5745 W Wellington Avenue
Chicago, IL, 60634
$1,425,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,425,000
5745 W Wellington Avenue
Chicago, IL, 60634
MLS #MRD12207350 img 0MLS #MRD12207350 img 1MLS #MRD12207350 img 2MLS #MRD12207350 img 3MLS #MRD12207350 img 4MLS #MRD12207350 img 5MLS #MRD12207350 img 6MLS #MRD12207350 img 7MLS #MRD12207350 img 8MLS #MRD12207350 img 9MLS #MRD12207350 img 10MLS #MRD12207350 img 11MLS #MRD12207350 img 12MLS #MRD12207350 img 13MLS #MRD12207350 img 14MLS #MRD12207350 img 15MLS #MRD12207350 img 16MLS #MRD12207350 img 17MLS #MRD12207350 img 18MLS #MRD12207350 img 19MLS #MRD12207350 img 20
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

Net Operating Income
$116,619
Tax Year
2023
Taxes
$16,826
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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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5745 W Wellington Avenue
Chicago, IL