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Remodeled Multifamily Building
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3220 W Wellington Ave, Chicago, IL 60618

Remodeled in 2023 with five two-bedroom, one-bath apartments, including in-unit laundry and updated major systems.

Property SizeContact for details
Days on Market122

Property Features for 3220 W Wellington Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5

Amenities

central air
new interior
new kitchen
new floors
new doors & windows
replaced roof
new appliances
laundry in each unit
extra storage in basement

Building Details

Year Renovated 2023
Tenancy Multi
Listing Agency: Troy Companies
Listed By: Andrzej "Andrew" Olszowka · License #IL476.160900
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Troy Companies

Investment Insights

Based on property information with market context.

This remodeled multifamily building was updated in 2023 and features five apartments. The property offers five two-bedroom units with one bathroom each, with separate central air for each unit. Updates include new interiors, kitchens, floors, doors and windows, and a replaced roof, along with new appliances. Each unit includes in-unit laundry, and there is extra storage available in the basement.

The building presents a refreshed exterior with painted brick and trims and is located on a corner with plenty of parking. It is described as being about two blocks from the Blue Line CTA station, with access to downtown Chicago and O’Hare International Airport.

Units are designed around open-plan living areas intended to maximize space and natural light.

Key Highlights

  • Remodeled in 2023: five two‑bedroom, one‑bath apartments
  • Separate central air for each unit
  • Updated kitchens and major interior finishes including new floors, doors, and windows

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Fish Market Butcher Clothing & Fashion Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,804
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Remodeled in 2023 with five two-bedroom, one-bath apartments, including in-unit laundry and updated major systems.
Where is this apartment building located?
The property is located at 3220 W Wellington Ave Chicago, IL.
What are key features of this property?
This property features: Remodeled in 2023: five two‑bedroom, one‑bath apartments; Separate central air for each unit; Updated kitchens and major interior finishes including new floors, doors, and windows
More about this property
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