1628 W Nelson Avenue

Chicago, IL 60657

About this property

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.

About this property

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.

Features and Additional Information

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$1,315,000 Active Under Contract
0 sqft

Presented By Daniel and Associates Real Estate

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Baird & Warner
1-773-250-0400
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Area Information

CHI Lake View | Cook County |

$ 1,315,000
This listing is play_arrow 277.6% higher than the average in the area
$ 348,250 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
34 days on site
This listing is play_arrow 100.0% above the average in the area
17 days on site in the area

Schools in the Area

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    Elementary School
    Burley Elementary School
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    Middle School
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    High School
    Lake View High School
Listed By Salomon Lino
Brokerage: Baird & Warner

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