Daily limit: 0/10
Marcus & Millichap Sells Park Lawn Plaza Retail Property In Oak Lawn For $4.5M
SOLD
$4,500,000
Illinois
See Similar DealsRetail24,685 SF
Sold 11/19/2025
SOLD
Marcus & Millichap Sells Park Lawn Plaza Retail Property In Oak Lawn For $4.5M
9600 South Pulaski Road
See Similar DealsRetail24,685 SF
Sold 11/19/2025
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$182
Total Square Footage:24,685 SF
Transaction Type:Sale
This retail property, located at 9600 South Pulaski Road in Oak Lawn, spans 2.5 acres and features 24,685 square feet. The transaction was finalized for $4,500,000, resulting in a price per square foot of $182. At closing, the property was 84% occupied, comprising 13 suites within the retail space.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $4,500,000
- Address: 9600 South Pulaski Road
- Market: Oak Lawn
- Acres: 2.5
- Square Footage: 24,685
- Price Per Square Foot: $182
- Brokers: Adrian Mendoza, Sean Sharko & Austin Weisenbeck - Marcus & Millichap
Adrian Mendoza, Sean Sharko, and Austin Weisenbeck represented the seller in this transaction, while a local private investor acquired the asset. Marcus & Millichap facilitated the sale of Park Lawn Plaza, highlighting their involvement in this deal.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$240,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55
Is there something missing? Send suggestions