5231 S Pulaski Rd - Bank FOR SALE


Chicago, IL 60632- West Elsdon
$3,300,000 USD
314-324-8792
5231 S Pulaski Rd, Chicago, IL for Sale
$3,300,000 USD
Bank - FOR SALE
1/5
null | 5.09% Cap Rate

5231 S Pulaski Rd
Chicago, IL 60632
West Elsdon


HIGHLIGHTS

  • Proximity to Major Transportation Hub: Located near Chicago’s Midway International Airport, which served approximately 21 million passengers in 2024.
  • Recent Retrofit: Fifth Third took the building as-is and plans to renovate the property, ensuring the property is in excellent condition.
  • Dense Chicago Demographics: Over 300,000 residents within a 3-mile radius support long-term demand and retail stability.
  • Absolute NNN Lease: Long term, 15 year lease with zero landlord responsibilities and 10% rent bumps every 5 years.
  • Investment Grade Credit: Fifth Third holds an investment grade credit rating of A-, providing a superior financial backing for an investor.

OVERVIEW

High CTA Ridership: The site benefits from being 1 block from the CTA “L” Pulaski station, which saw total entries of 942,000 riders in 2024, making it the Orange Line’s second highest ridership location. Excellent Highway Accessibility: Strategically located just 1.5 miles from Interstate 55, a major arterial route connecting the southwest suburbs to downtown Chicago, which sees approximately 190,000 vehicles per day—providing exceptional regional access and high visibility for commercial traffic. High Traffick Retail Corridor: Pulaski Rd. (34,440 VPD) runs throughout the entire City of Chicago, providing strong traffic counts and visibility to the immediate area. Other retailers include Jewel-Osco, McDonald’s, Chipotle, and Walgreens, among others.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

5.09%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fifth Third Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C4, Chicago

APN/PARCEL ID

19-11-300-010-0000

ASK ABOUT THIS PROPERTY

Graham GoldStream Capital PartnersMore Info
314-324-8792

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Graham GoldStream Capital PartnersMore Info
314-324-8792

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.