This property is a 4-unit investment opportunity in the heart of Chicago's Lakeview Neighborhood. The building is comprised of four duplex units, with each being 3 bedroom, 2 bathroom. The entire property was fully renovated, with modernized floor plans, mechanicals, in-unit laundry, kitchens and bathrooms. The property also features a private landscaped courtyard between the front building and rear coach house. The property is located in the heart of Lakeview, on Wellington Avenue in between Racine & Sheffield. This property offers an investor the opportunity to enjoy a fully stabilized multi-unit investment property with the valuable addition of a highly active, professionally managed, fully licensed and furnished, short term rental unit, with 10 person occupancy. New ownership will step into an exceptionally-located building ripe for appreciation. All furnishings within the active AirBnb can be transferred at sale. Owners are licensed Illinois Brokers.
Features
12 bedrooms
8 bathrooms
cottageMulti-Family
Property history for 1138 West Wellington Avenue
2021
Sold
$750,000
12 Apr 2021 by Christie Ascione, of @properties Christie's International Real Estate
2012
Sold
$562,500
19 Jun 2012 by Mario Greco, of Berkshire Hathaway HomeServices KoenigRubloff
Happy sellers in Chicago
94%
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94% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.
Chicago stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
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Local market activity for 12 bedroom multi families in Chicago
Sold
For Sale
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