4203 N Pulaski Road Chicago, IL 60641

$1,350,000

New / MLS# 12611014 / Multi Unit - Multiple / Chicago

0 Beds

4203-05 N. Pulaski Rd. is a mixed-use investment opportunity located in the Irving Park neighborhood of Chicago. Positioned along the heavily trafficked Pulaski Road corridor, the property offers strong visibility, convenient access to public transportation and the freeway, as well as many nearby retail and dining options. The property consists of five residential units, a ground-floor commercial space, six surface parking spaces, and an additional non-conforming garden unit (Rent included in NOI, GRM, and Cap Rate). The building was renovated approximately seven years ago and has been well maintained, with no significant near-term capital improvements needed. The asset provides stable in-place income with upside potential. Rents in the area have increased meaningfully, allowing a new owner to increase revenue over time by adjusting rents as units turn over, without requiring major renovations. With its strong location, recent updates, and clear path to higher income, 4203-05 N. Pulaski Rd. offers investors a stable asset with future growth potential in a proven Chicago submarket.

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Property Details

Property Type: Multi Unit - Multiple

Cooling: Central Air

Lot Size: 0.11 Acres

Stories: 3.0

Taxes: $14,012

Year Built: 1922

Feature Descriptions

Electric: Circuit Breakers, Separate Meters

Exterior: Brick

Frontage Type: City Street, Alley Access

HVAC: Central Heat/Indiv Controls, Forced Air

Lot Dimensions: 4687

Parcel#: 13143080200000

Parking: 6-12 Spaces

Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water

Units: 6

Location

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Listing Office: Triton Realty Group LLC

Listing Office Phone: 312-788-9379