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12119 Pulaski Rd Alsip, IL 60803-1223

OFF-MARKET Retail space Google Maps
864 SF 0.69 ac lot Built 1984
Entity Owned Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US28-1810274

Property summary

AI-generated overview

This thriving Alsip, Illinois restaurant presents a unique investment opportunity. The Dakota Inn, a well-established business operating for 29 years, boasts a 1,500 square foot building situated on a 0.69-acre lot. The property is zoned B2 and offers ample parking, including rear, front, and side spaces. The lot was recently resealed in 2023. Inside, you'll find high-top and bar seating, complemented by an outdoor patio with seating for live music (weather permitting). The kitchen, located on the main floor and in the basement, is equipped for catering and offers ample space for restaurant operations or carry-out service. The business includes a jukebox and darts, with gaming currently generating approximately $260,000 annually. Additionally, the business receives 50% of ATM fees. All employees are on payroll, and all equipment is owned. Food sales have shown consistent growth over the past two years. The asking price for this turnkey operation is $1,500,000, translating to $1,000 per square foot. This represents a compelling opportunity to acquire a profitable, established business with significant growth potential in a desirable location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Total area 864 SF
Lot 0.69 ac (30,000 SF)
APN 24-26-101-007
UPID US28-1810274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2025
Last sale
$275,000
4 recorded transactions
2025
$275,000
1998
$165,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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