12003 S Pulaski RD Active

Alsip,IL 60803

$ 2600000

- Bed

0 Bath

24760 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 24,760 sqft

Price per Sqft $105

MLS Listing ID 12162059

Year Built 1975

Annual Tax Amount $140,807

Tax Year 2023

Lot Dimensions 2.11

Property Description

Concentric Realty has been retained to offer for sale this 24,760 square-foot multi-tenant shopping center, Alsip Plaza, located at 12003-12039 S Pulaski Rd, Alsip, IL. The property is currently leased to a diverse mix of national and local retailers. Most tenants are currently signed modified lease with 3-5% annual rent increase. The property features great visibility from S Pulaski Dr., right next to Jewel-Osco and Chase Bank, along with ALDI/Burger King/McD/Food4Less and more. With 10 stable tenants, Alsip Plaza is currently at 91% occupancy. This shopping center is generating attractive income with consistent annual NOI growth over last 5 years, offering an attractive investment opportunity in a thriving retail corridor.

Location

State IL

County Cook

Area Alsip / Garden Homes

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 1

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