2156 West Wellington Avenue
2156 West Wellington Avenue
$1,500,000
11
4
3,700
3,700
$405
Description
Prime Roscoe Village location corner lot with existing commercial construction all masonry 2 level building, a total of 7400 sqft finished living space (3700 above grade/3700 below grade). Built by Novak Construction, completed in 1993 as a meeting, office and recreational space, now converted to a residential type (work/living) space and currently rented to a single tenant who pays gas, electric, and for 8 car parking in the rear. This premium sunny corner property boasts 3 lots with 3 separate...Prime Roscoe Village location corner lot with existing commercial construction all masonry 2 level building, a total of 7400 sqft finished living space (3700 above grade/3700 below grade). Built by Novak Construction, completed in 1993 as a meeting, office and recreational space, now converted to a residential type (work/living) space and currently rented to a single tenant who pays gas, electric, and for 8 car parking in the rear. This premium sunny corner property boasts 3 lots with 3 separate pin numbers [70' X 120'] measuring 8383.4 in total land SQFT. This site is ideal for a future development opportunity now offering three separate redevelopment options: 1) Adding an additional entire 2nd level to existing structure and converting to 3 huge 3700 sqft rental type units. 2) Tear down existing structure, develop 3 new SFH's on the 3 separate lots. 3) Redevelop as an all masonry 4-duplex unit 3-story new construction (38'-6" height allowance), as per plans included with the sale. The RT-3.5 Re-Zoning Amendment has been completed with an approved plan offering 4 new construction 2930 sqft condos, with a total of 11,718 sqft finished interior space including all variances and 6-car parking garage. See additioinal documents for plans. The current building is rented as a live/work space, with 11 bedrooms, 4 large baths, long term terrific tenants on a month-to-month type lease, paying $8130/mo. Annual NOI: $65,639. Rent is set to increase to $8335/mo on 6/1/24.
- Listed by John Willis • Kale Realty
Property Details for 2156 West Wellington Avenue
Area
CHI - North Center
TownshipLake View
OwnershipFee Simple
Num Of Parking Spaces8.0
Parking Included in PriceYes
Heat/FuelNatural Gas
Location
LISTING UPDATED: 04/30/2024 03:29 PM
Property Details for 2156 West Wellington Avenue
Status | Active |
---|---|
MLS # | 11996824 |
Days on Market | 15 |
Taxes | $28,336 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Detached Single / 1.5 Story |
Year Built | 1992 |
Lot Size | 0.19 AC / 8,383 SF |
County | Cook County |
Location
Building Information for 2156 West Wellington Avenue
Stories-Year Built1992Building Size-Lot Size0.19 AC / 8,383 SF
Payment Calculator
$10,547 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2156 West Wellington Avenue
Property History for 2156 West Wellington Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2156 West Wellington Avenue
Taxable ValueLand$25,370Additions$10,811Total$36,181
Tax Record2022$7,442 ($620 / month)
Home Facts
Baths3Total Finished SqFt3,700 SqFtAbove Grade Finished SqFt3,700 SqFtStories1Lot Size2,537 SqFtStyleMulti-Family Res (5+ Units)Year Built1992CountyCOOKAPN14-30-110-037
Schools near 2156 West Wellington Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 11 to 12 |
Rating | School | Distance |
---|---|---|
Jahn Elementary School PublicPK to 8 | ||
Lake View High School Public9 to 12 | ||
Alcott College Prep Public9 to 12 | ||
Devry Advantage Academy High School Public11 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.
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