5400 West Fulton Street

Chicago, IL 60644

$767,500
Last Sold Price
15
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is a great investment property for the investor who is looking for a turn key investment with high earnings and consistent cash flow. The building at 310 Long Ave, consisting of one 4 bed/2bath and one 2bed/1bath was renovated in 2018 with all new electric, plumbing, HVAC, and finished with new kitchens including granite countertops, bathrooms and flooring. The building known as 5400 w Fulton Street contains 3 3beds/1 bath apartments, and renovations with all new roof, windows, plumbing, electric,...This is a great investment property for the investor who is looking for a turn key investment with high earnings and consistent cash flow. The building at 310 Long Ave, consisting of one 4 bed/2bath and one 2bed/1bath was renovated in 2018 with all new electric, plumbing, HVAC, and finished with new kitchens including granite countertops, bathrooms and flooring. The building known as 5400 w Fulton Street contains 3 3beds/1 bath apartments, and renovations with all new roof, windows, plumbing, electric, HVAC, new kitchens, bathrooms, and flooring and much more was completed just weeks ago and leased with assisted living housing agencies; so the cash flow is guaranteed! Tenants pay all utilities except Fulton building water heat which is one large heating tank located in unfinished basement. (agent owned)
  1. Listed by Victor Postillion • Skydan Real Estate Sales, LLC

Sold By EXIT Strategy Realty

Property Details for 5400 West Fulton Street

Area
CHI - Austin
Num Of Parking Spaces
0.0

Location

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LISTING UPDATED: 08/31/2022 09:31 AM

Property Details for 5400 West Fulton Street

StatusClosed
MLS #11110215
Days on Market452
Taxes$5,337 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1904
Lot Size0.09 AC / 4,116 SF
CountyCook County

Location

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Building Information for 5400 West Fulton Street

Stories-Residences5Year Built1904Building Size-Lot Size0.09 AC / 4,116 SF

Payment Calculator

$4,633 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,189

Property Taxes

$445

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5400 West Fulton Street

General Information
Location and General Information
  • Information: Show-Special Instructions,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Central Heat/Indiv Controls,Individual Furnaces
  • # Of Refrigerators: 5
  • Num of Baths: 6.0
Exterior Features
  • Misc Outside: Enclosed Porch,Enclosed Stairs,Security Gate,Security Lighting,Security System
Utilities / Equipment
  • Utilities: Water-Community
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Other, Hot Water, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Flats
  • Lot Dimensions: 42X98
  • Lot Size Square Feet: 4116.0
  • Stories: 3
  • Exterior Building Type: Vinyl Siding, Brick, Frame
  • Construction: Brick, Wood Frame
  • Roof Type: Composition, Membrane
  • Roof Structure: Flat,Hip
  • Building Area Total: 6300
  • Lot Size Source: Listing Agent
  • # Of Ranges: 5
Property and Assessments
  • Documents Available: Rent Roll,Leases
  • Public Document Count: 0
  • Photos Count: 43
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $800.00
  • Fuel Expense: $360.00
  • Gross Income: $7,592.00
  • Gross Scheduled Income: $91,104.00
  • Insurance Expense: $3,700.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 7592
  • Water Expense Source: Actual
  • Net Operating Income: $76,107.00
  • Operating Expense: $14,997.00
  • Other Expense: $.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $2,400.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 5400 West Fulton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5400 West Fulton Street

Taxable ValueLand$3,800Additions$21,200Total$25,000
Tax Record2022$5,142 ($429 / month)
Home Facts
Baths3Total Finished SqFt2,623 SqFtAbove Grade Finished SqFt2,623 SqFtStories2Lot Size4,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1901CountyCOOKAPN16-09-302-027

Schools near 5400 West Fulton Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ellington Elementary School
PublicPK to 8

Austin College and Career Acad High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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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.

Listing Courtesy of Skydan Real Estate Sales, LLC

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.