10448 Pulaski RdOak Lawn, IL 60453

Property Details for 10448 Pulaski Rd

Year built

1969

Lot size

0.50 AC

Property size (Sq ft)

7,536 SF

Property type

Retail properties

Property subtype

Retail space

APN

24-15-204-057

APU

2415204057

Description

This exceptional Class A medical office building, located at 10448 S Pulaski Rd, Oak Lawn, IL 60453, presents a unique investment opportunity. The property boasts 7,535 to 15,000 square feet of space on a 0.5-acre lot, currently operating as the successful Longwood Arts Medical Center with 100% occupancy under a modified lease with multiple tenants. The high-traffic location sees 28,500 vehicles daily, ensuring excellent visibility and accessibility for any business. This prime Cook County property (APN 24152040570000) offers flexibility: continue operating as a multi-tenant medical facility, expand an existing practice, or redevelop the site entirely. The asking price is $1,750,000. This is a rare chance to acquire a well-established, high-performing asset in a thriving medical corridor. The property's strong performance and versatile potential make it an ideal investment for both seasoned and emerging investors. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $3,560,128

  6.5%

  $3,286,272

  7%

  $3,051,538

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,473,541

  Geo Method

  $2,473,541

• Alternative Use

  Use

  Valuation

  Residential

  $2,772,093

  Hospitality

  $2,539,222

  Educational

  $2,112,603

  Medical

  $2,185,259

  Retail

  $3,286,272

Location Insight

City

Oak Lawn

County

Cook

State

Illinois

Latitude

41.7029

Longitude

-87.7212

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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