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27519584
27519585

5231 S Pulaski Rd, Chicago, IL 60632

DR
IL IL 475.151752
Baum Realty Group
MF
IL IL 475.143580
Baum Realty Group
GG
IL 475164964
Stream Capital Partners
JS
IL 475152062
Stream Capital Partners
Listed by Baum Realty Group, Stream Capital Partners
$3,054,000
237 days on market
Updated 9 days ago

Fifth Third Bank

Details
Property Type Retail
Sub Type Bank
Square Footage 6,600
Cap Rate 5.5%
NOI $168,000
Occupancy 100%
Tenancy Single
Brand/Tenant Fifth Third Bank
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2040
Remaining Term 14.3
Rent Bumps Yes
Lease Options 4, 5-year options
Broker Co-Op Yes
Year Renovated 2025
Acreage 1.140
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/15/2025
Ground Lease No

15 Year Abs. NNN Lease | Infill Chicago Location

Marketing description

Investment highlights

  • 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.

  • Proximity to Major Transportation Hub: Located near Chicago’s Midway International Airport, which served approximately 21 million passengers in 2024.

  • 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.

  • 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.

Listing Contacts

DR
IL IL 475.151752
Baum Realty Group
MF
IL IL 475.143580
Baum Realty Group
GG
IL 475164964
Stream Capital Partners
JS
IL 475152062
Stream Capital Partners
Listed by Baum Realty Group, Stream Capital Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,000.00
$14,000.00/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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Additional Information

Name
Doug Renner
License
IL 475.151752
Brokerage
Doug Renner
Brokerage Phone
312-275-3137
Title
Managing Director
Brokerage Address
1030 West Chicago Avenue
Name
Mark Fredericks
License
IL 475.143580
Brokerage
Baum Realty Group
Title
Vice President/Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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