1228 Wellington Avenue, Lake View, Chicago, Illinois 60657
$1,060,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1894 |
| Property Taxes: | $21,095 |
| Days On Market: | 267 |
| Lot Size: | 0,07 |
Description
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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1894 | |
| — | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12311021 | |
| 14291150330000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 17 May, 2013 | Sold | $575,000 | MRED MLS |
| 25 Mar, 2013 | Under contract | $625,000 | MRED MLS |
| — | Last price change | $650,000 | MRED MLS |
| 23 Jan, 2013 | Listed for sale | $685,000 | MRED MLS |
| 20 May, 2025 | Sold | $1,060,000 | MRED MLS |
| 23 Apr, 2025 | Under contract | $1,190,000 | MRED MLS |
| 9 Apr, 2025 | Listed for sale | $1,190,000 | MRED MLS |
| 8 Dec, 2025 | Listed for sale | $2,999,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: Whirlpool
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 4 | |
| — | |
| — | |
| — | |
| — | |
| 25 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2013 | $10,370 |
| 2025 | $21,095 |
| 2025 | $18,885 |
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Listing Provided By
eXp Realty, LLC
