5424 W Wellington Avenue

Chicago, Illinois 60641

Davia Lipscher

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Square Footage

Property Type
Multiple Family
Belmont Cragin

Solid and well-maintained blonde brick, six unit building on a quiet, tree-lined street in Cragin. Located on a corner lot. 5,022 total SF building on a 30 ft x 126 ft lot. Sun-filled units with natural woodwork, hardwood floors, newer boiler, recent tuckpointing, recent lintel replacement, newer windows, individual storage units for each unit in two separate full basements, coin laundry for additional income and two car garage. Tenants pay for electric and cooking gas. Original finishes, but clean and functional throughout. Stable, long-term tenants on month-to-month leases. Units slightly under market, currently. Various option to update units one at a time and increase rents, as desired, or keep building as-is and turnkey for years to come. Close to transportation, schools, and shopping.

Full Features
Exterior Type: Brick
Basement: Unfinished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 5,022
Tax Amount: $8,649
Built: 1927
Parking Spaces: 2
Cooling System: None
Stories: 2
Roof: Rubber
Current Use: Residential-Multi-Family
Zoning: MULTI
Building Square Feet: 5,022
Current Net Income: $34,712
Unit 1: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 3: 4 room(s) / 1 bed(s) / 1 bath(s)
Unit 4: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 5: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 6: 4 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments
Taxes: $8,649

Listing Office: Krain Real Estate

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Belmont Cragin

Belmont Cragin is part of the Chicago North Side. Chicago North encompasses numerous affluent and up-and-coming neighborhoods located north of the Loop. Housing styles in Chicago North include a diverse mix of affordable single-family homes, apartment buildings, town homes, condominiums,…

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Nearby Public Transportation

Milwaukee District West, Milwaukee District North, Union Pacific Northwest

at Hanson Park Metra (1.30 miles away), Grayland Metra, Irving Park Metra

5424 W Wellington Avenue Chicago, Illinois 60641 is a multiple family property, which sold for $510,000. Want to learn more about 5424 W Wellington Avenue Chicago, Illinois 60641? Contact an @properties agent to request more info.

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