4758 Pulaski RdChicago, IL 60632

Property Details for 4758 Pulaski Rd

Year built

1940

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.13 AC

Property size (Sq ft)

6,654 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

19-10-207-048

APU

1910207048

Description

This well-established Chicago bar and restaurant, located at 4758 S Pulaski Rd in the Archer Heights neighborhood (zip code 60632), presents a unique owner-user opportunity. The 6,654 square foot, single-tenant property features a fully operational bar currently operating three days a week, offering significant potential for increased revenue by expanding operating hours. The property includes a three-bedroom, two-bathroom apartment above, recently painted, providing an additional income stream or owner living space. The bar boasts a state-of-the-art Dass sound system, smart lighting system, video monitoring, concert speakers, three bars, and three separate entrances. A walk-in cooler and full basement offer ample storage and expansion possibilities. The roof was replaced in 2022. The property benefits from a high traffic count of 30,300 vehicles per day (IDOT data). Archer Heights is a mid-sized residential neighborhood with a population of approximately 14,000, offering relatively affordable housing options and local amenities including a library branch with Polish and Spanish language materials. The asking price for this fee-simple property is $1,400,000. This is a Class C property.

• CAP approach

  CAP return

  Valuation

  6%

  $2,651,624

  6.5%

  $2,447,652

  7%

  $2,272,820

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,343,359

  Geo Method

  $1,343,359

• Alternative Use

  Use

  Valuation

  Residential

  $2,447,652

  Hospitality

  $2,242,036

  Educational

  $1,865,348

  Medical

  $1,929,500

  Retail

  $2,901,652

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8062

Longitude

-87.7239

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].