1531 W Nelson St
Chicago, IL 60657
8 Beds
4 Baths
2,293 Sq Ft
17 Days on Market
For Sale $969,900
Can you afford it. Find out now with a mortgage prequalification from Wells Fargo. It takes just a few minutes and won’t affect your credit score. Get prequalified
Save
Courtesy of Compass

Listing Agent & Comments

Ryan HuylerCompass
312-319-1168ryan.huyler@compass.com
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.

MLS# MRD12316378 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area2,293 Sq.Ft.
Lot Size3,101 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms4
Stories2
Year Built1906
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$15,859
Property in Flood Zone--
More Information On This Home
This home's estimated value
$969,296
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

HouseCanary, Inc. Brokerage

1531 W Nelson St., Chicago, IL 60657

Multifamily
8 Beds
4 Baths
2,293 Sq Ft
17 Days on Market

Listing Agent & Comments

Ryan HuylerCompass
312-319-1168ryan.huyler@compass.com
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.

MLS# MRD12316378 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area2,293 Sq.Ft.
Lot Size3,101 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms4
Stories2
Year Built1906
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$15,859
Property in Flood Zone--
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $969,900
Can you afford it. Find out now with a mortgage prequalification from Wells Fargo. It takes just a few minutes and won’t affect your credit score. Get prequalified
Save
Courtesy of Compass
1531 W Nelson St
Chicago, IL 60657
8 Beds
4 Baths
2,293 Sq Ft
17 Days on Market

Listing Agent & Comments

Ryan HuylerCompass
312-319-1168ryan.huyler@compass.com
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.

MLS# MRD12316378 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area2,293 Sq.Ft.
Lot Size3,101 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms4
Stories2
Year Built1906
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$15,859
Property in Flood Zone--
More Information On This Home
This home's estimated value
$969,296
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $969,900
Can you afford it. Find out now with a mortgage prequalification from Wells Fargo. It takes just a few minutes and won’t affect your credit score. Get prequalified
Save
Courtesy of Compass