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Mixed-Use Property With Storefront
For Sale
$729,900

5550 S PULASKI Road, Chicago, IL 60629

Four-unit building with updated apartments, leased retail space, rear parking, and MULTI zoning.

Property Size5,698 SF
Days on Market8

Property Features for 5550 S PULASKI Road

General Information

Standard status Active
Size 5,698 SF
Total Parking Spaces 5
Property subtype Commercial
Zoning MULTI

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $10,036

Building Details

Building Size 5,698 SF
Year Built 1965
Stories 2
Units 4
Tenancy Multi
Listing Agency: RE/MAX Mi Casa
Listed By: Uriel Ayala · License #475142841
Source: Ozmentrealestate
Added: Aug 14 Changed: Aug 19 Last Checked: Aug 20 at 3:03PM

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 RE/MAX Mi Casa

Investment Insights

Based on property information with market context.

Built in 1965, this mixed-use property combines three updated apartments with a storefront under one roof. Apartment 1 includes 3 bedrooms, 1.5 baths, oversized bedrooms, an open layout, and in-unit laundry. Apartment 2 offers 2 bedrooms, while Apartment 3 provides a spacious 1-bedroom layout. Each apartment has a newer kitchen with updated countertops and appliances. The storefront is subject to a 5-year lease. Property improvements include a replacement main heating system completed in 2020, 2 tankless gas water heaters installed in 2022, a public-use washer and dryer added in 2023, 3 replacement sump pumps in 2024, and roof repairs and service completed in 2025. New cement was installed in the side gangway and rear parking structure in 2025. Five parking spaces are located behind the building. The property is near the Stevenson Expressway, Orange Line train station, Pulaski Road, and commercial amenities in the Midway area.

Key Highlights

  • 4‑unit mixed‑use property with 3 apartments and a storefront
  • Apartment mix includes 3 bedrooms, 1.5 baths; 2 bedrooms; and 1 bedroom
  • Each apartment features new kitchens, countertops, and appliances

Property Analytics

Current Use

Margarita's Creaciones (Bike/Boat/Book/etc) Store Vanessas Flowers & Gifts (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Skin Care Clinic Electrical Service Kitchen & Bath Showroom Building Supply Storage Facility

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

932
Businesses Nearby

Demographics for 60629, IL

114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-unit building with updated apartments, leased retail space, rear parking, and MULTI zoning.
Where is this mixed-use property located?
The property is located at 5550 S PULASKI Road Chicago, IL.
What is the asking price?
The asking price for this property is $729,900.
What are key features of this property?
This property features: 4‑unit mixed‑use property with 3 apartments and a storefront; Apartment mix includes 3 bedrooms, 1.5 baths; 2 bedrooms; and 1 bedroom; Each apartment features new kitchens, countertops, and appliances
More about this property
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