- 11 Beds
- 4 Baths
- 3,700 Sqft
- 28 DOM
2156 West Wellington Avenue
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.
Essential Information
- MLS® #11996824
- Price$1,375,000
- Taxes$28,336
- Bedrooms11
- Bathrooms4.00
- Full Baths4
- Square Footage3,700
- Acres0.00
- Year Built1992
- TypeResidential
- Sub-TypeDetached Single
- StatusActive
Community Information
- Address2156 West Wellington Avenue
- AreaCHI - North Center
- CityChicago
- CountyCook
- StateIL
- Zip Code60618
Amenities
- Parking Spaces8
Interior
- HeatingNatural Gas
- CoolingCentral Air, Partial
- Has BasementYes
- BasementFull
- Stories1.5 Story
Exterior
- ExteriorBlock
School Information
- District299
- HighLake View High School
Additional Information
- Days on Market28
Listing Details
- OfficeKale Realty
Price Change History for 2156 West Wellington Avenue, Chicago, IL (MLS® #11996824)
| Date | Details | Change |
|---|---|---|
| Status Changed from Price Change to Active | – | |
| Status Changed from Active to Price Change | – | |
| Price Reduced from $1,500,000 to $1,375,000 | ||
| Status Changed from New to Active | – |
Kale Realty.
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Listing information last updated on May 13th, 2024 at 5:23am CDT.