11849 S Pulaski Rd, Alsip, IL 60803
For Sale
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This exceptional 0.87-acre property in Alsip, Illinois, presents a compelling redevelopment opportunity. Located at the intersection of 119th Street and Pulaski Road, this offering comprises four lots totaling approximately 37,913 square feet, with potential for expansion to 48,000 square feet by combining with an adjacent lot. The site currently includes a residential home, an industrial warehouse, a vacant 7,813 square foot parcel, and a one-story brick structure. The property is zoned B-1, allowing for diverse commercial uses, including retail and industrial development. Its strategic location offers excellent visibility and accessibility, situated near major interstates I-294, I-57, and I-80, ensuring convenient transportation links. The area boasts strong existing businesses, with nearby neighbors including McDonald's, Dunkin', and Sonic, indicating a thriving commercial environment. This versatile property is ideal for investors seeking a high-impact project with significant potential for return. The Cook County Assessor's Parcel Numbers (APN) are 24-23-324-005, 011, 012, and 013. The asking price is $815,000. Drive-thru potential is also a key feature of this location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.