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Property profile & analytics

1640 Fullerton Ave Chicago, IL 60614-1920

  • Banks
  • 3,400 SF
  • 0.29 lot acres
OFF-MARKET
Value Estimations
$505,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-2016791
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • PNC Mortgage / Mortgage Lender
  • PNC Bank / Bank / Atm

Property Details for 1640 Fullerton Ave

Year built
1952
Lot size
0.29 lot acres
Property size
3,400 SF
Property type
Banks
APN
14-30-400-061
APU
1430400061

Description

This exceptional redevelopment opportunity presents a vacant, two-story, 5,274 square foot retail building situated on a 12,310 square foot lot at 1640 W Fullerton Avenue in Chicago, Illinois (zip code 60614). Built in 2004, this Class B property boasts a convenient drive-thru facility and 11 parking spaces, ensuring ample accessibility for future tenants. The building's previous use as a bank and convenience store provides a versatile layout featuring eight offices, a conference room, break room, bathrooms, and a passenger elevator. Its prime corner location offers excellent visibility and signage opportunities, further enhanced by its proximity to the high-traffic intersection of I-90/I-94 (just 0.5 miles away). The property is zoned M1-2 and is located within an Enterprise Zone, potentially offering significant tax advantages. The asking price for this vacant, value-add investment is $5,500,000. The Cook County Assessor's Parcel Number (APN) is 14-30-400-061-0000. This property presents a unique chance to capitalize on a high-traffic location and create a thriving retail space. The building's existing infrastructure and convenient amenities provide a solid foundation for a variety of redevelopment projects. The property is ADA accessible.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $465,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $551,000
    Market price range: $126k - $551k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.67
Latitude
41.9254
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$81,759
$189,000
$208,500
$397,500
-
$756,000
$834,000
$1,590,000
More about this property
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