IL > Chicago
Chicago, IL 60657,1138 W WELLINGTON Avenue
Chicago, IL 60657,1138 W WELLINGTON Avenue
Chicago, IL 60657,1138 W WELLINGTON Avenue
34
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$2,100,000
Est. payment /mo
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12 Beds
Price Dropped by $75K

1138 W WELLINGTON Avenue Chicago, IL 60657

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Paul Osipoff

Paul Osipoff

+1(708) 441-5241

UPDATED:

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

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

Community Curbs, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air, Indv Controls

Fireplace N

Exterior

View Y/N true

Roof Type Asphalt

Building

Lot Description Common Grounds

Foundation Brick/Mortar, Concrete Perimeter

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Aluminum Siding

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

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Decker • Compass

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agent

Paul Osipoff

Broker | License ID: 475.175198

+1(708) 441-5241

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1138 W WELLINGTON Avenue