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  3. Chicago, IL
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  5. 550 W Wellington Ave
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550 W Wellington Ave

550 W Wellington, Chicago, IL, 60657

YEAR BUILT

2005

# STORIES

9

# TOTAL UNITS

18

UNIT SIZE RANGE

2,000-2,037 sqft

Description

The building at 550 W Wellington Ave is a high-rise located in the Southeast Lakeview neighborhood of Chicago. Built in 2005, it has 9 stories and includes 18 units. Every floor features just 2 units, giving a boutique feel to the space. Units in this building are generous in size, ranging from 2,000 to 2,037 sq ft. Prices for available units range from $955,000 to $965,000. The average price per square foot is around $445. Recent sales show an average closed price of $888,334, with the lowest sold price in the last year at $855,000. The market moves fairly quickly here, with an average of 52 days on the market. That allows buyers some time to think about their options. Local businesses, such as Chilam Balam Inc and Janitzio Burrito, provide excellent dining choices. Dudlong is also nearby for more restaurant options. Residents enjoy various amenities, including a receiving room, elevator access, and a sundeck. The building features a common rooftop deck that allows for great city views. In-unit features like high-end kitchens with Bulthaup cabinets and in-unit laundry also enhance the living experience. Parking is convenient with heated garage spaces and additional storage available. The location is near Lincoln Park and the lakefront trails, appealing to outdoor enthusiasts. Living here blends comfort and city life, making it an inviting place to call home.

Building ImageMLS ID #12306681
Building ImageMLS ID #12195640
Building ImageView Listing

550 W Wellington Ave

550 W Wellington, Chicago, IL, 60657

YEAR BUILT

2005

# STORIES

9

# TOTAL UNITS

18

UNIT SIZE RANGE

2,000-2,037 sqft

Description

The building at 550 W Wellington Ave is a high-rise located in the Southeast Lakeview neighborhood of Chicago. Built in 2005, it has 9 stories and includes 18 units. Every floor features just 2 units, giving a boutique feel to the space. Units in this building are generous in size, ranging from 2,000 to 2,037 sq ft. Prices for available units range from $955,000 to $965,000. The average price per square foot is around $445. Recent sales show an average closed price of $888,334, with the lowest sold price in the last year at $855,000. The market moves fairly quickly here, with an average of 52 days on the market. That allows buyers some time to think about their options. Local businesses, such as Chilam Balam Inc and Janitzio Burrito, provide excellent dining choices. Dudlong is also nearby for more restaurant options. Residents enjoy various amenities, including a receiving room, elevator access, and a sundeck. The building features a common rooftop deck that allows for great city views. In-unit features like high-end kitchens with Bulthaup cabinets and in-unit laundry also enhance the living experience. Parking is convenient with heated garage spaces and additional storage available. The location is near Lincoln Park and the lakefront trails, appealing to outdoor enthusiasts. Living here blends comfort and city life, making it an inviting place to call home.

Next

Description

The building at 550 W Wellington Ave is a high-rise located in the Southeast Lakeview neighborhood of Chicago. Built in 2005, it has 9 stories and includes 18 units. Every floor features just 2 units, giving a boutique feel to the space. Units in this building are generous in size, ranging from 2,000 to 2,037 sq ft. Prices for available units range from $955,000 to $965,000. The average price per square foot is around $445. Recent sales show an average closed price of $888,334, with the lowest sold price in the last year at $855,000. The market moves fairly quickly here, with an average of 52 days on the market. That allows buyers some time to think about their options. Local businesses, such as Chilam Balam Inc and Janitzio Burrito, provide excellent dining choices. Dudlong is also nearby for more restaurant options. Residents enjoy various amenities, including a receiving room, elevator access, and a sundeck. The building features a common rooftop deck that allows for great city views. In-unit features like high-end kitchens with Bulthaup cabinets and in-unit laundry also enhance the living experience. Parking is convenient with heated garage spaces and additional storage available. The location is near Lincoln Park and the lakefront trails, appealing to outdoor enthusiasts. Living here blends comfort and city life, making it an inviting place to call home.

550 W Wellington Ave Market Stats Last 12 months

Avg. Listed Price$895,000($448/Sqft.)
Avg. Sale Price$888,334($445/Sqft.)
Year over year list priceUp Arrow3.47%
Year over year sale price 0.00%
Total Listings2 Listed
Total sold3 Sold
Average Days on Market52 days
Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow3.47%
Year over year sale price0.00%
Total Listings2 Listed
Total sold3 Sold
Average Days on Market52 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

550 W Wellington Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 8E8E20002212025-05-09
MLS#: 12306681 		Closed$915,000
Unit 9W9W200022552013-12-02
MLS#: 08462986 		Closed$965,000
Unit PH-EPH-E2000321422013-02-20
MLS#: 08170416 		Closed$955,000
Unit 8E
8E

2 Beds

2 Baths

2000 sqft

DateStatusPrice
2025-05-09Closed$915,000
MLS#: 12306681
Days On Market1
Unit 9W
9W

2 Beds

2 Baths

2000 sqft

DateStatusPrice
2013-12-02Closed$965,000
MLS#: 08462986
Days On Market55
Unit PH-E
PH-E

3 Beds

2 Baths

2000 sqft

DateStatusPrice
2013-02-20Closed$955,000
MLS#: 08170416
Days On Market142
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at 550 W Wellington Ave is all about enjoying life to the fullest! Start your day with a blissful morning on the sundeck, soaking in the sun while sipping your coffee. Exercise enthusiasts will appreciate the bike room and nearby bike trails, perfect for exploring the city's intricate path system. There’s also a restaurant on-site, making it convenient to indulge in a meal without going far. The building is equipped with service elevators and receiving rooms to add that extra pinch of convenience to your life.

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Amenities Description

Living at 550 W Wellington Ave is all about enjoying life to the fullest! Start your day with a blissful morning on the sundeck, soaking in the sun while sipping your coffee. Exercise enthusiasts will appreciate the bike room and nearby bike trails, perfect for exploring the city's intricate path system. There’s also a restaurant on-site, making it convenient to indulge in a meal without going far. The building is equipped with service elevators and receiving rooms to add that extra pinch of convenience to your life.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Restaurant

Restaurant

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

One of the fantastic perks of calling this place home is the flexibility with pets. Both cats and dogs are welcome, so if you’ve got a furry friend or two, they can join you in your new living space. It’s also handy to note that there are some restrictions on the number and size of pets, ensuring a comfortable environment for all residents.

Next

Amenities Description

One of the fantastic perks of calling this place home is the flexibility with pets. Both cats and dogs are welcome, so if you’ve got a furry friend or two, they can join you in your new living space. It’s also handy to note that there are some restrictions on the number and size of pets, ensuring a comfortable environment for all residents.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
550 W Wellington Ave$445/sqft.$3 /sqft.
550 W Wellington Avenue$445/sqft.$3 /sqft.
630 W Wellington Avenue$454/sqft.$5 /sqft.
631 W Barry St$412/sqft.$3 /sqft.
616 W Barry Avenue$465/sqft.$5 /sqft.
632 W Oakdale Ave$346/sqft.$5 /sqft.

Nearby Schools

Discover top-rated schools located close to 550 W Wellington Ave.

Nettelhorst Elementary School

B
Public|Grades PK–8
3252 N Broadway St|0.45 miles away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|0.68 miles away

St Clement School

--
Private|Grades PK–8
2524 N Orchard St|0.8 miles away

Agassiz Elementary School

B-
Public|Grades PK–8
2851 N Seminary Av...|0.86 miles away

Hawthorne Elementary Scholastic Academy

A
Public|Grades KG–8
3319 N Clifton Ave|1.09 miles away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.15 miles away
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Schools

Nettelhorst Elementary School

B
Public|Grades PK–8
3252 N Broadway St|Less than 1 Mile Away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|Less than 1 Mile Away

St Clement School

--
Private|Grades PK–8
2524 N Orchard St|Less than 1 Mile Away

Agassiz Elementary School

B-
Public|Grades PK–8
2851 N Seminary Av...|Less than 1 Mile Away

Hawthorne Elementary Scholastic Academy

A
Public|Grades KG–8
3319 N Clifton Ave|1.09 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.15 Miles Away

Inter-American Elementary Magnet School

B+
Public|Grades PK–8
851 W Waveland Ave|1.22 Miles Away

Bernard Zell Anshe Emet Day School

--
Private|Grades PK–8
3751 N Broadway St|1.35 Miles Away

Alphonsus Academy & Center for the Arts

--
Private|Grades PK–8
1439 W Wellington ...|1.49 Miles Away

Greeley Elementary School

B+
Public|Grades PK–8
832 W Sheridan Rd|1.59 Miles Away

Mayer Elementary School

A
Public|Grades PK–8
2250 N Clifton Ave|1.60 Miles Away

St Luke Academy

--
Private|Grades PK–8
1500 W Belmont Ave|1.61 Miles Away

St James Lutheran School

--
Private|Grades PK–8
2101 N Fremont St|1.61 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|1.63 Miles Away

Park View Montessori School - Chicago

--
Private|Grades PK–KG
640 W Irving Park ...|1.70 Miles Away

Burley Elementary School

A-
Public|Grades KG–8
1630 W Barry Ave|1.80 Miles Away

St Josaphat School

--
Private|Grades PK–8
2245 N Southport A...|1.82 Miles Away

Disney Elementary Magnet School

A
Public|Grades PK–8
4140 N Marine Dr|1.87 Miles Away

Cardinal Bernardin Montessori Academy

--
Private|Grades PK–4
1651 W Diversey Pk...|1.89 Miles Away

Prescott Elementary School

A
Public|Grades PK–8
1632 W Wrightwood ...|1.90 Miles Away

Blaine Elementary School

A-
Public|Grades PK–8
1420 W Grace St|1.96 Miles Away

Hamilton Elementary School

B+
Public|Grades PK–8
1650 W Cornelia Av...|2.01 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|2.11 Miles Away

St Andrew School

--
Private|Grades PK–8
1710 W Addison St|2.16 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|2.18 Miles Away

Jahn Elementary School

B
Public|Grades KG–8
3149 N Wolcott Ave|2.18 Miles Away

St Mary of the Lake School

--
Private|Grades PK–8
1026 W Buena Ave|2.21 Miles Away

Brennemann Elementary School

C
Public|Grades PK–8
4251 N Clarendon A...|2.21 Miles Away

Lake View High School

C-
Public|Grades 9–12
4015 N Ashland Ave|2.44 Miles Away

Alcott College Preparatory

B+
Public|Grades 9–12
2957 N Hoyne Ave|2.53 Miles Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|2.57 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|2.59 Miles Away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|2.63 Miles Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|2.69 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Addison & Broadway

1 miles away|20 min walk

Addison & Pine Grove

1.04 miles away|20 min walk

Addison & Halsted

1.04 miles away|20 min walk

Addison & Lake Shore

1.09 miles away|21 min walk

Addison & Fremont

1.11 miles away|22 min walk

Addison Red Line Station

1.18 miles away|23 min walk
Next

Transit

Addison & Broadway

1 miles away|20 min walk

Addison & Pine Grove

1.04 miles away|20 min walk

Addison & Halsted

1.04 miles away|20 min walk

Addison & Lake Shore

1.09 miles away|21 min walk

Addison & Fremont

1.11 miles away|22 min walk

Addison Red Line Station

1.18 miles away|23 min walk

Addison (Red)

1.19 miles away|23 min walk

Addison-Red

1.2 miles away|23 min walk

Addison & Clark

1.29 miles away|25 min walk

Addison & Racine

1.4 miles away|27 min walk

Addison & Lakewood

1.56 miles away|30 min walk

Addison & Southport

1.69 miles away|33 min walk

Armitage & Larrabee

1.72 miles away|33 min walk

Armitage & Cleveland

1.72 miles away|33 min walk

Ashland & Diversey

1.73 miles away|34 min walk

Armitage & Orchard

1.73 miles away|34 min walk

Ashland & Belmont/Lincoln

1.73 miles away|34 min walk

Armitage & Lincoln/Sedgwick

1.74 miles away|34 min walk

Armitage & Halsted

1.75 miles away|34 min walk

Armitage & Clark

1.78 miles away|35 min walk

Armitage & Fremont

1.79 miles away|35 min walk

Addison & Greenview

1.83 miles away|35 min walk

Armitage Station (Brown Line)

1.83 miles away|36 min walk

Armitage

1.83 miles away|36 min walk

Armitage (Brown/Purple)

1.83 miles away|36 min walk

Armitage & Seminary

1.91 miles away|37 min walk

1900 N Halsted

1.95 miles away|38 min walk

Addison & Ashland

1.96 miles away|38 min walk

Ashland & Addison

1.97 miles away|38 min walk

3930 N Clark

1.98 miles away|39 min walk

1800 W Diversey

2.09 miles away|40 min walk

1761 W Diversey

2.09 miles away|41 min walk

Addison & Paulina

2.12 miles away|41 min walk

4251 N Marine Drive

2.18 miles away|42 min walk

4250 N Marine Drive

2.19 miles away|42 min walk

4225 N Sheridan

2.21 miles away|43 min walk

4242 N Sheridan

2.23 miles away|43 min walk

Addison & Lincoln

2.25 miles away|44 min walk

1700 N Halsted

2.28 miles away|44 min walk

Addison Brown Line Station

2.32 miles away|45 min walk

Addison (Brown)

2.33 miles away|45 min walk

Addison-Brown

2.33 miles away|45 min walk

Ashland & Elston

2.36 miles away|46 min walk

Addison & Wolcott

2.41 miles away|47 min walk

Ashland & Armitage

2.42 miles away|47 min walk

Ashland & Cortland

2.53 miles away|49 min walk

Addison & Damen

2.56 miles away|50 min walk

Armitage & Hermitage

2.61 miles away|50 min walk

Ashland & Berteau

2.61 miles away|51 min walk

Armitage & Wood

2.65 miles away|51 min walk

The Neighbourhood: 550 W Wellington Ave

Lake View, located in Cook County, IL, is a vibrant neighborhood known for its lively atmosphere and diverse offerings. The area boasts beautiful parks, including Belmont Harbor, where residents can enjoy lakeside views and outdoor activities. Sports enthusiasts will love the proximity to Wrigley Field, home of the Chicago Cubs. The neighborhood features a wide array of dining options, from casual eateries to fine dining, catering to every palate. Excellent public transportation options, including the CTA Red, Brown, and Purple lines, provide easy access to downtown Chicago and beyond.

Next

Neighbourhood Description

Lake View, located in Cook County, IL, is a vibrant neighborhood known for its lively atmosphere and diverse offerings. The area boasts beautiful parks, including Belmont Harbor, where residents can enjoy lakeside views and outdoor activities. Sports enthusiasts will love the proximity to Wrigley Field, home of the Chicago Cubs. The neighborhood features a wide array of dining options, from casual eateries to fine dining, catering to every palate. Excellent public transportation options, including the CTA Red, Brown, and Purple lines, provide easy access to downtown Chicago and beyond.

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550 W Wellington Ave Demographics

Age Demographics

0–14 Years

8.77%

15–29 Years

38.77%

30–44 Years

27.11%

45–59 Years

12.18%

60+ Years

13.17%

Commute

43.4%

Transit

5.75%

Walk

26.57%

Drive

2.69%

Bike

Housing Ownership

31.89%

Owner Occupied

68.11%

Rental Units

Household Types

Single Family
11.92%
Multi Family
1.53%
Single Person
57.06%
Multi Person
42.94%

Average Income

Household:$10,582,786.24 /yr

Individual:$8,368,090.82 /yr

Education

Bachelors Degree49.18%
High School College3.68%
Diploma2.22%
Post Graduate36.12%
Others8.81%
Next

Education

Diploma2.22%
Post Graduate36.12%
Others8.81%
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  3. /
    550 W Wellington Ave
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