9600 Pulaski RdOak Lawn, IL 60453

Property Details for 9600 Pulaski Rd

Year built

1984

Lot size

2.48 AC

Property type

Retail space

APN

24-10-212-047

APU

2410212047

Description

Oak Lawn Plaza offers exceptional medical office space in a thriving Cook County location. This Class C retail center boasts 24,685 total square feet, with 1,722 square feet currently vacant, offering multiple tenancy options. The available space ranges from approximately 1,722 to 1,831 square feet, ideal for a variety of medical practices. The property enjoys high visibility and traffic, situated near a major intersection with 28,000 vehicles per day (VPD) and a half-block from an area with 71,000 VPD. This established retail center is part of a mature Oak Lawn market, just outside Chicago's Southwest side, characterized by strong demographics and retail activity. The property is already home to successful businesses such as Cutting Edge Hair Salon and Athletico, providing a strong tenant mix and a vibrant atmosphere. This presents a unique opportunity for medical professionals seeking high visibility and a prime location within a well-established commercial center. The property type is classified as Retail, Office, and Restaurant, reflecting its diverse and successful tenant base.

• CAP approach

  CAP return

  Valuation

  6%

  $51,034,640

  6.5%

  $47,108,896

  7%

  $43,743,976

• Comparable approach

  Method

  Valuation

  Relative Method

  $35,458,360

  Geo Method

  $35,458,360

• Alternative Use

  Use

  Valuation

  Residential

  $39,738,116

  Hospitality

  $36,399,904

  Educational

  $30,284,292

  Medical

  $31,325,814

  Retail

  $47,108,896

Location Insight

City

Oak Lawn

County

Cook

State

Illinois

Latitude

41.7177

Longitude

-87.7218

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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