Seller's Agent in 2025
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
(312) 927-0334
16 in this area
572 Total Sales
6
Beds
7
Baths
3,564
Sq Ft
1920
Built
Highlights
- Deck
- 2 Car Detached Garage
- 1-Story Property
- Abraham Lincoln Elementary School Rated A
- Patio
- Ceiling Fan
About This Home
As of December 2025548 Fullerton is a legal 3 flat with RM-5 zoning on 175' deep lot, generating $169,740 in rental income! Units 1 + 2 are full floor units. The third floor is currently configured as 2 separate units counted as one + the rental income and details are combined as one unit #3 in details. Lastly the garden studio apartment currently generates 21,600 and is included in the total income of unit 1. The garden apartment can easily be expanded to become a 1 bedroom which could add a minimum of 7000 per year. All electric and plumbing has ben updated. The boiler dates to c2000. Each unit has been freshly outfitted with new bathrooms, kitchens, and refinished original hardwood floors. In October of 2023 the roof was fully replaced. Three of the units feature fireplaces (3F is functional, the others are decorative). Each unit has laundry. 548 Fullerton is a fully leased building, last renewal received 8 applications. Rents have room to increase and can add extra value to the property. Garden apartment not included in unit count. Expenses are based off rolling 12 from July 2024 through June 2025.
Last Agent to Sell the Property
Jameson Sotheby's Int'l Realty Brokerage Phone: (312) 927-0334 License #471009697 Listed on: 11/17/2025
Co-Listed By
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 927-0334 License #475135912
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,179
Year Built
- Built in 1920 | Remodeled in 2018
Lot Details
- Lot Dimensions are 25 x 175
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 7 Bathrooms
- No Tub in Bathroom
Partially Finished Basement
- Partial Basement
- Natural lighting in basement
Outdoor Features
- Deck
- Patio
Schools
- Lincoln Elementary School
- Lincoln Park High School
Utilities
- Radiator
- Heating System Uses Steam
- Radiant Heating System
- Gas Water Heater
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $2,246
- Fuel Expense $6,058
- Insurance Expense $7,778
- Water Sewer Expense $1,613
- Gross Income $169,740
- Net Operating Income $114,521
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2025 12/30/25 | Sold | $1,950,000 | -7.1% | $547 / Sq Ft | |
| 12/04/2025 12/04/25 | Pending | -- | -- | -- | |
| 11/17/2025 11/17/25 | For Sale | $2,099,000 | +19.9% | $589 / Sq Ft | |
| 04/05/2024 04/05/24 | Sold | $1,751,000 | -2.7% | $491 / Sq Ft | View Prior Sale |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- | |
| 11/05/2023 11/05/23 | For Sale | $1,800,000 | 0.0% | $505 / Sq Ft | |
| 11/05/2023 11/05/23 | Off Market | $1,800,000 | -- | -- | |
| 11/04/2023 11/04/23 | For Sale | $1,800,000 | +16.1% | $505 / Sq Ft | |
| 01/02/2018 01/02/18 | Sold | $1,550,000 | -1.9% | $435 / Sq Ft | View Prior Sale |
| 10/06/2017 10/06/17 | Pending | -- | -- | -- | |
| 09/28/2017 09/28/17 | Price Changed | $1,580,000 | -3.4% | $443 / Sq Ft | |
| 09/12/2017 09/12/17 | Price Changed | $1,635,000 | -6.6% | $459 / Sq Ft | |
| 08/29/2017 08/29/17 | For Sale | $1,750,000 | -- | $491 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,377 | $175,101 | $65,188 | $109,913 |
| 2024 | $35,377 | $175,101 | $65,188 | $109,913 |
| 2023 | $35,685 | $167,672 | $52,500 | $115,172 |
| 2022 | $35,685 | $173,496 | $52,500 | $120,996 |
| 2021 | $40,270 | $200,256 | $52,500 | $147,756 |
| 2020 | $27,085 | $121,582 | $31,500 | $90,082 |
| 2019 | $26,843 | $133,607 | $31,500 | $102,107 |
| 2018 | $23,266 | $117,782 | $31,500 | $86,282 |
| 2017 | $20,797 | $96,607 | $28,000 | $68,607 |
| 2016 | $19,349 | $96,607 | $28,000 | $68,607 |
| 2015 | $19,561 | $106,750 | $28,000 | $78,750 |
| 2014 | $15,122 | $81,504 | $23,625 | $57,879 |
| 2013 | $14,824 | $81,504 | $23,625 | $57,879 |
Source: Public Records
Agents Affiliated with this Home
-
Klopas Stratton Team
-
Paul Waitz
Seller Co-Listing Agent in 2025
Paul Waitz
Jameson Sotheby's Intl Realty
(312) 925-9328
3 in this area
55 Total Sales
-
Brady Miller
Buyer's Agent in 2025
Brady Miller
Cadence Realty
(773) 977-8553
7 in this area
355 Total Sales
-
Dee Thompson
Buyer's Agent in 2024
Dee Thompson
@ Properties
(312) 882-5822
1 in this area
33 Total Sales
-
Dione Craft
Buyer Co-Listing Agent in 2024
Dione Craft
@ Properties
(847) 894-4851
1 in this area
35 Total Sales
-
Jose Hernandez
Seller's Agent in 2018
Jose Hernandez
Coldwell Banker Realty
(312) 266-7000
27 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12519123
APN: 14283170240000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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