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2156 W Wellington Avenue, Chicago, IL 60618
$1,500,000
2156 W Wellington Avenue, Chicago, IL 60618View this property at 2156 W Wellington Avenue, Chicago, IL 60618
2156 W Wellington AvenueChicagoIL60618
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Property Description
DEVELOPER ALERT! --PLANS INCLUDED!-- Prime Roscoe Village location on a [70' X 120'] corner lot with recent City of Chicago Zoning approved plans for a New Construction, 4-duplex unit, 3-story residential building, with two 3-car garages off the 16' rear alley. The plan allows for (4) 2930 sqft units (inclusive of lower levels), with both above garage and above 3rd floor penthouse roof decks. Re-zoned to RT-3.5 with plans, a FAR of 1.05, a 3 story building height of 38'-6" plus parapet & walkout 'dog house' rooftop deck access. The plan highlights include, generous front and side yard setbacks, unobstructed natural light on all sides, room for onsite outdoor kids play area, and private dog run. Interior features four 4 bedroom, 2 full and 2 half bath units, each with large open combination living, dining, recreation layouts and huge 23' x 22' covered rear private deck spaces. Additionally, each unit would have its own above garage or above 3rd level private rooftop deck space. SEE ADDITIONAL DOCUMENTS FOR PLAN details. Option 2: Redevelop 2 or 3 new SFH's on the 3 separate lots. Hamlin Park, is less than 2 blocks east, with tennis & basketball courts, baseball diamonds, a dog run, and outdoor pool making this an owners dream location. Additionally, the Roscoe Village Riverfront expansion with recently added boat launch, and river walk coming soon makes this spot even more appealing. At present there is an existing 1-story structure on the site, currently rented as a live/work space, with 11 bedrooms, 4 large baths, long term punctual tenants on a month-to-month lease, paying $8130/mo. plus utilities with an annual NOI: $65,639. Rent is set to increase to $8335/mo on 6/1/24.
Full Property Details
Full Property Details for 2156 W Wellington Ave
General
- Price: $1,500,000
- Taxes: $28,336 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: 12015831
- Updated: 4/28/2024
- Added to Site: 14 day(s) ago
Location
- Area: CHI - North Center
- County: Cook
- Township: Lake View
- Driving Directions: 2154/2156/2158 W. Wellington at corner of Leavitt & Wellington
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- High School: Lake View High School
- Private School: Lake View High School
Heating & Cooling
- Cooling Type: Central Air Conditioning, Partial
- Heating Type: Natural Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Current Bldg. Use: Single Family
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 8383.4
- Frontage: Public Road
- Frontage Feet: 70
- Street/Road Desc.: Asphalt
- Potential Use: Multi-Family, Single Family
Financial Considerations
- Tax Amount: $28,336
- Tax Year: 2022
- Tenant Pays: Electricity
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 14301100380000
Listed by Kale Realty
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Schools
Schools serving 2156 W Wellington Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3149 N Wolcott Ave, Chicago, IL 60657 | PK-8 | 0.4 mi | |
4015 N Ashland Ave, Chicago, IL 60613 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2156 W Wellington Ave
Date
Details
Price
Change
Source
4/15/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2156 W Wellington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,497
-3%
$55,899
-5%
2021
$11,877
32%
$59,062
46%
2020
$8,983
-3%
$40,325
-12%
2019
$9,258
-2%
$46,080
-4%
2018
$9,478
37%
$47,982
49%
2017
$6,910
7%
$32,099
—
2016
$6,429
9%
$32,099
—
2015
$5,882
—
$32,099
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2156 W Wellington Ave
2156 W Wellington Avenue, Chicago, IL 60618 (MLS# 12015831) is a Lots/Land property with a lot size of acres. 2156 W Wellington Avenue is currently listed for $1,500,000 and was received on April 15, 2024. Want to learn more about 2156 W Wellington Avenue? Do you have questions about finding other Lots/Land real estate for sale in North Center? You can browse all North Center real estate or contact a Coldwell Banker agent to request more information.