1529 W Nelson Street, Chicago IL 60657
$1,750,000

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Property 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!

Features & Information

Key Details

  • List Price $1,750,000
  • Property Taxes $22,394
  • Year Built 1893
  • Status New
  • List Market Time 3

Units

  • Unit 1

  • Floor 1
  • Rooms 9
  • Beds 3
  • Baths 2
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Hardwood Floors
  • Rent $3,300/mo
  • Tenant Pays Electric,Gas
  • Lease Expires 04/27
  • Unit 2

  • Floor 2
  • Rooms 6
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher, Central Air Conditioner, Hardwood Floors
  • Rent $1,875/mo
  • Tenant Pays Electric,Gas
  • Lease Expires 04/27
  • Unit 3

  • Floor 2
  • Rooms 4
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher, Central Air Conditioner, Hardwood Floors
  • Rent $2,000/mo
  • Tenant Pays Electric,Gas
  • Lease Expires 05/27
  • Unit 4

  • Floor 1
  • Rooms 10
  • Beds 4
  • Baths 2
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors, Skylights/Windows
  • Rent $4,300/mo
  • Tenant Pays Electric,Gas
  • Lease Expires 04/27

Exterior Features

  • Parking

  • # of Cars:  0

Building Information

  • Number of Units 4
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Lake View
  • Corporate Limits Chicago
  • Directions to Property East Of Ashland Ave, South Of Barry Ave, North Of Wellington Ave, West Of Greenview Ave
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • School Name Lake View High School
  • Property Taxes

  • Tax 22393.85
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 14291120170000

Listed by Denise Marron for Berkshire Hathaway HomeServices Chicago | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/30/2026 11:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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