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About the Listing 10317 - 1014160,115606
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 High School. Prime Lakeview location walk to the Red Line and Illinois Masonic Medical Center and just moments from everything the neighborhood has to offer. Please note this property is being conveyed "as-is."
Listing Highlights
Status
Pending
Days on Site
25
Property Type
Multi-Family
MLS ®
12627838
Year Built
1890
Total Square Footage
0
Lot/Acreage
37.5 X124
Interior Details
- Bedrooms: 7
- Bathrooms: 3 Full
- Appliances: Ceiling Fan(s)
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 37.5 X124
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $19,635
- Taxes w/Assessments: N/A
- Tax/Property ID: 14292160080000
- Tax Year: 2024
Payment Calculator
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Questions About..
1033 W Wellington Ave Chicago, IL 60657
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