1503 W Nelson Street
Chicago, IL, 60657
$1,585,000
Beds
0 Baths
SqFt
0 Acres
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$1,585,000
1503 W Nelson Street
Chicago, IL, 60657
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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.

Property Details

Price:
$1,585,000 / $1,640,000
MLS #:
MRD11454619
Status:
Closed ((Apr 17, 2023))
Beds:
0
Baths:
0
Address:
1503 W Nelson Street
Type:
Commercial
City:
Chicago
Listed Date:
Jul 5, 2022
State:
IL
ZIP:
60657
Year Built:
1900

Schools

Interior

Cooling
Central Air

Exterior

Financial

Buyer Agent Compensation
2.5% – $395Net Sale Price
Net Operating Income
$93,193
Tax Year
2020
Taxes
$27,427
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1503 W Nelson Street
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