NOT LISTED FOR SALE

1129 W Wellington Ave Chicago, IL 60657

Lakeview Neighborhood
10 Beds
5 Baths
4,059 Sq Ft
1901 Built

Last Sold April 05, 2023

Last sale price $1,225,000 $302 Per Sq Ft

105 Days on Market

Highlights

  • Deck
  • 5-minute walk to Wellington Station
  • 2 Car Detached Garage
  • Lincoln Park High School Rated A
  • Balcony
  • Enclosed Patio or Porch

About This Home

As of April 2023

Welcome to Lakeview's Whimsical 3-Flat. You have not seen an investment property like this! This pristine building features a truly masterful renovation in a gorgeous vintage shell. You are welcomed by the beautiful Victorian yellow brick facade on an oversized 38 foot wide lot with gorgeous landscaping. The immaculately restored entrance has new limestone steps and original wrought iron railings. Entering the building, you are greeted by the original mosaic floor and Andy Warhol printed wall covering with a neon sign that instantly sets the tone for the property. The unit mix includes a massive duplex down and two simplex units. The two top floor units feature unbelievable attention to detail and a luxury travel vibe with a playful and sophisticated atmosphere. The charm of the units was preserved by restoring the original details like the millwork, fireplace and hardware. The units were designed with travelers in mind making it the perfect Air BNB turnkey investment opportunity. The lower level unit is ideal as an owner's home and in need of renovation but offers a lot of potential (see renderings). The backyard of the property is excellent for entertaining. It features a brand new steel porch, professional landscaping with new pavers, and an oversized brick two car garage. This is an incredible opportunity to own a beautiful value add building in Lakeview perfect for owner occupant and Air BNB operator.

Last Agent to Sell the Property

Andrei Savtchenko

Compass License #475164615 Listed on: 11/21/2022

Compass

Last Buyer's Agent

Patrick Dodd

Keller Williams ONEChicago License #475182708

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,158

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 38x122

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms
  • Soaking Tub

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Mechanical Septic System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,158

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Room Type: Enclosed Porch
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Central Air Conditioner,Fireplace-Artificial,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Brick Paver Patio, Storms/Screens
  • List Price: 1500000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Mechanical
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 38X122
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 29158
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $1,225,000 -18.3% $302 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
11/21/2022 11/21/22 For Sale $1,500,000 +7.9% $370 / Sq Ft
11/16/2018 11/16/18 Sold $1,390,000 -2.5% $342 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $1,425,000 0.0% $351 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $1,425,000 -- $351 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11638797

Midwest Real Estate Data (MRED)

APN: 14292150170000