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40 Properties Within 0.5 miles of: 1503 W Nelson, Chicago

1503 W Nelson
Chicago, IL 60657

  • Built In 1900
Price

$1,850,000

Est Payment
$12,232 / month (details)  
Taxes
$27,428  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
25X125  
Built
1900  
Neighborhoods
Lakeview, South Lakeview  
MLS
#11257851
Status
Cancelled

Property Description

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 $6,300,000. Properties included in portfolio are. 3828 n Sheffield (asking $1,400,000), 923 Fletcher (asking $950,000), 1508 w Henderson (asking $1,125,000), & 1503 & 1507 w Nelson (asking $1,850,000 & $975,000). Total Annual Income of $489,360 with a total proforma rent of $616,200. of More Pictures to come.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

Parking
4 Parking Spaces

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

10-28-2021 Listed at $1,900,000
12-06-2021 Price decreased by $50,000 to $1,850,000
03-29-2022 Status changed to Cancelled
Last Modified 3/29/22 7:17 PM

Nearby Transportation

  • Bus 9 0.1 mi
  • Bus 77 0.2 mi
  • Bus X9 0.2 mi
  • Bus 76 0.3 mi
  • Bus 50 0.6 mi
  • Bus 152 0.7 mi
  • Bus 74 0.8 mi
  • Bus 22 0.8 mi
  • Bus 8 0.9 mi
  • Bus 151 0.9 mi
  • Bus 156 0.9 mi
  • Bus 73 0.9 mi
  • Bus 37 1.1 mi
  • Bus 49 1.1 mi
  • Bus 36 1.1 mi
  • Brown Line 0.5 mi
  • Purple Line 0.7 mi
  • Red Line 0.7 mi
  • ZipCar 0.1 mi
  • I 90 West 1.1 mi
  • I 94 West 1.1 mi
  • I 90 East 1.2 mi
  • I 94 East 1.2 mi
  • I 290 West 4.2 mi
  • I 290 East 4.3 mi
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