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7922 S Pulaski Rd - Mixed Use-Offices and 6 Apartments 9,000 SF Specialty Building Offered at $1,250,000 in Chicago, IL 60652

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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 ANNUAL PER SF
Gross Rental Income $119,180 $13.24
Other Income - -
Vacancy Loss - -
Effective Gross Income $119,180 $13.24
Taxes $18,868 $2.10
Operating Expenses $24,982 $2.78
Total Expenses $43,850 $4.87
Net Operating Income $75,330 $8.37

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $119,180
Annual Per SF $13.24
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $119,180
Annual Per SF $13.24
Taxes
Annual $18,868
Annual Per SF $2.10
Operating Expenses
Annual $24,982
Annual Per SF $2.78
Total Expenses
Annual $43,850
Annual Per SF $4.87
Net Operating Income
Annual $75,330
Annual Per SF $8.37

PROPERTY FACTS

Price $1,250,000
Price Per SF $138.89
Sale Type Investment or Owner User
Property Type
Specialty
  • Specialty Parking Lot
Building Size 9,000 SF
No. Stories 2
Year Built 1969
Parking Ratio 2/1,000 SF
Zoning B3-1 - Current property use is mixed use with 6 apartments and 2 office storefronts

AMENITIES

  • Air Conditioning
  • Smoke Detector
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
$17,118
Improvements Assessment
$69,082
Total Assessment
$86,200
Annual Taxes
$18,868 ($2.10/SF)
Tax Year
2024
  • Listing ID: 38342520

  • Date on Market: 11/5/2025

  • Last Updated:

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

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