1228 W Wellington Ave., Chicago, IL 60657

1228 W Wellington Ave., Chicago, IL 60657
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$1,060,000
Sold on 5/20/25
Beds Baths Sq. Ft. Taxes Built
5 0.00 0 $21,095 1894
On the market: 41 days
View full details, 15 photos, school info, and price history
Currently a profitable long-term rental, with possibility to increase rents above 6k/mo. Live as the owner in the duplex up and generate rental income from the garden unit, or build your dream home by deconverting the 2-flat into a generous 3 story single family on one of Chicago's best blocks. Currently fully leased, this property can be delivered with tenants, if desired. This well-maintained Lakeview two-flat offers exceptional investment value with a proven track record of consistent rental income, featuring below-market rents with substantial room for growth. Located just 2 blocks from the Wellington Brown Line and minutes from Southport Corridor and Wrigleyville amenities, the property includes a spacious 3-bedroom duplex unit spanning two levels with open concept living, large windows, and two bathrooms; plus a great 2-bedroom ground-floor apartment with good natural light and in-unit laundry. The building showcases quality finishes throughout, including mahogany kitchen cabinets with burled oak inlays, glass tile backsplash, marble bathrooms with Jacuzzi tub, and desirable amenities like a two-car garage with extended pad for additional parking or potential outdoor deck expansion. Broker is related to owner. Do not disturb tenants.
Listing courtesy of Eli Gratz, eXp Realty