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Backup Offers

550 W Wellington Ave Unit 5W, Chicago, IL, 60657

$865,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
2,000 SqFt
$433/SqFt
Condo

Location

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550 W Wellington Ave Unit 5W, Chicago$865,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built2005
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #12195640
StatusAccepting Backup Offers
(Contingent)

About 550 W Wellington Ave Unit 5W

Absolutely stunning condo in highly sought after East Lakeview boutique elevator building with only two units per floor. The thoughtfully designed unit has two bedrooms, two bathrooms and a large open den area that can be easily closed off if a private 3rd bedroom is needed. A natural light lover's dream, the unit looks south and west with scenic city and sunset views 365 days a year. The open concept floor plan allows for a very spacious living and dining area that can easily accommodate large pieces ideal for entertaining. The high-end designer kitchen has sleek Bulthaup Cabinets, Sub-Zero/Miele stainless appliances, fantastic counter space for cook prep and bar seating for four. The middle section of the unit features the den/TV room area, the sizable 2nd bedroom with a sun-drenched balcony, and the well appointed 2nd full bathroom. The luxe primary suite is generous in size and comes with a large private terrace, massive walk-in custom closet and a spa-like bathroom with natural stone finishes, double-bowl vanity, large tub and a show stopping walk-in shower with glass subway tile. Completing this amazing unit is a private laundry room with in-unit trash shoot, the best parking space in the bldg included and common rooftop deck. A must see unit in an unbeatable location steps to Mariano's, restaurants/shopping galore, Lincoln Park and the lakefront.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 9
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 319-1168
  • Listing Agent: Ryan Huyler

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: No
  • Interior: Hardwood Floors, First Floor Bedroom, First Floor Laundry, Laundry Hook-Up in Unit, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Deck, Roof Deck, Storms/Screens, End Unit

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: BROADWAY TO WELLINGTON, EAST TO PROPERTY

Price Information

Listing Price Info

Price Summary:

  • List Price: $865,000
  • Price Per SqFt: $433/SqFt

HOA Fees:

  • Amount: $750
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

550 W Wellington Ave Unit 5W vs Chicago

55 DAYS ON ROCKET

+22 Days

$865,000

+$501K More

$433/SqFt

+$172 More

KEY TAKEAWAY

This property is $501K more than the Median Sold Price and $172/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12195640

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 319-1168
  • Listing Agent: Ryan Huyler

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IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:16:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4495204
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-4495205
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 3.85 miles

  • Public District Grades KG-5

school-card-donut-4495206
4
/10

  • Henry Elementary School

  • 4250 N Saint Louis Ave

  • 4.00 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,241. Residents of Chicago, IL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 W Wellington Ave Unit 5W

What is the listing price of this property?

The listing price of 550 W Wellington Ave Unit 5W property is $865,000.

What type of property is this?

The property 550 W Wellington Ave Unit 5W is a condo located in Chicago, Illinois, 60657.

Is this property for sale now?

Accepting Backup Offers: 550 W Wellington Ave Unit 5W is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 550 W Wellington Ave Unit 5W has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 W Wellington Ave Unit 5W is 2,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 W Wellington Ave Unit 5W is 2005.

Rocket Homes›Illinois›Cook County›Chicago›60657›550 W Wellington Ave Unit 5W

This home is located at 550 W Wellington Ave Unit 5W in Chicago, IL and zip code 60657 in the Lakeview East neighborhood. This 2,000 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $865,000.

In November 2024 more than 521 listings in Chicago, IL were sold above the asking price. During the same period more than 254 listings were sold at asking price, while more than 845 were sold below. The number of listings in Chicago, IL increased by 2.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 33 days, the median list price was $363,936.

From Rocket Homes Real Estate and based on county public records data.

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