Closed

$1,450,000

1033 Wellington Avenue, Chicago, IL 60657
7 Beds3 Baths8 days
1033 Wellington Avenue·Chicago, IL 60657
7Bedrooms
3Bathrooms
1890Year Built
About This Home

GREAT OPPORTUNITY FOR THE ADD-VALUE INVESTOR, LIVE-IN OWNER, OR SINGLE-FAMILY CONVERSION. RARE EXTRA-WIDE 37.5 x 124 LOT (ZONED R3). CERTIFIED / LEGAL 3-FLAT. This professionally managed building offers strong potential throughout including duplex-up or duplex-down configurations or expansion from the rear to create a larger single-family home making this an exceptional redevelopment opportunity on an oversized lot. Significant value-add potential includes updates to increase rental income and overall property value. Two-car garage with possible room to add a third parking space provides additional flexibility for future use. Central air and heat on the first and second floors along with high ceilings create a bright and comfortable living experience. Buyers should verify local ordinances regarding ADU possibilities and development options. The first floor will be vacant June 1st. Tenant 2 has been in place since 2020 and Tenant 3 since 2023 both long-term occupants. Lincoln Park High School. Prime Lakeview location walk to the Red Line and Illinois Masonic Medical Center and just moments from everything the neighborhood has to offer. Please note this property is being conveyed "as-is."

MLS# 12627838Listed May 4, 2026Residential IncomeBrownstone
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms16

Size & Structure

Garage Spaces2
Year Built1890
Lot Size37.5 X124

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$1,450,000
Annual Taxes (2024)$19,635
Monthly Tax Est.$1,636
Parcel #14292160080000
Interior Features

Heating

Natural GasForced Air

Basement

OtherFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$19,635
Tax Year 2024
Monthly Tax Est.
$1,636
per month
Property Location

1033 Wellington Avenue, Chicago, IL 60657 — Cook County

$1,450,000
1033 Wellington Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
2-car garage
37.5 X124
$19,635/yr taxes
$9,257
estimated monthly payment
Principal & Interest
$7,620/mo
Property Tax
$1,636/mo
$1,450,000
20% — $290,000
3%50%
6.875%
3%12%
Loan Amount
$1,160,000
Down Payment
$290,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices Chicago
Agent: Joanne Swanson
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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