1503 West Nelson StreetChicago, IL 60657Price: $1,900,000

  • Price: $1,900,000
  • 38 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1900Year Built

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Turn-key 6 unit in prime Lakeview location with rentable bonus space. Approx $148k in gross income! 3 story frame building w/front & rear units. Three 1 bed 1 ba, two 2 bed 1 ba, & two 3 bed 2 ba duplex units. 2 tandem pkg spots. Units feature hdwd flrs & central heat & a/c. Easy to rent - all units currently occupied! Coin Laundry. Roughly $148k in annual income. Proforma annual income of $182k. This Property is part of a 5 building portfolio with a total of 19 units. The building can be purchased as a package or individually. Asking for the entire portfolio is $6,650,000. Properties included in portfolio are. 3828 n Sheffield, 923 Fletcher (asking $1,050,000), 1508 w Henderson (asking $1,200,000), & 1503 & 1507 w Nelson (asking $1,900,000 & $1,000,000). Total Annual Income of $489,360 with a total proforma rent of $616,200. of More Pictures to come.

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Listed by Kimberly Ledwa and Ariana Abercrumbie of Keller Williams ONEChicago

Based on information submitted to MRED  as of December 5, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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