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7050 Pulaski Rd Chicago, IL 60629-5824

OFF-MARKET Retail space Google Maps
92,000 SF 8.28 ac lot Built 1977
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.02M
Range $914k – $1.12M (±10%)
Property ID US28-2433724

Property summary

AI-generated overview

This exceptional retail property, located at 7050 S Pulaski Rd in Chicago, IL 60629, offers a substantial 96,268 square feet of vacant space on a 5.7-acre lot. The property is zoned PD 145 and boasts ample parking with 500 spaces available. The building features three existing exterior loading docks with the potential for expansion. The site benefits from significant street frontage along Pulaski Road, measuring 587 feet. This presents a unique opportunity for a variety of retail uses, including grocery, automotive, sales, or storage. The property is immediately available for lease. The 2023 property taxes were approximately $3.33 per square foot. This prime location in Chicago offers excellent visibility and accessibility, making it an ideal investment for a large-scale retail operation. The single-tenant occupancy allows for complete control and customization of the space. With its size, parking, and prominent location, this property represents a rare opportunity in the Chicago market. Serious inquiries are encouraged to explore the potential of this expansive retail space.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 92,000 SF
Lot 8.28 ac (360,677 SF)
APN 19-22-417-014
UPID US28-2433724

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
  • Trucking Company
  • HVAC Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.15M
Blend (final) Blend
$1.02M

Owner & transaction history

since 2024
7 recorded transactions
2025
Price N/A
2024
$2.7M
2021
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $12.4M +38.4%
Apartment house (5+ units) $11.6M +29.4%
Auto repair, garage $11.0M +23.1%

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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