Closed

$1,500,000

1129 Wellington Avenue, Chicago, IL 60657
10 Beds5 Baths107 days
1129 Wellington Avenue·Chicago, IL 60657
10Bedrooms
5Bathrooms
1901Year Built
About This Home

Welcome to Lakeview's Whimsical 3-Flat. You have not seen an investment property like this! This pristine building features a truly masterful renovation in a gorgeous vintage shell. You are welcomed by the beautiful Victorian yellow brick facade on an oversized 38 foot wide lot with gorgeous landscaping. The immaculately restored entrance has new limestone steps and original wrought iron railings. Entering the building, you are greeted by the original mosaic floor and Andy Warhol printed wall covering with a neon sign that instantly sets the tone for the property. The unit mix includes a massive duplex down and two simplex units. The two top floor units feature unbelievable attention to detail and a luxury travel vibe with a playful and sophisticated atmosphere. The charm of the units was preserved by restoring the original details like the millwork, fireplace and hardware. The units were designed with travelers in mind making it the perfect Air BNB turnkey investment opportunity. The lower level unit is ideal as an owner's home and in need of renovation but offers a lot of potential (see renderings). The backyard of the property is excellent for entertaining. It features a brand new steel porch, professional landscaping with new pavers, and an oversized brick two car garage. This is an incredible opportunity to own a beautiful value add building in Lakeview perfect for owner occupant and Air BNB operator.

MLS# 11638797Listed November 21, 2022Residential Income
Property Details

Beds & Baths

Total Bedrooms10
Total Bathrooms5
Total Rooms20

Size & Structure

Garage Spaces2
Year Built1901
Lot Size38X122

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$1,500,000
Annual Taxes (2021)$29,158
Monthly Tax Est.$2,430
Parcel #14292150170000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Brick

Exterior Features

Balcony

Patio & Porch

DeckPatio
Utilities & Parking

Sewer

Septic-Mechanical

Water Source

Public

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$29,158
Tax Year 2021
Monthly Tax Est.
$2,430
per month
Property Location

1129 Wellington Avenue, Chicago, IL 60657Cook County

$1,500,000
1129 Wellington Avenue
10 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
107 days on market
2-car garage
38X122
$29,158/yr taxes
$10,313
estimated monthly payment
Principal & Interest
$7,883/mo
Property Tax
$2,430/mo
$1,500,000
20% — $300,000
3%50%
6.875%
3%12%
Loan Amount
$1,200,000
Down Payment
$300,000

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

Listed by
Compass
Agent: Andrei Savtchenko
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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