$1,425,000
5745 W Wellington Avenue
Chicago, IL, 60634
This building is a true gem. Most of the work has been done in the last couple of years and it is ready for a new owner to have a worry free investment. The units are very spacious with nice room sizes. The rents are close to market but there is still room to increase them. Following is some of the work that has been done: Full roof tear off replaced with a new TPO roof and 5.2 inch insulation. Replaced 38 lentils above windows and spot tuck pointed the entire building. New copper plumbing and 8 individual hot water heaters. Each unit has new forced air HVAC. New 800amp electrical service and rewired all units with conduit and electrical boxes in each unit. Converted all 1 bedroom apartments to 2 bedrooms and 2 bedroom apartments to 3 bedrooms with additional layout changes to accommodate. All bathrooms have been updated with new tile, new vanities, new toilets, and flooring. All apartments have new kitchen cabinets, sinks, plumbing, and countertops. Appliances include stoves, dishwashers, microwaves, refrigerators, and washers and dryers in each unit. There are no units are in the basement so there is a possibility to duplex down.
Property Details
Price:
$1,425,000
MLS #:
MRD12207350
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5745 W Wellington Avenue
Type:
Commercial
Neighborhood:
CHI – Belmont Cragin
City:
Chicago
Listed Date:
Nov 10, 2024
State:
IL
ZIP:
60634
Year Built:
1930
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$16,826
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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5745 W Wellington Avenue
Chicago, IL
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