law Firm Hair Salon Grocery & Convenience Store Food Market Building Supply

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

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby

Demographics for 60453, IL

58,362
Population
23,115
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$82,493
Median Household Income
$48,810
Median Earnings
$1,310
Median Rent
$267,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land currently occupied by a neighborhood medical and office complex with multiple tenants in place.
Where is this commercial land located?
The property is located at 10448 S Pulaski Road Oak Lawn, IL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Current use is the Longwood Arts Medical Center; Several tenants are already in place; Reported traffic is 28,500 vehicles per day
More about this property
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