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About this home
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.
Multi-familyProperty Type
1904Year Built
6,098 sq ftLot Size
2 spacesParking
Listed by Scott Siegel• Chicago Real Estate Authority
North Lawndale, located between Garfield Park and Little Village, is a historic and residential Chicago neighborhood with a boulevard landscape and landmark architecture. The neighborhood’s character concentrates around the intersection of Roosevelt Road and Pulaski Road, where corner groceries, barbershops, and long-running local eateries line the commercial strips. Greystone two-flats and brick courtyard buildings set a sturdy streetscape, with wide rights-of-way that hint at the West Side’s grand planning era. Homan Square’s restored campus adds a civic focal point and public gathering space. Douglass Park frames the area with lagoons, fieldhouses, and festival lawns. The Douglass Branch of the Chicago Public Library anchors daily routines with a classic neighborhood institution.
Provided by Walk Score and Local Logic
Market insights
2008 S Pulaski Rd · $525,000
DAYS ON MARKET
37 days
The average home goes pending in 58 days.
SALE-TO-LIST
99.5%
Most homes are selling 0% below list price.
LIST PRICE
$525,000
Median list price in this area is $489,000. (7% lower than this home)
PRICE DROP
4 price drops
12% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
24 total rooms
Unfinished full basement
Sidewalks, street lights and paved streets in the neighborhood
Bedrooms
12 total bedrooms
Building includes 3-bedroom units
Bathrooms
4 full bathrooms total
Kitchen
Stove
Refrigerator
Laundry & utility
Washer and dryer in select units
Heating & cooling
Natural gas heating
Exterior features
Lot dimensions approximately 50 x 125
Less than 0.25 acre lot
Home design
Two- to four-unit building
Fee simple ownership
Rehab completed in 2020
Over 100 years old
Flat roof
Parking
2 owned parking spaces
Construction
Brick and stone construction
Built before 1978
Utilities
Public water
Public sewer
HOA & community
Neighborhood offers school bus service, commuter bus and train access, and interstate access
Financial info
Gross income reported at $49,740
Other
Broker-projected water/sewer expense: $1,500
Insurance expense: $1,500
Property holds earnest money; possession at closing, immediate or negotiable
Electricity and solar
View estimated energy costs and solar savings for this home
The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts.
Permitted uses
Include but are not limited to:
Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Warehouse
Mixed use building
Office
Medical office
Veterinary clinic
Climate risks
6/10 Flood Factor
Estimated 68-76% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60623
Average low and high temperatures (°F)
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39
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36
62
44
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52
82
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86
71
82
68
79
63
68
52
52
40
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2008 S Pulaski Rd
$510,301
$15K under list price of $525K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $380K to $540K.