High-Traffic Retail Corridor
5231 S Pulaski Rd Chicago, IL
For Sale
Contact for pricing
Retail property in high-traffic Chicago location near transportation.
Property Size6,600 SF
Lot Size1.14 Acres
Price / SF$480.27
Days on Market254
Property Features for 5231 S Pulaski Rd
General Information
- Standard status
- Active
- Size
- 6,600 SF
- Lot size
- 1.14 Acres
- Property subtype
- RETAIL
Listing Agency:
STREAM Capital Partners
(314) 324-8792
Listed By:
Graham Gold · License #475152062
Source:
Moodyscre
Added: Nov 11, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:59AM
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 STREAM Capital Partners
Investment Insights
Based on property information with market context.
This retail property is situated in a high-traffic corridor on Pulaski Road, which experiences 34,440 vehicles per day throughout the City of Chicago, offering strong traffic counts and visibility. The location is near other retailers, including Jewel-Osco, McDonald’s, Chipotle, and Walgreens. The property is located near Chicago’s Midway International Airport, which served approximately 21 million passengers in 2024. The site is one block from the CTA “L” Pulaski station, which saw total entries of 942,000 riders in 2024. It is located 1.5 miles from Interstate 55, a major route connecting the southwest suburbs to downtown Chicago, which sees approximately 190,000 vehicles per day. The property is planned to be renovated to ensure it is in excellent condition. The surrounding area has over 300,000 residents within a 3-mile radius.
Key Highlights
- High CTA ridership: Just a block from the 'L' Pulaski station, with significant entries.
- High traffic retail corridor: Located on Pulaski Rd. with strong visibility and nearby retailers.
- Dense Chicago demographics: Benefits from a large residential base in the surrounding area.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.2k | $26.40 |
| − Vacancy | −$10.5k | −$1.58 |
| EGI | $163.8k | $24.82 |
| − OpEx | −$40.9k | −$6.20 |
| NOI | $122.8k | $18.61 |
6,600 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.75M
$1.54M – $2.05M
NOI $122,839 @ 7.0% cap · market cap 3.88%
Second Best
Retail
$1.30M
$1.14M – $1.52M
NOI $91,310 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$3.11M
$2.72M – $3.63M
NOI $217,832 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bank of America ATM ...
Atm
FAQs
What type of property is this?
Bank - Retail property in high-traffic Chicago location near transportation.
Where is this bank located?
The property is located at 5231 S Pulaski Rd Chicago, IL.
What is the asking price?
The asking price for this property is $3,169,800.
What are key features of this property?
This property features: High CTA ridership: Just a block from the 'L' Pulaski station, with significant entries.; High traffic retail corridor: Located on Pulaski Rd. with strong visibility and nearby retailers.; Dense Chicago demographics: Benefits from a large residential base in the surrounding area.
