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316 N Pulaski Rd

Chicago, IL
Floors
2
Total Size
22,257 sqft
Zoning
Year Constructed
2005
Year Renovated
0
Building Class

About 316 N Pulaski Rd

This Gold LEED Certified asset is the 2010 Urban Land Institute Global Award Winner of Excellence. It is approximately 22,249 square feet and two plus stories high. There is a small third floor area that serves as a transit valley; connecting the building directly to the Chicago Transit Authority (CTA) elevated rail blue line platform.

The sale of this asset includes two adjacent parcels of land totaling approximately 9,026 square feet west of the building at 4008 and 4010 West Lake Street. Located at the northwest corner of a signalized intersection at Pulaski Road and Lake Street, the property is demised into 6,367 square feet of daycare space, 7,422 square feet of retail space and 4,630 square feet of office space.

The Bethel Commercial Center is approximately 91 percent occupied by a daycare operator and three retail tenants; three of which are long-term tenants who have been occupants in the building since development completion. The building's tenant mix includes U.S. Bank, State of Illinois Attorney General and the Mary Crane Childcare Center, a well-established local multi-center childcare operator who has serviced the Chicagoland community for over 100 years.

The acquisition of this investment includes the opportunity to acquire approximately one-half acre (20,810 square feet) of adjacent land demised into four contiguous parcels of land immediately north of the Bethel Commercial Center. Two of the parcels have multi-family dwellings attached. One of the four available lots currently serves as a playground used by the Mary Crane Center for their childcare operation and another lot serves as a paved, gated, 40-space parking lot for tenants and patrons of the Bethel Commercial Center.

As a model for environmentally friendly design, the Bethel Commercial Center has received national recognition for its Smart Green Technology Design, recognition/awards include: U.S. Green Building Council's Gold LEED Certification

in 2007 and the Urban Land Institute Award for Excellence in 2010 (one of 11 properties in the Americas that received this award), it joins Millennium Park as one of only five Chicago developments to receive the prestigious award in the past decade.

Super-insulated walls and the building's light colors optimize energy efficiency and site reduce heat absorptions. A specialized Heat Recovery Unit (HRU) system, high efficiency HVAC unit and automatic light dimmers reduce the energy demand of the building. These environmental features create a potential energy cost savings of 50 percent compared to average commercial buildings.

The building's roof is half rooftop garden, resulting in reduced storm water run-off and a decrease in heat absorption in the summer and loss in the winter. The other half of the roof is covered by photovoltaic cells collecting solar energy.

At least 25 percent of the building materials contain recycled content and 20 percent of the materials were shipped from within 500 miles of Chicago. 50 percent of the wood used originated from forests grown and harvested using environmentally conscious methods. None of the paint, carpet, adhesives and wood products emit potentially toxic fumes. All rooms have direct line-of-site to the outside made possible by the use of skylights, light wells and interior windows. - Number of buildings: 1 - Building condition: Excellent - Tenancy: Multiple Tenants

Internet Providers for 316 N Pulaski Rd

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
1 Gb/s
AT&T Illinois DSL
50 Mb/s
10 Mb/s
MegaPath Corporation DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: West Garfield Park

Median Rate Median Size
West Garfield Park
/sqft/yr
sqft
Median Rate Median Size
Chicagoland $24
/sqft/yr
2,400
sqft

Median Rate over Time in West Garfield Park