1228 W Wellington Avenue
Chicago, IL 60657
- 5 beds
- 3 baths
- – sqft
- 3,049 sqft lot
- 1894 build
- – on site
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.
Last checked:
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Last updated Apr 15, 2025
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MLS# 12311021 —
The Building
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Year Built:1894
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Rebuilt:No
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New Construction:false
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New Construction:No
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Construction Materials:Aluminum Siding
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Roof:Asphalt
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Basement:Finished, Full, Daylight
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Patio And Porch Features:Deck, Patio
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Other Equipment:CO Detectors, Ceiling Fan(s)
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Window Features:Screens
Interior
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Room Type:Kitchen
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Rooms Total:12
Location
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Directions:On Wellington between Southport and Racine
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Location:85333
The Property
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Parcel Number:14291150330000
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Property Type:Residential Income
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Lot Size Dimensions:25 X 125
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Lot Size Acres:0.07
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Zoning:SINGL
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (414) 455-6274
- Office phone:
- (888) 574-9405
Taxes
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Tax Year:2022
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Tax Annual Amount:21095
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Curbs, Gated, Sidewalks, Street Lights, Street Paved
Parking
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Parking Total:4
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Parking Features:Garage Door Opener, Tandem, On Site, Garage Owned, Detached, Garage
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Garage Spaces:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/9/25
Apr 9, 2025
|
Listed / Active | MRED | $1,190,000 | 107.0% (9.0% / YR) |
5/17/13
May 17, 2013
|
MRED | $575,000 |