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37 Properties Within 0.5 miles of: 1507 W Nelson, Chicago

1507 W Nelson
Chicago, IL 60657

  • 6 Beds
  • Built In 1900
Price

$975,000

Est Payment
$6,768 / month (details)  
Taxes
$18,315  
Beds
6  
Rooms
6  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25X125  
Built
1900  
Neighborhoods
Lakeview, South Lakeview  
MLS
#11360175
Status
Expired

Property Description

Check out this 3 unit multi-family property with a heated studio space above the garage. The main building features a duplex-up owners unit and 2 2 bedroom units. Plus a two car garage with an additional finished and heated studio space. Perfect for a private screening studio or a excusive office space. This income-producing property is perfect for an investor or owner-occupant. Recently painted, and well maintained, this building is steps from the Southport Corridor. Roughly 69k in annual income. Proforma annual income of $91k. 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 $437,520 with a total proforma rent of $616,200. of More Pictures to come.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2.5 Garage Spaces, Garage Door Opener(s), Owned, Parking included in price
Schools
District 299, Burley Elementary School (299), Burley Elementary School (299)

Payment Calculator

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

Listing History

03-29-2022 Listed at $975,000
06-01-2022 Status changed to Expired
Last Modified 6/1/22 12:05 AM

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 X49 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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