1138 W WELLINGTON AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60657
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12288970
Bedrooms 12
Maintenance Fees $7,500
Year Built 1891
Annual Tax Amount $15,824
Tax Year 2023
Lot Dimensions 24X125
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Area Chi - Lake View
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas,Forced Air,Indv Controls
Equipment CO Detectors
Fireplace N
Exterior
Community Features Curbs,Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Lot Description Common Grounds
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan,Public
New Construction false
Schools
Elementary Schools Agassiz Elementary School
High Schools Lincoln Park High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None