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1138 W Wellington Avenue

Chicago, IL 60657

12 beds
8 baths
– sqft
3,000 sqft lot
1891 build
– on site

This property is a 4-unit investment opportunity in the heart of Chicago's Lakeview Neighborhood. The building is comprised of four duplex units, with each being 3 bedroom, 2 bathroom. The entire property was fully renovated, with modernized floor plans, mechanicals, in-unit laundry, kitchens and bathrooms. The property also features a private landscaped courtyard between the front building and rear coach house. The property is located in the heart of Lakeview, on Wellington Avenue in between Racine & Sheffield. This property offers an investor the opportunity to enjoy a fully stabilized multi-unit investment property with the valuable addition of a highly active, professionally managed, fully licensed and furnished, short term rental unit, with 10 person occupancy. New ownership will step into an exceptionally-located building ripe for appreciation. All furnishings within the active AirBnb can be transferred at sale. Owners are licensed Illinois Brokers.

Listing courtesy of MRED / Compass as distributed by MLS GRID

Last checked: Checking… • Last updated Mar 30, 2025 •

MLS# 12288970 —

The Building

Year Built:

1891
Rebuilt:

No
New Construction:

false
New Construction:

No
Roof:

Asphalt
Basement:

Full
Foundation Details:

Brick/Mortar, Concrete Perimeter
Patio And Porch Features:

Deck
Other Equipment:

CO Detectors

Interior

Rooms Total:

34

Location

Directions:

WELLINGTON JUST EAST OF RACINE
Location:

87121

The Property

Parcel Number:

14292070440000
Property Type:

Residential Income
Lot Features:

Common Grounds
Lot Size Dimensions:

24X125
Zoning:

MULTI
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

15824.3

Beds

Bedrooms Total:

12
Bedrooms Possible:

12

Baths

Baths:

8
Full Baths:

8

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Forced Air, Indv Controls

Utilities

Sewer:

Public Sewer
Water Source:

Lake Michigan, Public

Schools

Elementary School:

Agassiz Elementary School
Elementary School District:

299
Middle Or Junior School District:

299
High School:

Lincoln Park High School
High School District:

299

The Community

Community Features:

Curbs, Sidewalks, Street Lights, Street Paved

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/5/25 Mar 5, 2025	Listed / Active	MRED	$2,175,000	190.0% (48.7% / YR)
4/12/21 Apr 12, 2021		MRED	$750,000	-9.1%
3/17/21 Mar 17, 2021		MRED	$825,000

Multifamily For Sale

$2,175,000

Listing provided by broker:

Michael Decker

Compass

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This multifamily located in North Side, Chicago, IL 60657 is currently for sale for $2,175,000. 1138 W Wellington Avenue is a – square foot multifamily with 12 beds and 8 baths that has been on Estately for 26 days. 1138 W Wellington Avenue is in the North Side neighborhood of Chicago and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Tubman Elementary School and Lincoln Park High School.

Listing courtesy of MRED, Compass, and Michael Decker as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Mar 30, 2025, 10:50 pm. 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. Properties may or may not be listed by the office/agent presenting the information.