14444 Pulaski Road, Midlothian, IL 60445
sale
$5,500,000
|
Retail
Listed By CENTURY 21 Circle
**Prime Value-Add Commercial Opportunity in Midlothian** Unlock the potential of this exceptional investment property located at **14400-46 South Crawford Ave., Midlothian**. Anchored by strong tenants such as the Illinois Department of Motor Vehicles, Sav-A-Lot Foods, and Family Dollar, this property boasts a current income of nearly 480,000 per year with significant upside potential, thanks to over 19,000 square feet of leasable space still available. ### **Key Highlights:** - **High Visibility & Traffic:** Positioned at a signalized intersection along Pulaski Road, seeing a robust **24,872 vehicles per day (VPD)**, with strong road frontage and multiple points of entry. - **Dense Population Base:** Surrounded by a thriving community, with **15,288 residents within 1 mile** and **267,225 within a 5-mile radius**. - **Exceptional Value-Add Potential:** Currently offered at a **9 cap **, with projections exceeding ** a 12 cap ** once fully leased, presenting a remarkable opportunity for long-term growth and high returns. With its **strategic location, strong tenant mix, and unparalleled value-add opportunity**, this property is ideal for savvy investors looking to maximize returns. Please note price reflects a 9 cap as more units are leased price will be adjusted Don't miss out on this high-yield commercial gem. **Contact us today** for additional information and to schedule a private showing!
Read More About This Property
Read Less About This Property
Property Features
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 270507 Sq. Ft.
- MLSID: 12262819
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Tax Year: 2022
- Taxes: $229101.00
- Year Built: 1960
Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
