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    14444 Pulaski Rd Midlothian, IL 60445

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    14444 Pulaski Rd Midlothian, IL 60445


    • Community centers
    • 6.21 lot acres
    Off-Market
    Last Sale Feb 24, 2020
    $1,574,000
    Property ID
    US28-1790526
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,735,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 14444 Pulaski Rd

    Year built
    1960
    Lot size
    6.21 lot acres
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    28-10-214-016
    APU
    2810214016

    Description

    This exceptional Midlothian, IL commercial property, located at 14444 Pulaski Road, offers a compelling value-add investment opportunity. The 63,560 square foot property sits on a high-traffic corner, boasting 24,872 vehicles per day (VPD) at a signalized intersection. Anchored by strong tenants including the Illinois Department of Motor Vehicles, Sav-A-Lot Foods, and Family Dollar, the property generates nearly $480,000 in annual income. However, significant upside potential exists with over 19,000 square feet of leasable space currently available. The property benefits from its location within a Tax Increment Financing (TIF) district and enterprise zone, making it eligible for various incentives. Situated in a densely populated area with 15,288 residents within 1 mile and 267,225 within a 5-mile radius, this property offers exceptional visibility and access to a large consumer base. Currently priced to reflect a 9% capitalization rate, projections indicate a potential increase to over 12% once fully leased, promising substantial long-term growth and high returns for investors. This strategic location, strong tenant mix, and significant value-add potential make this a rare opportunity for investors seeking to maximize their returns. The asking price is $5,500,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,855,000
      ML approach
      $1,935,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Cook
    State
    Illinois
    Longitude
    -87.719
    Latitude
    41.6301
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $238,303
    $338,087
    $169,114
    $507,201
    -
    $1,352,348
    $676,456
    $2,028,804
    More about this property
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