Avondale, Retail Building FOR SALE | 3034-3036 N Pulaski Rd
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Avondale, Retail Building FOR SALE 3034-3036 N Pulaski Rd
3,200 SF 67% Leased Retail Building Chicago, IL 60641 $449,000 ($140/SF)
Investment Highlights
- Located in a Trending Neighborhood, Avondale, on the hard corner of N Pulaski Rd (61’) and W Nelson St. (64’)
- Well maintained building since 2009 with recent updates: New Roof (2019), Roof Maintenance (2023), Spot Tuckpointing (2023)
- Current tenants include Metro PCS by T-Mobile and El Muchacho Alegre (Mexican Restaurant), along with one vacant unit (1,050 SF)
Executive Summary
Located in a Trending Neighborhood, Avondale, on the hard corner of N Pulaski Rd (61’) and W Nelson St. (64’). Self-managed, single story building with two tenants and three units. Current tenants include Metro PCS by T-Mobile and El Muchacho Alegre (Mexican Restaurant), along with one vacant unit (1,050 SF). Vacant unit, which used to be combined with the current T-Mobile space, has entry from Pulaski and Nelson but needs to be leased or remodeled for owner/user; both spaces used to be a laundry mat and has a lot of infrastructure still in place along the south wall in vacant unit. Utilities are separately metered and tenant is responsible for snow removal/landscaping. Well maintained building since 2009 with recent updates: New Roof (2019), Roof Maintenance (2023), Spot Tuckpointing (2023). 0.9 Miles to the Belmont Blue line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,200 SF
Building Class
C
Year Built
1928
Price
$449,000
Price Per SF
$140
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.08 AC
Zoning
B3-1, Chicago
Frontage
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 13-27-213-044-0000 | Total Assessment | $99,750 (2024) |
| Land Assessment | $31,894 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $67,856 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
13-27-213-044-0000
Land Assessment
$31,894 (2024)
Improvements Assessment
$67,856 (2024)
Total Assessment
$99,750 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Avondale, Retail Building FOR SALE | 3034-3036 N Pulaski Rd
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