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1503 W Nelson Street

Chicago, IL 60657
  • $1,585,000
  • STATUS: Active Under Contract
  • ON SITE: 146 Days
  • MLS #: 11454619
Under Contract
UPDATED: 113 min ago
$1,585,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

7-unit multi-family in prime Lakeview location with rentable bonus space. This three story frame building consists of front & rear units with (3) 1Bd/1Ba, (2) 2Bd/1Ba, & (2) 3Bd/ 2Ba duplex units. Units feature hdwd flrs, central heat, & a/c. Coin Laundry and exterior parking. Roughly $153k in annual income. Unique opportunity to buy the neighboring building (1507 W Nelson) for more scale.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-28T23:57:32.363 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1503 W Nelson Street Chicago, IL 60657

  • Price: $1,585,000
  • Status: Active Under Contract
  • On Site: 146 Days
  • Updated: 113 min ago
  • MLS #: 11454619
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Chi - Lake View
County:
Cook
Area:
Chi - Lake View
Property Description
7-unit multi-family in prime Lakeview location with rentable bonus space. This three story frame building consists of front & rear units with (3) 1Bd/1Ba, (2) 2Bd/1Ba, & (2) 3Bd/ 2Ba duplex units. Units feature hdwd flrs, central heat, & a/c. Coin Laundry and exterior parking. Roughly $153k in annual income. Unique opportunity to buy the neighboring building (1507 W Nelson) for more scale.
Exterior Features

Exterior Building Type BrickFrame Outdoor Parking 1-5 Spaces Parking Total 4

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Gross Income 153720 Gross Scheduled Income 153720 Insurance Expense 3958 Maintenance Expense 2100 Mls Actual Status Contingent Net Operating Income 93193 Operating Expense 51355 Tax Annual Amount 27427 Tax Year 2020 Tenant Pays ElectricityHeat Total Monthly Income 12810 Township Lake View Type Multi Family 5+ Zoning Other

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Christie's International Real Estate: 847-881-0200.


© 2022 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-28T23:57:32.363 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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