4500 W. Fullerton Avenue Chicago, IL 60639

This exceptional 32,800 square foot multifamily property, located at 4500 W. Fullerton Avenue in Chicago's Hermosa neighborhood, presents a compelling investment opportunity. The building comprises 32 residential units – twelve 1-bedroom/1-bathroom, twelve 2-bedroom/1-bathroom, and eight 3-bedroom/1-bathroom – along with four ground-floor commercial spaces. All residential units boast modern kitchens and bathrooms, and benefit from individual heating and separate meters. Significant building upgrades include a new 1600 amp electrical service, copper plumbing throughout, a silver-coated roof (installed in 2023), and extensive masonry and tuckpointing completed in 2024. The property also features two 100-gallon hot water tanks and an on-site laundry facility. Central air conditioning for the retail units is scheduled for completion in 2024. The building benefits from an assumable Fannie Mae loan with a balance of $4,155,000, a 4.02% interest rate, and a maturity date of April 2032 (10-year term, interest-only for 5 years). A wall advertising sign on Fullerton Avenue generates additional income. This turnkey asset offers a strong, stabilized cash flow and significant upside potential through improved leasing and rent increases. The 0.75-acre lot provides ample space. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a rapidly appreciating Chicago neighborhood.