1129 W Wellington Avenue
Chicago, IL, 60657
$1,500,000
10 Beds
5 Baths
SqFt
0 Acres
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$1,500,000
1129 W Wellington Avenue
Chicago, IL, 60657
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Welcome to Lakeview’s Whimsical 3-Flat. You have not seen an investment property like this! This pristine building features a truly masterful renovation in a gorgeous vintage shell. You are welcomed by the beautiful Victorian yellow brick facade on an oversized 38 foot wide lot with gorgeous landscaping. The immaculately restored entrance has new limestone steps and original wrought iron railings. Entering the building, you are greeted by the original mosaic floor and Andy Warhol printed wall covering with a neon sign that instantly sets the tone for the property. The unit mix includes a massive duplex down and two simplex units. The two top floor units feature unbelievable attention to detail and a luxury travel vibe with a playful and sophisticated atmosphere. The charm of the units was preserved by restoring the original details like the millwork, fireplace and hardware. The units were designed with travelers in mind making it the perfect Air BNB turnkey investment opportunity. The lower level unit is ideal as an owner’s home and in need of renovation but offers a lot of potential (see renderings). The backyard of the property is excellent for entertaining. It features a brand new steel porch, professional landscaping with new pavers, and an oversized brick two car garage. This is an incredible opportunity to own a beautiful value add building in Lakeview perfect for owner occupant and Air BNB operator.

Property Details

Price:
$1,500,000 / $1,225,000
MLS #:
MRD11638797
Status:
Closed ((Apr 5, 2023))
Beds:
10
Baths:
5
Address:
1129 W Wellington Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Nov 21, 2022
State:
IL
ZIP:
60657
Year Built:
1901

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Exterior Features
Balcony, Deck, Brick Paver Patio, Storms/ Screens

Financial

Buyer Agent Compensation
2.5% – $395Net Sale Price
Tax Year
2021
Taxes
$29,158
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1129 W Wellington Avenue
Chicago, IL