773-293-5000
434 W Wellington Ave, Chicago, IL for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

434 W Wellington Ave
Chicago, IL 60657
Lakeview


HIGHLIGHTS

  • Rents 18% below market in as-is condition
  • 2023 modernization of both elevators
  • Close proximity to lakefront, Broadway nightlife, public transit, and Lakeshore Drive

OVERVIEW

Kiser Group is pleased to present The Park Wellington Apartments for sale in an exclusive listing agreement. The property offers an investor the opportunity to acquire scale in one of Chicago's best residential neighborhoods. Investors have a variety of paths to increase net operating income, from improving operations to light value-add to full gut renovation.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

72

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Wellington Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

14-28-109-010-0000

ASK ABOUT THIS PROPERTY

Lee KiserKiser GroupMore Info
773-293-5000

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Lee KiserKiser GroupMore Info
773-293-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.