1033 W Wellington Ave., Chicago, IL 60657

1033 W Wellington Ave., Chicago, IL 60657
Photo 1 of 20
$1,450,000
Beds Baths Sq. Ft. Taxes Built
7 0 $19,635 1890
On the market: 3 days

Est. Monthly Payment:

$10,318($8,682 + $1,636 taxes*)

Don't let your dream home get away from you! Be prepared!  Get qualified for a home loan today.

APPROVED
View full details, photos, school info, and price history
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. 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."
Listing courtesy of Joanne Swanson, Berkshire Hathaway HomeServices Chicago