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Mixed Use-Offices and 6 Apartments 7922 S Pulaski Rd 9,000 SF 66% Leased Office Building Chicago, IL 60652 $1,729,237 CAD ($192.14 CAD/SF)

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EXECUTIVE SUMMARY

Once in a lifetime opportunity with this commodity mixed-use building in excellent rental location. Longtime ownership. This building was custom built by the original Gallagher & Henry Builders for their headquarters while building the luxury residential units in the Bogan Manor and Ashburn areas. The main level features two commercial/office spaces - 1N has 1,400 sq ft with private offices, two restrooms, and direct access to the two-car attached garage; 1S has 1,700 sq ft with open office spaces along with private office areas and large educational/conference room, two bathrooms, and ample storage. Each of these units has a separate GFA/CA heating system paid for by the tenant. The main level also has a large coin-operated laundry room along with individual storage closets for each residential tenant. The second level has six 4-room, 1-bedroom units - living room, dining room, galley kitchen with pantry, extra closets, and the bedroom. Each of the four corner units has two closets in the bedroom, one a walk-in. The apartments (fully rented) are all-electric, tenant paid and include the refrigerator and range/oven. The parcel has two PINs - the stated tax amount is for both PINs. Sought-after private on-site fenced parking lot for 17 vehicles - each apartment includes one space at the back of the building - recently resurfaced and upgraded. This is Flexicore construction - all face brick exterior. Each commercial unit has a furnace room. One 100-gallon water tank for the building. Many upgrades throughout. All units have leases. Building measures 50'x90' - approximately 9,000 sq ft. Overall lot size is 87'x130'. Truly a remarkable opportunity for owner-user or investor. Entire property is in excellent condition - in and out.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $164,872 $18.32
Other Income - -
Vacancy Loss - -
Effective Gross Income $164,872 $18.32
Taxes $26,102 $2.90
Operating Expenses $34,560 $3.84
Total Expenses $60,662 $6.74
Net Operating Income $104,211 $11.58

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $164,872
Annual Per SF $18.32
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $164,872
Annual Per SF $18.32
Taxes (CAD)
Annual $26,102
Annual Per SF $2.90
Operating Expenses (CAD)
Annual $34,560
Annual Per SF $3.84
Total Expenses (CAD)
Annual $60,662
Annual Per SF $6.74
Net Operating Income (CAD)
Annual $104,211
Annual Per SF $11.58

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,000 SF
Building Class
C
Year Built
1969
Price
$1,729,237 CAD
Price Per SF
$192.14 CAD
Percent Leased
66%
Building Height
2 Stories
Typical Floor Size
4,500 SF
Building FAR
0.74
Lot Size
0.28 AC
Zoning
B3-1 - Current property use is mixed use with 6 apartments and 2 office storefronts
Parking
18 Spaces
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 19-34-215-080-0000
  • 19-34-215-079-0000
Land Assessment
$23,681 CAD
Improvements Assessment
$95,567 CAD
Total Assessment
$119,248 CAD
Annual Taxes
$26,102 CAD ($2.90 CAD/SF)
Tax Year
2024
  • Listing ID: 38342520

  • Date on Market: 2025-11-05

  • Last Updated:

  • Address: 7922 S Pulaski Rd, Chicago, IL 60652

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