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1529 W Nelson Street Chicago, IL 60657 • Multi Unit - Multiple • New

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  • 1529 W Nelson Street, Chicago, IL 60657 Main Photo

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Description

HOT LAKE VIEW 3 FLAT + 3 FLOOR COACH HOUSE | INCOME-PRODUCING | LIVE-IN & RENT | OPEN SAT & SUN | OFFERS REVIEWED THURSDAY Welcome to an exceptional rare investment opportunity in the heart of Chicago's highly desirable Lake View neighborhood. This Victorian 3 Flat with Coach house is offering four income-producing units that includes a separate coach house, these 2 properties present the kind of versatility that sophisticated investors and owner-occupants look for. Whether your vision is to maximize rental income, live in one residence while generating income from the others, or hold a multi-unit asset in a premier Chicago location, this property provides a range of possibilities. Beyond the income potential, the location is a true standout. Enjoy the best of Lake View living with an abundance of restaurants, cafes, shopping, entertainment, parks, neighborhood amenities, and convenient transportation just moments away. It is a location that continues to attract residents who want the energy of the city while enjoying the character and community of a sought-after neighborhood. 4 units total, that includes the 3 flat and a separate Coach house. 2 amazing properties. An outstanding Chicago Lakeview location. Multiple strategies. One exceptional opportunity. Properties offering this combination of income potential, flexibility, and location are not often available. Whether you're an experienced investor or seeking a property with income-producing potential, this unique opportunity is ready for your vision and investment strategy. Come experience the property and explore the possibilities firsthand. Seller intends to review offers following the weekend, with a target of Thursday for highest and best. This is the Lake View opportunity you've been waiting for. Come see it, bring your vision, and make it yours. Serious inquiries only!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 10
Bathrooms: 5
County: Cook
High School: Lake View High School
Listed By:
Berkshire Hathaway HomeServices Chicago 630-325-7500
MRED MLS
$1,750,000
Est. $12,259/mo
10beds
5baths
New to the Market New
BEDS10 BATHS5 full MLS#12764264
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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1529 W Nelson Street, Chicago, IL 60657.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,750,000$1,750,000$1,750,000
Down Payment $61,250$0$350,000
Monthly Mortgage Amount $11,145$11,893$9,314
Taxes $2435$2435$2435
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,050$0$0
Monthly Estimated Total $15,140$14,838$12,259

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