1528 West Fullerton Avenue

Chicago, IL 60614

$2,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible investment opportunity in the heart of Lincoln Park! This mixed-use building features a completely custom commercial tire business on the first floor, complete with brand new flooring, lighting/fixtures, paint, central AC/heat, and a large detached commercial garage in the back with convenient alley access. The second floor boasts a spacious 2-bedroom, 2-bathroom unit with updated flooring, stainless steel appliances, in-unit laundry, and a private balcony. Additional building renovations...Incredible investment opportunity in the heart of Lincoln Park! This mixed-use building features a completely custom commercial tire business on the first floor, complete with brand new flooring, lighting/fixtures, paint, central AC/heat, and a large detached commercial garage in the back with convenient alley access. The second floor boasts a spacious 2-bedroom, 2-bathroom unit with updated flooring, stainless steel appliances, in-unit laundry, and a private balcony. Additional building renovations include a new high-tech security system throughout the entire building. Now is your chance to invest in a piece of Chicago history in a prime location, just steps from DePaul University, multiple bus lines, the Kennedy Expressway, and blocks away from Wrightwood Park, Whole Foods, Mariano's, CTA, Metra, and Wrightwood Park. This is a fantastic opportunity for a turn-key operation. Simply step in and take over!

Listing Agents

  1. Tim Lorimer

    Tim Lorimer

    Alternative Listing Agent

    Compass

Property Details for 1528 West Fullerton Avenue

Area
CHI - Lincoln Park
Num Of Parking Spaces
6.0
Num of Interior Fireplaces
2
Zoning
COMMR

Location

Add your commute
LISTING UPDATED: 12/06/2023 12:07 AM

Property Details for 1528 West Fullerton Avenue

StatusActive
MLS #11934446
Days on Market129
Taxes$17,619 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1890
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Add your commute

Building Information for 1528 West Fullerton Avenue

Stories-Residences2Year Built1890Lot Size0.07 AC / 3,125 SF

Payment Calculator

$15,112 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$1,468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1528 West Fullerton Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Downtown Chicago,Chicago North
  • Information: 24-Hr Notice Required,List Broker Must Accompany,No Sign on Property
  • Postal Code Plus 4: 0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Office Only
  • Electric: Service - 101 to 200 Amps, Service - 201 to 600 Amps
  • Flooring: Concrete, Tile, Wood, Other
  • # Of Washers: 1
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 1
  • Washer/Dryer Lsd: No
  • Misc Inside: Private Restroom/s,Storage Inside,Basement,High Speed Comm Circuits
  • # Of Dryers: 1
  • # Of Disposals: 1
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Misc Outside: Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Repairs, Sewer, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older,New Rehab
  • Lot Dimensions: 25' X 125'
  • Lot Size Square Feet: 3125.0
  • Stories: 2
  • Fire Protection: Smoke or Fire Protectors
  • Foundation Details: Concrete Perimeter, Stone
  • Building Area Total: 3600
  • # Of Offices: 0
  • # Of Ranges: 1
  • # Of Stores: 1
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Conditional Use, Condominium, Multi-Family
  • Documents Available: Rent Roll,Leases,Tax Bill
  • Docks: None
  • Public Document Count: 0
  • Photos Count: 21
Miscellaneous
  • Current Use: Commercial, Condominium
  • Location: Central Business District,Mixed Use Area,Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $580.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $2,100.00
  • Electric Expense Source: Actual
  • Known Encumbrances: First Mortgage
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Broker Projection
  • Other Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 0
  • Water Expense Source: Actual
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $196.00

Property History for 1528 West Fullerton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1528 West Fullerton Avenue

Taxable ValueLand$46,875Additions$40,742Total$87,617
Tax Record2021$17,619 ($1,468 / month)
Home Facts
Baths4.5Total Finished SqFt3,840 SqFtAbove Grade Finished SqFt3,840 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1892CountyCOOKAPN14-29-318-035

Schools near 1528 West Fullerton Avenue

This home is within City Of Chicago School District 299.
RatingSchoolTypeGradesDistance
Public - K to 8
Public - 9 to 12
Charter - K to 8
Public - PK to 8
RatingSchoolDistance
Prescott Elementary School
PublicK to 8

Lincoln Park High School
Public9 to 12

CICS Bucktown
CharterK to 8

Drummond Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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1528 West Fullerton Avenue is a mixed use property for sale in Chicago, IL 60614. This property was listed for sale on November 30, 2023 by Compass, it's currently listed at $2,500,000. It has been on the market for a total of 129 days and was last sold on December 22, 2020. This listing's school district is City Of Chicago School District 299. Nearby schools include Prescott Elementary School, Lincoln Park High School and CICS Bucktown. 1528 West Fullerton Avenue is a 0-bed, 0-bath, mixed use property built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.