Hight exposure and potential location | 3441-3445 N Pulaski Rd
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Hight exposure and potential location 3441-3445 N Pulaski Rd
11,324 SF Retail Building Chicago, IL 60641 $1,200,000 ($106/SF) 11.80% Cap Rate
Investment Highlights
- Located in the bustling **city center** of Chicago, this prime real estate opportunity is a dream come true for any automotive business owner. With a
Executive Summary
Located in the bustling **city center** of Chicago, this prime real estate opportunity is a dream come true for any automotive business owner. With almost 9,000 square feet of space, this versatile property can be transformed into a dealership, body shop, or automatic shop. The second level of this property is currently leased out for residential apartments (lacy is willing and happy to stay for continual income), providing a steady source of income for the savvy investor. This property boasts ample storage space on the main level as well as in the basement (note basement pics), making it convenient for storing inventory and equipment. Some of the highlights of this property are the drive-through doors, allowing for easy access and maneuverability for large vehicles and machinery, storage space for up to 40 vehicles, space for office and showroom, and absolutely fantastic location for automotive everything This is a rare and hot opportunity for anyone looking to capitalize on the thriving automotive industry in Chicago. Don't miss out on the chance to make a lucrative investment and establish a successful automotive business in this high-demand location.
Both business and residential lessees are interested in staying to lease or be ready to move within 60 days after contract acceptance. There are lifts that will remain with the property, if the new owner is interested. There is an active Auto Dealer license that will be sold with the building at the listing price.
Both business and residential lessees are interested in staying to lease or be ready to move within 60 days after contract acceptance. There are lifts that will remain with the property, if the new owner is interested. There is an active Auto Dealer license that will be sold with the building at the listing price.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,324 SF
Building Class
C
Year Built
1972
Price
$1,200,000
Price Per SF
$106
Cap Rate
11.80%
NOI
$141,600
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.19 AC
Zoning
C-1 - Commercial
Parking
40 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
58 FT on N Pulaski Rd
Amenities
- Bus Line
Walk Score ®
Very Walkable (89)
Transit Score ®
Excellent Transit (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $120,268 | |
Land Assessment | $71,982 | Total Assessment | $192,250 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$71,982
Improvements Assessment
$120,268
Total Assessment
$192,250
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Hight exposure and potential location | 3441-3445 N Pulaski Rd
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