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Renovated Office/Retail Flex Space
For Lease
$10 SF/Yr
Pending

3242 N Pulaski Road, Chicago, IL 60641

Turn-key 3,000 SF space in Old Irving Park, Chicago.

Space SizeContact for details
Days on Market843

Property Features for 3242 N Pulaski Road

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,068

Amenities

Central air
Central Air Cooling
Low Flow Fixtures
Roof
Zoned Cooling

Building Details

Year Built 1930
Listing Agency: SENW
Listed By: AFRAM SLEPHOSH · License #475179754
Source: Corcoran
Added: Apr 23, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:49AM

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 SENW

Investment Insights

Based on property information with market context.

This newly renovated 3,000 SF office/retail flex space is located in Chicago's Old Irving Park neighborhood, with an additional 600sqft available in the basement. The property is situated near the Milwaukee and Pulaski Corridors. The space features a vanilla box setup with new bathrooms, a break room, a conference room, and water-resistant LVT flooring. It includes ample storage, a 450+ SF conference room, and two large office-style bathrooms. LED lighting is installed throughout. The space is equipped with 200AMP service and includes a narrow storage area and a full break room. The property benefits from natural light and high ceilings. Zoned B3-2, the location is suitable for shopping centers, large stores, and retail storefronts, allowing for a wider range of business types compared to B1 and B2 districts. The estimated CAM includes proportional tax, water/refuse, and insurance. Low taxes are due to residential units on the 2nd floor. The space is suitable for professional offices, furniture stores, retail stores, and service businesses.

Key Highlights

  • Newly renovated, turn‑key 3,000 SF office/retail flex space with an additional 600 SF of free basement space.
  • Low introductory rental rate of $2500/month base rent + NNN for the first year.
  • Zoned B3‑2, allowing for a wide range of business types.

Property Analytics

Current Use

Caring Tree Landscaping

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Bed & Breakfast Fish Market Clothing & Fashion Store

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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,459
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$28.32 /SF/Yr
Avg Asking Price
$5.5–$133 /SF/Yr
Price Range
14,737 SF
Avg Space Size

This space is priced 65% below the average of $28.32 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Turn-key 3,000 SF space in Old Irving Park, Chicago.
Where is this office units located?
The property is located at 3242 N Pulaski Road Chicago, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Newly renovated, turn‑key 3,000 SF office/retail flex space with an additional 600 SF of free basement space.; Low introductory rental rate of $2500/month base rent + NNN for the first year.; Zoned B3‑2, allowing for a wide range of business types.
More about this property
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