Multi-Suite Retail
For Sale
Contact for pricing
9600-9652 S Pulaski Road #9640, Oak Lawn, IL 60453
Three available suites offer layouts suited to retail, medical, professional office, and service-oriented businesses.
Property Size2,101 SF
Price / SF$0.01
Days on Market23
Property Features for 9600-9652 S Pulaski Road #9640
General Information
Standard status
Active
Size
2,101 SF
Property subtype
Commercial
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 4:23PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Three retail suites are available in a shopping center built in 1985. Unit 9640 has 1,831 square feet of mostly open space, rear plumbing infrastructure, and two restrooms; it can be joined with Unit 9642 for approximately 3,900 square feet. Unit 9642 contains nine private rooms, two restrooms, and storage. Unit 9628 provides three private offices and two kitchenettes.
The center fronts Pulaski Road in Oak Lawn and has on-site parking. Nearby retail and fitness destinations cluster around the 95th Street and Pulaski Road intersection. Existing tenants include The Whistle, Athletico, Black Oak, Foodies, and Cutting Edge Nail Salon.
The center fronts Pulaski Road in Oak Lawn and has on-site parking. Nearby retail and fitness destinations cluster around the 95th Street and Pulaski Road intersection. Existing tenants include The Whistle, Athletico, Black Oak, Foodies, and Cutting Edge Nail Salon.
Key Highlights
- Three available suites: 1,831 SF, 2,101 SF, and 1,722 SF
- Unit 9640 features an open layout, rear plumbing infrastructure, and two restrooms
- Units 9640 and 9642 can combine 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 - Three available suites offer layouts suited to retail, medical, professional office, and service-oriented businesses.
Where is this retail space located?
The property is located at 9600-9652 S Pulaski Road #9640 Oak Lawn, IL.
What are key features of this property?
This property features: Three available suites: 1,831 SF, 2,101 SF, and 1,722 SF; Unit 9640 features an open layout, rear plumbing infrastructure, and two restrooms; Units 9640 and 9642 can combine for approximately 3,900 SF
