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Storefront Property with Central Air
New
For Sale
$1,099,900

10637 S Pulaski Road, Chicago, IL 60655

A 1954-built storefront on South Pulaski Road includes central air conditioning.

Property Size5,300 SF
Days on Market6

Property Features for 10637 S Pulaski Road

General Information

Standard status Active
Size 5,300 SF
Net Operating Income $116,020

Site & Location

Neighborhood Mount Greenwood

Taxes and HOA fees

Annual Taxes $22,545

Amenities

Central Air

Building Details

Building Size 5,300 SF
Year Built 1954
Stories 1
Listing Agency: Realty One Group-Heartland
Listed By: Samantha Laba · License #475214393
Source: Evrealestate
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 26 at 3:47PM

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 Realty One Group-Heartland

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Investment Insights

Based on property information with market context.

This storefront property was built in 1954 and has central air conditioning. It is located at 10637 S Pulaski Road in Chicago, with the address in Cook County.

Key Highlights

  • Central air conditioning
  • Built in 1954
  • Located at 10637 S Pulaski Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$98,644
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,972,880 $2.0M
Cap Rate 7%
$1,409,200 $1.4M
Cap Rate 9%
$1,096,044 $1.1M
Market Conditions
NOI Build-Up for 5,300 SF
Gross rent
$139.9K $26.40/SF
− Vacancy
−$8.4K −$1.58/SF
EGI
$131.5K $24.82/SF
− OpEx
−$32.9K −$6.20/SF
NOI
$98.6K $18.61/SF
Area
Chicago, IL
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,972,880
Cap Rate 7%
$1,409,200
Cap Rate 9%
$1,096,044

Alternative Uses

Best Use
Specialty Retail
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,644 @ 7.0% cap · market cap 8.97%
Second Best
Retail
$1.05M
$916.6K – $1.22M (±1% cap)
NOI $73,324 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M (±1% cap)
NOI $174,925 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Income Tax Consultant The Angel Zapata Agency Consultant

Suggested Use

Top Pick Restaurant Kitchen & Bath Showroom Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon

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

373
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
22,967 visits/mo 0.0 miles
Mobil Shops & Services
8,408 visits/mo 0.4 miles
Huntington Bank Shops & Services
4,789 visits/mo 0.3 miles
CD One Price Cleaners Shops & Services
1,601 visits/mo 0.4 miles
Pantry Shops & Services
947 visits/mo 0.1 miles

Demographics for 60655, IL

27,837
Population
11,277
Households
2.5
Avg Household Size
39
Median Age
47%
College-Educated
97%
High-School Grad
4.4 sq mi
ZIP Area
6,327
Density / Sq Mi
$114,443
Median Household Income
$72,169
Median Earnings
$1,468
Median Rent
$303,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

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Frequently Asked Questions

What type of property is this?
Storefront property - A 1954-built storefront on South Pulaski Road includes central air conditioning.
Where is this storefront property located?
The property is located at 10637 S Pulaski Road Chicago, IL.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: Central air conditioning; Built in 1954; Located at 10637 S Pulaski Road
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Includes: Price & PSF · Cap rate · Location · Zoning

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