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Retail Space with Private Offices
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9600-9652 S Pulaski Road #9642, Oak Lawn, IL 60453

The shopping center provides on-site customer parking and access to established businesses along Pulaski Road.

Property Size2,101 SF
Price / SF$0.01
Days on Market23

Property Features for 9600-9652 S Pulaski Road #9642

General Information

Standard status Active
Size 2,101 SF
Property subtype Retail

Additional Details

Tenant in Place Yes
Property Use Retail, Medical, Professional Office, Service

Building Details

Year Built 1985
Tenancy Multi
Listing Agency: First In Realty, Inc.
Listed By: Sarah Malburg · License #898637
Source: Helenoliveri
Added: Oct 7 Changed: Oct 28 Last Checked: Oct 28 at 6:43AM

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.

Rey
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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 at 9600–9652 S Pulaski Road in Oak Lawn. Unit 9642 contains 2,101 square feet, nine private rooms, two restrooms, and storage. The 1,831-square-foot Unit 9640 has a mostly open layout, plumbing at the rear, and two restrooms. Unit 9628 offers 1,722 square feet, three private offices, and two kitchenettes. Units 9640 and 9642 can be combined for approximately 3,900 square feet. The center was built in 1985.

The property is along Pulaski Road, near the 95th Street intersection, with on-site parking and neighboring retail, dining, fitness, and service businesses. Existing tenants include The Whistle, Athletico, Black Oak, Foodies, and Cutting Edge Nail Salon. The suite layouts accommodate a range of retail, medical, office, and service uses.

Key Highlights

  • Three available suites: 2,101 SF, 1,831 SF, and 1,722 SF
  • Units 9640 and 9642 can be combined for approximately 3,900 SF
  • Unit 9642 has nine private rooms, two restrooms, and storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,162
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,240 $583.2K
Cap Rate 7%
$416,600 $416.6K
Cap Rate 9%
$324,022 $324.0K
Market Conditions
NOI Build-Up for 2,101 SF
Gross rent
$45.4K $21.60/SF
− Vacancy
−$3.7K −$1.77/SF
EGI
$41.7K $19.83/SF
− OpEx
−$12.5K −$5.95/SF
NOI
$29.2K $13.88/SF
Area
Cook County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,240
Cap Rate 7%
$416,600
Cap Rate 9%
$324,022

Alternative Uses

Best Use
Retail
$416.6K
$364.5K – $486.0K (±1% cap)
NOI $29,162 @ 7.0% cap · market cap 108,007.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$725.4K
$634.7K – $846.3K (±1% cap)
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

Retail space

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Spa & Massage Center Computer & Electronic Repair Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

1,389
Businesses Nearby
499k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 35% Dining 31% Groceries 13% Home Improvements & Furnishings 11%
Target Superstores
176,142 visits/mo 0.3 miles
Portillo's Dining
71,400 visits/mo 0.2 miles
Jewel-Osco Groceries
64,419 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
54,245 visits/mo 0.3 miles
LongHorn Steakhouse Dining
23,807 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The shopping center provides on-site customer parking and access to established businesses along Pulaski Road.
Where is this retail space located?
The property is located at 9600-9652 S Pulaski Road #9642 Oak Lawn, IL.
What are key features of this property?
This property features: Three available suites: 2,101 SF, 1,831 SF, and 1,722 SF; Units 9640 and 9642 can be combined for approximately 3,900 SF; Unit 9642 has nine private rooms, two restrooms, and storage
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