ON MARKET - MULTI-FAMILY
544 W. Wellington Ave. Chicago, IL 60657
NEIGHBORHOOD
Lakeview East
PRICE
$6,100,000
NUMBER OF UNITS
8
PROPERTY LISTED

Essex Realty Group, LLC has been exclusively engaged to market for sale “The Georgia,” named after the matriarch of the Seller’s family who purchased the property in 1957. The Property is an 8-unit center entrance apartment building located at 544 West Wellington in Chicago’s Lakeview East neighborhood.

The units are exceptionally spacious, reaching approximately 2,000 SF. Each unit includes a chef’s kitchen, dining room, living room, foyer, and large bedrooms. The units have undergone a complete renovation, yet still maintain their historical charm through features such as grand foyers, coffered ceilings, crown molding, stained glass windows, decorative fireplaces, and custom casings.

In addition, the apartments benefit from modern improvements such as marble-accented bathrooms with heated floors, smart HVAC systems, cornice lighting, updated kitchens, and full-sized, in-unit laundry.

The building features a community garden, video & remote entry system, a new porch with Trex decking, metal storage lockers in the basement, and individual EV charging capabilities for each garage space. Four of the eight units offer oversized street-facing balconies, and six units have large rear decks. Additionally, the Property generates additional income from five garage parking spaces.

The Property experienced a porch fire in February of 2024 that resulted in damage to several of the apartments. As a result, the Property was vacated while restoration took place. The restoration is expected to be completed in the coming months. Currently, there are four leases (1E, 1W, 2W, & 3W) on the Property. The Seller will pursue occupancy as units become completed.

Located just off N. Broadway, 544 West Wellington Ave. offers residents easy access to Lakeview’s vibrant dining and shopping scene. The Property is located ½ mile to the CTA Brown and Purple lines, offering convenient access to downtown Chicago and the northern suburbs, and under ¼ mile from Lake Michigan.

LOCATION DETAILS

Lakeview is one of the most prominent neighborhoods in Chicago, located 6 miles north of the Loop and bordering Lake Michigan. Its proximity to the city’s central business district, combined with convenient access to public transportation, has led to substantial residential and retail growth, which has been the driving force behind the transformation of the neighborhood into one of the foremost places to live in Chicago. Home to the Chicago Cubs and Wrigley Field, the country’s second oldest ballpark, the neighborhood is filled with restaurants, boutiques, and small businesses.

HIGHLIGHTS
  • The Georgia Is an 8-Unit Center Entrance Apartment Building
  • Unit Mix: (6) 3Bd/2Ba, (2) 2Bd/2Ba – GDN
  • Five Garage Parking Spaces With Electric Vehicle Charging Capabilities
  • Massive 2,000 SF Units With High-End Luxury Finishes
  • Steps From N. Broadway With an Abundance of Restaurants, Bars, and Retail, and Less Than ¼ Mile From Lake Michigan
LISTING BROKERS
Principal
847.732.9090
Principal
773.484.8866
Managing Director
847.691.7800