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Four-Unit Mixed-Use Property
New
For Sale
$689,900

5550 S PULASKI Road, Chicago, IL 60629

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market5

Property Features for 5550 S PULASKI Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning MULTI
Directions TAKE PULASKI TO 5550 SOUTH, PARK IN THE REAR.
Subdivision CHI - West Elsdon
Standard status Active
APN 19152070400000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10036

Utilities

Utilities Natural Gas Available

Building Details

Year built 1965
Floors in Building 2
Number of units 4
Flooring type Parquet Wood
Building materials Brick
Roof type Rubber
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Uriel Ayala · License #475142841
Added: Sep 17 Changed: Sep 21 Last Checked: Sep 21 at 5:06PM
MLS# 12763006

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.

Investment Insights

Based on property information with market context.

Built in 1965, this brick mixed-use property contains three apartments and a ground-floor storefront. The residential unit mix includes a three-bedroom, one-and-a-half-bath apartment, a two-bedroom apartment, and a one-bedroom apartment. Apartment improvements include new kitchens, countertops, and appliances, while select units provide in-unit laundry and open living areas. The storefront is subject to a 5-year lease. Zoning is MULTI, and the property includes a rubber roof, parquet wood flooring, and natural gas availability.

The 0.1435-acre property is located at 5550 S Pulaski Road in Chicago’s 60629 ZIP code. Access is available to the Stevenson Expressway and Orange Line train station, with nearby commercial activity along Pulaski Road. Five parking spaces are positioned behind the building. Recent capital work includes replacement of the main heating system in 2020, installation of 2 tankless gas water heaters in 2022, a public-use washer and dryer in 2023, replacement of 3 sump pumps in 2024, and roof repairs and new cement work in 2025.

Key Highlights

  • Four‑unit configuration with three apartments and one storefront
  • Three apartments include new kitchens, countertops, and appliances
  • 5‑year lease in place for the storefront

Property Analytics

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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

3
Residential units
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - Brick building combines three updated apartments with a leased storefront and rear parking.
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 $689,900.
What are key features of this property?
This property features: Four‑unit configuration with three apartments and one storefront; Three apartments include new kitchens, countertops, and appliances; 5‑year lease in place for the storefront
More about this property
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