Six-Unit Multifamily Portfolio

1853 West Wellington Avenue, Chicago, IL 60657

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Fully leased six-unit asset features two buildings with historic character and modern design in West Lakeview.

Type:Multifamily

Property size:

6,150 SF

HighLights

Fully leased 6‑unit multifamily asset in Chicago’s West Lakeview neighborhood.
Two buildings totaling 6 apartments: 3,786 SF two‑story building at 1853 W Wellington Ave.
Second building is 2,634 SF three‑story building at 2949 N Wolcott Ave with 3 apartments.
Buildings are on the southeast corner of W Wellington St and N Wolcott Ave.
Offering includes a mix of historic character and modern design across both buildings.

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Listing Contact

Dominic Soltero

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For Sale

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Fully leased six-unit asset features two buildings with historic character and modern design in West Lakeview.

Type:Multifamily

Property size:

6,150 SF

Added:: Jun 11, 2026
Days on Market:: 5
Last Refresh:: Jun 13 at 2:16 am

Property Features for 1853 West Wellington Avenue

General Information

Standard status: Active
Size: 6,150 SF
Property subtype: Multifamily

Properties For Sale

at 1853 West Wellington Avenue Contact us

We can help!

Listing Contact

Dominic Soltero

Listing agent Dominic Soltero

Listing office CBRE | Chicago

Listing date Jun 11, 2026

Source Cbre

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 CBRE | Chicago

HighLights

Fully leased 6‑unit multifamily asset in Chicago’s West Lakeview neighborhood.
Two buildings totaling 6 apartments: 3,786 SF two‑story building at 1853 W Wellington Ave.
Second building is 2,634 SF three‑story building at 2949 N Wolcott Ave with 3 apartments.
Buildings are on the southeast corner of W Wellington St and N Wolcott Ave.
Offering includes a mix of historic character and modern design across both buildings.

Overview

The offering includes a fully leased, two-building multifamily property containing 6 apartments total. One building is a two-story structure with 3 apartments and approximately 3,786 square feet. The second building is a three-story structure with 3 apartments and approximately 2,634 square feet, addressed as 2949 North Wolcott Avenue. The apartments are described as thoughtfully laid out, blending historic character with modern design elements.

The property is positioned on the southeast corner of West Wellington Street and North Wolcott Avenue in Chicago’s West Lakeview neighborhood. The remarks note convenient access to transportation and proximity to neighborhood dining, entertainment, and shopping.

This asset is being presented as an opportunity for both investors and owner-occupants, with the current rents described as severely under market. The next owner can potentially increase income as tenants turn over, supported by rent stabilization, light upgrades, and active management as outlined in the offering materials. With a smaller multifamily configuration and two buildings under one ownership, the property may fit buyers looking to reposition a compact rental asset in a well-established rental area.

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City: Chicago
County: Cook
State: Illinois
Longitude: -87.6756249
Latitude: 41.9357063

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For sale
Apartment buildings
IL
Chicago
60657
1853 West Wellington Avenue

What type of property is this?

Apartment building - Fully leased six-unit asset features two buildings with historic character and modern design in West Lakeview.

Where is this apartment building located?

The property is located at 1853 West Wellington Avenue Chicago, IL.

What are key features of this property?

This property features: Fully leased 6‑unit multifamily asset in Chicago’s West Lakeview neighborhood.; Two buildings totaling 6 apartments: 3,786 SF two‑story building at 1853 W Wellington Ave.; Second building is 2,634 SF three‑story building at 2949 N Wolcott Ave with 3 apartments.