THIS RARE 4 UNIT OVERSIZED INVESTMENT PROPERTY OFFERS YOU PRIME LOCATION COMBINED WITH INCREDIBLE CASH FLOW CURRENTLY GENERATING $6,852 A MONTH. EACH OF THE 3 APARTMENTS FEATURES NEW KITCHENS, COUNTERTOPS AND APPLIANCES. IN ADDITION, APARTMENT 1 IS AN OVERSIZED 3 BEDROOM, 1 AND A HALF BATH RENTING FOR $2,262. THIS UNIT OFFERS OVERSIZED BEDROOMS, IN UNIT WASHER AND DRYER AND AN OPEN LAYOUT. APARTMENT 2 OFFERS THE PERFECT LAYOUT OFFERING 2 BEDROOMS AND RENTING FOR $1,600. APARTMENT 3 IS A CHARMING AND SPACIOUS 1 BEDROOM UNIT RENTING FOR $1,560. THE STORE FRONT WITH EXTREMELY HIGH VISIBILITY HAS A 5 YEAR LEASE IN PLACE AND IS CURRENTLY BEING RENTED FOR $1,430. RECENT IMPROVEMENTS INCLUDES THE MAIN HEATING SYSTEM BEING REPLACED IN 2020, 2 TANKLESS GAS WATER HEATERS INSTALLED IN 2022, A PUBLIC USE WASHER AND DRYER INSTALLED IN 2023, 3 NEW SUMP PUMPS REPLACED IN 2024, THE ROOF WAS SERVICED AND REPAIRED IN 2025 AND NEW CEMENT WAS INSTALLED IN THE SIDE GANGWAY AND REAR PARKING STRUCTURE IN 2025. TO ADD TO THE LIST, 5 CONVENIENT PARKING SPACES ARE LOCATED IN THE BACK OF THE BUILDING. PRIME LOCATION GIVES YOU CLOSE PROXIMITY ACCESS TO THE STEVENSON EXPRESSWAY, ORANGE LINE TRAIN STATION, BUSY PULASKI ROAD AND ALL THE COMMERCIAL CONVENIENCE THAT SOUGHT AFTER MIDWAY AREA HAVE TO OFFER!! PRIDE OF OWNERSHIP TRULY SHOWS. SCHEDULE YOUR PRIVATE VIEWING TODAY!!
West Elsdon, located between Midway International Airport and the Chicago Sanitary and Ship Canal, is a residential and industrial Chicago neighborhood with brick bungalow blocks and rail-and-warehouse edges. The neighborhood’s character concentrates along W 55th Street near S Pulaski Road, where taquerias, bakeries, and long-running storefronts line a steady commercial strip. Community pillars include the National Museum of Mexican Art, the historic Davis Theater, and the Chicago Public Library’s Archer Heights branch. Side streets read as classic Chicago: low-rise homes, tidy front lawns, and alley garages. Freight corridors and airport-bound traffic give the perimeter a working-city tempo. Parks and schoolyards add open space between the arterials.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Parquet flooring
Kitchen
3 ranges
Laundry & utility
Washer/dryer not leased (no)
Flooring
Parquet
Heating & cooling
Hot water heating
Wall sleeve cooling
Three window air units
Exterior features
50 x 125 lot with city street frontage
Zoned for multi use
Home design
Mixed-use property
Individual ownership
Property offered for sale only
Parking
1–5 outdoor parking spaces
Construction
Brick construction
Built before 1978
Rubber flat roof
Concrete perimeter foundation
Utilities
Electric to site with circuit breakers and 0–100 amp service
Natural gas available
Sewer connected
Financial info
Total monthly income reported at $6,852
Gross income reported at $59,517
Gross rent multiplier reported as 0.14
Expense examples: water & sewer $2,069; electric $1,474; trash $1,482; insurance $3,500
Taxes reported for 2024
Other
Four total units
Parcel number 19152070400000
Directions: Take Pulaski to 5550 South; park in the rear
Electricity and solar
View estimated energy costs and solar savings for this home
The B1, Neighborhood Shopping district is intended to accommodate a broad range of small-scale retail and service uses.; B1 zoning is intended to be applied in compact nodes at the intersection of two or more major streets or in a cohesive linear fashion along relatively narrow streets that have low traffic speeds and volumes (compared to multi-lane, major streets).; The B1 district is intended to exhibit the physical characteristics of storefront-style shopping streets that are oriented to pedestrians.; The B1 district permits residential dwelling units above the ground floor.; The B1 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Restaurant
Housing-Other
Bed & breakfast
Mixed use
Office
Library
Post office
Climate risks
1/10 Flood Factor
Minimal risk 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 100° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60629
Average low and high temperatures (°F)
31
17
39
24
55
35
63
44
70
51
83
64
87
71
83
67
80
62
69
51
52
39
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home ranks in the top 10% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5550 S Pulaski Rd
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