Historic Live-Work
For Sale
$2,750,000
2733 N Pulaski Rd, Chicago, IL 60639
Historic bowtruss construction combines a dedicated work area with a residential interior and integrated amenities.
Property Size7,200 SF
Price / SF$381.94
Days on Market48
Property Features for 2733 N Pulaski Rd
General Information
Standard status
Active
Size
7,200 SF
Total Parking Spaces
4
Site & Location
Neighborhood
North Side
Building Details
Year Built
1927
Buildings
1
Listing Agency:
Baird & Warner
Listed By:
Vincent Anzalone · License #475167321
(312) 265-8000
Source:
Liveliferealty
Added: Sep 13
Changed: Oct 26
Last Checked: Oct 7 at 2:58PM
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 Baird & Warner
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Investment Insights
Based on property information with market context.
Built in 1927, this 7,200-square-foot live-work property occupies a historic bowtruss building and combines dedicated business space with an extensively appointed residence. The work area includes a bedroom, separate office, and full bathroom, while the residential portion features an open dining area with ceilings exceeding 20 feet, a custom kitchen with designer appliances, theater room, bar, living area, primary suite, and two additional bedrooms. Interior finishes include marble surfaces, heated floors, stained glass, custom cabinetry, and an infrared sauna.
A central courtyard atrium anchors the interior, with heated marble flooring, an 80-foot skylight, additional pyramid skylights, a combined spa and pool, and a gas fireplace. The property also includes a workout room, two separate heated two-car garages, and an Energy Recovery Ventilation system. Live-work zoning and the address on N Pulaski Road in Chicago support the property’s combined commercial and residential format.
A central courtyard atrium anchors the interior, with heated marble flooring, an 80-foot skylight, additional pyramid skylights, a combined spa and pool, and a gas fireplace. The property also includes a workout room, two separate heated two-car garages, and an Energy Recovery Ventilation system. Live-work zoning and the address on N Pulaski Road in Chicago support the property’s combined commercial and residential format.
Key Highlights
- 7,200‑square‑foot live‑work property in a 1927 historic bowtruss building
- Dedicated work area with bedroom, separate office, and full bathroom
- Courtyard atrium includes heated marble floors, an 80‑foot skylight, pyramid skylights, and a combined spa and pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,325
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,386,500
$3.4M
Cap Rate 7%
$2,418,929
$2.4M
Cap Rate 9%
$1,881,389
$1.9M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$307.6K $42.72/SF
− Vacancy
−$81.8K −$11.36/SF
EGI
$225.8K $31.36/SF
− OpEx
−$56.4K −$7.84/SF
NOI
$169.3K $23.52/SF
Area
ZIP 60639
Vacancy
26.60%
Lease Rate
$42.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,386,500
Cap Rate 7%
$2,418,929
Cap Rate 9%
$1,881,389
Alternative Uses
Best Use
Office B
$2.42M
$2.12M – $2.82M
NOI $169,325 @ 7.0% cap · market cap 6.16%
Second Best
Mixed Use
$1.60M
$1.40M – $1.86M
NOI $111,780 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$3.18M
$2.79M – $3.71M
NOI $222,843 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,899
Businesses Nearby
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Business Placement
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
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Market
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Live-work space - Historic bowtruss construction combines a dedicated work area with a residential interior and integrated amenities.
Where is this live-work space located?
The property is located at 2733 N Pulaski Rd Chicago, IL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 7,200‑square‑foot live‑work property in a 1927 historic bowtruss building; Dedicated work area with bedroom, separate office, and full bathroom; Courtyard atrium includes heated marble floors, an 80‑foot skylight, pyramid skylights, and a combined spa and pool
