1531 W NELSON Street, Chicago, IL, 60657

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$969,900
2 Days On Site

1531 W NELSON Street
Chicago, IL 60657

For Sale|Multi Family|Active
8
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1906
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass

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1531 W NELSON Street1531 W NELSON Street1531 W NELSON Street1531 W NELSON Street
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Meticulously maintained legal three unit building on a quiet tree-lined street in the heart of trendy South Lakeview. The turnkey investment is fully occupied with leases in place until Spring/Summer of 2025 that generate monthly income of 6450. All three units cover their own utilities and are separately metered for gas and electric. The only building expenses for the owner are water, trash, and insurance. Unit 1 is an English garden 2bd/1bath leased thru 6/30/2025 for 1675. Unit 2 is a spacious 2bd/1bath leased thru 5/31/2025 for 1975. Unit 3 is a large duplex 3/4bd/2bath leased thru 6/30/2025 for 2975. The garage yields additional income of 175/month. This can be an ideal armchair investment with solid income as-is, or can be a value add play with strong upside for growth in rents. An excellent bldg to add to your investment portfolio on a fantastic street in one of the most desired neighborhoods on the Northside and located in the highly sought after Burley School District.

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Listing Snapshot
Price 
$969,900
Days On Site 
2 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1906
MLS® Number 
12316378
Status 
Active
Property Tax 
$15,858.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Foundation 
Brick/Mortar
Garage 
Yes
Garage Spaces 
2
Parking 
Garage Door Opener
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Style 
Victorian
Zoning 
COMMR
Interior Features
Appliances 
Humidifier
Basement 
FinishedWalk-Out Access
Cooling 
Ceiling Fan(s)
Heating 
Natural GasForced AirZoned
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Exterior Features
Construction Details 
BrickFrame
Fencing 
Fenced
Roof 
Asphalt
Community Features
Community Features 
CurbsGatedSidewalksStreet Lights
MLS Area 
CHI - Lake View
School District 
299
Township 
Lake View
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2025-03-28 06:50 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2025-03-28 06:50 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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