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1149 W. Wellington

  • Chicago, IL

1149 W. Wellington

3 Units I 6 Bed I 4.5 Bath 

$1,799,000

Iconic brick Victorian three-unit building situated in the heart of Lake View on sought after tree-lined Wellington Avenue. This turnkey investment property has not been on the market in over 40 years and has been impeccably maintained and updated throughout. The first-floor duplex-down features two bedrooms plus a den and office, along with two baths, and offers incredible space that once housed an authentic (sawdust on the floor) butcher shop and Angelo's neighborhood Pub. Perfect for an owner-occupancy, this unit showcases 15-foot ceilings, a newly renovated kitchen with quartzite countertops, stainless steel appliances, and a wet bar with beverage center. The primary suite includes a private bath and dressing room, while the lofted office space creates a striking architectural feature. The expansive lower level offers flexibility as a second family room or additional bedroom. The second-floor unit features two bedrooms, one and a half baths, exposed brick, and oversized windows overlooking Wellington Ave. The spacious top-floor unit offers one bedroom, one bath, vaulted ceilings, and exceptional southern exposure. The second and third units feature wood-burning fireplaces. Outdoor spaces abound, including a private garage deck with built-in seating. The building also features updated, individual mechanicals for each unit, separate private spacious storage and laundry, and a four-car brick garage off Wellington with four additional off-street parking spaces. Conveniently located within walking distance to the Brown Line, restaurants, and nightlife, this is an exceptional property with endless possibilities.

Annual Expenses

Gas, Water, Trash: 

2025: $1,997.22 I YTD: $592.64

ComEd: 

2025: $253.60 I YTD: $88.45 

Taxes: 

2024: $19,086.27 I YTD: $10,497.45

 

Current Rent Roll & Income Summary

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Jeff Lowe

EM

Jeff Lowe

CEO & Founder of Lowe Group

475154506

He firmly believes in the power of effective marketing, personal service, consistent communication, and, above all, hard work.

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