1665 W Fullerton Ave
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1665 W Fullerton Ave
2 Unit Apartment Building $1,100,000 ($550,000/Unit) Chicago, IL 60614
Investment Highlights
- Prime location in Lincoln Park near all major transportation and expressways
- Built in 1893, this historically significant building presents a lucrative investment with steady income and growth potential.
Executive Summary
This prime real estate investment opportunity in Chicago features a 5,250 sq. ft. brick and concrete building, blending commercial and residential spaces. The first floor hosts the renowned Liars Club bar, a staple in the community for 31 years, with an unfinished basement offering expansion potential. The second floor includes a modern one-bedroom apartment with high-end amenities and a 600 sq. ft. office/storage area, while the third floor boasts a spacious three-bedroom unit with unique design elements. Generating a gross annual rent of $96,000, the property benefits from a prominent sign lease, bringing in $3,000 monthly
Property Facts
Price | $1,100,000 | Lot Size | 0.09 AC |
Price Per Unit | $550,000 | Building Size | 5,250 SF |
Sale Type | Investment | Average Occupancy | 100% |
No. Units | 2 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1889 |
Property Subtype | Apartment | Cross Streets | N Clybourn Ave. |
Building Class | C |
Price | $1,100,000 |
Price Per Unit | $550,000 |
Sale Type | Investment |
No. Units | 2 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.09 AC |
Building Size | 5,250 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1889 |
Cross Streets | N Clybourn Ave. |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 1 | - | - |
3+2 | 1 | - | - |
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Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (90)
PROPERTY TAXES
Parcel Number | 14-31-201-011-0000 | Improvements Assessment | $94,973 |
Land Assessment | $46,875 | Total Assessment | $141,848 |
PROPERTY TAXES
Parcel Number
14-31-201-011-0000
Land Assessment
$46,875
Improvements Assessment
$94,973
Total Assessment
$141,848
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1665 W Fullerton Ave
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