1138 W WELLINGTON Avenue
Chicago, IL, 60657
$2,100,000
12 Beds
8 Baths
0 SqFt
0 Acres
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$2,100,000
1138 W WELLINGTON Avenue
Chicago, IL, 60657
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This property is a 4-unit investment opportunity in the heart of Chicago’s Lakeview Neighborhood. The building is comprised of four duplex units, with each being 3 bedroom, 2 bathroom. The entire property was fully renovated, with modernized floor plans, mechanicals, in-unit laundry, kitchens and bathrooms. The property also features a private landscaped courtyard between the front building and rear coach house. The property is located in the heart of Lakeview, on Wellington Avenue in between Racine & Sheffield. This property offers an investor the opportunity to enjoy a fully stabilized multi-unit investment property with the valuable addition of a highly active, professionally managed, fully licensed and furnished, short term rental unit, with 10 person occupancy. New ownership will step into an exceptionally-located building ripe for appreciation. All furnishings within the active AirBnb can be transferred at sale. Owners are licensed Illinois Brokers.

Property Details

Price:
$2,100,000
MLS #:
MRD12288970
Status:
Active
Beds:
12
Baths:
8
Address:
1138 W WELLINGTON Avenue
Type:
Multi Family
Neighborhood:
CHI – Lake View
City:
Chicago
Listed Date:
Mar 2, 2025
State:
IL
ZIP:
60657
Year Built:
1891

Schools

School District:
299
Elementary School:
Agassiz Elementary School
High School:
Lincoln Park High School

Interior

Heating
Natural Gas, Forced Air, Indv Controls

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Frame
Roof
Asphalt

Financial

Net Operating Income
$150,431
Tax Year
2023
Taxes
$15,824
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1138 W WELLINGTON Avenue
Chicago, IL