1033 W Wellington Avenue, Chicago, IL 60657

Chicago
Local realty services provided by:Results Realty ERA Powered
1033 W Wellington Avenue,Chicago, IL 60657
$1,450,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joanne swanson
Office: berkshire hathaway homeservices chicago
MLS#:12627838
Source:MLSNI

Price summary

  • Price:$1,450,000

About this home

GREAT OPPORTUNITY FOR THE ADD-VALUE INVESTOR, LIVE-IN OWNER, OR SINGLE-FAMILY CONVERSION. RARE EXTRA-WIDE 37.5 x 124 LOT (ZONED R3). CERTIFIED / LEGAL 3-FLAT. This professionally managed building offers strong potential throughout including duplex-up or duplex-down configurations or expansion from the rear to create a larger single-family home making this an exceptional redevelopment opportunity on an oversized lot. Significant value-add potential includes updates to increase rental income and overall property value. Two-car garage with possible room to add a third parking space provides additional flexibility for future use. Central air and heat on the first and second floors along with high ceilings create a bright and comfortable living experience. Buyers should verify local ordinances regarding ADU possibilities and development options. The first floor will be vacant June 1st. Tenant 2 has been in place since 2020 and Tenant 3 since 2023 both long-term occupants. Lincoln Park...

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Home facts

  • Year built:1890
  • Listing ID #:12627838
  • Updated:May 14, 2026 at 10:56 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:16
  • Basement Description:Full

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1890
  • Architectural Style:Brownstone

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,450,000
  • Tax amount:$19,635 (2024)

Features and amenities

  • Amenities:Ceiling Fan(s)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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