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    6050 Pulaski Rd Chicago, IL 60629

    Sponsored
    For Sale
    $549,900

    High-traffic location, income-producing property

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This 5,310 sq ft lot in Chicago, IL (60629) features a two-story brick building situated on Pulaski Road, a high-traffic area. The ground floor boasts a currently rented commercial storefront with a two-year lease in place. The tenant is responsible for all utilities. The upper level comprises a vacant four-bedroom apartment featuring skylights and a separate dining area. This presents a unique opportunity for investors seeking a blend of rental income and potential for future development or lease expansion. The property's convenient location offers easy access to Midway Airport, various shopping options, restaurants, and public transportation. The asking price is $549,900. The property is zoned for commercial use and is located in Cook County. The address is 6050 S Pulaski Road, Chicago, IL 60629. This property is ideal for investors looking for a mixed-use opportunity with immediate rental income and significant upside potential.

    Property Features for 6050 Pulaski Rd

    General Information

    Property type
    Land

    HighLights

    • 5,310 sq ft lot in Chicago, IL (60629) with a two‑story brick building on high‑traffic Pulaski Road.
    • Ground floor features a rented commercial storefront with a two‑year lease; tenant pays all utilities.
    • Vacant four‑bedroom upper‑level apartment with skylights and separate dining area.
    • $549,900 asking price; zoned commercial; located in Cook County at 6050 S Pulaski Road, Chicago, IL 60629.
    • Mixed‑use investment opportunity with immediate rental income and upside potential; near Midway Airport, shopping, restaurants, and public transit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Psychic Readings by ... Psychic Prosper Skate Shop Skate Shop Ultra Mobile Mobile Phone Repair Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7231572
    Latitude
    41.7826439

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    FAQs

    What type of property is this?
    Land - High-traffic location, income-producing property
    Where is this land located?
    The property is located at 6050 Pulaski Rd Chicago, IL.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: 5,310 sq ft lot in Chicago, IL (60629) with a two-story brick building on high-traffic Pulaski Road.; Ground floor features a rented commercial storefront with a two-year lease; tenant pays all utilities.; Vacant four-bedroom upper-level apartment with skylights and separate dining area.
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    6050 Pulaski Rd Chicago, IL 60629
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    6050 Pulaski Rd
    Chicago, IL 60629
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6050 Pulaski Rd Chicago, IL 60629
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