5635 West Wellington Avenue

Belmont Cragin is one of Chicago's most active Northwest Side multifamily submarkets, anchored by a dense population, strong rental demand, and a deep stock of vintage two-flats, courtyard, and mixed-use buildings. Its established character and long-term ownership base have historically supported stable occupancy and consistent rent growth. The area is well-served by Metra's Milwaukee District West Line, CTA Blue Line access on its eastern edge, and multiple bus routes, with convenient access to the Kennedy Expressway (I-90/94) linking residents to downtown Chicago and O'Hare. Retail and commercial activity along the Belmont-Central corridor adds to the neighborhood's appeal. With its density, durable renter base, and long-term upside, Belmont Cragin remains a compelling submarket for investors seeking stable cash flow.Kiser Group is pleased to exclusively offer for purchase 5635 W. Wellington Ave, a six (6) unit building in Chicago's Belmont Cragin neighborhood. The subject property is well-positioned in one of the city's most active Northwest Side multifamily submarkets, offering tenants convenient access to the Belmont-Central retail corridor, Metra's Milwaukee District West Line, and the Kennedy Expressway (I-90/94) for quick travel throughout Chicagoland. 5635 W. Wellington Ave has a unit mix consisting of four (4) 1Bd/1Ba and two (2) 2Bd/1Ba units. Recent capital improvements include, but are not limited to, a newer boiler, newer porches, and replacement of most windows throughout the building. 5635 W. Wellington Ave presents investors with a compelling opportunity to acquire a well-maintained asset with clear upside. In-place rents currently sit approximately 12% below market in as-is condition, with potential to push them further through targeted cosmetic enhancements to the units.