5745 W Wellington Ave Chicago, IL 60634
Belmont Central Neighborhood
--
Bed
--
Bath
--
Sq Ft
7,335
Sq Ft Lot
Highlights
- 7,335 Sq Ft lot
- Courtyard
- Forced Air Heating and Cooling System
About This Home
As of April 2025This building is a true gem. Most of the work has been done in the last couple of years and it is ready for a new owner to have a worry free investment. The units are very spacious with nice room sizes. The rents are close to market but there is still room to increase them. Following is some of the work that has been done: Full roof tear off replaced with a new TPO roof and 5.2 inch insulation. Replaced 38 lentils above windows and spot tuck pointed the entire building. New copper plumbing and 8 individual hot water heaters. Each unit has new forced air HVAC. New 800amp electrical service and rewired all units with conduit and electrical boxes in each unit. Converted all 1 bedroom apartments to 2 bedrooms and 2 bedroom apartments to 3 bedrooms with additional layout changes to accommodate. All bathrooms have been updated with new tile, new vanities, new toilets, and flooring. All apartments have new kitchen cabinets, sinks, plumbing, and countertops. Appliances include stoves, dishwashers, microwaves, refrigerators, and washers and dryers in each unit. There are no units are in the basement so there is a possibility to duplex down.
Last Agent to Sell the Property
Chicago Realty Professionals License #471015555 Listed on: 11/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,826
Year Built
- Built in 1930
Lot Details
- 7,335 Sq Ft Lot
- Lot Dimensions are 59 x 125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
Additional Features
- 2-Story Property
- Courtyard
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $1,200
- Insurance Expense $6,600
- Maintenance Expense $3,000
- Manager Expense $6,500
- Other Expense $1,000
- Trash Expense $2,500
- Water Sewer Expense $4,680
- Operating Expense $27,054
- Gross Income $160,500
- Net Operating Income $116,619
Similar Home in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $1,407,500 | -1.2% | -- |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/10/2024 11/10/24 | For Sale | $1,425,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Dan Cvejic
Seller's Agent in 2025
Dan Cvejic
Chicago Realty Professionals
(773) 339-2058
1 in this area
20 Total Sales
-
Paul Fortman
Buyer's Agent in 2025
Paul Fortman
@ Properties
(773) 987-6056
3 in this area
102 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12207350
APN: 13292200210000
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