6135 W Fullerton Ave Chicago, IL 60639
Belmont Central NeighborhoodEstimated payment $7,720/month
About This Home
Prime Belmont Cragin investment opportunity consisting of two adjacent 4-unit apartment buildings with three (3) additional non-conforming garden units. Long-term ownership of 20+ years with consistent maintenance and targeted capital improvements. Unit mix includes eight (8) 2BD/1BA apartments plus three (3) non-conforming garden layouts. Apartments feature hardwood flooring with kitchens and baths finished in rental-grade materials including wood cabinetry, laminate countertops, and white appliances. Heat is provided via baseboard systems through central boilers (owner-paid). Property highlights include separately metered electric, two Rheem hot water heaters (2014 & 2015), vinyl windows and tear-off roofs (within last 10 years), and mixed plumbing. Additional amenities include building-owned coin laundry and nine (9) exterior parking spaces. Current rents remain well below market, presenting a clear value-add opportunity through rent increases, parking income, and unit renovations.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,103
Year Built
- Built in 1956
Parking
- 6 to 12 Parking Spaces
Interior Spaces
- 2-Story Property
- Exterior Basement Entry
Additional Features
- Additional Parcels
- Hot Water Heating System
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $2,807
- Fuel Expense $9,348
- Insurance Expense $5,529
- Trash Expense $4,402
- Water Sewer Expense $6,564
- Operating Expense $41,753
- Gross Income $126,300
- Net Operating Income $118,747
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $1,250,000 | +384.5% | -- |
| 03/19/2014 03/19/14 | Sold | $258,000 | -16.5% | -- |
| 01/20/2014 01/20/14 | Price Changed | $309,000 | -6.1% | -- |
| 12/21/2013 12/21/13 | Pending | -- | -- | -- |
| 12/19/2013 12/19/13 | Price Changed | $329,000 | +3.1% | -- |
| 12/19/2013 12/19/13 | Price Changed | $319,000 | -3.0% | -- |
| 12/15/2013 12/15/13 | For Sale | $329,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12487130
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