About This Home
This 10-bedroom, 7-bathroom residential multi family at 1628 W Nelson Avenue in Chicago, IL is listed for $1,315,000. Built in 1920, on a N/A lot.
Key Features
- Built in 1920
- 3 parking spaces
Property Details
Exceptional opportunity to own a piece of Chicago's architectural history in the heart of Lakeview! This stunning turn of the century Greystone sits on a rare, extra-wide 37.5' lot, featuring a lush private side yard and a 3-car garage that adds additional income potential.
Located in the Burley school district, this multi-unit provides the potential to be a high yield legacy asset. Physical layout spans four functional levels, a raised garden, main level second floor & two additional upper levels. Perfect for an owner-occupant looking to "house hack," This building offers an oversized owner's unit starting on the third floor landing with a skylight.
In addition there are three high-demand rental units to cover your mortgage. Three of the units offer two bathrooms. Step inside to find high ceilings, original millwork, and vintage character including original built-in hutches & hardwood floors throughout.
Modern mechanicals provide peace of mind: individual gas furnaces, central air for all units, and updated electrical service include 4 tenant plus one common meter. The property also features a full 9 basement' with storage lockers (6x8) and coin-operated laundry facilities. Proximity to Ashland Avenue and the neighborhood "Jewel" mall provides tenants with unmatched convenience and transit access.
Monthly Cost Estimate
$7,033/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1628 W Nelson Avenue
Chicago, IL 60657
Property Details
Construction
Pool Features
Parking
Heating
Questions & Answers
This 10-bedroom, 7-bathroom residential multi family at 1628 W Nelson Avenue is listed at $1,315,000. The estimated monthly payment is $7,033 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 3 parking spaces.
This property is listed by Salomon Lino and can be reached at (312) 265-8000.