5550 S Pulaski Rd, Chicago, IL 60629
Est: $4,495/moGet pre-approved

Description

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...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!
LISTING UPDATED: 08/26/2026 11:56 AM

  1. Listed by Uriel Ayala • RE/MAX Mi Casa
    P: (773) 879-0101 uayala@hotmail.com

Property Details for 5550 South Pulaski Road

MLS #
12731981
Days on Market
13
Taxes
$10,036 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Commercial Sale
Year Built
1965
Lot Size
0.14 AC / 6,250 SF
Area
CHI - West Elsdon
Township
Lake
Air Conditioning Type
Wall Sleeve
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of RE/MAX Mi Casa
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Building Information for 5550 South Pulaski Road

Stories2Residences4Year Built1965Building Size-Lot Size0.14 AC / 6,250 SF

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Property Information for 5550 South Pulaski Road

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago Southwest
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Flooring: Parquet
  • # Of Washers: 0
  • Heat/Ventilation: Hot Water
  • # Of Window/Ac: 3
  • # Of Refrigerators: 2
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
  • Water Drainage: Floor Drains
Utilities / Equipment
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 50X125
  • Lot Size Square Feet: 6250.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 5698
  • # Of Offices: 0
  • # Of Ranges: 3
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2026-08-15T14:56:08
  • Property Offered: For Sale Only
  • Photos Count: 37
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $1,474.00
  • Fuel Expense: $4,146.00
  • Gross Income: $59,517.00
  • Gross Scheduled Income: $82,224.00
  • Insurance Expense: $3,500.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2025
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 6852
  • Water Expense Source: Actual
  • Net Operating Income: $55,135.00
  • Operating Expense: $22,707.00
  • Other Expense: $.00
  • Trash Expense: $1,482.00
  • Water Sewer Expense: $2,069.00

Property History for 5550 South Pulaski Road

DateEvent & SourcePriceAppreciation
Aug 26, 2026

Price Change

MRED #12731981

$719,900
Aug 17, 2026

Price Change

MRED #12731981

$729,900
Aug 14, 2026

Listed (Active)

MRED #12731981

$749,900
DateEvent & SourcePrice
08/26/2026

Price Change

MRED #12731981

$719,900
08/17/2026

Price Change

MRED #12731981

$729,900
08/14/2026

Listed (Active)

MRED #12731981

$749,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5550 South Pulaski Road

Taxable ValueLand$2,180Additions$22,797Total$24,977
Tax Record2023$3,376 ($281 / month)
Home Facts
Baths5Total Finished SqFt5,698 SqFtAbove Grade Finished SqFt5,698 SqFtStories2Lot Size2,725 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyCOOKAPN19-15-207-041

Schools near 5550 South Pulaski Road

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Peck Elementary School
PublicPK to 4

Richardson Middle School
Public5 to 8

Curie Metropolitan High School
Public9 to 12

Sor Juana Ines de la Cruz
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5550 South Pulaski Road is a mixed use property for sale in Chicago, IL 60629. This property was listed for sale on August 14, 2026 by RE/MAX Mi Casa, it's currently listed at $719,900. It has been on the market for a total of 13 days and was last sold on March 6, 2020. This listing's school district is Chicago Public Schools. Nearby schools include Peck Elementary School, Richardson Middle School and Curie Metropolitan High School. 5550 South Pulaski Road is a 0-bed, 0-bath mixed use property built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Mi Casa

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/26/2026 11:56 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.