$415,000

25 Wellington Ave Mundelein, IL 60060

Estimated payment $2,768/month

Total Views 1,353
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Porch
  • Heating System Uses Steam
  • Mundelein Cons High School Rated A
  • Shed
  • Paved or Partially Paved Lot

About This Home

Two-flat property in the heart of Mundelein. Whether you're an investor seeking reliable rental income or a homeowner looking to live in one unit while renting the other, this property checks all the boxes. The upper unit features a spacious 3-bedroom layout, ideal for long-term tenants, complete with bright living spaces and functional kitchens. The lower unit offers 2 comfortable bedrooms, a cozy living area, and its own private entrance- making it perfect for renters Unit 1 is a charming English basement apartment featuring 2 bedrooms, 1 bathroom, a kitchen, and living room. Forced air and AC,. Currently rented at $1,300/month. Unit 2 occupies the upper level and offers 3 bedrooms and 1 bathroom.It boasts hardwood floors, an updated kitchen with granite countertops and stainless steel appliances, a modern bathroom, central air, and a small private deck. This unit rents for $1,300/month. Major systems have been updated, less then 10 years a go including electrical, plumbing, and roof A common laundry area includes a coin-operated washer and dryer. Additional features include paved parking and a usable yard space. Tenants are separately metered for electricity, gas, and cable. The upstairs tenant is also responsible for electricity used by the washer/dryer, shared hallway lighting, and water heating for laundry. Contact the listing agent for more details.

Listing Agent

Nate V

HomeSmart Connect License #475112406 Listed on: 08/07/2025

HomeSmart Connect

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,947

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49.97 x 150
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Included in Price

Outdoor Features

  • Shed
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,947

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Walk-Out Access
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner

Exterior Features

  • Construction Materials: Brick, Block
  • List Price: 415000
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Schools

  • Middle/Junior School District: 75

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 49.97 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5947
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,947 $61,111 $16,400 $44,711
2023 $5,947 $55,994 $15,027 $40,967
2022 $8,253 $82,717 $14,023 $68,694
2021 $6,623 $67,958 $13,532 $54,426
2020 $6,510 $66,088 $13,160 $52,928
2019 $6,297 $63,915 $12,727 $51,188
2018 $6,320 $57,370 $11,973 $45,397
2017 $6,177 $55,564 $11,596 $43,968
2016 $6,042 $52,772 $11,013 $41,759
2015 $5,923 $49,472 $10,324 $39,148
2014 $4,347 $42,948 $9,738 $33,210
2012 $4,077 $43,329 $9,824 $33,505
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $415,000 +97.6% --
06/12/2018 06/12/18 Sold $210,000 -6.7% $219 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $225,000 0.0% $234 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $225,000 0.0% $234 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $225,000 0.0% $234 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $225,000 0.0% $234 / Sq Ft
01/04/2018 01/04/18 Rented $1,190 +9.2% --
12/12/2017 12/12/17 For Rent $1,090 0.0% --
12/12/2017 12/12/17 Rented $1,090 -8.4% --
10/19/2017 10/19/17 For Rent $1,190 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Greater Metropolitan Title L
Deed $130,000 St
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $98,000 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12440781

Midwest Real Estate Data (MRED)

APN: 10-24-416-022