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: 219
Lot Size: 0,07
Map
Street View

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

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: Whirlpool
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

4
25 X 125
Not in DB

Tax History

Year Property Taxes
2013 $10,370
2025 $21,095

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Listing Provided By

eXp Realty, LLC