3615 N Wilton Ave

Chicago, IL 60613

$3,695,000
Last Sold Price
19
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

TOTAL Gut Rehab/New Construction All-Brick 5-Unit Building in Prime East Lakeview! Each expansive, condo-quality unit is crafted with designer finishes and showcases a modern, open-concept floor plan that makes an impression. Key Features: * Spacious Condo-Quality Units: Generous floor plans with high ceilings, abundant natural light, and sleek hardwood floors throughout, including common areas. * Perfect for Roommates: Each bedroom is equally sized, comfortably fitting a queen bed and dresser. *...TOTAL Gut Rehab/New Construction All-Brick 5-Unit Building in Prime East Lakeview! Each expansive, condo-quality unit is crafted with designer finishes and showcases a modern, open-concept floor plan that makes an impression. Key Features: * Spacious Condo-Quality Units: Generous floor plans with high ceilings, abundant natural light, and sleek hardwood floors throughout, including common areas. * Perfect for Roommates: Each bedroom is equally sized, comfortably fitting a queen bed and dresser. * Gourmet Kitchen & Designer Finishes: Modern and stylish kitchens open into bright, airy living spaces, perfect for entertaining. * Luxurious Conveniences: Full-size front load washer/dryer in every unit, central A/C, individual furnaces, and a security intercom system for peace of mind. * Outdoor Living: Enjoy multiple outdoor spaces to soak in the city vibes. Rent Roll/Financials: 5,600 = 4 bed / 3 bath garden #G, 6,000 = 4 bed / 3 simplex #1, 6,200 = 4 bed / 3 bath simplex #2, 6,200 = 4 bed / 3 bath simplex #3, 5,000 = 3 bed / 3 bath penthouse #4, 700 = 3 Parking Spaces (rented 2 for 350 each), 29,700 = Monthly Rent, 6,650 = Annual Move-In Fees, TOTAL Annual Rental Income = 363,050, TOTAL Annual Operating Expenses = 73,445, NOI (prior to debt service) = 289,605, GRM = 10.9, CAP RATE = 7.4 Location Perks: Nestled in vibrant East Lakeview, you're walking distance to the lakefront, CTA Red Line, and all the restaurants, cafes, and entertainment that make this area one of Chicago's most desirable neighborhoods. Don't miss this rare investment opportunity-ideal for 1031 exchanges or any buyer looking for a great return on on their investment! You will not find anything else like this on on the market!!! Agent interest.

Listing Agents

  1. Dusanka Verschuur

    Dusanka Verschuur

    Listing Agent

    Compass

    dverschuur@compass.com

    P: (312)-953-3570

  2. Emily Smart LeMire

    Emily Smart LeMire

    Alternative Listing Agent

    Compass

    emily.lemire@compass.com

    P: (312)-401-5949

Sold By Richland Global Inc

Property Details for 3615 North Wilton Avenue

Area
CHI - Lake View
Township
Lake View
Zoning
MULTI
LISTING UPDATED: 03/13/2025 03:05 AM

Property Details for 3615 North Wilton Avenue

StatusClosed
MLS #12206392
Days on Market51
Taxes$26,374 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built2024
Lot Size0.07 AC / 3,000 SF
CountyCook County
Add your commute

Building Information for 3615 North Wilton Avenue

Stories5Residences5Year Built2024Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$21,557 per month

30 year fixed, 6.845% Interest

Principal and Interest

$19,360

Property Taxes

$2,198

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3615 North Wilton Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,48-Hr Notice Required,No Sign on Property,City,Leases Avaliable,Othr-Call List Agent
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • # Of Washers: 5
  • Basement Description: Finished
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit,Individual Furnaces
  • # Of Refrigerators: 5
  • # Of Dryers: 5
  • # Of Disposals: 5
  • # Of Dishwashers: 5
  • Num of Baths: 15.0
Exterior Features
  • Misc Outside: Balcony/ies,Security Gate,Security Lighting,Storms and Screens (as exist),Sun Deck
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: New Rehab
  • Multi-Family Type: Flats,Four Plus One
  • Lot Dimensions: 24X125
  • Lot Size Square Feet: 3000.0
  • Stories: 5
  • Exterior Building Type: Brick, Stone, Limestone
  • Construction: Brick, Steel Siding, Stone
  • Fire Protection: Smoke or Fire Protectors,Sprinklers,Carbon Monoxide Detector(s)
  • Building Area Total: 8509
  • # Of Ranges: 5
  • Conversion: Y
Property and Assessments
  • Documents Available: Rent Roll,Leases,Floor Plan,Operating Statement
  • Public Document Count: 6
  • Document Date: 2024-11-18T17:39:39
  • Photos Count: 39
  • Deconversion: N
Miscellaneous
  • Land Amenities: Security Entrance,Sidewalks
  • Location: Corner,Mixed Use Area,TIF Zone,In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 11-08-2024
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $420.00
  • Fuel Expense: $1,380.00
  • Gross Income: $363,050.00
  • Gross Scheduled Income: $356,400.00
  • Insurance Expense: $5,864.00
  • Maintenance Expense: $9,050.00
  • Manager Expense: $14,256.00
  • Electric Expense Source: Combination
  • Expense Year: 2024
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Combination
  • Insurance Expense Source: Combination
  • Janitor Expense: 900
  • Manager Expense Source: CO
  • Other Expense Source: Combination
  • Repairs-Decor Expense Source: Combination
  • Trash Expense Source: Combination
  • Total Monthly Income: 29700
  • Water Expense Source: Combination
  • Net Operating Income: $289,605.00
  • Operating Expense: $73,445.00
  • Other Expense: $11,301.00
  • Trash Expense: $1,000.00
  • Water Sewer Expense: $2,900.00
Unit 1
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 3615 North Wilton Avenue

DateEvent & SourcePriceAppreciation
Feb 28, 2025

Sold

MRED #12206392

$36,950,000
Feb 28, 2025

Sold

MRED #12206392

$3,695,000
Feb 20, 2025

Sold (Public Record)

Public Record #1552448025

$3,695,000

+294.3% / yr

Nov 8, 2024

Cancelled

MRED #12185568

$3,900,000
Oct 28, 2024

Listed (Active)

MRED #12185568

$3,900,000
Oct 17, 2024

Listed (Active)

MRED #12185568

$3,900,000
Jul 29, 2022

Sold

MRED #11461694

$1,050,000
Jul 18, 2022

Sold (Public Record)

Public Record #1496240258

$105,000
Jul 18, 2022

Sold (Public Record)

Public Record #1497965761

$105,000
Jul 12, 2022

Pending

MRED #11461694

Jul 12, 2022

Listed (Active)

MRED #11461694

$1,050,000
Apr 21, 2022

Pending

MRED #11461694

Apr 14, 2022

Listed (Active)

MRED #11461694

$1,050,000
DateEvent & SourcePrice
02/28/2025

Sold

MRED #12206392

$36,950,000
02/28/2025

Sold

MRED #12206392

$3,695,000
02/20/2025

Sold (Public Record)

Public Record #1552448025

$3,695,000

+294.3% / yr

11/08/2024

Cancelled

MRED #12185568

$3,900,000
10/28/2024

Listed (Active)

MRED #12185568

$3,900,000
10/17/2024

Listed (Active)

MRED #12185568

$3,900,000
07/29/2022

Sold

MRED #11461694

$1,050,000
07/18/2022

Sold (Public Record)

Public Record #1496240258

$105,000
07/18/2022

Sold (Public Record)

Public Record #1497965761

$105,000
07/12/2022

Pending

MRED #11461694

07/12/2022

Listed (Active)

MRED #11461694

$1,050,000
04/21/2022

Pending

MRED #11461694

04/14/2022

Listed (Active)

MRED #11461694

$1,050,000

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

Public Records for 3615 North Wilton Avenue

Taxable ValueLand$45,000Additions$80,000Total$125,000
Tax Record2023$26,374 ($2,198 / month)
Home Facts
Baths5.5Total Finished SqFt4,121 SqFtAbove Grade Finished SqFt4,121 SqFtStories3Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN14-20-229-013Fireplace TypeHas Fireplace

Schools near 3615 North Wilton Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - K to 8
Rating
School
Distance
Greeley Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Inter-American Elementary Magnet School
PublicPK to 8

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.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/13/2025 03:05 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.