The Bethel Commercial Center | 304-316 N Pulaski St
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The Bethel Commercial Center 304-316 N Pulaski St
22,257 SF Vacant Retail Building Chicago, IL 60624 $2,834,940 CAD ($127 CAD/SF) 4.66% Cap Rate
Investment Highlights
- Property boasts substantial foot traffic in its bustling surroundings.
- High visibility and accessibility.
- Centrally positioned at the intersection of Lake St and Pulaski.
- Close proximity to CTA Green Line train and major public transportation hubs.
Executive Summary
Lucrative investment opportunity, strategically situated on the outskirts of Downtown Chicago, near up and coming Garfield Park. The contemporary infrastructure constructed in 2005 encompasses 22,257 sq ft, providing a sophisticated and functional workspace. Boasting a consistent high income yield, this property benefits from substantial foot traffic in its bustling surroundings. Centrally positioned at the intersection of Lake St. and Pulaski, this location ensures visibility and accessibility for maximum business impact. The building consistently attracts distinguished tenants, and is currently home to occupants such as US Bank, the Mary Crane Center, and the city of Chicago’s Attorney General's office, creating a brand of professionalism and credibility. A generous newly paved 40-space parking lot ensures easy accessibility for both tenants and visitors. The proximity to the CTA Green Line train and major public transportation hubs provides connectivity for commuters and easy transportation. Sellers financing is available.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
22,257 SF
Building Class
B
Year Built
2005
Price
$2,834,940 CAD
Price Per SF
$127 CAD
Cap Rate
4.66%
NOI
$131,983 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.70
Land Acres
0.30 AC
Opportunity Zone
Yes
Zoning
B3-5
Parking
4.35 Spaces per 1,000 SF Leased
Frontage
Amenities
- Corner Lot
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 306
- 1,309 SF
- Office/Retail
- -
- Now
- 306+308+310
- 3,984 SF
- Office/Retail
- -
- Now
Adjacent units meant for bank use.
| Space | Size | Space Use | Position | Available |
| 306 | 1,309 SF | Office/Retail | - | Now |
| 306+308+310 | 3,984 SF | Office/Retail | - | Now |
| 308+310 | 2,675 SF | Office/Retail | - | Now |
306
| Size |
| 1,309 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
306+308+310
| Size |
| 3,984 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
308+310
| Size |
| 2,675 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
308+310
| Size | 2,675 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Adjacent units meant for bank use.
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $526,203 CAD | |
| Land Assessment | $47,499 CAD | Total Assessment | $573,702 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$47,499 CAD
Improvements Assessment
$526,203 CAD
Total Assessment
$573,702 CAD
-
Mike Rastegar - Tegar LLC
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The Bethel Commercial Center | 304-316 N Pulaski St
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