For Sale
$5,500,000

14444 Pulaski Rd Midlothian, IL 60445

High-yield property with strong tenants & upside.

Overview

Added:
Feb 3
Days on market:
77
This exceptional Midlothian, IL commercial property, located at 14444 Pulaski Road, offers a compelling value-add investment opportunity. The 63,560 square foot property sits on a high-traffic corner, boasting 24,872 vehicles per day (VPD) at a signalized intersection. Anchored by strong tenants including the Illinois Department of Motor Vehicles, Sav-A-Lot Foods, and Family Dollar, the property generates nearly $480,000 in annual income. However, significant upside potential exists with over 19,000 square feet of leasable space currently available. The property benefits from its location within a Tax Increment Financing (TIF) district and enterprise zone, making it eligible for various incentives. Situated in a densely populated area with 15,288 residents within 1 mile and 267,225 within a 5-mile radius, this property offers exceptional visibility and access to a large consumer base. Currently priced to reflect a 9% capitalization rate, projections indicate a potential increase to over 12% once fully leased, promising substantial long-term growth and high returns for investors. This strategic location, strong tenant mix, and significant value-add potential make this a rare opportunity for investors seeking to maximize their returns. The asking price is $5,500,000.

Property Details for 14444 Pulaski Rd

Property type
Commercial real estate
Square Feet
63,560 SF
Year Built
1960

Location Insight

City
Midlothian
County
Cook
State
Illinois
Latitude
41.62956
Longitude
-87.71945
14444 Pulaski Rd, Midlothian, Illinois

FAQs

What type of property is this?
Commercial real estate - High-yield property with strong tenants & upside.
Where is the commercial real estate located?
The property is located at 14444 Pulaski Rd Midlothian, IL.
What is the asking price?
The asking price for this property is $5,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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14444 Pulaski Rd
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