1501 W Wilson Ave, Chicago, IL
7 bd · 4 ba · 0 sqft Multi-Family listed at $949,000, built in 1903 in the Uptown neighborhood.
About this home
Set on a prominent corner lot in a truly special neighborhood, this charming Victorian has been held by the same family for generations-an increasingly rare find. Currently configured as three units, the property offers immediate scale and long-term upside for the right buyer with vision. The building's soul remains intact. Original ornate woodwork and period details still grace the interior, offering a strong foundation to restore and elevate the home's historic character. The rooms are generously sized, providing flexible layouts that can be reimagined to meet today's market demands-whether as refined rental units, luxury conversions, or a thoughtful blend of both. A full basement adds valuable utility and potential, while the detached two-car garage enhances convenience and future appeal. The corner lot setting not only increases light and presence but also strengthens long-term value in an already spectacular neighborhood. Offered AS-IS, presenting a rare opportunity to restore craftsmanship, honor its history, and unlock future potential.
Property details
- Price
- $949,000
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- 1903
- Lot size
- 3,485 sqft
- Type
- Multi-Family
- Days on market
- 58
- Est. property tax
- $19,739/yr · $1,645/mo · 2.08% IL avg
- Last sold
- $73,000 · Jun 1981
Estimated monthly payment
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Price history
▼ 9.6%Most recent change on 2026-03-19: $1,050,000 → $949,000.
- Mar 19, 2026$949,000Price change
- Feb 26, 2026$1,050,000Initial list price
- Feb 22, 2017$700,000Price change
- Jan 23, 2017$700,000Price change
- Jan 19, 2017$599,000Initial list price
- Jun 23, 1981$73,000Sold
Location
This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.
About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)
Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 60640)
This neighborhood is primarily renter-occupied (32% owner-occupied). Median age is 37.4; 35% hold a bachelor's degree; median household income is $69,397.
- Median income
- $69,397
- Median age
- 37.4
- Owner-occupied
- 31.8%
- Bachelor's degree
- 35.3%
- Census median home value
- $353,200
Source: US Census Bureau American Community Survey 5-year estimates.
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