4818 Pulaski Rd Chicago, IL 60630
This mixed-use building at 4818 S Pulaski Rd, in Cook County's Archer Heights submarket, presents a unique investment opportunity. The 5,400 square foot building, constructed in 1934, features a two-story structure with a commercial space on the ground floor and a residential apartment on the second. Currently, the entire 5,400 square feet is vacant, offering flexibility for a variety of uses. The ground floor, previously a nightclub, comprises two available spaces, ranging from 1,998 to 2,674 square feet, ideal for retail development. These spaces can be leased individually or together. The second floor houses a two-bedroom, two-bathroom apartment with an open layout and bright walls. A full, unfinished basement provides ample storage potential. The property also boasts a sizable backyard and a two-car garage, adding further value. Located on Pulaski Road, the property enjoys excellent visibility and accessibility, with a convenient nine-minute walk to the CTA Orange Line Pulaski Station. Its proximity to major retailers like Target and Pete's Fresh Market, I-55, and Midway Airport enhances its appeal. The property sits on a half-acre lot and is zoned COMMR. Parking is available at a rate of 0.37 spaces per 1000 square feet. There are no elevators in the building. This property offers a compelling blend of commercial and residential potential in a high-traffic location.
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Rick Levin & Associates Inc. Law Firm
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
Similar Nearby for Lease
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.