2008 S Pulaski Road
Chicago, IL, 60623
$525,000
12 Beds
4 Baths
0 SqFt
0.14 Acres
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MLS #MRD12741395 image #0
Well-located mixed-use building on high-traffic Pulaski Road – a hard corner with steady visibility in North Lawndale – offering three residential units above ground-floor commercial space. Excellent access to public transit, the Illinois Medical District, and the I-290 corridor, in a submarket drawing continued public and private investment along the Pulaski and Ogden corridors. The property suits an investor seeking diversified income or an owner-operator who wants to activate the ground-floor commercial space while leasing the units above. Strong value-add potential for a buyer who restores the storefront to commercial use or pursues the appropriate approvals for its current configuration. Unit configuration / use disclosure: Building comprises three residential units plus a ground-floor commercial unit (four total). The ground-floor commercial space is currently being used residentially, which is a non-conforming use. Buyer to independently verify unit count, zoning, permitted use, and legal occupancy with the City of Chicago and to satisfy itself as to any steps required to conform or continue the current use. Tax advantage: The 2025 assessment was successfully appealed at the Cook County Board of Review, reducing the assessed value from 48,063 to 32,013 – roughly a 33 pct reduction and an estimated annual savings of about $3,100. Post-appeal real estate taxes are projected in the ~$6,100-$6,400 range, meaningfully improving NOI and buyer returns. A rare mixed-use hold in an appreciating West Side submarket. Financials and lease summary available on request.

Property Details

Price:
$525,000
MLS #:
MRD12741395
Status:
Active
Beds:
12
Baths:
4
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Aug 24, 2026
Year Built:
1904
Chi – North LawndaleChinorthlawndale

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Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Brick, Stone
Parking Features
Yes, Owned
Parking Spots
2
Parking Total
2
Roof
Flat

Financial

Net Operating Income
$46,740
Tax Year
2024
Taxes
$9,692

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 06, 2026
1,355
Multi Family Listed
78
Avg DOM
$530,523
Avg List Price

Property Summary

    2008 S Pulaski Road Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $525,000

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2008 S Pulaski Road
Chicago, IL