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About the Listing 88554 - 118250,140605
548 Fullerton is a legal 3 flat with RM-5 zoning on 175' deep lot, generating $169,740 in rental income! Units 1 + 2 are full floor units. The third floor is currently configured as 2 separate units counted as one + the rental income and details are combined as one unit #3 in details. Lastly the garden studio apartment currently generates 21,600 and is included in the total income of unit 1. The garden apartment can easily be expanded to become a 1 bedroom which could add a minimum of 7000 per year. All electric and plumbing has ben updated. The boiler dates to c2000. Each unit has been freshly outfitted with new bathrooms, kitchens, and refinished original hardwood floors. In October of 2023 the roof was fully replaced. Three of the units feature fireplaces (3F is functional, the others are decorative). Each unit has laundry. 548 Fullerton is a fully leased building, last renewal received 8 applications. Rents have room to increase and can add extra value to the property. Garden apartment not included in unit count. Expenses are based off rolling 12 from July 2024 through June 2025.
Listing Highlights for 548 W Fullerton Pkwy
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
12462510
Year Built
1920
Total Square Footage
0
Lot/Acreage
25 X 175
County
Cook
Area
CHI - Lincoln Park
School District
299
Elementary School
Lincoln Elementary School
Middle School
Lincoln Elementary School
High School
Lincoln Park High School
Interior Details
- Bedrooms: 6
- Bathrooms: 7 Full
- Appliances: Ceiling Fan(s),Water Heater-Gas
- Air Cond:
- Heating: Steam,Radiant,Radiator(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Partial,Daylight
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25 X 175
- Zoning: MULTI
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Garage Door Opener,On Site,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $35,377
- Taxes w/Assessments: N/A
- Tax/Property ID: 14283170240000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
548 W Fullerton Pkwy Chicago, IL 60614
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