1645 N Wells Street
Chicago, IL, 60614
$5,395,000
Beds
0 Baths
12,068 SqFt
0 Acres
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$5,395,000
1645 N Wells Street
Chicago, IL, 60614
MLS #MRD12388054 img 0MLS #MRD12388054 img 1MLS #MRD12388054 img 2MLS #MRD12388054 img 3MLS #MRD12388054 img 4MLS #MRD12388054 img 5MLS #MRD12388054 img 6MLS #MRD12388054 img 7MLS #MRD12388054 img 8MLS #MRD12388054 img 9MLS #MRD12388054 img 10MLS #MRD12388054 img 11MLS #MRD12388054 img 12
Fully Renovated 15-Unit building in the Heart of Old Town. Everything was done on this property – new roof, windows, massive back decks, water service, electrical service, insulation including gypcrete and blown in insulation between floors, kitchens, baths, plumbing, HVAC, electrical, and more. Truly a turn-key property with additional upside through rental increases and implementing bundles services/internet fees. Easy access to public transit, Old Town shops and restaurants. There is one small commercial tenant in the front of the building on a 5 year lease.

Property Details

Price:
$5,395,000
MLS #:
MRD12388054
Status:
Active
Beds:
0
Baths:
0
Address:
1645 N Wells Street
Type:
Commercial
Neighborhood:
CHI – Lincoln Park
City:
Chicago
Listed Date:
Jun 12, 2025
State:
IL
Finished Sq Ft:
12,068
Total Sq Ft:
12,068
ZIP:
60614
Year Built:
1935

Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$11,500
Net Operating Income
$350,504
Tax Year
2023
Taxes
$35,686
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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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1645 N Wells Street
Chicago, IL