4159 Fullerton AveChicago, IL 60639

Property Details for 4159 Fullerton Ave

Year built

1927

Lot size

0.07 AC

Property size (Sq ft)

4,046 SF

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

13-34-204-001

APU

1334204001

Description

This exceptional mixed-use property, located at 4159 W Fullerton Ave in Chicago, IL 60639, presents a compelling owner-user investment opportunity. The Class C building boasts three units, currently enjoying 100% occupancy, comprising a blend of apartments and retail spaces. The asking price is $700,000. The property features two parking spaces, a significant advantage in this bustling area. Its prime location on Fullerton Avenue places it directly in front of busy CTA bus stops, providing convenient public transportation access. The proximity to the METRA train further enhances its accessibility and desirability. The surrounding neighborhood is vibrant, offering a mix of shops, restaurants, and other retailers, creating a strong commercial environment and potentially high rental income. This property is ideal for an investor seeking a hands-on approach or an owner-operator looking to combine living and business operations. Cook County location adds to its appeal. The property's strong occupancy rate and strategic location make it a highly attractive investment prospect. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,510,212

  6.5%

  $1,394,042

  7%

  $1,294,467

• Comparable approach

  Method

  Valuation

  Relative Method

  $816,837

  Geo Method

  $816,837

• Alternative Use

  Use

  Valuation

  Residential

  $1,394,042

  Hospitality

  $1,276,935

  Educational

  $1,062,395

  Medical

  $1,098,932

  Retail

  $1,652,614

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9241

Longitude

-87.7315

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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