548 W Fullerton Parkway
Chicago, IL, 60614
$2,125,000
6 Beds
7 Baths
0 SqFt
0 Acres
Add
Add
$2,125,000
548 W Fullerton Parkway
Chicago, IL, 60614
MLS #MRD12462510 image #0MLS #MRD12462510 image #1MLS #MRD12462510 image #2MLS #MRD12462510 image #3MLS #MRD12462510 image #4MLS #MRD12462510 image #5MLS #MRD12462510 image #6MLS #MRD12462510 image #7MLS #MRD12462510 image #8MLS #MRD12462510 image #9MLS #MRD12462510 image #10MLS #MRD12462510 image #11MLS #MRD12462510 image #12MLS #MRD12462510 image #13MLS #MRD12462510 image #14MLS #MRD12462510 image #15MLS #MRD12462510 image #16MLS #MRD12462510 image #17MLS #MRD12462510 image #18MLS #MRD12462510 image #19MLS #MRD12462510 image #20MLS #MRD12462510 image #21MLS #MRD12462510 image #22MLS #MRD12462510 image #23MLS #MRD12462510 image #24MLS #MRD12462510 image #25MLS #MRD12462510 image #26MLS #MRD12462510 image #27MLS #MRD12462510 image #28MLS #MRD12462510 image #29MLS #MRD12462510 image #30MLS #MRD12462510 image #31MLS #MRD12462510 image #32MLS #MRD12462510 image #33MLS #MRD12462510 image #34MLS #MRD12462510 image #35MLS #MRD12462510 image #36MLS #MRD12462510 image #37MLS #MRD12462510 image #38
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.

Property Details

Price:
$2,125,000
MLS #:
MRD12462510
Status:
Active
Beds:
6
Baths:
7
Type:
Multi Family
Neighborhood:
chilincolnpark
Listed Date:
Sep 9, 2025
Year Built:
1920
Chi – Lincoln ParkChilincolnparkLincoln Elementary SchoolLincoln Elementary SchoolLincoln Park High School

Schools

School District:
299
Elementary School:
Lincoln Elementary School
Middle School:
Lincoln Elementary School
High School:
Lincoln Park High School

Interior

Heating
Steam, Radiant, Radiator(s)

Exterior

Construction Materials
Brick
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Flat

Financial

Net Operating Income
$114,719
Tax Year
2023
Taxes
$35,377
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Sep 10, 2025
1,522
Multi Family Listed
81
Avg DOM
$500,093
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12198272broker reciprocity
2128 W Evergreen Avenue
Chicago, IL

$2,299,000

3.6 miles away

broker reciprocity
MLS# MRD12395539broker reciprocity
1420 W Fulton Street
Chicago, IL

$2,199,999

3.6 miles away

broker reciprocity
MLS# MRD12408879broker reciprocity
1116 W Addison Street
Chicago, IL

$2,195,000

3.6 miles away

broker reciprocity
MLS# MRD12357632broker reciprocity
1625 N Halsted Street
Chicago, IL

$2,100,000

3.6 miles away

broker reciprocity
MLS# MRD12170250broker reciprocity
3035 N Southport Avenue
Chicago, IL

$1,995,000

3.6 miles away

broker reciprocity
MLS# MRD12464201broker reciprocity
2026 N Humboldt Boulevard
Chicago, IL

$1,899,000

3.6 miles away

broker reciprocity
MLS# MRD12348001broker reciprocity
1918 N Humboldt Boulevard
Chicago, IL

$1,750,000

3.6 miles away

broker reciprocity
MLS# MRD12411726broker reciprocity
2333 N Spaulding Avenue
Chicago, IL

$1,749,900

3.6 miles away

broker reciprocity
MLS# MRD12357009broker reciprocity
1623 N Halsted Street
Chicago, IL

$1,700,000

3.6 miles away

Property Summary

    548 W Fullerton Parkway Chicago IL is a Multi Family for sale in Chicago, IL, 60614. It is listed for $2,125,000 To schedule a showing of MLS#mrd12462510 at 548 W Fullerton Parkway in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
548 W Fullerton Parkway
Chicago, IL