Retail Storefront with Lease
For Sale
$1,958,000
4625 S Pulaski Rd, Chicago, IL 60632
Retail storefront offered for sale featuring a recent 5-year lease extension and 767,000+ people within 5 miles.
Property Size6,974 SF
Price / SF$280.76
Days on Market157
Property Features for 4625 S Pulaski Rd
General Information
Standard status
Active
Size
6,974 SF
Property subtype
Auto Parts
Lease Type
NN
Additional Details
Business Included
Yes
Amenities
Corporate Guaranty (NYSE: AAP)
Durable Brand with Nearly 100-Year Operating History
Recent Five-Year Lease Extension with 20 Plus Year Operating History
Over $1,419,000,000 Spent on Transportation & Maintenance in a Five-Mile Radius
Chicago – Third Largest City in the United States
Building Details
Building Size
6,974 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Chicago Oak Brook
Listed By:
Dominic Sulo · License #License(s): IL: 475.134920
(630) 570-2171
Source:
Marcusmillichap
Added: May 16
Changed: Oct 17
Last Checked: Oct 16 at 5:49AM
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 Marcus & Millichap - Chicago Oak Brook
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Offered for sale, this retail storefront features a recent 5-year lease extension and totals approximately 6,974 square feet. The public remarks reference NYSE: AAP.
The property is located at 4625 South Pulaski Road in Chicago, Illinois 60632. For area context, the listing notes 767,000+ people within 5 miles.
The property is located at 4625 South Pulaski Road in Chicago, Illinois 60632. For area context, the listing notes 767,000+ people within 5 miles.
Key Highlights
- Year built: 2004
- Recent 5‑year lease extension
- 767,000+ people within 5 miles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,043
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,860
$1.5M
Cap Rate 7%
$1,072,043
$1.1M
Cap Rate 9%
$833,811
$833.8K
Market Conditions
NOI Build-Up for 6,974 SF
Gross rent
$117.2K $16.80/SF
− Vacancy
−$10.0K −$1.43/SF
EGI
$107.2K $15.37/SF
− OpEx
−$32.2K −$4.61/SF
NOI
$75.0K $10.76/SF
Area
ZIP 60632
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,860
Cap Rate 7%
$1,072,043
Cap Rate 9%
$833,811
Alternative Uses
Best Use
Retail
$1.07M
$938.0K – $1.25M
NOI $75,043 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.07M
$2.69M – $3.58M
NOI $214,830 @ 7.0% cap · market cap 10.97%
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
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
Explore this area
Business Placement
Demographics for 60632, IL
92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
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
Frequently Asked Questions
What type of property is this?
Retail space - Retail storefront offered for sale featuring a recent 5-year lease extension and 767,000+ people within 5 miles.
Where is this retail space located?
The property is located at 4625 S Pulaski Rd Chicago, IL.
What is the asking price?
The asking price for this property is $1,958,000.
What are key features of this property?
This property features: Year built: 2004; Recent 5‑year lease extension; 767,000+ people within 5 miles
