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    OFF-MARKET
    Retail properties & Spaces

    3034-36 Pulaski Rd, Chicago, IL 60641

    3,650 SF Built 1928
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 3034-36 N Pulaski Road in Chicago's Avondale neighborhood, presents a compelling investment opportunity. The 3,650 square foot, single-story building, constructed in 1928, sits on a prominent corner lot at the intersection of N Pulaski Road (61 feet frontage) and W Nelson Street (64 feet frontage). Currently, the building houses two tenants: Metro PCS by T-Mobile and El Muchacho Alegre (a Mexican restaurant), along with one vacant 1,050 square foot unit. The vacant unit, previously combined with the T-Mobile space, offers separate entrances from both Pulaski and Nelson Streets. While requiring lease or renovation, it retains existing infrastructure from its former use as a laundromat, including utilities along the south wall. The building is self-managed, with utilities separately metered for each unit. Tenants are responsible for snow removal and landscaping. The property boasts a well-maintained history, with recent updates including a new roof (2019), roof maintenance (2023), and spot tuckpointing (2023). Its prime location offers excellent accessibility, situated just 0.9 miles from the Belmont Blue Line train station, with multiple bus stops, Divvy bike stations, and convenient access to expressways and Lake Shore Drive. The property is zoned COMMR. The net rentable area is 2,050 square feet. This property is ideal for owner-users or investors seeking a strong foothold in a thriving Chicago neighborhood.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1928
    Total area 3,650 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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