ClosedPrice Reduced

$949,000

$1,050,000
1501 Wilson Avenue, Chicago, IL 60640
7 Beds4 Baths35 days
1501 Wilson Avenue·Chicago, IL 60640
7Bedrooms
4Bathrooms
1903Year Built
About This Home

Set on a prominent corner lot in a truly special neighborhood, this charming Victorian has been held by the same family for generations-an increasingly rare find. Currently configured as three units, the property offers immediate scale and long-term upside for the right buyer with vision. The building's soul remains intact. Original ornate woodwork and period details still grace the interior, offering a strong foundation to restore and elevate the home's historic character. The rooms are generously sized, providing flexible layouts that can be reimagined to meet today's market demands-whether as refined rental units, luxury conversions, or a thoughtful blend of both. A full basement adds valuable utility and potential, while the detached two-car garage enhances convenience and future appeal. The corner lot setting not only increases light and presence but also strengthens long-term value in an already spectacular neighborhood. Offered AS-IS, presenting a rare opportunity to restore craftsmanship, honor its history, and unlock future potential.

MLS# 12577368Listed February 26, 2026Residential IncomeVictorian
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms11

Size & Structure

Garage Spaces2
Year Built1903
Lot Size0.080 acres

Location

CountyCook
TownshipLake View
Zip Code60640

Financial

List Price$949,000
Original Price$1,050,000
Annual Taxes (2024)$15,872
Monthly Tax Est.$1,323
Parcel #14171120190000
Interior Features

Heating

SteamRadiator(s)

Basement

Partially FinishedUnfinishedFullWalk-Out Access
Exterior & Lot

Construction

Aluminum SidingFrame

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$15,872
Tax Year 2024
Monthly Tax Est.
$1,323
per month
Price Reduced by $101,000
Original list price: $1,050,000
Property Location

1501 Wilson Avenue, Chicago, IL 60640 — Cook County

$949,000
1501 Wilson Avenue
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
35 days on market
2-car garage
0.080 acres
$15,872/yr taxes
Price reduced $101,000
$6,310
estimated monthly payment
Principal & Interest
$4,987/mo
Property Tax
$1,323/mo
$949,000
20% — $189,800
3%50%
6.875%
3%12%
Loan Amount
$759,200
Down Payment
$189,800

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

Listed by
Corcoran Urban Real Estate
Agent: Matt Silver
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