$2,287,500
$2,600,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
24,760 SqFt
SOLD DATE : 06/13/2025
Key Details
Sold Price $2,287,500
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 24,760 sqft
Price per Sqft $92
MLS Listing ID 12162059
Sold Date 06/13/25
Year Built 1975
Annual Tax Amount $140,807
Tax Year 2023
Lot Dimensions 2.11
Property Sub-Type Retail/Stores
Property Description
Concentric Realty has been retained to offer for sale this 24,760 square-foot multi-tenant shopping center, Alsip Plaza, located at 12003-12039 S Pulaski Rd, Alsip, IL. The property is currently leased to a diverse mix of national and local retailers. Most tenants are currently signed modified lease with 3-5% annual rent increase. The property features great visibility from S Pulaski Dr., right next to Jewel-Osco and Chase Bank, along with ALDI/Burger King/McD/Food4Less and more. With 10 stable tenants, Alsip Plaza is currently at 91% occupancy. This shopping center is generating attractive income with consistent annual NOI growth over last 5 years, offering an attractive investment opportunity in a thriving retail corridor.
Location
State IL
County Cook
Area Alsip / Garden Homes
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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Bought with Mark Ahmad • Century 21 Circle