Retail Space with Private
For Sale
Contact for pricing
9600-9652 S Pulaski Road #9628, Oak Lawn, IL 60453
Shopping center space is available for retail, medical, office, and service-oriented businesses.
Property Size2,101 SF
Price / SF$0.01
Days on Market23
Property Features for 9600-9652 S Pulaski Road #9628
General Information
Standard status
Active
Size
2,101 SF
Property subtype
Commercial
Additional Details
Property Use
Professional Office
Building Details
Year Built
1985
Tenancy
Multi
Listing Agency:
First In Realty, Inc.
(773) 779-3473
Listed By:
Sarah Malburg · License #898637
(708) 473-6121
Source:
Helenoliveri
Added: Oct 7
Changed: Oct 28
Last Checked: Oct 28 at 4:22PM
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 First In Realty, Inc.
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Investment Insights
Based on property information with market context.
Three spaces are offered at this retail center along Pulaski Road. The unit identified as 9628 has three private offices and two kitchenettes. Unit 9640 features an open layout, plumbing toward the rear, and two restrooms; it may be combined with Unit 9642 for approximately 3,900 square feet. Unit 9642 includes nine private rooms, two restrooms, and storage. The center has on-site customer parking and existing tenants including The Whistle, Athletico, Black Oak, Foodies, and Cutting Edge Nail Salon.
The property is near the 95th Street and Pulaski Road intersection in Oak Lawn, with surrounding retail, dining, fitness, and service businesses.
The property is near the 95th Street and Pulaski Road intersection in Oak Lawn, with surrounding retail, dining, fitness, and service businesses.
Key Highlights
- Three spaces available at a retail center on Pulaski Road
- Unit 9628 has three private offices and two kitchenettes
- Unit 9640 includes rear plumbing and two restrooms; it can combine with Unit 9642 for approximately 3,900 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,834
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,680
$556.7K
Cap Rate 7%
$397,629
$397.6K
Cap Rate 9%
$309,267
$309.3K
Market Conditions
NOI Build-Up for 2,101 SF
Gross rent
$50.4K $24.00/SF
− Vacancy
−$4.0K −$1.92/SF
EGI
$46.4K $22.08/SF
− OpEx
−$18.6K −$8.83/SF
NOI
$27.8K $13.25/SF
Area
Cook County, IL
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,680
Cap Rate 7%
$397,629
Cap Rate 9%
$309,267
Alternative Uses
Best Use
Retail
$416.6K
$364.5K – $486.0K
NOI $29,162 @ 7.0% cap · market cap 108,007.41%
Second Best
Office B
$413.8K
$362.1K – $482.8K
NOI $28,969 @ 7.0% cap · market cap 107,292.59%
Theoretical Best
Office A
$725.4K
$634.7K – $846.3K
NOI $50,777 @ 7.0% cap · market cap 188,062.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
Explore this area
Business Placement
Demographics for 60453, IL
58,362
Population
23,115
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$82,493
Median Household Income
$48,810
Median Earnings
$1,310
Median Rent
$267,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Shopping center space is available for retail, medical, office, and service-oriented businesses.
Where is this retail space located?
The property is located at 9600-9652 S Pulaski Road #9628 Oak Lawn, IL.
What are key features of this property?
This property features: Three spaces available at a retail center on Pulaski Road; Unit 9628 has three private offices and two kitchenettes; Unit 9640 includes rear plumbing and two restrooms; it can combine with Unit 9642 for approximately 3,900 SF
