4500 W Fullerton Avenue Chicago, IL 60639
32,800 SF Multifamily Apartment Building
Property size:
32,800 SFLot size:
0.75 AcresPrice / SF:
$190/SF- Added:
- Jan 16, 2025
- Days on Market:
- 465
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 4500 W Fullerton Avenue
General Information
- Standard status
- Active
- Property type
- Multifamily properties, Residential income homes, Other residential income properties, Residential income properties, Investment properties
- Size
- 32,800 SF
- Elevators
- N/A
- Lot size
- 0.75 Acres
Building Details
- Buildings
- 1
- Stories
- 3
Listing agent Noah (773) 293-5033
Listing office Kiser Group (773) 293-5033
Listing date Jan 16, 2025
Overview
Hermosa Multifamily Investment Opportunity
Located at 4500 W. Fullerton Avenue in Chicago's Hermosa neighborhood, this 32,800 square foot multifamily property presents an investment opportunity. The building features 32 residential units, including twelve 1-bedroom/1-bathroom units, twelve 2-bedroom/1-bathroom units, and eight 3-bedroom/1-bathroom units, along with four ground-floor commercial spaces. The residential units have modern kitchens and bathrooms, individual heating, and separate meters. Building upgrades include a new 1600 amp electrical service and copper plumbing throughout. A silver-coated roof was installed in 2023, and extensive masonry and tuckpointing were 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 property 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. A wall advertising sign on Fullerton Avenue generates additional income. The property is situated on a 0.75-acre lot.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
William Cawley, DC
Alternative Medicine Practice
David J. Cunningham, ...
Alternative Medicine Practice
Avanzado Quiropractico, S.C.
Alternative Medicine Practice
Advanced Pain Care ...
Physician
Ring Barry S ...
Physician
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.739324
- Latitude
- 41.924658
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 32,800 SF Multifamily Apartment Building
Where is this multifamily property located?
The property is located at 4500 W Fullerton Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: New 1600 Amp Electrical Service; Individual and In‑Unit Furnaces; Copper Plumbing Throughout
