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1228 W Wellington Avenue, 
Chicago, IL 60657

$1,190,000


5

Beds


3

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Eli Gratz

eXp Realty, LLC.

Last updated:

April 16, 2025, 10:48 AM

MLS#

12311021

Source:

MLSNI

About This Home

1228 W Wellington Avenue

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.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1894

Price Summary

1,190,000

MLS #:

12311021

Last Updated:

April 16, 2025, 10:48 AM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1894


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$1,190,000

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