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8600 S Pulaski Rd Chicago, IL 60652

Retail space Google Maps
25,500 SF 1.01 ac lot Built 1988
Entity Owned 1-yr Hold Free & Clear
Estimated value (blended)
$775k
Range $698k – $853k (±10%)
Property ID US28-1227919

Property summary

AI-generated overview

This exceptional single-story, Class B medical office building, totaling 29,336 square feet, presents a fantastic leasing opportunity in Chicago, IL. Located at 8600 S Pulaski Rd, at the hard corner of 87th Street, Pulaski Road, and Southwest Highway, this property boasts excellent visibility and accessibility. The building, renovated in 2015, features multiple tenancies and ample parking, catering to the needs of various medical practices. Two available spaces range from 2,100 to 5,000 square feet, providing flexibility for expanding or relocating businesses. The property is zoned for commercial use and is anchored by the Illinois Department of Human Services, ensuring a stable and desirable location. The interior features a beautiful, modern design, ideal for creating a welcoming and professional atmosphere for patients and staff. This property offers a unique blend of convenience, visibility, and modern amenities, making it an ideal location for medical professionals seeking a thriving practice environment in a high-traffic area of Chicago. The building's single-story design ensures easy navigation and accessibility for all. This is a rare opportunity to secure prime medical office space in a highly sought-after location. The property's strategic location and attractive features make it an exceptional investment for any medical practice. The zip code is 60652.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1988
Total area 25,500 SF
Lot 1.01 ac (43,996 SF)
APN 19-34-431-037
UPID US28-1227919

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
  • Shopping Center & Mall
  • State Government Office
  • Cosmetic Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.70M
Blend (final) Blend
$775k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2022
Price N/A
2016
$3.8M
2012
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $3.4M +64.0%
Apartment house (5+ units) $3.2M +52.3%
Auto repair, garage $3.1M +45.9%

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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