Property photo 1
6 Beds
7 Baths

$1,950,000

Built in1920
Property typeMulti-family
Bought with Brady Miller with Cadence Realty and Listed by Sophia Klopas with Jameson Sotheby's Int'l Realty 312-751-0300

Overview

Sold

Closed

Listed Nov 17, 2025

Updated May 29

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.

Additional information

MLS® ID
12519123

Interior Features

Bedrooms
6
Bathrooms
7
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$35,179
Tax Frequency
Annually
Garage
Yes
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Bought with Brady Miller with Cadence Realty and Listed by Sophia Klopas with Jameson Sotheby's Int'l Realty 312-751-0300

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Millie Rosenbloom are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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