ClosedPrice Reduced

$1,550,000

$1,650,000
1256 WELLINGTON Avenue, Chicago, IL 60657
9 Beds6 Baths85 days
1256 WELLINGTON Avenue·Chicago, IL 60657
9Bedrooms
6Bathrooms
1891Year Built
About This Home

Extremely rare investment opportunity in Lakeview. Two buildings, 4 units on 30x124 corner lot with solid cash flow. A total of 9 bedrooms & 6 bathrooms. All currently leased. Classic 2.5 story, 2,500sqft frame 2-flat building situated in the front of the lot hosts 2 units. First floor unit is a 2/2 duplex down. Second floor unit 1+ den. Much larger, 3,000sqft loft building located in the rear made of brick & timber hosts 2 units. First floor unit boasts 3 bedrooms & one bathroom. Second floor unit has high potential to be an owner's unit and boasts 3 bedrooms and 2 full bathrooms. Truly unique for the marketplace. Exterior parking space accommodates one large vehicle. Both buildings were gut rehabbed in 2008 with quality finishes.

MLS# 09636037Listed May 23, 2017Residential IncomeOther
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms6
Total Rooms23

Size & Structure

Year Built1891
Lot Size30 X 124

Location

CountyCook
TownshipLAKE VIEW
Zip Code60657

Financial

List Price$1,550,000
Original Price$1,650,000
Annual Taxes (2015)$17,421
Monthly Tax Est.$1,452
Parcel #14291150220000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

AsphaltFlat

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteOwned
Schools
Elementary
AGASSIZ ELEMENTARY SCHOOL
District: 299
High School
LINCOLN PARK HIGH SCHOOL
District: 299
Tax & Financial
Annual Taxes
$17,421
Tax Year 2015
Monthly Tax Est.
$1,452
per month
Price Reduced by $100,000
Original list price: $1,650,000
Property Location

1256 WELLINGTON Avenue, Chicago, IL 60657 — Cook County

$1,550,000
1256 WELLINGTON Avenue
9 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
85 days on market
30 X 124
$17,421/yr taxes
Price reduced $100,000
$9,598
estimated monthly payment
Principal & Interest
$8,146/mo
Property Tax
$1,452/mo
$1,550,000
20% — $310,000
3%50%
6.875%
3%12%
Loan Amount
$1,240,000
Down Payment
$310,000

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

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

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