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    1522 W Wilson Ave Chicago, IL 60640

    For Sale
    $889,900

    Residential Income, Victorian - Chicago, IL

    Lot size:
    0.11 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 1522 W Wilson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    APN
    14171060170000
    Parking
    2
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1900
    Roof type
    Asphalt
    Architectural style
    Victorian

    4 Sale Realty Advantage, Inc (847) 601-9359 [email protected]

    Listing agent Daniel Nierman (847) 601-9359 License #471018942

    Listing date Sep 22, 2025

    MLS# 12317973 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oversized Lot in Chicago

    This property, situated on an oversized lot, presents opportunities for developers and rehabbers. The lot is potentially suitable for rezoning to accommodate the construction of four condos, each approximately 1900 square feet. The existing building, while structurally sound, requires significant renovation. Conversion to a single-family home is another possible option. The property includes a partially finished basement with one bathroom. It is being sold in its current "AS IS" condition and is currently winterized.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6688243
    Latitude
    41.9655568

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    FAQs

    What type of property is this?
    Residential land & home lot - Oversized lot prime for rezone, build 4 condos.
    Where is this residential land & home lot located?
    The property is located at 1522 W Wilson Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $889,900.
    What are key features of this property?
    This property features: - Oversized lot prime for rezone, potential to build 4 condos.; - Good bones, suitable for development or conversion.; - Victorian architectural style.
    (847) 601-9359
    Request Owner's contact information
    1522 W Wilson Ave Chicago, IL 60640
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    Chicago, IL 60640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1522 W Wilson Ave Chicago, IL 60640
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