Mixed-Use Loft
New
For Sale
$246,000
4037 N PULASKI Road, Chicago, IL 60641
Commercial Sale, Chicago, IL
Property Size1,000 SF
Lot Size0.15 Acres
Price / SF$246
Days on Market2
Property Features for 4037 N PULASKI Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OFFIC
Directions
JUST NORTH OF IRVING ON PULASKI
Subdivision
CHI - Irving Park
Standard status
Active
APN
13143260301001
Lot size
0.15 Acres
Additional Details
Property Use
Office/Retail
Condition
Move-in Ready
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7344
Utilities
Cooling system
Central Air, Heat Pump
Amenities
wide plank flooring
bar/kitchenette
private bathrooms
Building Details
Year built
2005
Floors in Building
4
Number of units
1
Listing Agency:
HomeSmart Realty Group · HomeSmart International
(630) 578-0002
Listed By:
Viorel Catarama
(708) 710-3828
Added: Oct 29
Last Checked: Oct 30 at 12:06PM
MLS# 12790553
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.
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Investment Insights
Based on property information with market context.
This mixed-use unit combines an open work area with private offices, complemented by plank flooring, a kitchenette and two private bathrooms. Central air and heat pump cooling are listed among the building systems. The property was built in 2005 and is zoned OFFIC.
The unit is at 4037 N Pulaski Road, near the Pulaski Road and Irving Park Road intersection, with access to the Kennedy Expressway.
The unit is at 4037 N Pulaski Road, near the Pulaski Road and Irving Park Road intersection, with access to the Kennedy Expressway.
Key Highlights
- Open workspace paired with private offices
- Includes a kitchenette and 2 private bathrooms
- Central air and heat pump cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,456
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,120
$429.1K
Cap Rate 7%
$306,514
$306.5K
Cap Rate 9%
$238,400
$238.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$38.4K $38.40/SF
− Vacancy
−$9.8K −$9.79/SF
EGI
$28.6K $28.61/SF
− OpEx
−$7.2K −$7.15/SF
NOI
$21.5K $21.46/SF
Area
Chicago, IL
Vacancy
25.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,120
Cap Rate 7%
$306,514
Cap Rate 9%
$238,400
Alternative Uses
Best Use
Office B
$306.5K
$268.2K – $357.6K
NOI $21,456 @ 7.0% cap · market cap 8.72%
Second Best
Mixed Use
$241.1K
$210.9K – $281.3K
NOI $16,875 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$471.5K
$412.6K – $550.1K
NOI $33,005 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,899
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - An open work area, private offices, a kitchenette and two bathrooms support a range of business activities.
Where is this mixed-use property located?
The property is located at 4037 N PULASKI Road Chicago, IL.
What is the asking price?
The asking price for this property is $246,000.
What are key features of this property?
This property features: Open workspace paired with private offices; Includes a kitchenette and 2 private bathrooms; Central air and heat pump cooling
