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Property profile & analytics
OFF-MARKET Estimated value $1,735,000
Community centers

14444 Pulaski Rd Midlothian, IL 60445

6.21 ac lot Built 1960
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US28-1790526
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1960
Lot 6.21 ac (270,508 SF)
APN 28-10-214-016
UPID US28-1790526
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
AI Approach AI
$1.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.74M
Owner & transaction history
Four Feathers Properties LLC · 6 yrs held
Four Feathers Properties LLC
since 2020
Last sale
$1.6M
7 recorded transactions
2025
Price N/A
2025
Price N/A
2022
Price N/A
2020
Price N/A
2020
$1.6M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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