1140 West Wilson Avenue

Chicago, IL 60640

$7,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

1132-1140 w. Wilson Ave, presents a distinctive opportunity to acquire a fully custom-renovated building in the heart of Uptown. This property boasts micro-unit apartments on its upper floors, providing tenants an unparalleled blend of affordability and luxury. ownership stands to gain from leasing a unique product with minimal competition and efficient operational costs. Each apartment within The Bachelor showcases premium features, including in-unit laundry facilities, subway tiling, poured concrete...1132-1140 w. Wilson Ave, presents a distinctive opportunity to acquire a fully custom-renovated building in the heart of Uptown. This property boasts micro-unit apartments on its upper floors, providing tenants an unparalleled blend of affordability and luxury. ownership stands to gain from leasing a unique product with minimal competition and efficient operational costs. Each apartment within The Bachelor showcases premium features, including in-unit laundry facilities, subway tiling, poured concrete floors, and glass-enclosed rain showers. The retail tenants benefit from the property's proximity to the Wilson Red Line stop, as well as its strategic positioning across from Truman College.
  1. Listed by Steven Rapoport • Chicago Real Estate Resources

Property Details for 1140 West Wilson Avenue

Area
CHI - Uptown

Location

Listing Courtesy of Chicago Real Estate Resources
Add your commute
LISTING UPDATED: 04/28/2024 12:07 AM

Property Details for 1140 West Wilson Avenue

StatusActive
MLS #12035529
Days on Market11
Taxes$93,716 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1922
Lot Size0.29 AC / 12,811 SF
CountyCook County

Location

Listing Courtesy of Chicago Real Estate Resources
Add your commute

Building Information for 1140 West Wilson Avenue

Stories-Residences44Year Built1922Lot Size0.29 AC / 12,811 SF

Payment Calculator

$48,740 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,931

Property Taxes

$7,810

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1140 West Wilson Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Geographic Locale: Chicago North
  • Information: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Heat Pump
  • Electric: Other
  • Heat/Ventilation: Forced Air,Heat Pump
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 40
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 12811
  • Lot Size Square Feet: 12811.0
  • Stories: 3
  • Fire Protection: Other
  • # Of Offices: 0
  • # Of Stores: 4
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 7
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 44
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $860,758.00
  • Gross Scheduled Income: $860,758.00
  • Insurance Expense: $.00
  • Total Annual Expense Source: Combination
  • Total Monthly Income: 71730
  • Net Operating Income: $551,163.00
  • Operating Expense: $266,557.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1140 West Wilson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1140 West Wilson Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 10 to 12
Public - 9 to 12
Rating
School
Distance
Courtenay Elementary Language Arts Center
PublicPK to 8

Senn High School
Public9 to 12

YCCS-Truman Middle College HS
Charter10 to 12

Uplift Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1140 West Wilson Avenue is a mixed use property for sale in Chicago, IL 60640. This property was listed for sale on April 22, 2024 by Chicago Real Estate Resources, it's currently listed at $7,500,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Courtenay Elementary Language Arts Center, Senn High School and YCCS-Truman Middle College HS. 1140 West Wilson Avenue is a 0-bed, 0-bath, mixed use property built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chicago Real Estate Resources

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/28/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.