Marcus & Millichap Sells Park Lawn Plaza Retail Property In Oak Lawn For $4.5M
9600 South Pulaski Road
$4,500,000
$182/SF
Building Size
24,685 SF
Asset Type
Retail
Closing
Nov 19, 2025
About this deal
AI
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.
On the Map
$4,500,000
$182/SF
Retail
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Players
Oak Lawn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93