Description
743 North Pulaski is located just off the SEC of Chicago Ave. & Pulaski Rd. The site is on the border of the Humboldt Park & Garfield Park communities. The property has excellent access to the area's major transportation links, including expressways, as well as bus and commuter rail services. In the immediate area there are restaurants, retailers and various service businesses. The area is densely populated and there is heavy foot and daytime traffic. 5900sf freestanding building on 14,176 sf site. Building is in excellent condition. Building dimensions are approximately (88' x 69'). The building was built new for the Illinois Secretary of State in 2003. In 2018 they downsized to approximately 3,714sf and renewed thru January, 2024. The lease with the Secretary of State is modified gross. They are responsible for 63% of real estate tax increases above the 2018 Real Estate Taxes as a base year. The west 2,188sf of the building is leased to BMO Harris. BMO Harris is a new 10yr NNN lease that expires on 9-30-2031. Value Add Investment. Both Tenant's have 2% annual rent increases.
Location
Courtesy of: Network Property Managment LLC Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED 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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 5th February, 2023 12:53 PM (UTC)
