2958 W Nelson Street
Chicago, IL, 60618
$785,000
6 Beds
3 Baths
0 SqFt
0 Acres
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$785,000
2958 W Nelson Street
Chicago, IL, 60618
MLS #MRD12584229 image #0
LOCATION! LOCATIONLOCATION! Investor-Ready 3-Unit in Avondale – Fully Updated & Turnkey. New roof, building fully gutted, new plumbing, new electric. This fully rehabbed 3-flat features 6 bedrooms and 3 bathrooms across three units (2 bedrooms/1 bathroom in each floor). Each unit boasts open-concept living room, dining area, and kitchen, with SS appliances, granite countertops, and in-unit laundry. Bright, spacious layouts with high-quality finishes make these units highly appealing to tenants. Last finished touches need to be completed in some areas. Seller prefers to sell it As Is. Projected rental income of approximately $6,000+/month ($72,000 annually) at market rents. Ideal for investors seeking strong cash flow, solid cap rate potential, and long-term appreciation in a high-demand rental corridor. Detached 2 car garage sold as-is. Outdoor highlights include a private rear patio and an oversized two-car garage, a rare find in the area. Prime location with excellent access to public transportation, making commuting downtown or to O’Hare conveniente. Surrounded by some of the neighborhood’s most popular dining and coffee spots. A strong opportunity for investors or owner-occupants seeking a turn-key multi-unit in a prime location.

Property Details

Price:
$785,000
MLS #:
MRD12584229
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiavondale
Listed Date:
Mar 5, 2026
NewconstructionChi – AvondaleChiavondale

Schools

School District:
299

Interior

Heating
Natural Gas
Levels
Tri-Level

Exterior

Construction Materials
Vinyl Siding
Garage Spaces
2
New Construction YN
1
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$9,317
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Apr 23, 2026
1,382
Multi Family Listed
79
Avg DOM
$513,518
Avg List Price

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Property Summary

    2958 W Nelson Street Chicago IL is a Multi Family for sale in Chicago, IL, 60618. It is listed for $785,000 To schedule a showing of MLS#mrd12584229 at 2958 W Nelson Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2958 W Nelson Street
Chicago, IL