2156 W Wellington Avenue
Chicago, IL 60618
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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.
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Last updated May 10, 2024
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MLS# 12015831 —
This property is listed in more than one place. See it here.
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/2/24
May 2, 2024
|
Price Changed | MRED | $1,375,000 | -8.3% |
|
4/15/24
Apr 15, 2024
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Listed / Active | MRED | $1,500,000 |