5745 West Wellington Avenue

Chicago, IL 60634

$1,425,000
Price
18
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This building is a true gem. Most of the work has been done in the last couple of years and it is ready for a new owner to have a worry free investment. The units are very spacious with nice room sizes. The rents are close to market but there is still room to increase them. Following is some of the work that has been done: Full roof tear off replaced with a new TPO roof and 5.2 inch insulation. Replaced 38 lentils above windows and spot tuck pointed the entire building. New copper plumbing and 8...This building is a true gem. Most of the work has been done in the last couple of years and it is ready for a new owner to have a worry free investment. The units are very spacious with nice room sizes. The rents are close to market but there is still room to increase them. Following is some of the work that has been done: Full roof tear off replaced with a new TPO roof and 5.2 inch insulation. Replaced 38 lentils above windows and spot tuck pointed the entire building. New copper plumbing and 8 individual hot water heaters. Each unit has new forced air HVAC. New 800amp electrical service and rewired all units with conduit and electrical boxes in each unit. Converted all 1 bedroom apartments to 2 bedrooms and 2 bedroom apartments to 3 bedrooms with additional layout changes to accommodate. All bathrooms have been updated with new tile, new vanities, new toilets, and flooring. All apartments have new kitchen cabinets, sinks, plumbing, and countertops. Appliances include stoves, dishwashers, microwaves, refrigerators, and washers and dryers in each unit. There are no units are in the basement so there is a possibility to duplex down.
  1. Listed by Dan Cvejic • Chicago Realty Professionals

Property Details for 5745 West Wellington Avenue

Area
CHI - Belmont Cragin
Township
Jefferson
Zoning
MULTI
LISTING UPDATED: 11/12/2024 02:04 AM

Property Details for 5745 West Wellington Avenue

StatusNew
MLS #12207350
Days on Market5
Taxes$16,826 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Courtyard
Year Built1930
Lot Size0.17 AC / 7,335 SF
CountyCook County

Building Information for 5745 West Wellington Avenue

Stories2Residences8Year Built1930Building Size-Lot Size0.17 AC / 7,335 SF

Property Information for 5745 West Wellington Avenue

General Information
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Over 600 Amps
  • # Of Washers: 8
  • Basement Description: Unfinished
  • Heat/Ventilation: Forced Air
  • # Of Refrigerators: 8
  • Washer/Dryer Lsd: No
  • # Of Dryers: 8
  • # Of Dishwashers: 8
  • Num of Baths: 8.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Courtyard
  • Lot Dimensions: 59 X 125
  • Lot Size Square Feet: 7335.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Lot Size Source: County Records
  • # Of Ranges: 8
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $1,200.00
  • Fuel Expense: $.00
  • Gross Income: $160,500.00
  • Gross Scheduled Income: $160,500.00
  • Insurance Expense: $6,600.00
  • Maintenance Expense: $3,000.00
  • Manager Expense: $6,500.00
  • Electric Expense Source: Combination
  • Expense Year: 2023
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Combination
  • Insurance Expense Source: Combination
  • Janitor Expense: 2400
  • Manager Expense Source: CO
  • Other Expense Source: Combination
  • Repairs-Decor Expense Source: Combination
  • Trash Expense Source: Combination
  • Total Monthly Income: 13375
  • Water Expense Source: Combination
  • Net Operating Income: $116,619.00
  • Operating Expense: $27,054.00
  • Other Expense: $1,000.00
  • Trash Expense: $2,500.00
  • Water Sewer Expense: $4,680.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
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 5745 West Wellington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5745 West Wellington Avenue

Taxable ValueLand$13,203Additions$66,546Total$79,749
Tax Record2022$16,403 ($1,367 / month)
Home Facts
Stories2Lot Size7,335 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyCOOKAPN13-29-220-021

Schools near 5745 West Wellington Avenue

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

Steinmetz Academic Centre High School
Public9 to 12

Chicago Academy High School
Public9 to 12

Chicago Academy Elementary 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.

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5745 West Wellington Avenue is a multi-family home for sale in Chicago, IL 60634. This property was listed for sale on November 10, 2024 by Chicago Realty Professionals, it's currently listed at $1,425,000. This listing's school district is Chicago Public Schools. Nearby schools include Camras Elementary School, Steinmetz Academic Centre High School and Chicago Academy High School. 5745 West Wellington Avenue is a 18-bed, 8-bath, multi-family home built in 1930.

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.

Listing Courtesy of Chicago Realty Professionals

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 11/12/2024 02:04 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.