Closed

$450,000

5225 Wellington Avenue, Chicago, IL 60641
4 Beds2 Baths83 days
5225 Wellington Avenue·Chicago, IL 60641
4Bedrooms
2Bathrooms
1931Year Built
About This Home

**Incredible opportunity in the heart of Belmont Cragin!** First time on the market in over 50 years. This classic Chicago 2-flat sits on an oversized lot and offers endless potential for investors, contractors, or homeowners with vision. Keep it as a 2-flat or reconvert it to a spacious single family home. Featuring generous room sizes, original character, and a flexible layout, this property is primed for cosmetic updating and ready to be transformed into a true gem. The first-floor unit offers a spacious and traditional Chicago layout with a large living room, formal dining room, an eat-in kitchen, 2 bedrooms plus a tandem room-perfect for a home office, nursery, or additional bedroom. This level also connects directly to the partially finished basement, which includes exterior access, laundry room and additional living space. The second-floor unit mirrors the charm of the first floor with its own large living room plus tandem office space, dining room, 2 bedrooms, and a bright, spacious eat-in kitchen. Both units offer strong rental potential. Step outside to find a lovely backyard and a 2-car garage for convenient parking and storage. This unique setup is ideal for multigenerational living. Located in the vibrant Belmont Cragin neighborhood, residents enjoy the warmth of a long-established community known for its friendly atmosphere, local eateries, beautiful parks, and easy access to shopping. The area offers convenient public transportation options and close proximity to major routes, making commuting throughout the city a breeze. Whether you're an investor searching for strong rental upside, a contractor seeking your next project, or a homeowner dreaming of converting a large multi-unit into a sprawling single-family home, this property provides the square footage, location, and potential to bring your vision to life. With its solid structure, desirable lot size, and unbeatable versatility, this Belmont Cragin 2-flat is an opportunity you don't want to miss.

MLS# 12517598Listed September 5, 2025Residential IncomeBungalow
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1931
Lot Size30 x 125

Location

CountyCook
TownshipJefferson
Zip Code60641

Financial

List Price$450,000
Annual Taxes (2023)$1,005
Monthly Tax Est.$84
Parcel #13281210120000
Interior Features

Heating

Radiant

Basement

Partially FinishedFull
Exterior & Lot

Construction

Vinyl SidingBrick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$1,005
Tax Year 2023
Monthly Tax Est.
$84
per month
Property Location

5225 Wellington Avenue, Chicago, IL 60641 — Cook County

$450,000
5225 Wellington Avenue
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
83 days on market
2-car garage
30 x 125
$1,005/yr taxes
$2,449
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$84/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

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

Listed by
Coldwell Banker Realty
Agent: Laura Herlo
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

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

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.