Address
1849 W Wellington Avenue, Chicago, IL
Price
$ 1,250,000
Property Attributes
  • MLS#12020030
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - North Center
  • NeighborhoodRoscoe Village
  • Zip60657
  • Style
  • Year Built1906
  • Taxes$ 20590
  • Price$ 1,250,000
  • Bedrooms10
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

1849 West Wellington is a charming four-unit property, comprising of a coach house and a front building. The coach house features two units, with a spacious four-bedroom, two-bath unit on the first floor and a cozy two-bedroom, one-bath unit on the second floor, complete with vaulted ceilings and a balcony. Laundry facilities are conveniently located within the coach house. Connected to the front building by a freshly painted deck and spiral staircase, the coach house seamlessly integrates with the property. The front building offers two additional units, including a two-bedroom, one-bath unit on the first floor and a similarly sized unit with vaulted ceilings on the second floor. With long-term tenants in place, this property generates great rental income while maintaining low expenses. Situated near Hamlin Park and Ashland Avenue, with its abundance of shopping and dining options, 1849 West Wellington enjoys a prime location on a peaceful one-way, tree-lined street. Family and dog-friendly, this property offers a welcoming environment for both investors and residents seeking to generate rental income while enjoying the comforts of home.

Price History
4/6/2024 Listed $1,250,000

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Closing
Exterior Features Balcony,Deck
Zoning MULTI
Year Built 1906
Township Lake View
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 102000
County Cook
Net Operating Income 83013
Insurance Expense 3600
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 19
Status Contingent
Directions Damen north from Diversey. East on Wellington
City Chicago
High School District 299
MLS Area CHI - North Center
Waterfront Y/N No
Street Name Wellington
Tax Annual Amount 20590
Electric Expense 300
Water Sewer Expense 2800
Days on Market 38
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Partial
Street Suffix Avenue
Total Bedrooms 10
Total Baths 5
Bedrooms Possible 10
Basement Unfinished
Full Baths Building 5
Total Number of Units 4

Exterior Features

Water Source Public
Lot Dimensions 25X125
Lot Size Acres 0.07
Exterior Frame

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60657

Price
AVG $680K
$1.25M
Taxes
AVG $10,128
$20,590
Visits
AVG 93
218
Data Provided by Inside Real Estate®
Year Built
AVG 1967
1906

Areas We Cover